TRØNDERELEMENT AS

7770 FLATANGER

Finances

Share Ownership

Return on Equity

11,22 %

Current Ratio

1,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 229 000	12 129 000	16 801 000	15 632 000
Net Income	330 000	−777 000	59 000	35 000
Total Assets	6 546 000	6 660 000	5 840 000	8 722 000
Total Equity	2 941 000	2 610 000	3 387 000	3 328 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 229 000	12 129 000	16 801 000	15 632 000
Expenditure	9 804 000	13 107 000	16 694 000	15 538 000
Operating Profit	425 000	−978 000	106 000	94 000
Financial Income	0	0	0	1 000
Financial Costs	2 000	14 000	26 000	49 000
Financial Balance	−2 000	−14 000	−26 000	−48 000
Earnings Before Tax	423 000	−992 000	81 000	46 000
Tax	93 000	−215 000	21 000	11 000
Net Income	330 000	−777 000	59 000	35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	475 000	688 000	651 000	487 000
Total Current Assets	6 071 000	5 973 000	5 189 000	8 234 000
Total Assets	6 546 000	6 660 000	5 840 000	8 722 000
Total Retained Equity	2 787 000	2 457 000	3 234 000	3 174 000
Total Equity	2 941 000	2 610 000	3 387 000	3 328 000
Total Long-Term Debt	0	14 000	51 000	130 000
Total Current Debt	3 605 000	4 036 000	2 401 000	5 264 000
Total Equity and Debt	6 546 000	6 660 000	5 840 000	8 722 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 253 000	11 502 000	16 650 000	16 900 000
Other Income	−24 000	627 000	151 000	−1 268 000
Revenue	10 229 000	12 129 000	16 801 000	15 632 000
Cost of Goods Sold	4 027 000	6 679 000	9 873 000	7 439 000
Salary Costs	4 102 000	4 525 000	4 597 000	5 132 000
Depreciation	94 000	154 000	181 000	211 000
Impairment	0	0	0	0
Expenditure	9 804 000	13 107 000	16 694 000	15 538 000
Operating Profit	425 000	−978 000	106 000	94 000
Financial Income	0	0	0	1 000
Financial Costs	2 000	14 000	26 000	49 000
Financial Balance	−2 000	−14 000	−26 000	−48 000
Dividends	0	0	0	0
Net Income	330 000	−777 000	59 000	35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	177 000	270 000	55 000	76 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	151 000	179 000	213 000	169 000
Fixtures	20 000	62 000	156 000	214 000
Total Tangible Assets	171 000	241 000	369 000	383 000
Total Fiancial Fixed Assets	127 000	177 000	226 000	28 000
Total Fixed Assets	475 000	688 000	651 000	487 000
Stock	1 128 000	1 021 000	599 000	549 000
Total Investments	0	0	0	0
Cash, Bank	989 000	554 000	891 000	227 000
Total Current Assets	6 071 000	5 973 000	5 189 000	8 234 000
Total Assets	6 546 000	6 660 000	5 840 000	8 722 000
Total Equity	2 941 000	2 610 000	3 387 000	3 328 000
Short-Term Group Debt	1 345 000	1 500 000	0	644 000
Total Long-Term Debt	0	14 000	51 000	130 000
Creditors	631 000	1 018 000	1 314 000	2 324 000
Unpaid Taxes	619 000	420 000	35 000	965 000
Dividends	0	0	0	0
Other Current Debt	1 010 000	1 098 000	1 052 000	1 332 000
Total Current Debt	3 605 000	4 036 000	2 401 000	5 264 000
Total Equity and Debt	6 546 000	6 660 000	5 840 000	8 722 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,22 %	−29,77 %	1,74 %	1,05 %
Debt-to-Equity Ratio	0	0,01	0,02	0,04
Operating Profit Margin	4,15 %	−8,06 %	0,63 %	0,6 %
Current Ratio	1,68	1,48	2,16	1,56
Quick Ratio	2,45	1,98	2,88	1,75
Equity Ratio	0,45	0,39	0,58	0,38
Gross Profit Margin	60,63 %	44,93 %	41,24 %	52,41 %