T & G ELEKTRO AS

1363 HØVIK

Finances

Return on Equity

−1,74 %

Current Ratio

1,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	190 068 000	179 405 000	168 514 000	151 054 000
Net Income	−1 008 000	4 434 000	7 510 000	1 887 000
Total Assets	119 093 000	103 053 000	94 510 000	92 042 000
Total Equity	57 915 000	58 923 000	58 488 000	54 978 000

Income (NOK)	2022	2021	2020	2019
Revenue	190 068 000	179 405 000	168 514 000	151 054 000
Expenditure	191 084 000	172 664 000	161 160 000	148 296 000
Operating Profit	−1 017 000	6 741 000	7 354 000	2 758 000
Financial Income	3 771 000	3 279 000	6 071 000	1 858 000
Financial Costs	4 050 000	4 402 000	3 813 000	2 127 000
Financial Balance	−279 000	−1 123 000	2 258 000	−269 000
Earnings Before Tax	−1 296 000	5 617 000	9 613 000	2 490 000
Tax	−288 000	1 183 000	2 102 000	602 000
Net Income	−1 008 000	4 434 000	7 510 000	1 887 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 980 000	8 864 000	10 159 000	10 454 000
Total Current Assets	111 113 000	94 189 000	84 352 000	81 588 000
Total Assets	119 093 000	103 053 000	94 510 000	92 042 000
Total Retained Equity	57 685 000	58 693 000	58 258 000	54 748 000
Total Equity	57 915 000	58 923 000	58 488 000	54 978 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	61 178 000	44 130 000	36 022 000	37 064 000
Total Equity and Debt	119 093 000	103 053 000	94 510 000	92 042 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	189 506 000	176 011 000	168 305 000	151 002 000
Other Income	562 000	3 394 000	210 000	52 000
Revenue	190 068 000	179 405 000	168 514 000	151 054 000
Cost of Goods Sold	127 129 000	110 529 000	103 542 000	95 762 000
Salary Costs	49 062 000	48 311 000	43 705 000	39 334 000
Depreciation	1 703 000	1 463 000	1 675 000	1 888 000
Impairment	0	0	0	0
Expenditure	191 084 000	172 664 000	161 160 000	148 296 000
Operating Profit	−1 017 000	6 741 000	7 354 000	2 758 000
Financial Income	3 771 000	3 279 000	6 071 000	1 858 000
Financial Costs	4 050 000	4 402 000	3 813 000	2 127 000
Financial Balance	−279 000	−1 123 000	2 258 000	−269 000
Dividends	0	4 000 000	4 000 000	2 000 000
Net Income	−1 008 000	4 434 000	7 510 000	1 887 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 024 000	4 268 000	5 024 000	5 598 000
Real Eastate	1 500 000	2 321 000	2 002 000	707 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	333 000	1 151 000	2 010 000	3 026 000
Total Tangible Assets	1 833 000	3 472 000	4 012 000	3 733 000
Total Fiancial Fixed Assets	1 123 000	1 123 000	1 123 000	1 123 000
Total Fixed Assets	7 980 000	8 864 000	10 159 000	10 454 000
Stock	58 379 000	45 705 000	43 957 000	40 394 000
Total Investments	0	0	0	0
Cash, Bank	5 811 000	13 921 000	8 738 000	4 547 000
Total Current Assets	111 113 000	94 189 000	84 352 000	81 588 000
Total Assets	119 093 000	103 053 000	94 510 000	92 042 000
Total Equity	57 915 000	58 923 000	58 488 000	54 978 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	28 324 000	14 235 000	9 164 000	17 564 000
Unpaid Taxes	8 336 000	9 251 000	8 451 000	8 118 000
Dividends	0	4 000 000	4 000 000	2 000 000
Other Current Debt	24 103 000	20 475 000	17 001 000	11 382 000
Total Current Debt	61 178 000	44 130 000	36 022 000	37 064 000
Total Equity and Debt	119 093 000	103 053 000	94 510 000	92 042 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,74 %	7,53 %	12,84 %	3,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,54 %	3,76 %	4,36 %	1,83 %
Current Ratio	1,82	2,13	2,34	2,2
Quick Ratio	39,7	−59,8	−10,63	−24,5
Equity Ratio	0,49	0,57	0,62	0,6
Gross Profit Margin	33,11 %	38,39 %	38,56 %	36,6 %