NOR-EL AS

9015 TROMSØ

Finances

Return on Equity

65,3 %

Current Ratio

1,61

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	54 934 000	45 334 000	35 232 000	35 753 000
Net Income	6 151 000	5 336 000	2 468 000	3 233 000
Total Assets	24 318 000	21 887 000	15 575 000	14 248 000
Total Equity	9 420 000	8 269 000	5 732 000	6 365 000

Income (NOK)	2022	2021	2020	2019
Revenue	54 934 000	45 334 000	35 232 000	35 753 000
Expenditure	47 170 000	38 500 000	32 074 000	31 653 000
Operating Profit	7 765 000	6 835 000	3 158 000	4 100 000
Financial Income	210 000	68 000	64 000	97 000
Financial Costs	91 000	55 000	66 000	57 000
Financial Balance	119 000	13 000	−2 000	40 000
Earnings Before Tax	7 884 000	6 847 000	3 157 000	4 141 000
Tax	1 733 000	1 511 000	689 000	908 000
Net Income	6 151 000	5 336 000	2 468 000	3 233 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 730 000	2 308 000	2 353 000	2 172 000
Total Current Assets	22 589 000	19 579 000	13 223 000	12 076 000
Total Assets	24 318 000	21 887 000	15 575 000	14 248 000
Total Retained Equity	8 689 000	7 538 000	5 051 000	5 709 000
Total Equity	9 420 000	8 269 000	5 732 000	6 365 000
Total Long-Term Debt	848 000	1 224 000	963 000	854 000
Total Current Debt	14 050 000	12 394 000	8 880 000	7 029 000
Total Equity and Debt	24 318 000	21 887 000	15 575 000	14 248 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	54 934 000	45 334 000	35 232 000	35 753 000
Other Income	0	0	0	0
Revenue	54 934 000	45 334 000	35 232 000	35 753 000
Cost of Goods Sold	20 782 000	15 446 000	12 468 000	12 854 000
Salary Costs	20 707 000	18 428 000	15 405 000	15 189 000
Depreciation	1 099 000	1 057 000	807 000	769 000
Impairment	0	0	0	0
Expenditure	47 170 000	38 500 000	32 074 000	31 653 000
Operating Profit	7 765 000	6 835 000	3 158 000	4 100 000
Financial Income	210 000	68 000	64 000	97 000
Financial Costs	91 000	55 000	66 000	57 000
Financial Balance	119 000	13 000	−2 000	40 000
Dividends	5 000 000	4 000 000	2 000 000	0
Net Income	6 151 000	5 336 000	2 468 000	3 233 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	340 000	850 000	1 360 000
Total Intangible Assets	174 000	499 000	879 000	1 360 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 469 000	1 502 000	1 065 000	417 000
Total Tangible Assets	1 469 000	1 502 000	1 065 000	417 000
Total Fiancial Fixed Assets	87 000	307 000	409 000	395 000
Total Fixed Assets	1 730 000	2 308 000	2 353 000	2 172 000
Stock	792 000	871 000	605 000	649 000
Total Investments	0	0	0	0
Cash, Bank	11 636 000	10 727 000	5 885 000	3 109 000
Total Current Assets	22 589 000	19 579 000	13 223 000	12 076 000
Total Assets	24 318 000	21 887 000	15 575 000	14 248 000
Total Equity	9 420 000	8 269 000	5 732 000	6 365 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	848 000	1 224 000	963 000	854 000
Creditors	1 853 000	1 860 000	2 505 000	1 710 000
Unpaid Taxes	2 732 000	2 613 000	1 751 000	2 201 000
Dividends	5 000 000	4 000 000	2 000 000	0
Other Current Debt	2 718 000	2 281 000	1 788 000	1 832 000
Total Current Debt	14 050 000	12 394 000	8 880 000	7 029 000
Total Equity and Debt	24 318 000	21 887 000	15 575 000	14 248 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,3 %	64,53 %	43,06 %	50,79 %
Debt-to-Equity Ratio	0,09	0,15	0,17	0,13
Operating Profit Margin	14,14 %	15,08 %	8,96 %	11,47 %
Current Ratio	1,61	1,58	1,49	1,72
Quick Ratio	1,7	1,7	1,6	1,89
Equity Ratio	0,39	0,38	0,37	0,45
Gross Profit Margin	62,17 %	65,93 %	64,61 %	64,05 %