SET ELEKTRO AS

3170 SEM

Finances

Return on Equity

65,11 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	267 254 000	190 191 000	168 694 000	127 228 000
Net Income	13 301 000	−1 148 000	1 309 000	139 000
Total Assets	79 107 000	54 599 000	49 344 000	46 493 000
Total Equity	20 427 000	7 126 000	8 274 000	6 965 000

Income (NOK)	2022	2021	2020	2019
Revenue	267 254 000	190 191 000	168 694 000	127 228 000
Expenditure	249 744 000	191 180 000	164 390 000	125 379 000
Operating Profit	17 510 000	−988 000	4 303 000	1 850 000
Financial Income	44 000	282 000	190 000	143 000
Financial Costs	498 000	765 000	2 803 000	1 556 000
Financial Balance	−454 000	−483 000	−2 613 000	−1 413 000
Earnings Before Tax	17 057 000	−1 471 000	1 690 000	436 000
Tax	3 756 000	−324 000	381 000	297 000
Net Income	13 301 000	−1 148 000	1 309 000	139 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 834 000	5 419 000	4 465 000	7 330 000
Total Current Assets	74 273 000	49 181 000	44 879 000	39 163 000
Total Assets	79 107 000	54 599 000	49 344 000	46 493 000
Total Retained Equity	20 227 000	6 926 000	8 074 000	6 765 000
Total Equity	20 427 000	7 126 000	8 274 000	6 965 000
Total Long-Term Debt	2 677 000	3 033 000	5 139 000	1 643 000
Total Current Debt	56 003 000	44 440 000	35 931 000	37 885 000
Total Equity and Debt	79 107 000	54 599 000	49 344 000	46 493 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	266 959 000	190 154 000	168 284 000	127 219 000
Other Income	295 000	38 000	410 000	10 000
Revenue	267 254 000	190 191 000	168 694 000	127 228 000
Cost of Goods Sold	141 053 000	104 773 000	81 112 000	54 436 000
Salary Costs	78 660 000	65 942 000	63 920 000	54 467 000
Depreciation	1 419 000	750 000	997 000	575 000
Impairment	0	0	0	0
Expenditure	249 744 000	191 180 000	164 390 000	125 379 000
Operating Profit	17 510 000	−988 000	4 303 000	1 850 000
Financial Income	44 000	282 000	190 000	143 000
Financial Costs	498 000	765 000	2 803 000	1 556 000
Financial Balance	−454 000	−483 000	−2 613 000	−1 413 000
Dividends	0	0	0	0
Net Income	13 301 000	−1 148 000	1 309 000	139 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	896 000	1 322 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 908 000	4 067 000	4 435 000	3 830 000
Total Tangible Assets	3 908 000	4 067 000	4 435 000	3 830 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	3 500 000
Total Fixed Assets	4 834 000	5 419 000	4 465 000	7 330 000
Stock	4 172 000	5 771 000	4 921 000	4 185 000
Total Investments	0	0	0	0
Cash, Bank	11 996 000	2 930 000	10 015 000	7 399 000
Total Current Assets	74 273 000	49 181 000	44 879 000	39 163 000
Total Assets	79 107 000	54 599 000	49 344 000	46 493 000
Total Equity	20 427 000	7 126 000	8 274 000	6 965 000
Short-Term Group Debt	0	0	0	853 000
Total Long-Term Debt	2 677 000	3 033 000	5 139 000	1 643 000
Creditors	28 562 000	21 898 000	13 624 000	12 031 000
Unpaid Taxes	9 991 000	9 576 000	8 352 000	7 525 000
Dividends	0	0	0	0
Other Current Debt	12 899 000	11 965 000	12 150 000	11 227 000
Total Current Debt	56 003 000	44 440 000	35 931 000	37 885 000
Total Equity and Debt	79 107 000	54 599 000	49 344 000	46 493 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,11 %	−16,11 %	15,82 %	2 %
Debt-to-Equity Ratio	0,13	0,43	0,62	0,24
Operating Profit Margin	6,55 %	−0,52 %	2,55 %	1,45 %
Current Ratio	1,33	1,11	1,25	1,03
Quick Ratio	1,43	1,27	1,45	1,16
Equity Ratio	0,26	0,13	0,17	0,15
Gross Profit Margin	47,22 %	44,91 %	51,92 %	57,21 %