SETESDAL ELEKTRO AS

4754 BYKLE

Finances

Return on Equity

−8,22 %

Current Ratio

2,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 020 000	4 558 000	4 113 000	4 622 000
Net Income	−111 000	150 000	−49 000	185 000
Total Assets	2 250 000	2 271 000	2 111 000	2 039 000
Total Equity	1 350 000	1 461 000	1 311 000	1 360 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 020 000	4 558 000	4 113 000	4 622 000
Expenditure	4 159 000	4 364 000	4 169 000	4 383 000
Operating Profit	−139 000	193 000	−63 000	238 000
Financial Income	5 000	5 000	6 000	6 000
Financial Costs	9 000	7 000	6 000	6 000
Financial Balance	−4 000	−2 000	0	0
Earnings Before Tax	−143 000	192 000	−63 000	237 000
Tax	−31 000	42 000	−14 000	52 000
Net Income	−111 000	150 000	−49 000	185 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	143 000	112 000	135 000	172 000
Total Current Assets	2 106 000	2 159 000	1 976 000	1 867 000
Total Assets	2 250 000	2 271 000	2 111 000	2 039 000
Total Retained Equity	1 250 000	1 361 000	1 211 000	1 260 000
Total Equity	1 350 000	1 461 000	1 311 000	1 360 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	900 000	810 000	800 000	679 000
Total Equity and Debt	2 250 000	2 271 000	2 111 000	2 039 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 020 000	4 658 000	4 013 000	4 522 000
Other Income	0	−100 000	100 000	100 000
Revenue	4 020 000	4 558 000	4 113 000	4 622 000
Cost of Goods Sold	1 545 000	1 743 000	1 579 000	1 659 000
Salary Costs	2 012 000	2 019 000	2 014 000	2 158 000
Depreciation	0	20 000	40 000	40 000
Impairment	0	0	0	0
Expenditure	4 159 000	4 364 000	4 169 000	4 383 000
Operating Profit	−139 000	193 000	−63 000	238 000
Financial Income	5 000	5 000	6 000	6 000
Financial Costs	9 000	7 000	6 000	6 000
Financial Balance	−4 000	−2 000	0	0
Dividends	0	0	0	0
Net Income	−111 000	150 000	−49 000	185 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	43 000	12 000	15 000	12 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	20 000	60 000
Total Tangible Assets	0	0	20 000	60 000
Total Fiancial Fixed Assets	100 000	100 000	100 000	100 000
Total Fixed Assets	143 000	112 000	135 000	172 000
Stock	365 000	418 000	374 000	382 000
Total Investments	0	0	0	0
Cash, Bank	194 000	447 000	529 000	196 000
Total Current Assets	2 106 000	2 159 000	1 976 000	1 867 000
Total Assets	2 250 000	2 271 000	2 111 000	2 039 000
Total Equity	1 350 000	1 461 000	1 311 000	1 360 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	153 000	215 000	217 000	155 000
Unpaid Taxes	378 000	328 000	343 000	285 000
Dividends	0	0	0	0
Other Current Debt	368 000	228 000	239 000	223 000
Total Current Debt	900 000	810 000	800 000	679 000
Total Equity and Debt	2 250 000	2 271 000	2 111 000	2 039 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,22 %	10,27 %	−3,74 %	13,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,46 %	4,23 %	−1,53 %	5,15 %
Current Ratio	2,34	2,67	2,47	2,75
Quick Ratio	3,94	5,51	4,64	6,29
Equity Ratio	0,6	0,64	0,62	0,67
Gross Profit Margin	61,57 %	61,76 %	61,61 %	64,11 %