MEMO ELEKTRO AS

1461 LØRENSKOG

Finances

Share Ownership

Return on Equity

48,89 %

Current Ratio

1,86

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	91 556 000	99 494 000	78 374 000	76 838 000
Net Income	7 285 000	7 240 000	6 100 000	5 969 000
Total Assets	33 826 000	35 246 000	29 410 000	28 982 000
Total Equity	14 900 000	7 616 000	8 276 000	8 276 000

Income (NOK)	2022	2021	2020	2019
Revenue	91 556 000	99 494 000	78 374 000	76 838 000
Expenditure	82 255 000	90 166 000	70 486 000	69 130 000
Operating Profit	9 302 000	9 328 000	7 888 000	7 709 000
Financial Income	124 000	3 000	9 000	14 000
Financial Costs	59 000	32 000	33 000	35 000
Financial Balance	65 000	−29 000	−24 000	−21 000
Earnings Before Tax	9 367 000	9 299 000	7 864 000	7 688 000
Tax	2 082 000	2 059 000	1 764 000	1 719 000
Net Income	7 285 000	7 240 000	6 100 000	5 969 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 081 000	1 055 000	842 000	822 000
Total Current Assets	32 746 000	34 191 000	28 567 000	28 160 000
Total Assets	33 826 000	35 246 000	29 410 000	28 982 000
Total Retained Equity	14 600 000	7 316 000	7 976 000	7 976 000
Total Equity	14 900 000	7 616 000	8 276 000	8 276 000
Total Long-Term Debt	1 287 000	575 000	0	0
Total Current Debt	17 639 000	27 055 000	21 134 000	20 706 000
Total Equity and Debt	33 826 000	35 246 000	29 410 000	28 982 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	91 541 000	99 494 000	78 374 000	76 828 000
Other Income	15 000	0	0	11 000
Revenue	91 556 000	99 494 000	78 374 000	76 838 000
Cost of Goods Sold	54 244 000	62 920 000	45 619 000	44 688 000
Salary Costs	19 742 000	19 465 000	17 837 000	17 755 000
Depreciation	298 000	231 000	196 000	151 000
Impairment	0	0	0	0
Expenditure	82 255 000	90 166 000	70 486 000	69 130 000
Operating Profit	9 302 000	9 328 000	7 888 000	7 709 000
Financial Income	124 000	3 000	9 000	14 000
Financial Costs	59 000	32 000	33 000	35 000
Financial Balance	65 000	−29 000	−24 000	−21 000
Dividends	0	0	6 100 000	5 969 000
Net Income	7 285 000	7 240 000	6 100 000	5 969 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	32 000	33 000	11 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	856 000	0	0	0
Fixtures	175 000	870 000	495 000	574 000
Total Tangible Assets	1 032 000	870 000	495 000	574 000
Total Fiancial Fixed Assets	49 000	153 000	314 000	237 000
Total Fixed Assets	1 081 000	1 055 000	842 000	822 000
Stock	174 000	153 000	114 000	99 000
Total Investments	0	0	0	0
Cash, Bank	11 926 000	11 908 000	10 566 000	10 871 000
Total Current Assets	32 746 000	34 191 000	28 567 000	28 160 000
Total Assets	33 826 000	35 246 000	29 410 000	28 982 000
Total Equity	14 900 000	7 616 000	8 276 000	8 276 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 287 000	575 000	0	0
Creditors	7 733 000	6 986 000	4 144 000	4 776 000
Unpaid Taxes	2 617 000	3 001 000	3 744 000	3 177 000
Dividends	0	0	6 100 000	5 969 000
Other Current Debt	6 052 000	15 010 000	11 460 000	11 045 000
Total Current Debt	17 639 000	27 055 000	21 134 000	20 706 000
Total Equity and Debt	33 826 000	35 246 000	29 410 000	28 982 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,89 %	95,06 %	73,71 %	72,12 %
Debt-to-Equity Ratio	0,09	0,08	0	0
Operating Profit Margin	10,16 %	9,38 %	10,06 %	10,03 %
Current Ratio	1,86	1,26	1,35	1,36
Quick Ratio	1,87	1,27	1,36	1,37
Equity Ratio	0,44	0,22	0,28	0,29
Gross Profit Margin	40,75 %	36,76 %	41,79 %	41,84 %