ELEKTROKONTAKTEN AS

1892 DEGERNES

Finances

Return on Equity

153,79 %

Current Ratio

1,15

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 808 000	17 594 000	17 668 000	15 524 000
Net Income	3 574 000	3 830 000	2 950 000	2 249 000
Total Assets	13 928 000	12 936 000	10 484 000	10 041 000
Total Equity	2 324 000	7 490 000	5 661 000	3 911 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 808 000	17 594 000	17 668 000	15 524 000
Expenditure	12 237 000	12 997 000	13 783 000	12 414 000
Operating Profit	4 571 000	4 597 000	3 884 000	3 111 000
Financial Income	35 000	54 000	1 000	2 000
Financial Costs	24 000	6 000	23 000	34 000
Financial Balance	11 000	48 000	−22 000	−32 000
Earnings Before Tax	4 581 000	4 646 000	3 863 000	3 079 000
Tax	1 008 000	816 000	913 000	830 000
Net Income	3 574 000	3 830 000	2 950 000	2 249 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	708 000	729 000	408 000	299 000
Total Current Assets	13 220 000	12 208 000	10 076 000	9 742 000
Total Assets	13 928 000	12 936 000	10 484 000	10 041 000
Total Retained Equity	2 224 000	7 390 000	5 561 000	3 811 000
Total Equity	2 324 000	7 490 000	5 661 000	3 911 000
Total Long-Term Debt	133 000	171 000	185 000	260 000
Total Current Debt	11 471 000	5 275 000	4 639 000	5 870 000
Total Equity and Debt	13 928 000	12 936 000	10 484 000	10 041 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 350 000	17 594 000	17 598 000	15 408 000
Other Income	457 000	0	70 000	116 000
Revenue	16 808 000	17 594 000	17 668 000	15 524 000
Cost of Goods Sold	5 220 000	6 848 000	7 094 000	5 288 000
Salary Costs	4 923 000	4 792 000	5 040 000	4 795 000
Depreciation	121 000	44 000	44 000	15 000
Impairment	0	0	0	0
Expenditure	12 237 000	12 997 000	13 783 000	12 414 000
Operating Profit	4 571 000	4 597 000	3 884 000	3 111 000
Financial Income	35 000	54 000	1 000	2 000
Financial Costs	24 000	6 000	23 000	34 000
Financial Balance	11 000	48 000	−22 000	−32 000
Dividends	8 700 000	2 000 000	1 200 000	2 300 000
Net Income	3 574 000	3 830 000	2 950 000	2 249 000

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	0	0	0	0
Fixtures	668 000	520 000	161 000	205 000
Total Tangible Assets	668 000	520 000	161 000	205 000
Total Fiancial Fixed Assets	40 000	209 000	247 000	94 000
Total Fixed Assets	708 000	729 000	408 000	299 000
Stock	0	515 000	544 000	672 000
Total Investments	0	0	0	0
Cash, Bank	10 946 000	8 166 000	5 274 000	5 872 000
Total Current Assets	13 220 000	12 208 000	10 076 000	9 742 000
Total Assets	13 928 000	12 936 000	10 484 000	10 041 000
Total Equity	2 324 000	7 490 000	5 661 000	3 911 000
Short-Term Group Debt	8 700 000	0	0	0
Total Long-Term Debt	133 000	171 000	185 000	260 000
Creditors	438 000	1 102 000	804 000	914 000
Unpaid Taxes	962 000	1 034 000	1 258 000	1 175 000
Dividends	8 700 000	2 000 000	1 200 000	2 300 000
Other Current Debt	446 000	386 000	464 000	649 000
Total Current Debt	11 471 000	5 275 000	4 639 000	5 870 000
Total Equity and Debt	13 928 000	12 936 000	10 484 000	10 041 000

Financial indicators	2022	2021	2020	2019
Return on Equity	153,79 %	51,13 %	52,11 %	57,5 %
Debt-to-Equity Ratio	0,06	0,02	0,03	0,07
Operating Profit Margin	27,2 %	26,13 %	21,98 %	20,04 %
Current Ratio	1,15	2,31	2,17	1,66
Quick Ratio	1,15	2,56	2,46	1,87
Equity Ratio	0,17	0,58	0,54	0,39
Gross Profit Margin	68,94 %	61,08 %	59,85 %	65,94 %