ØISTAD ELEKTRO AS

2750 GRAN

Finances

Return on Equity

6,2 %

Current Ratio

2,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 011 000	20 346 000	15 557 000	15 877 000
Net Income	751 000	929 000	1 129 000	549 000
Total Assets	18 133 000	19 301 000	17 383 000	16 645 000
Total Equity	12 107 000	11 856 000	12 027 000	11 898 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 011 000	20 346 000	15 557 000	15 877 000
Expenditure	16 025 000	19 130 000	14 052 000	15 198 000
Operating Profit	985 000	1 216 000	1 505 000	679 000
Financial Income	27 000	4 000	21 000	48 000
Financial Costs	33 000	34 000	29 000	29 000
Financial Balance	−6 000	−30 000	−8 000	19 000
Earnings Before Tax	979 000	1 185 000	1 497 000	699 000
Tax	228 000	257 000	368 000	150 000
Net Income	751 000	929 000	1 129 000	549 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	767 000	593 000	768 000	857 000
Total Current Assets	17 366 000	18 708 000	16 615 000	15 788 000
Total Assets	18 133 000	19 301 000	17 383 000	16 645 000
Total Retained Equity	11 497 000	11 246 000	11 417 000	11 288 000
Total Equity	12 107 000	11 856 000	12 027 000	11 898 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 026 000	7 445 000	5 356 000	4 747 000
Total Equity and Debt	18 133 000	19 301 000	17 383 000	16 645 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 986 000	20 346 000	15 532 000	15 877 000
Other Income	25 000	0	25 000	0
Revenue	17 011 000	20 346 000	15 557 000	15 877 000
Cost of Goods Sold	6 619 000	9 370 000	5 629 000	6 658 000
Salary Costs	7 260 000	7 348 000	6 333 000	6 451 000
Depreciation	176 000	429 000	342 000	303 000
Impairment	0	0	0	0
Expenditure	16 025 000	19 130 000	14 052 000	15 198 000
Operating Profit	985 000	1 216 000	1 505 000	679 000
Financial Income	27 000	4 000	21 000	48 000
Financial Costs	33 000	34 000	29 000	29 000
Financial Balance	−6 000	−30 000	−8 000	19 000
Dividends	500 000	1 100 000	1 000 000	500 000
Net Income	751 000	929 000	1 129 000	549 000

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	761 000	587 000	762 000	851 000
Total Tangible Assets	761 000	587 000	762 000	851 000
Total Fiancial Fixed Assets	6 000	6 000	6 000	6 000
Total Fixed Assets	767 000	593 000	768 000	857 000
Stock	3 278 000	2 614 000	2 534 000	2 103 000
Total Investments	0	0	0	0
Cash, Bank	7 512 000	5 941 000	4 696 000	6 697 000
Total Current Assets	17 366 000	18 708 000	16 615 000	15 788 000
Total Assets	18 133 000	19 301 000	17 383 000	16 645 000
Total Equity	12 107 000	11 856 000	12 027 000	11 898 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 124 000	2 710 000	995 000	605 000
Unpaid Taxes	2 009 000	2 873 000	2 034 000	2 123 000
Dividends	500 000	1 100 000	1 000 000	500 000
Other Current Debt	1 665 000	1 606 000	1 959 000	1 869 000
Total Current Debt	6 026 000	7 445 000	5 356 000	4 747 000
Total Equity and Debt	18 133 000	19 301 000	17 383 000	16 645 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,2 %	7,84 %	9,39 %	4,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,79 %	5,98 %	9,67 %	4,28 %
Current Ratio	2,88	2,51	3,1	3,33
Quick Ratio	6,32	3,87	5,89	5,97
Equity Ratio	0,67	0,61	0,69	0,71
Gross Profit Margin	61,09 %	53,95 %	63,82 %	58,07 %