ELCONTACT AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

67,11 %

Current Ratio

1,28

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 185 000	12 330 000	14 784 000	13 455 000
Net Income	708 000	−312 000	345 000	345 000
Total Assets	5 098 000	2 443 000	2 633 000	3 237 000
Total Equity	1 055 000	347 000	658 000	313 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 185 000	12 330 000	14 784 000	13 455 000
Expenditure	16 190 000	12 677 000	14 293 000	12 928 000
Operating Profit	995 000	−348 000	480 000	495 000
Financial Income	3 000	2 000	1 000	1 000
Financial Costs	90 000	54 000	38 000	54 000
Financial Balance	−87 000	−52 000	−37 000	−53 000
Earnings Before Tax	908 000	−399 000	442 000	442 000
Tax	200 000	−88 000	97 000	97 000
Net Income	708 000	−312 000	345 000	345 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	124 000	18 000	76 000
Total Current Assets	5 068 000	2 318 000	2 615 000	3 162 000
Total Assets	5 098 000	2 443 000	2 633 000	3 237 000
Total Retained Equity	896 000	188 000	500 000	155 000
Total Equity	1 055 000	347 000	658 000	313 000
Total Long-Term Debt	98 000	0	0	0
Total Current Debt	3 945 000	2 096 000	1 974 000	2 924 000
Total Equity and Debt	5 098 000	2 443 000	2 633 000	3 237 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 185 000	12 330 000	14 774 000	13 652 000
Other Income	0	0	9 000	−197 000
Revenue	17 185 000	12 330 000	14 784 000	13 455 000
Cost of Goods Sold	7 897 000	4 655 000	5 170 000	4 033 000
Salary Costs	6 428 000	6 089 000	7 048 000	6 841 000
Depreciation	8 000	3 000	3 000	7 000
Impairment	0	0	0	0
Expenditure	16 190 000	12 677 000	14 293 000	12 928 000
Operating Profit	995 000	−348 000	480 000	495 000
Financial Income	3 000	2 000	1 000	1 000
Financial Costs	90 000	54 000	38 000	54 000
Financial Balance	−87 000	−52 000	−37 000	−53 000
Dividends	0	0	0	0
Net Income	708 000	−312 000	345 000	345 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	102 000	14 000	69 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	30 000	22 000	4 000	7 000
Total Tangible Assets	30 000	22 000	4 000	7 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 000	124 000	18 000	76 000
Stock	795 000	815 000	508 000	495 000
Total Investments	0	0	0	0
Cash, Bank	1 308 000	198 000	639 000	1 008 000
Total Current Assets	5 068 000	2 318 000	2 615 000	3 162 000
Total Assets	5 098 000	2 443 000	2 633 000	3 237 000
Total Equity	1 055 000	347 000	658 000	313 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	98 000	0	0	0
Creditors	1 747 000	689 000	473 000	826 000
Unpaid Taxes	1 042 000	697 000	775 000	1 040 000
Dividends	0	0	0	0
Other Current Debt	1 156 000	693 000	683 000	1 059 000
Total Current Debt	3 945 000	2 096 000	1 974 000	2 924 000
Total Equity and Debt	5 098 000	2 443 000	2 633 000	3 237 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,11 %	−89,91 %	52,43 %	110,22 %
Debt-to-Equity Ratio	0,09	0	0	0
Operating Profit Margin	5,79 %	−2,82 %	3,25 %	3,68 %
Current Ratio	1,28	1,11	1,32	1,08
Quick Ratio	1,61	1,81	1,78	1,3
Equity Ratio	0,21	0,14	0,25	0,1
Gross Profit Margin	54,05 %	62,25 %	65,03 %	70,03 %