ELEKTROFIKS AS

4700 VENNESLA

Finances

Share Ownership

Return on Equity

−16,28 %

Current Ratio

1,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 637 000	5 750 000	5 049 000	4 575 000
Net Income	−132 000	426 000	491 000	−5 000
Total Assets	1 582 000	2 013 000	1 818 000	1 088 000
Total Equity	811 000	943 000	641 000	400 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 637 000	5 750 000	5 049 000	4 575 000
Expenditure	4 806 000	5 199 000	4 419 000	4 582 000
Operating Profit	−168 000	551 000	630 000	−6 000
Financial Income	2 000	1 000	1 000	2 000
Financial Costs	3 000	2 000	1 000	2 000
Financial Balance	−1 000	−1 000	0	0
Earnings Before Tax	−169 000	549 000	630 000	−6 000
Tax	−37 000	123 000	139 000	−1 000
Net Income	−132 000	426 000	491 000	−5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	104 000	90 000	114 000	25 000
Total Current Assets	1 478 000	1 923 000	1 703 000	1 064 000
Total Assets	1 582 000	2 013 000	1 818 000	1 088 000
Total Retained Equity	711 000	843 000	541 000	300 000
Total Equity	811 000	943 000	641 000	400 000
Total Long-Term Debt	0	0	3 000	0
Total Current Debt	771 000	1 070 000	1 173 000	688 000
Total Equity and Debt	1 582 000	2 013 000	1 818 000	1 088 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 637 000	5 750 000	5 049 000	4 575 000
Other Income	0	0	0	0
Revenue	4 637 000	5 750 000	5 049 000	4 575 000
Cost of Goods Sold	1 517 000	1 842 000	1 537 000	1 342 000
Salary Costs	2 469 000	2 587 000	2 208 000	2 468 000
Depreciation	24 000	24 000	8 000	3 000
Impairment	0	0	0	0
Expenditure	4 806 000	5 199 000	4 419 000	4 582 000
Operating Profit	−168 000	551 000	630 000	−6 000
Financial Income	2 000	1 000	1 000	2 000
Financial Costs	3 000	2 000	1 000	2 000
Financial Balance	−1 000	−1 000	0	0
Dividends	0	125 000	250 000	0
Net Income	−132 000	426 000	491 000	−5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	37 000	0	0	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	67 000	90 000	114 000	10 000
Total Tangible Assets	67 000	90 000	114 000	10 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	104 000	90 000	114 000	25 000
Stock	97 000	97 000	104 000	60 000
Total Investments	4 000	4 000	4 000	4 000
Cash, Bank	1 014 000	1 235 000	1 018 000	757 000
Total Current Assets	1 478 000	1 923 000	1 703 000	1 064 000
Total Assets	1 582 000	2 013 000	1 818 000	1 088 000
Total Equity	811 000	943 000	641 000	400 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 000	0
Creditors	229 000	187 000	278 000	138 000
Unpaid Taxes	276 000	357 000	294 000	297 000
Dividends	0	125 000	250 000	0
Other Current Debt	267 000	276 000	230 000	253 000
Total Current Debt	771 000	1 070 000	1 173 000	688 000
Total Equity and Debt	1 582 000	2 013 000	1 818 000	1 088 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,28 %	45,17 %	76,6 %	−1,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,62 %	9,58 %	12,48 %	−0,13 %
Current Ratio	1,92	1,8	1,45	1,55
Quick Ratio	2,19	1,98	1,59	1,69
Equity Ratio	0,51	0,47	0,35	0,37
Gross Profit Margin	67,28 %	67,97 %	69,56 %	70,67 %