MELEKTRO KLAVESTAD INSTALLASJON AS

1738 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

32,15 %

Current Ratio

1,32

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 518 000	20 037 000	21 795 000	17 912 000
Net Income	669 000	637 000	707 000	932 000
Total Assets	8 323 000	7 787 000	8 317 000	7 034 000
Total Equity	2 081 000	1 943 000	2 079 000	2 369 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 518 000	20 037 000	21 795 000	17 912 000
Expenditure	18 610 000	19 180 000	20 863 000	16 719 000
Operating Profit	908 000	858 000	932 000	1 200 000
Financial Income	6 000	11 000	12 000	6 000
Financial Costs	56 000	52 000	38 000	10 000
Financial Balance	−50 000	−41 000	−26 000	−4 000
Earnings Before Tax	857 000	817 000	906 000	1 196 000
Tax	189 000	180 000	199 000	264 000
Net Income	669 000	637 000	707 000	932 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	503 000	649 000	370 000	263 000
Total Current Assets	7 820 000	7 138 000	7 947 000	6 772 000
Total Assets	8 323 000	7 787 000	8 317 000	7 034 000
Total Retained Equity	1 981 000	1 843 000	1 979 000	2 269 000
Total Equity	2 081 000	1 943 000	2 079 000	2 369 000
Total Long-Term Debt	328 000	493 000	189 000	0
Total Current Debt	5 914 000	5 350 000	6 049 000	4 666 000
Total Equity and Debt	8 323 000	7 787 000	8 317 000	7 034 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 518 000	20 037 000	21 795 000	17 912 000
Other Income	0	0	0	0
Revenue	19 518 000	20 037 000	21 795 000	17 912 000
Cost of Goods Sold	6 957 000	6 798 000	8 002 000	5 577 000
Salary Costs	8 867 000	9 529 000	9 765 000	8 414 000
Depreciation	142 000	85 000	30 000	12 000
Impairment	0	0	0	0
Expenditure	18 610 000	19 180 000	20 863 000	16 719 000
Operating Profit	908 000	858 000	932 000	1 200 000
Financial Income	6 000	11 000	12 000	6 000
Financial Costs	56 000	52 000	38 000	10 000
Financial Balance	−50 000	−41 000	−26 000	−4 000
Dividends	531 000	772 000	997 000	900 000
Net Income	669 000	637 000	707 000	932 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	59 000	47 000	57 000	67 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	444 000	585 000	225 000	12 000
Total Tangible Assets	444 000	585 000	225 000	12 000
Total Fiancial Fixed Assets	0	16 000	88 000	184 000
Total Fixed Assets	503 000	649 000	370 000	263 000
Stock	1 498 000	1 656 000	1 395 000	1 473 000
Total Investments	0	0	0	0
Cash, Bank	261 000	352 000	364 000	928 000
Total Current Assets	7 820 000	7 138 000	7 947 000	6 772 000
Total Assets	8 323 000	7 787 000	8 317 000	7 034 000
Total Equity	2 081 000	1 943 000	2 079 000	2 369 000
Short-Term Group Debt	1 407 000	14 000	0	0
Total Long-Term Debt	328 000	493 000	189 000	0
Creditors	1 363 000	1 224 000	1 440 000	1 241 000
Unpaid Taxes	992 000	1 412 000	1 854 000	1 178 000
Dividends	531 000	772 000	997 000	900 000
Other Current Debt	1 420 000	1 757 000	1 569 000	1 090 000
Total Current Debt	5 914 000	5 350 000	6 049 000	4 666 000
Total Equity and Debt	8 323 000	7 787 000	8 317 000	7 034 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,15 %	32,78 %	34,01 %	39,34 %
Debt-to-Equity Ratio	0,16	0,25	0,09	0
Operating Profit Margin	4,65 %	4,28 %	4,28 %	6,7 %
Current Ratio	1,32	1,33	1,31	1,45
Quick Ratio	1,77	1,93	1,71	2,12
Equity Ratio	0,25	0,25	0,25	0,34
Gross Profit Margin	64,36 %	66,07 %	63,29 %	68,86 %