NORDFJORD ELEKTRO AS

6700 MÅLØY

Finances

Return on Equity

−5,01 %

Current Ratio

3,41

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 475 000	10 234 000	16 998 000	9 136 000
Net Income	−68 000	368 000	−152 000	358 000
Total Assets	1 805 000	3 201 000	3 671 000	4 159 000
Total Equity	1 356 000	1 423 000	1 055 000	1 207 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 475 000	10 234 000	16 998 000	9 136 000
Expenditure	2 564 000	9 822 000	17 153 000	8 670 000
Operating Profit	−89 000	412 000	−155 000	466 000
Financial Income	6 000	7 000	7 000	4 000
Financial Costs	2 000	3 000	4 000	7 000
Financial Balance	4 000	4 000	3 000	−3 000
Earnings Before Tax	−84 000	416 000	−152 000	463 000
Tax	−16 000	48 000	0	104 000
Net Income	−68 000	368 000	−152 000	358 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	318 000	403 000	0	4 000
Total Current Assets	1 487 000	2 798 000	3 671 000	4 154 000
Total Assets	1 805 000	3 201 000	3 671 000	4 159 000
Total Retained Equity	1 156 000	1 223 000	855 000	1 007 000
Total Equity	1 356 000	1 423 000	1 055 000	1 207 000
Total Long-Term Debt	14 000	334 000	347 000	334 000
Total Current Debt	436 000	1 444 000	2 269 000	2 618 000
Total Equity and Debt	1 805 000	3 201 000	3 671 000	4 159 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 475 000	10 214 000	16 998 000	9 136 000
Other Income	0	20 000	0	0
Revenue	2 475 000	10 234 000	16 998 000	9 136 000
Cost of Goods Sold	487 000	364 000	581 000	464 000
Salary Costs	1 508 000	8 901 000	16 046 000	7 628 000
Depreciation	85 000	21 000	4 000	27 000
Impairment	0	0	0	0
Expenditure	2 564 000	9 822 000	17 153 000	8 670 000
Operating Profit	−89 000	412 000	−155 000	466 000
Financial Income	6 000	7 000	7 000	4 000
Financial Costs	2 000	3 000	4 000	7 000
Financial Balance	4 000	4 000	3 000	−3 000
Dividends	0	0	0	0
Net Income	−68 000	368 000	−152 000	358 000

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	318 000	403 000	0	4 000
Total Tangible Assets	318 000	403 000	0	4 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	318 000	403 000	0	4 000
Stock	321 000	326 000	240 000	388 000
Total Investments	0	0	0	0
Cash, Bank	548 000	1 346 000	1 622 000	1 920 000
Total Current Assets	1 487 000	2 798 000	3 671 000	4 154 000
Total Assets	1 805 000	3 201 000	3 671 000	4 159 000
Total Equity	1 356 000	1 423 000	1 055 000	1 207 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 000	334 000	347 000	334 000
Creditors	97 000	131 000	104 000	519 000
Unpaid Taxes	199 000	516 000	1 042 000	1 163 000
Dividends	0	0	0	0
Other Current Debt	140 000	764 000	1 123 000	832 000
Total Current Debt	436 000	1 444 000	2 269 000	2 618 000
Total Equity and Debt	1 805 000	3 201 000	3 671 000	4 159 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,01 %	25,86 %	−14,41 %	29,66 %
Debt-to-Equity Ratio	0,01	0,23	0,33	0,28
Operating Profit Margin	−3,6 %	4,03 %	−0,91 %	5,1 %
Current Ratio	3,41	1,94	1,62	1,59
Quick Ratio	12,93	2,5	1,81	1,86
Equity Ratio	0,75	0,44	0,29	0,29
Gross Profit Margin	80,32 %	96,44 %	96,58 %	94,92 %