ELEKTROTEAM HEMSEDAL AS

3560 HEMSEDAL

Finances

Return on Equity

44,18 %

Current Ratio

1,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 302 000	31 153 000	25 799 000	25 831 000
Net Income	3 598 000	3 974 000	3 880 000	5 291 000
Total Assets	20 021 000	16 778 000	15 864 000	16 540 000
Total Equity	8 144 000	6 146 000	5 772 000	5 492 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 302 000	31 153 000	25 799 000	25 831 000
Expenditure	40 685 000	26 041 000	20 827 000	19 141 000
Operating Profit	4 618 000	5 112 000	4 971 000	6 691 000
Financial Income	13 000	4 000	22 000	25 000
Financial Costs	5 000	14 000	19 000	14 000
Financial Balance	8 000	−10 000	3 000	11 000
Earnings Before Tax	4 626 000	5 102 000	4 975 000	6 703 000
Tax	1 028 000	1 128 000	1 095 000	1 412 000
Net Income	3 598 000	3 974 000	3 880 000	5 291 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	459 000	667 000	596 000	1 249 000
Total Current Assets	19 562 000	16 111 000	15 268 000	15 291 000
Total Assets	20 021 000	16 778 000	15 864 000	16 540 000
Total Retained Equity	7 644 000	5 646 000	5 272 000	4 992 000
Total Equity	8 144 000	6 146 000	5 772 000	5 492 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 876 000	10 631 000	10 092 000	11 048 000
Total Equity and Debt	20 021 000	16 778 000	15 864 000	16 540 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 279 000	31 131 000	25 746 000	25 807 000
Other Income	23 000	22 000	53 000	24 000
Revenue	45 302 000	31 153 000	25 799 000	25 831 000
Cost of Goods Sold	29 285 000	15 412 000	9 941 000	9 441 000
Salary Costs	8 796 000	8 641 000	9 226 000	7 931 000
Depreciation	208 000	235 000	172 000	152 000
Impairment	0	0	0	0
Expenditure	40 685 000	26 041 000	20 827 000	19 141 000
Operating Profit	4 618 000	5 112 000	4 971 000	6 691 000
Financial Income	13 000	4 000	22 000	25 000
Financial Costs	5 000	14 000	19 000	14 000
Financial Balance	8 000	−10 000	3 000	11 000
Dividends	1 600 000	3 600 000	3 600 000	4 000 000
Net Income	3 598 000	3 974 000	3 880 000	5 291 000

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	449 000	657 000	586 000	739 000
Total Tangible Assets	449 000	657 000	586 000	739 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	510 000
Total Fixed Assets	459 000	667 000	596 000	1 249 000
Stock	936 000	1 403 000	1 200 000	848 000
Total Investments	0	0	0	0
Cash, Bank	622 000	3 978 000	4 194 000	6 893 000
Total Current Assets	19 562 000	16 111 000	15 268 000	15 291 000
Total Assets	20 021 000	16 778 000	15 864 000	16 540 000
Total Equity	8 144 000	6 146 000	5 772 000	5 492 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 184 000	1 846 000	1 363 000	1 788 000
Unpaid Taxes	3 221 000	3 211 000	3 230 000	3 115 000
Dividends	1 600 000	3 600 000	3 600 000	4 000 000
Other Current Debt	844 000	847 000	804 000	734 000
Total Current Debt	11 876 000	10 631 000	10 092 000	11 048 000
Total Equity and Debt	20 021 000	16 778 000	15 864 000	16 540 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,18 %	64,66 %	67,22 %	96,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,19 %	16,41 %	19,27 %	25,9 %
Current Ratio	1,65	1,52	1,51	1,38
Quick Ratio	1,79	1,75	1,72	1,5
Equity Ratio	0,41	0,37	0,36	0,33
Gross Profit Margin	35,36 %	50,53 %	61,47 %	63,45 %