ELEKTRIKERTJENESTEN SARPSBORG-FREDRIKSTAD AS

1618 FREDRIKSTAD

Finances

Return on Equity

57,16 %

Current Ratio

1,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 776 000	24 017 000	19 517 000	20 324 000
Net Income	2 799 000	2 663 000	2 010 000	2 398 000
Total Assets	12 040 000	12 501 000	9 659 000	10 197 000
Total Equity	4 897 000	4 598 000	4 236 000	5 626 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 776 000	24 017 000	19 517 000	20 324 000
Expenditure	22 202 000	20 606 000	16 952 000	17 272 000
Operating Profit	3 574 000	3 411 000	2 564 000	3 051 000
Financial Income	19 000	7 000	16 000	23 000
Financial Costs	3 000	3 000	5 000	2 000
Financial Balance	16 000	4 000	11 000	21 000
Earnings Before Tax	3 590 000	3 416 000	2 576 000	3 073 000
Tax	790 000	753 000	566 000	675 000
Net Income	2 799 000	2 663 000	2 010 000	2 398 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	261 000	223 000	187 000	131 000
Total Current Assets	11 779 000	12 278 000	9 472 000	10 067 000
Total Assets	12 040 000	12 501 000	9 659 000	10 197 000
Total Retained Equity	4 367 000	4 068 000	3 706 000	5 096 000
Total Equity	4 897 000	4 598 000	4 236 000	5 626 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 142 000	7 903 000	5 424 000	4 571 000
Total Equity and Debt	12 040 000	12 501 000	9 659 000	10 197 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 762 000	24 011 000	19 078 000	20 755 000
Other Income	14 000	7 000	438 000	−431 000
Revenue	25 776 000	24 017 000	19 517 000	20 324 000
Cost of Goods Sold	8 893 000	9 170 000	5 984 000	5 863 000
Salary Costs	10 473 000	9 179 000	8 666 000	9 154 000
Depreciation	71 000	51 000	49 000	35 000
Impairment	0	0	0	0
Expenditure	22 202 000	20 606 000	16 952 000	17 272 000
Operating Profit	3 574 000	3 411 000	2 564 000	3 051 000
Financial Income	19 000	7 000	16 000	23 000
Financial Costs	3 000	3 000	5 000	2 000
Financial Balance	16 000	4 000	11 000	21 000
Dividends	2 500 000	2 300 000	3 400 000	0
Net Income	2 799 000	2 663 000	2 010 000	2 398 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	21 000	5 000	9 000	51 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	215 000	192 000	153 000	54 000
Total Tangible Assets	215 000	192 000	153 000	54 000
Total Fiancial Fixed Assets	26 000	26 000	26 000	26 000
Total Fixed Assets	261 000	223 000	187 000	131 000
Stock	1 770 000	1 618 000	1 667 000	1 451 000
Total Investments	0	0	0	0
Cash, Bank	5 502 000	6 615 000	4 508 000	4 076 000
Total Current Assets	11 779 000	12 278 000	9 472 000	10 067 000
Total Assets	12 040 000	12 501 000	9 659 000	10 197 000
Total Equity	4 897 000	4 598 000	4 236 000	5 626 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	914 000	1 817 000	561 000	658 000
Unpaid Taxes	1 186 000	1 388 000	1 138 000	1 257 000
Dividends	2 500 000	2 300 000	3 400 000	0
Other Current Debt	1 736 000	1 648 000	1 502 000	1 945 000
Total Current Debt	7 142 000	7 903 000	5 424 000	4 571 000
Total Equity and Debt	12 040 000	12 501 000	9 659 000	10 197 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,16 %	57,92 %	47,45 %	42,62 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,87 %	14,2 %	13,14 %	15,01 %
Current Ratio	1,65	1,55	1,75	2,2
Quick Ratio	2,19	1,95	2,52	3,23
Equity Ratio	0,41	0,37	0,44	0,55
Gross Profit Margin	65,5 %	61,82 %	69,34 %	71,15 %