NORELCO ELEKTRO AS

5542 KARMSUND

Finances

Return on Equity

43,47 %

Current Ratio

1,32

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 888 000	38 237 000	27 189 000	38 826 000
Net Income	1 049 000	1 848 000	1 511 000	1 226 000
Total Assets	10 214 000	8 729 000	9 012 000	8 876 000
Total Equity	2 413 000	2 463 000	2 415 000	2 404 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 888 000	38 237 000	27 189 000	38 826 000
Expenditure	26 524 000	35 852 000	25 219 000	37 214 000
Operating Profit	1 364 000	2 385 000	1 971 000	1 611 000
Financial Income	1 000	10 000	3 000	3 000
Financial Costs	20 000	24 000	34 000	40 000
Financial Balance	−19 000	−14 000	−31 000	−37 000
Earnings Before Tax	1 346 000	2 371 000	1 940 000	1 574 000
Tax	296 000	522 000	429 000	348 000
Net Income	1 049 000	1 848 000	1 511 000	1 226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	450 000	692 000	665 000	361 000
Total Current Assets	9 764 000	8 036 000	8 348 000	8 516 000
Total Assets	10 214 000	8 729 000	9 012 000	8 876 000
Total Retained Equity	9 000	59 000	11 000	0
Total Equity	2 413 000	2 463 000	2 415 000	2 404 000
Total Long-Term Debt	418 000	723 000	117 000	4 000
Total Current Debt	7 383 000	5 543 000	6 480 000	6 468 000
Total Equity and Debt	10 214 000	8 729 000	9 012 000	8 876 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 759 000	38 089 000	27 025 000	38 688 000
Other Income	129 000	148 000	165 000	138 000
Revenue	27 888 000	38 237 000	27 189 000	38 826 000
Cost of Goods Sold	9 120 000	16 638 000	8 201 000	16 036 000
Salary Costs	12 563 000	14 674 000	13 043 000	16 887 000
Depreciation	243 000	238 000	143 000	106 000
Impairment	0	0	0	0
Expenditure	26 524 000	35 852 000	25 219 000	37 214 000
Operating Profit	1 364 000	2 385 000	1 971 000	1 611 000
Financial Income	1 000	10 000	3 000	3 000
Financial Costs	20 000	24 000	34 000	40 000
Financial Balance	−19 000	−14 000	−31 000	−37 000
Dividends	1 100 000	1 800 000	1 500 000	0
Net Income	1 049 000	1 848 000	1 511 000	1 226 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	124 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	440 000	682 000	655 000	227 000
Total Tangible Assets	440 000	682 000	655 000	227 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	450 000	692 000	665 000	361 000
Stock	1 030 000	854 000	813 000	913 000
Total Investments	0	0	0	0
Cash, Bank	449 000	1 468 000	1 892 000	606 000
Total Current Assets	9 764 000	8 036 000	8 348 000	8 516 000
Total Assets	10 214 000	8 729 000	9 012 000	8 876 000
Total Equity	2 413 000	2 463 000	2 415 000	2 404 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	418 000	723 000	117 000	4 000
Creditors	1 930 000	651 000	1 399 000	1 249 000
Unpaid Taxes	1 966 000	1 006 000	1 579 000	1 823 000
Dividends	1 100 000	1 800 000	1 500 000	0
Other Current Debt	2 539 000	3 885 000	3 314 000	2 254 000
Total Current Debt	7 383 000	5 543 000	6 480 000	6 468 000
Total Equity and Debt	10 214 000	8 729 000	9 012 000	8 876 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,47 %	75,03 %	62,57 %	51 %
Debt-to-Equity Ratio	0,17	0,29	0,05	0
Operating Profit Margin	4,89 %	6,24 %	7,25 %	4,15 %
Current Ratio	1,32	1,45	1,29	1,32
Quick Ratio	1,54	1,71	1,47	1,53
Equity Ratio	0,24	0,28	0,27	0,27
Gross Profit Margin	67,3 %	56,49 %	69,84 %	58,7 %