ELCOM AS

7900 RØRVIK

Finances

Return on Equity

33,6 %

Current Ratio

1,79

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	69 889 000	90 826 000	64 867 000	70 527 000
Net Income	3 874 000	6 255 000	4 255 000	1 818 000
Total Assets	29 225 000	30 156 000	31 366 000	24 058 000
Total Equity	11 529 000	12 655 000	9 080 000	11 125 000

Income (NOK)	2022	2021	2020	2019
Revenue	69 889 000	90 826 000	64 867 000	70 527 000
Expenditure	64 825 000	82 705 000	59 292 000	68 012 000
Operating Profit	5 064 000	8 121 000	5 576 000	2 514 000
Financial Income	54 000	39 000	81 000	69 000
Financial Costs	151 000	147 000	212 000	234 000
Financial Balance	−97 000	−108 000	−131 000	−165 000
Earnings Before Tax	4 966 000	8 012 000	5 444 000	2 349 000
Tax	1 093 000	1 757 000	1 189 000	532 000
Net Income	3 874 000	6 255 000	4 255 000	1 818 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 532 000	4 414 000	5 861 000	4 644 000
Total Current Assets	26 694 000	25 742 000	25 505 000	19 414 000
Total Assets	29 225 000	30 156 000	31 366 000	24 058 000
Total Retained Equity	11 429 000	12 555 000	8 980 000	11 025 000
Total Equity	11 529 000	12 655 000	9 080 000	11 125 000
Total Long-Term Debt	2 821 000	3 468 000	4 687 000	3 748 000
Total Current Debt	14 875 000	14 033 000	17 599 000	9 185 000
Total Equity and Debt	29 225 000	30 156 000	31 366 000	24 058 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	69 889 000	90 802 000	64 723 000	70 383 000
Other Income	0	24 000	144 000	144 000
Revenue	69 889 000	90 826 000	64 867 000	70 527 000
Cost of Goods Sold	28 489 000	44 479 000	27 536 000	33 917 000
Salary Costs	27 743 000	29 433 000	24 963 000	26 586 000
Depreciation	792 000	808 000	610 000	757 000
Impairment	0	0	0	0
Expenditure	64 825 000	82 705 000	59 292 000	68 012 000
Operating Profit	5 064 000	8 121 000	5 576 000	2 514 000
Financial Income	54 000	39 000	81 000	69 000
Financial Costs	151 000	147 000	212 000	234 000
Financial Balance	−97 000	−108 000	−131 000	−165 000
Dividends	0	0	0	0
Net Income	3 874 000	6 255 000	4 255 000	1 818 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	260 000	260 000	260 000	260 000
Real Eastate	0	0	2 106 000	2 106 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 932 000	2 136 000	1 572 000	1 385 000
Total Tangible Assets	1 932 000	2 136 000	3 678 000	3 491 000
Total Fiancial Fixed Assets	340 000	2 018 000	1 923 000	893 000
Total Fixed Assets	2 532 000	4 414 000	5 861 000	4 644 000
Stock	6 130 000	5 296 000	4 085 000	4 043 000
Total Investments	0	0	0	0
Cash, Bank	7 569 000	8 959 000	3 756 000	4 735 000
Total Current Assets	26 694 000	25 742 000	25 505 000	19 414 000
Total Assets	29 225 000	30 156 000	31 366 000	24 058 000
Total Equity	11 529 000	12 655 000	9 080 000	11 125 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 821 000	3 468 000	4 687 000	3 748 000
Creditors	4 441 000	2 095 000	4 776 000	1 792 000
Unpaid Taxes	4 665 000	4 328 000	4 890 000	3 557 000
Dividends	0	0	0	0
Other Current Debt	4 283 000	4 887 000	4 926 000	3 837 000
Total Current Debt	14 875 000	14 033 000	17 599 000	9 185 000
Total Equity and Debt	29 225 000	30 156 000	31 366 000	24 058 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,6 %	49,43 %	46,86 %	16,34 %
Debt-to-Equity Ratio	0,24	0,27	0,52	0,34
Operating Profit Margin	7,25 %	8,94 %	8,6 %	3,56 %
Current Ratio	1,79	1,83	1,45	2,11
Quick Ratio	3,05	2,95	1,89	3,78
Equity Ratio	0,39	0,42	0,29	0,46
Gross Profit Margin	59,24 %	51,03 %	57,55 %	51,91 %