NORGES ELEKTRO AS

3170 SEM

Finances

Share Ownership

Return on Equity

43,9 %

Current Ratio

1,18

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 362 000	31 814 000	24 761 000	32 841 000
Net Income	482 000	2 138 000	535 000	2 056 000
Total Assets	9 115 000	12 013 000	9 630 000	9 136 000
Total Equity	1 098 000	616 000	1 077 000	542 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 362 000	31 814 000	24 761 000	32 841 000
Expenditure	33 736 000	29 052 000	24 031 000	30 150 000
Operating Profit	627 000	2 761 000	729 000	2 690 000
Financial Income	19 000	43 000	48 000	31 000
Financial Costs	54 000	70 000	98 000	61 000
Financial Balance	−35 000	−27 000	−50 000	−30 000
Earnings Before Tax	592 000	2 734 000	678 000	2 660 000
Tax	110 000	596 000	143 000	604 000
Net Income	482 000	2 138 000	535 000	2 056 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	368 000	458 000	151 000	301 000
Total Current Assets	8 747 000	11 554 000	9 479 000	8 835 000
Total Assets	9 115 000	12 013 000	9 630 000	9 136 000
Total Retained Equity	990 000	508 000	969 000	434 000
Total Equity	1 098 000	616 000	1 077 000	542 000
Total Long-Term Debt	586 000	1 519 000	2 109 000	130 000
Total Current Debt	7 430 000	9 878 000	6 443 000	8 464 000
Total Equity and Debt	9 115 000	12 013 000	9 630 000	9 136 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 362 000	31 814 000	24 758 000	32 841 000
Other Income	0	0	3 000	0
Revenue	34 362 000	31 814 000	24 761 000	32 841 000
Cost of Goods Sold	14 879 000	11 658 000	8 018 000	11 841 000
Salary Costs	15 662 000	14 341 000	13 245 000	14 822 000
Depreciation	127 000	117 000	92 000	136 000
Impairment	0	0	0	0
Expenditure	33 736 000	29 052 000	24 031 000	30 150 000
Operating Profit	627 000	2 761 000	729 000	2 690 000
Financial Income	19 000	43 000	48 000	31 000
Financial Costs	54 000	70 000	98 000	61 000
Financial Balance	−35 000	−27 000	−50 000	−30 000
Dividends	0	1 700 000	0	1 953 000
Net Income	482 000	2 138 000	535 000	2 056 000

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	368 000	458 000	151 000	243 000
Total Tangible Assets	368 000	458 000	151 000	243 000
Total Fiancial Fixed Assets	0	0	0	58 000
Total Fixed Assets	368 000	458 000	151 000	301 000
Stock	1 624 000	1 946 000	1 364 000	995 000
Total Investments	0	0	0	0
Cash, Bank	3 871 000	6 693 000	5 909 000	4 934 000
Total Current Assets	8 747 000	11 554 000	9 479 000	8 835 000
Total Assets	9 115 000	12 013 000	9 630 000	9 136 000
Total Equity	1 098 000	616 000	1 077 000	542 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	586 000	1 519 000	2 109 000	130 000
Creditors	2 607 000	2 264 000	2 050 000	1 394 000
Unpaid Taxes	1 791 000	1 904 000	1 857 000	2 147 000
Dividends	0	1 700 000	0	1 953 000
Other Current Debt	2 923 000	5 114 000	2 393 000	2 367 000
Total Current Debt	7 430 000	9 878 000	6 443 000	8 464 000
Total Equity and Debt	9 115 000	12 013 000	9 630 000	9 136 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,9 %	347,08 %	49,68 %	379,34 %
Debt-to-Equity Ratio	0,53	2,47	1,96	0,24
Operating Profit Margin	1,82 %	8,68 %	2,94 %	8,19 %
Current Ratio	1,18	1,17	1,47	1,04
Quick Ratio	1,51	1,46	1,87	1,18
Equity Ratio	0,12	0,05	0,11	0,06
Gross Profit Margin	56,7 %	63,36 %	67,62 %	63,94 %