NORSK ELEKTROMOTOR AS

1081 OSLO

Finances

Share Ownership

Return on Equity

24,55 %

Current Ratio

3,63

Debt-to-Equity Ratio

0,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 079 000	5 128 000	5 886 000	6 069 000
Net Income	452 000	−393 000	75 000	104 000
Total Assets	4 395 000	4 325 000	4 541 000	4 635 000
Total Equity	1 841 000	1 389 000	1 391 000	1 316 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 079 000	5 128 000	5 886 000	6 069 000
Expenditure	6 507 000	5 633 000	5 850 000	5 941 000
Operating Profit	572 000	−504 000	37 000	128 000
Financial Income	10 000	2 000	9 000	19 000
Financial Costs	0	0	0	0
Financial Balance	10 000	2 000	9 000	19 000
Earnings Before Tax	582 000	−502 000	46 000	147 000
Tax	130 000	−109 000	−29 000	43 000
Net Income	452 000	−393 000	75 000	104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	630 000	755 000	880 000	260 000
Total Current Assets	3 765 000	3 570 000	3 661 000	4 375 000
Total Assets	4 395 000	4 325 000	4 541 000	4 635 000
Total Retained Equity	1 737 000	1 285 000	1 287 000	1 212 000
Total Equity	1 841 000	1 389 000	1 391 000	1 316 000
Total Long-Term Debt	1 516 000	2 162 000	2 279 000	2 495 000
Total Current Debt	1 038 000	774 000	870 000	823 000
Total Equity and Debt	4 395 000	4 325 000	4 541 000	4 635 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 071 000	4 938 000	5 741 000	6 066 000
Other Income	8 000	191 000	145 000	3 000
Revenue	7 079 000	5 128 000	5 886 000	6 069 000
Cost of Goods Sold	2 444 000	1 767 000	2 148 000	2 149 000
Salary Costs	2 219 000	2 301 000	2 116 000	2 142 000
Depreciation	125 000	125 000	78 000	75 000
Impairment	0	0	0	0
Expenditure	6 507 000	5 633 000	5 850 000	5 941 000
Operating Profit	572 000	−504 000	37 000	128 000
Financial Income	10 000	2 000	9 000	19 000
Financial Costs	0	0	0	0
Financial Balance	10 000	2 000	9 000	19 000
Dividends	0	0	0	0
Net Income	452 000	−393 000	75 000	104 000

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	430 000	555 000	680 000	60 000
Total Tangible Assets	430 000	555 000	680 000	60 000
Total Fiancial Fixed Assets	200 000	200 000	200 000	200 000
Total Fixed Assets	630 000	755 000	880 000	260 000
Stock	186 000	218 000	219 000	173 000
Total Investments	0	0	0	0
Cash, Bank	2 628 000	2 198 000	2 600 000	3 263 000
Total Current Assets	3 765 000	3 570 000	3 661 000	4 375 000
Total Assets	4 395 000	4 325 000	4 541 000	4 635 000
Total Equity	1 841 000	1 389 000	1 391 000	1 316 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 516 000	2 162 000	2 279 000	2 495 000
Creditors	318 000	203 000	234 000	220 000
Unpaid Taxes	380 000	310 000	415 000	344 000
Dividends	0	0	0	0
Other Current Debt	208 000	261 000	222 000	216 000
Total Current Debt	1 038 000	774 000	870 000	823 000
Total Equity and Debt	4 395 000	4 325 000	4 541 000	4 635 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,55 %	−28,29 %	5,39 %	7,9 %
Debt-to-Equity Ratio	0,82	1,56	1,64	1,9
Operating Profit Margin	8,08 %	−9,83 %	0,63 %	2,11 %
Current Ratio	3,63	4,61	4,21	5,32
Quick Ratio	4,42	6,42	5,62	6,73
Equity Ratio	0,42	0,32	0,31	0,28
Gross Profit Margin	65,48 %	65,54 %	63,51 %	64,59 %