SOMMERFELT ELEKTRO AS

3269 LARVIK

Finances

Return on Equity

89,2 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 018 000	39 072 000	35 054 000	34 482 000
Net Income	2 486 000	2 859 000	2 718 000	2 861 000
Total Assets	11 740 000	11 451 000	12 239 000	14 276 000
Total Equity	2 787 000	2 649 000	2 990 000	5 862 000

Income (NOK)	2022	2021	2020	2019
Revenue	41 018 000	39 072 000	35 054 000	34 482 000
Expenditure	37 836 000	35 386 000	31 542 000	30 742 000
Operating Profit	3 183 000	3 686 000	3 513 000	3 740 000
Financial Income	18 000	7 000	11 000	26 000
Financial Costs	4 000	17 000	35 000	79 000
Financial Balance	14 000	−10 000	−24 000	−53 000
Earnings Before Tax	3 197 000	3 676 000	3 489 000	3 688 000
Tax	711 000	817 000	771 000	827 000
Net Income	2 486 000	2 859 000	2 718 000	2 861 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 241 000	1 437 000	1 276 000	1 635 000
Total Current Assets	10 499 000	10 014 000	10 963 000	12 641 000
Total Assets	11 740 000	11 451 000	12 239 000	14 276 000
Total Retained Equity	2 387 000	2 249 000	2 590 000	5 462 000
Total Equity	2 787 000	2 649 000	2 990 000	5 862 000
Total Long-Term Debt	2 000	190 000	550 000	910 000
Total Current Debt	8 951 000	8 612 000	8 698 000	7 504 000
Total Equity and Debt	11 740 000	11 451 000	12 239 000	14 276 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	41 018 000	39 062 000	35 049 000	34 480 000
Other Income	0	11 000	5 000	2 000
Revenue	41 018 000	39 072 000	35 054 000	34 482 000
Cost of Goods Sold	17 706 000	17 955 000	15 688 000	14 447 000
Salary Costs	15 489 000	13 221 000	11 865 000	12 150 000
Depreciation	293 000	248 000	474 000	519 000
Impairment	0	0	0	0
Expenditure	37 836 000	35 386 000	31 542 000	30 742 000
Operating Profit	3 183 000	3 686 000	3 513 000	3 740 000
Financial Income	18 000	7 000	11 000	26 000
Financial Costs	4 000	17 000	35 000	79 000
Financial Balance	14 000	−10 000	−24 000	−53 000
Dividends	2 348 000	3 200 000	5 590 000	2 123 000
Net Income	2 486 000	2 859 000	2 718 000	2 861 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	274 000
Total Intangible Assets	0	104 000	171 000	363 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	232 000	91 000	126 000	255 000
Fixtures	722 000	897 000	822 000	956 000
Total Tangible Assets	954 000	988 000	948 000	1 211 000
Total Fiancial Fixed Assets	287 000	345 000	157 000	61 000
Total Fixed Assets	1 241 000	1 437 000	1 276 000	1 635 000
Stock	2 020 000	1 417 000	1 779 000	2 054 000
Total Investments	0	0	0	0
Cash, Bank	4 874 000	4 506 000	5 914 000	7 966 000
Total Current Assets	10 499 000	10 014 000	10 963 000	12 641 000
Total Assets	11 740 000	11 451 000	12 239 000	14 276 000
Total Equity	2 787 000	2 649 000	2 990 000	5 862 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	190 000	550 000	910 000
Creditors	2 869 000	3 030 000	2 473 000	2 262 000
Unpaid Taxes	2 453 000	1 571 000	1 560 000	1 603 000
Dividends	2 348 000	3 200 000	5 590 000	2 123 000
Other Current Debt	2 024 000	1 760 000	2 283 000	2 780 000
Total Current Debt	8 951 000	8 612 000	8 698 000	7 504 000
Total Equity and Debt	11 740 000	11 451 000	12 239 000	14 276 000

Financial indicators	2022	2021	2020	2019
Return on Equity	89,2 %	107,93 %	90,9 %	48,81 %
Debt-to-Equity Ratio	0	0,07	0,18	0,16
Operating Profit Margin	7,76 %	9,43 %	10,02 %	10,85 %
Current Ratio	1,17	1,16	1,26	1,68
Quick Ratio	1,51	1,39	1,58	2,32
Equity Ratio	0,24	0,23	0,24	0,41
Gross Profit Margin	56,83 %	54,05 %	55,25 %	58,1 %