ELTEC INSTALLASJON AS

4825 ARENDAL

Finances

Return on Equity

288,57 %

Current Ratio

0,81

Debt-to-Equity Ratio

4,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 120 000	2 158 000	1 875 000	2 484 000
Net Income	303 000	501 000	293 000	686 000
Total Assets	1 672 000	1 844 000	1 200 000	1 361 000
Total Equity	105 000	264 000	399 000	106 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 120 000	2 158 000	1 875 000	2 484 000
Expenditure	1 707 000	1 492 000	1 476 000	1 573 000
Operating Profit	413 000	667 000	399 000	912 000
Financial Income	0	0	0	0
Financial Costs	24 000	24 000	23 000	32 000
Financial Balance	−24 000	−24 000	−23 000	−32 000
Earnings Before Tax	389 000	643 000	375 000	880 000
Tax	86 000	141 000	83 000	194 000
Net Income	303 000	501 000	293 000	686 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	808 000	918 000	528 000	196 000
Total Current Assets	864 000	926 000	672 000	1 165 000
Total Assets	1 672 000	1 844 000	1 200 000	1 361 000
Total Retained Equity	1 000	161 000	295 000	2 000
Total Equity	105 000	264 000	399 000	106 000
Total Long-Term Debt	506 000	518 000	27 000	112 000
Total Current Debt	1 062 000	1 061 000	774 000	1 143 000
Total Equity and Debt	1 672 000	1 844 000	1 200 000	1 361 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 120 000	2 158 000	1 875 000	2 434 000
Other Income	0	0	0	50 000
Revenue	2 120 000	2 158 000	1 875 000	2 484 000
Cost of Goods Sold	493 000	98 000	190 000	177 000
Salary Costs	688 000	791 000	834 000	787 000
Depreciation	110 000	110 000	59 000	33 000
Impairment	0	0	0	0
Expenditure	1 707 000	1 492 000	1 476 000	1 573 000
Operating Profit	413 000	667 000	399 000	912 000
Financial Income	0	0	0	0
Financial Costs	24 000	24 000	23 000	32 000
Financial Balance	−24 000	−24 000	−23 000	−32 000
Dividends	463 000	636 000	0	685 000
Net Income	303 000	501 000	293 000	686 000

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	23 000	35 000	47 000	59 000
Fixtures	235 000	333 000	431 000	137 000
Total Tangible Assets	258 000	368 000	478 000	196 000
Total Fiancial Fixed Assets	550 000	550 000	50 000	0
Total Fixed Assets	808 000	918 000	528 000	196 000
Stock	183 000	183 000	194 000	227 000
Total Investments	1 000	1 000	1 000	51 000
Cash, Bank	2 000	106 000	2 000	2 000
Total Current Assets	864 000	926 000	672 000	1 165 000
Total Assets	1 672 000	1 844 000	1 200 000	1 361 000
Total Equity	105 000	264 000	399 000	106 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	506 000	518 000	27 000	112 000
Creditors	32 000	2 000	31 000	0
Unpaid Taxes	98 000	273 000	270 000	261 000
Dividends	463 000	636 000	0	685 000
Other Current Debt	0	0	0	0
Total Current Debt	1 062 000	1 061 000	774 000	1 143 000
Total Equity and Debt	1 672 000	1 844 000	1 200 000	1 361 000

Financial indicators	2022	2021	2020	2019
Return on Equity	288,57 %	189,77 %	73,43 %	647,17 %
Debt-to-Equity Ratio	4,82	1,96	0,07	1,06
Operating Profit Margin	19,48 %	30,91 %	21,28 %	36,71 %
Current Ratio	0,81	0,87	0,87	1,02
Quick Ratio	0,98	1,05	1,16	1,27
Equity Ratio	0,06	0,14	0,33	0,08
Gross Profit Margin	76,75 %	95,46 %	89,87 %	92,87 %