ELEKTRO TT AS

3268 LARVIK

Finances

Share Ownership

Return on Equity

130,69 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 745 000	17 685 000	16 975 000	14 869 000
Net Income	2 853 000	2 040 000	2 109 000	1 895 000
Total Assets	8 115 000	7 489 000	7 917 000	7 660 000
Total Equity	2 183 000	2 300 000	2 538 000	2 578 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 745 000	17 685 000	16 975 000	14 869 000
Expenditure	16 063 000	15 039 000	14 232 000	12 402 000
Operating Profit	3 682 000	2 646 000	2 743 000	2 467 000
Financial Income	0	0	1 000	2 000
Financial Costs	16 000	21 000	31 000	33 000
Financial Balance	−16 000	−21 000	−30 000	−31 000
Earnings Before Tax	3 667 000	2 625 000	2 713 000	2 435 000
Tax	813 000	586 000	603 000	540 000
Net Income	2 853 000	2 040 000	2 109 000	1 895 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	336 000	690 000	1 164 000	1 171 000
Total Current Assets	7 778 000	6 799 000	6 753 000	6 489 000
Total Assets	8 115 000	7 489 000	7 917 000	7 660 000
Total Retained Equity	2 077 000	2 194 000	2 432 000	2 472 000
Total Equity	2 183 000	2 300 000	2 538 000	2 578 000
Total Long-Term Debt	0	282 000	571 000	834 000
Total Current Debt	5 932 000	4 907 000	4 809 000	4 248 000
Total Equity and Debt	8 115 000	7 489 000	7 917 000	7 660 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 745 000	17 680 000	16 964 000	14 796 000
Other Income	0	6 000	11 000	73 000
Revenue	19 745 000	17 685 000	16 975 000	14 869 000
Cost of Goods Sold	7 961 000	7 023 000	6 711 000	5 293 000
Salary Costs	5 685 000	5 933 000	5 521 000	5 156 000
Depreciation	398 000	505 000	452 000	420 000
Impairment	0	0	0	0
Expenditure	16 063 000	15 039 000	14 232 000	12 402 000
Operating Profit	3 682 000	2 646 000	2 743 000	2 467 000
Financial Income	0	0	1 000	2 000
Financial Costs	16 000	21 000	31 000	33 000
Financial Balance	−16 000	−21 000	−30 000	−31 000
Dividends	0	0	0	0
Net Income	2 853 000	2 040 000	2 109 000	1 895 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	55 000	31 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	281 000	659 000	1 164 000	1 171 000
Total Tangible Assets	281 000	659 000	1 164 000	1 171 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	336 000	690 000	1 164 000	1 171 000
Stock	517 000	544 000	349 000	375 000
Total Investments	0	0	0	0
Cash, Bank	2 254 000	2 383 000	3 411 000	2 819 000
Total Current Assets	7 778 000	6 799 000	6 753 000	6 489 000
Total Assets	8 115 000	7 489 000	7 917 000	7 660 000
Total Equity	2 183 000	2 300 000	2 538 000	2 578 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	282 000	571 000	834 000
Creditors	585 000	210 000	438 000	323 000
Unpaid Taxes	1 078 000	1 221 000	1 095 000	932 000
Dividends	0	0	0	0
Other Current Debt	4 269 000	3 476 000	3 276 000	2 993 000
Total Current Debt	5 932 000	4 907 000	4 809 000	4 248 000
Total Equity and Debt	8 115 000	7 489 000	7 917 000	7 660 000

Financial indicators	2022	2021	2020	2019
Return on Equity	130,69 %	88,7 %	83,1 %	73,51 %
Debt-to-Equity Ratio	0	0,12	0,22	0,32
Operating Profit Margin	18,65 %	14,96 %	16,16 %	16,59 %
Current Ratio	1,31	1,39	1,4	1,53
Quick Ratio	1,44	1,56	1,51	1,68
Equity Ratio	0,27	0,31	0,32	0,34
Gross Profit Margin	59,68 %	60,29 %	60,47 %	64,4 %