ELEKTROGJENVINNING MØRE AS

6170 VARTDAL

Finances

Share Ownership

Return on Equity

19,73 %

Current Ratio

3,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 595 000	2 971 000	2 309 000	1 568 000
Net Income	636 000	998 000	180 000	−659 000
Total Assets	4 151 000	3 601 000	2 480 000	2 393 000
Total Equity	3 223 000	3 187 000	2 188 000	2 008 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 595 000	2 971 000	2 309 000	1 568 000
Expenditure	2 809 000	1 895 000	2 129 000	2 230 000
Operating Profit	786 000	1 076 000	180 000	−662 000
Financial Income	3 000	0	1 000	4 000
Financial Costs	0	0	1 000	1 000
Financial Balance	3 000	0	0	3 000
Earnings Before Tax	788 000	1 076 000	180 000	−659 000
Tax	152 000	78 000	0	0
Net Income	636 000	998 000	180 000	−659 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	474 000	57 000	83 000	164 000
Total Current Assets	3 677 000	3 543 000	2 397 000	2 229 000
Total Assets	4 151 000	3 601 000	2 480 000	2 393 000
Total Retained Equity	2 823 000	2 787 000	1 788 000	1 608 000
Total Equity	3 223 000	3 187 000	2 188 000	2 008 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	929 000	414 000	292 000	385 000
Total Equity and Debt	4 151 000	3 601 000	2 480 000	2 393 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 575 000	2 971 000	2 269 000	1 568 000
Other Income	20 000	0	40 000	0
Revenue	3 595 000	2 971 000	2 309 000	1 568 000
Cost of Goods Sold	1 493 000	547 000	532 000	29 000
Salary Costs	511 000	471 000	539 000	1 020 000
Depreciation	36 000	26 000	81 000	79 000
Impairment	0	0	0	0
Expenditure	2 809 000	1 895 000	2 129 000	2 230 000
Operating Profit	786 000	1 076 000	180 000	−662 000
Financial Income	3 000	0	1 000	4 000
Financial Costs	0	0	1 000	1 000
Financial Balance	3 000	0	0	3 000
Dividends	600 000	0	0	0
Net Income	636 000	998 000	180 000	−659 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	474 000	57 000	83 000	164 000
Fixtures	0	0	0	0
Total Tangible Assets	474 000	57 000	83 000	164 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	474 000	57 000	83 000	164 000
Stock	6 000	155 000	80 000	138 000
Total Investments	0	0	0	0
Cash, Bank	3 475 000	3 078 000	2 017 000	1 890 000
Total Current Assets	3 677 000	3 543 000	2 397 000	2 229 000
Total Assets	4 151 000	3 601 000	2 480 000	2 393 000
Total Equity	3 223 000	3 187 000	2 188 000	2 008 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	83 000	191 000	156 000	121 000
Unpaid Taxes	13 000	59 000	44 000	71 000
Dividends	600 000	0	0	0
Other Current Debt	81 000	86 000	92 000	192 000
Total Current Debt	929 000	414 000	292 000	385 000
Total Equity and Debt	4 151 000	3 601 000	2 480 000	2 393 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,73 %	31,31 %	8,23 %	−32,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,86 %	36,22 %	7,8 %	−42,22 %
Current Ratio	3,96	8,56	8,21	5,79
Quick Ratio	3,98	13,68	11,31	9,02
Equity Ratio	0,78	0,89	0,88	0,84
Gross Profit Margin	58,47 %	81,59 %	76,96 %	98,15 %