MV ELEKTRO AS

0183 OSLO

Finances

Share Ownership

Return on Equity

15,97 %

Current Ratio

1,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 731 000	24 044 000	31 277 000	21 513 000
Net Income	471 000	1 377 000	2 476 000	1 336 000
Total Assets	7 374 000	8 653 000	11 335 000	7 746 000
Total Equity	2 950 000	2 479 000	1 102 000	806 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 731 000	24 044 000	31 277 000	21 513 000
Expenditure	17 124 000	22 270 000	28 107 000	19 812 000
Operating Profit	608 000	1 773 000	3 170 000	1 702 000
Financial Income	8 000	11 000	15 000	27 000
Financial Costs	11 000	17 000	11 000	1 000
Financial Balance	−3 000	−6 000	4 000	26 000
Earnings Before Tax	605 000	1 767 000	3 174 000	1 728 000
Tax	134 000	389 000	699 000	392 000
Net Income	471 000	1 377 000	2 476 000	1 336 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	31 000	22 000	29 000
Total Current Assets	7 361 000	8 622 000	11 314 000	7 717 000
Total Assets	7 374 000	8 653 000	11 335 000	7 746 000
Total Retained Equity	2 850 000	2 379 000	1 002 000	706 000
Total Equity	2 950 000	2 479 000	1 102 000	806 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 424 000	6 174 000	10 234 000	6 939 000
Total Equity and Debt	7 374 000	8 653 000	11 335 000	7 746 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 731 000	24 044 000	31 207 000	21 513 000
Other Income	0	0	70 000	0
Revenue	17 731 000	24 044 000	31 277 000	21 513 000
Cost of Goods Sold	11 000	0	3 000	0
Salary Costs	12 748 000	16 605 000	22 078 000	15 405 000
Depreciation	19 000	9 000	7 000	9 000
Impairment	0	0	0	0
Expenditure	17 124 000	22 270 000	28 107 000	19 812 000
Operating Profit	608 000	1 773 000	3 170 000	1 702 000
Financial Income	8 000	11 000	15 000	27 000
Financial Costs	11 000	17 000	11 000	1 000
Financial Balance	−3 000	−6 000	4 000	26 000
Dividends	0	0	2 180 000	1 300 000
Net Income	471 000	1 377 000	2 476 000	1 336 000

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	13 000	31 000	22 000	29 000
Total Tangible Assets	13 000	31 000	22 000	29 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 000	31 000	22 000	29 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 880 000	2 751 000	6 255 000	4 650 000
Total Current Assets	7 361 000	8 622 000	11 314 000	7 717 000
Total Assets	7 374 000	8 653 000	11 335 000	7 746 000
Total Equity	2 950 000	2 479 000	1 102 000	806 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	49 000	50 000	38 000	44 000
Unpaid Taxes	1 713 000	2 485 000	3 222 000	2 265 000
Dividends	0	0	2 180 000	1 300 000
Other Current Debt	2 527 000	3 249 000	4 096 000	2 934 000
Total Current Debt	4 424 000	6 174 000	10 234 000	6 939 000
Total Equity and Debt	7 374 000	8 653 000	11 335 000	7 746 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,97 %	55,55 %	224,68 %	165,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,43 %	7,37 %	10,14 %	7,91 %
Current Ratio	1,66	1,4	1,11	1,11
Quick Ratio	1,66	1,4	1,11	1,11
Equity Ratio	0,4	0,29	0,1	0,1
Gross Profit Margin	99,94 %	100 %	99,99 %	100 %