BERGEN ELEKTRO TEAM AS

5068 BERGEN

Finances

Return on Equity

31,5 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 838 000	37 717 000	26 640 000	23 241 000
Net Income	930 000	1 161 000	566 000	639 000
Total Assets	10 561 000	12 411 000	9 421 000	7 819 000
Total Equity	2 952 000	2 622 000	2 512 000	2 446 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 838 000	37 717 000	26 640 000	23 241 000
Expenditure	33 621 000	36 204 000	25 810 000	22 410 000
Operating Profit	1 217 000	1 513 000	830 000	832 000
Financial Income	9 000	9 000	7 000	5 000
Financial Costs	16 000	22 000	98 000	11 000
Financial Balance	−7 000	−13 000	−91 000	−6 000
Earnings Before Tax	1 209 000	1 500 000	740 000	826 000
Tax	279 000	339 000	174 000	187 000
Net Income	930 000	1 161 000	566 000	639 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	362 000	428 000	145 000	152 000
Total Current Assets	10 199 000	11 983 000	9 276 000	7 667 000
Total Assets	10 561 000	12 411 000	9 421 000	7 819 000
Total Retained Equity	2 868 000	2 538 000	2 418 000	2 352 000
Total Equity	2 952 000	2 622 000	2 512 000	2 446 000
Total Long-Term Debt	0	0	7 000	0
Total Current Debt	7 610 000	9 789 000	6 902 000	5 374 000
Total Equity and Debt	10 561 000	12 411 000	9 421 000	7 819 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 690 000	37 717 000	26 116 000	23 121 000
Other Income	147 000	0	524 000	120 000
Revenue	34 838 000	37 717 000	26 640 000	23 241 000
Cost of Goods Sold	14 517 000	17 609 000	11 194 000	8 227 000
Salary Costs	14 699 000	14 814 000	11 336 000	11 298 000
Depreciation	102 000	95 000	47 000	31 000
Impairment	0	0	0	0
Expenditure	33 621 000	36 204 000	25 810 000	22 410 000
Operating Profit	1 217 000	1 513 000	830 000	832 000
Financial Income	9 000	9 000	7 000	5 000
Financial Costs	16 000	22 000	98 000	11 000
Financial Balance	−7 000	−13 000	−91 000	−6 000
Dividends	600 000	800 000	500 000	0
Net Income	930 000	1 161 000	566 000	639 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	84 000	40 000	0	77 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	278 000	388 000	145 000	75 000
Total Tangible Assets	278 000	388 000	145 000	75 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	362 000	428 000	145 000	152 000
Stock	728 000	536 000	590 000	527 000
Total Investments	0	0	0	0
Cash, Bank	4 451 000	6 144 000	2 474 000	1 901 000
Total Current Assets	10 199 000	11 983 000	9 276 000	7 667 000
Total Assets	10 561 000	12 411 000	9 421 000	7 819 000
Total Equity	2 952 000	2 622 000	2 512 000	2 446 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	7 000	0
Creditors	2 329 000	3 729 000	2 661 000	1 829 000
Unpaid Taxes	2 272 000	2 727 000	1 884 000	1 403 000
Dividends	600 000	800 000	500 000	0
Other Current Debt	2 085 000	2 147 000	1 768 000	1 922 000
Total Current Debt	7 610 000	9 789 000	6 902 000	5 374 000
Total Equity and Debt	10 561 000	12 411 000	9 421 000	7 819 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,5 %	44,28 %	22,53 %	26,12 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,49 %	4,01 %	3,12 %	3,58 %
Current Ratio	1,34	1,22	1,34	1,43
Quick Ratio	1,48	1,3	1,47	1,58
Equity Ratio	0,28	0,21	0,27	0,31
Gross Profit Margin	58,33 %	53,31 %	57,98 %	64,6 %