ELEKTROKONTAKT AS

9300 FINNSNES

Finances

Return on Equity

−17,64 %

Current Ratio

3,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 727 000	18 999 000	12 666 000	21 522 000
Net Income	−1 203 000	588 000	512 000	1 534 000
Total Assets	9 125 000	14 764 000	11 442 000	14 246 000
Total Equity	6 821 000	8 024 000	8 935 000	8 423 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 727 000	18 999 000	12 666 000	21 522 000
Expenditure	13 854 000	18 100 000	11 975 000	19 645 000
Operating Profit	−1 128 000	899 000	691 000	1 878 000
Financial Income	23 000	3 000	2 000	32 000
Financial Costs	98 000	24 000	36 000	53 000
Financial Balance	−75 000	−21 000	−34 000	−21 000
Earnings Before Tax	−1 203 000	879 000	657 000	1 857 000
Tax	0	291 000	145 000	323 000
Net Income	−1 203 000	588 000	512 000	1 534 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	365 000	301 000	476 000	1 499 000
Total Current Assets	8 760 000	14 463 000	10 966 000	12 747 000
Total Assets	9 125 000	14 764 000	11 442 000	14 246 000
Total Retained Equity	6 220 000	7 423 000	8 335 000	7 823 000
Total Equity	6 821 000	8 024 000	8 935 000	8 423 000
Total Long-Term Debt	0	0	0	202 000
Total Current Debt	2 304 000	6 740 000	2 506 000	5 621 000
Total Equity and Debt	9 125 000	14 764 000	11 442 000	14 246 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 727 000	18 999 000	12 534 000	21 413 000
Other Income	0	0	133 000	109 000
Revenue	12 727 000	18 999 000	12 666 000	21 522 000
Cost of Goods Sold	5 882 000	10 895 000	4 288 000	10 389 000
Salary Costs	5 637 000	5 082 000	5 267 000	6 649 000
Depreciation	67 000	67 000	100 000	134 000
Impairment	0	0	0	229 000
Expenditure	13 854 000	18 100 000	11 975 000	19 645 000
Operating Profit	−1 128 000	899 000	691 000	1 878 000
Financial Income	23 000	3 000	2 000	32 000
Financial Costs	98 000	24 000	36 000	53 000
Financial Balance	−75 000	−21 000	−34 000	−21 000
Dividends	0	1 500 000	0	0
Net Income	−1 203 000	588 000	512 000	1 534 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	127 000	158 000
Real Eastate	0	0	0	963 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	177 000	114 000	161 000	190 000
Total Tangible Assets	177 000	114 000	161 000	1 153 000
Total Fiancial Fixed Assets	188 000	188 000	188 000	188 000
Total Fixed Assets	365 000	301 000	476 000	1 499 000
Stock	598 000	525 000	544 000	557 000
Total Investments	0	0	0	0
Cash, Bank	3 439 000	5 387 000	6 371 000	3 381 000
Total Current Assets	8 760 000	14 463 000	10 966 000	12 747 000
Total Assets	9 125 000	14 764 000	11 442 000	14 246 000
Total Equity	6 821 000	8 024 000	8 935 000	8 423 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	202 000
Creditors	852 000	4 176 000	900 000	3 448 000
Unpaid Taxes	699 000	1 645 000	727 000	653 000
Dividends	0	1 500 000	0	0
Other Current Debt	753 000	756 000	765 000	1 039 000
Total Current Debt	2 304 000	6 740 000	2 506 000	5 621 000
Total Equity and Debt	9 125 000	14 764 000	11 442 000	14 246 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,64 %	7,33 %	5,73 %	18,21 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	−8,86 %	4,73 %	5,46 %	8,73 %
Current Ratio	3,8	2,15	4,38	2,27
Quick Ratio	5,13	2,33	5,59	2,52
Equity Ratio	0,75	0,54	0,78	0,59
Gross Profit Margin	53,78 %	42,65 %	66,15 %	51,73 %