EL WETT AS

1353 BÆRUMS VERK

Finances

Share Ownership

Return on Equity

733,33 %

Current Ratio

0,87

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 601 000	2 262 000	2 531 000	1 877 000
Net Income	−176 000	−80 000	196 000	−19 000
Total Assets	370 000	623 000	1 011 000	622 000
Total Equity	−24 000	152 000	231 000	211 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 601 000	2 262 000	2 531 000	1 877 000
Expenditure	1 777 000	2 343 000	2 301 000	1 897 000
Operating Profit	−176 000	−82 000	230 000	−19 000
Financial Income	0	0	3 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	3 000	0
Earnings Before Tax	−176 000	−81 000	234 000	−19 000
Tax	0	−1 000	38 000	0
Net Income	−176 000	−80 000	196 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 000	32 000	40 000	50 000
Total Current Assets	344 000	591 000	971 000	572 000
Total Assets	370 000	623 000	1 011 000	622 000
Total Retained Equity	−128 000	48 000	127 000	107 000
Total Equity	−24 000	152 000	231 000	211 000
Total Long-Term Debt	0	0	1 000	0
Total Current Debt	394 000	471 000	778 000	412 000
Total Equity and Debt	370 000	623 000	1 011 000	622 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 601 000	2 262 000	2 531 000	1 877 000
Other Income	0	0	0	0
Revenue	1 601 000	2 262 000	2 531 000	1 877 000
Cost of Goods Sold	436 000	975 000	953 000	667 000
Salary Costs	1 156 000	1 169 000	1 194 000	1 058 000
Depreciation	6 000	8 000	10 000	13 000
Impairment	0	0	0	0
Expenditure	1 777 000	2 343 000	2 301 000	1 897 000
Operating Profit	−176 000	−82 000	230 000	−19 000
Financial Income	0	0	3 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	3 000	0
Dividends	0	0	175 000	0
Net Income	−176 000	−80 000	196 000	−19 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	26 000	32 000	40 000	50 000
Total Tangible Assets	26 000	32 000	40 000	50 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	26 000	32 000	40 000	50 000
Stock	25 000	25 000	25 000	25 000
Total Investments	0	0	0	0
Cash, Bank	201 000	300 000	734 000	394 000
Total Current Assets	344 000	591 000	971 000	572 000
Total Assets	370 000	623 000	1 011 000	622 000
Total Equity	−24 000	152 000	231 000	211 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	0
Creditors	134 000	169 000	244 000	147 000
Unpaid Taxes	137 000	177 000	194 000	153 000
Dividends	0	0	175 000	0
Other Current Debt	124 000	125 000	128 000	111 000
Total Current Debt	394 000	471 000	778 000	412 000
Total Equity and Debt	370 000	623 000	1 011 000	622 000

Financial indicators	2022	2021	2020	2019
Return on Equity	733,33 %	−52,63 %	84,85 %	−9 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−10,99 %	−3,63 %	9,09 %	−1,01 %
Current Ratio	0,87	1,25	1,25	1,39
Quick Ratio	0,93	1,33	1,29	1,48
Equity Ratio	−0,06	0,24	0,23	0,34
Gross Profit Margin	72,77 %	56,9 %	62,35 %	64,46 %