MJ ELEKTRO AS

0668 OSLO

Finances

Share Ownership

Return on Equity

19,82 %

Current Ratio

1,86

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 702 000	9 367 000	9 181 000	8 011 000
Net Income	245 000	250 000	263 000	167 000
Total Assets	3 297 000	3 204 000	3 176 000	2 817 000
Total Equity	1 236 000	1 192 000	1 141 000	1 079 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 702 000	9 367 000	9 181 000	8 011 000
Expenditure	8 376 000	9 044 000	8 825 000	7 773 000
Operating Profit	327 000	323 000	355 000	239 000
Financial Income	1 000	9 000	1 000	1 000
Financial Costs	11 000	8 000	16 000	24 000
Financial Balance	−10 000	1 000	−15 000	−23 000
Earnings Before Tax	317 000	324 000	340 000	216 000
Tax	72 000	74 000	77 000	49 000
Net Income	245 000	250 000	263 000	167 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	493 000	226 000	282 000	352 000
Total Current Assets	2 804 000	2 979 000	2 895 000	2 465 000
Total Assets	3 297 000	3 204 000	3 176 000	2 817 000
Total Retained Equity	1 036 000	992 000	941 000	879 000
Total Equity	1 236 000	1 192 000	1 141 000	1 079 000
Total Long-Term Debt	557 000	115 000	233 000	394 000
Total Current Debt	1 504 000	1 897 000	1 802 000	1 344 000
Total Equity and Debt	3 297 000	3 204 000	3 176 000	2 817 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 559 000	9 367 000	9 099 000	7 850 000
Other Income	144 000	0	82 000	162 000
Revenue	8 702 000	9 367 000	9 181 000	8 011 000
Cost of Goods Sold	2 893 000	3 212 000	3 240 000	2 475 000
Salary Costs	4 024 000	4 494 000	4 474 000	4 149 000
Depreciation	123 000	56 000	70 000	88 000
Impairment	0	0	0	0
Expenditure	8 376 000	9 044 000	8 825 000	7 773 000
Operating Profit	327 000	323 000	355 000	239 000
Financial Income	1 000	9 000	1 000	1 000
Financial Costs	11 000	8 000	16 000	24 000
Financial Balance	−10 000	1 000	−15 000	−23 000
Dividends	200 000	200 000	200 000	0
Net Income	245 000	250 000	263 000	167 000

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	493 000	226 000	282 000	352 000
Total Tangible Assets	493 000	226 000	282 000	352 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	493 000	226 000	282 000	352 000
Stock	385 000	380 000	364 000	284 000
Total Investments	0	0	0	0
Cash, Bank	1 122 000	1 074 000	1 277 000	1 291 000
Total Current Assets	2 804 000	2 979 000	2 895 000	2 465 000
Total Assets	3 297 000	3 204 000	3 176 000	2 817 000
Total Equity	1 236 000	1 192 000	1 141 000	1 079 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	557 000	115 000	233 000	394 000
Creditors	188 000	359 000	280 000	241 000
Unpaid Taxes	644 000	796 000	734 000	698 000
Dividends	200 000	200 000	200 000	0
Other Current Debt	423 000	465 000	507 000	377 000
Total Current Debt	1 504 000	1 897 000	1 802 000	1 344 000
Total Equity and Debt	3 297 000	3 204 000	3 176 000	2 817 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,82 %	20,97 %	23,05 %	15,48 %
Debt-to-Equity Ratio	0,45	0,1	0,2	0,37
Operating Profit Margin	3,76 %	3,45 %	3,87 %	2,98 %
Current Ratio	1,86	1,57	1,61	1,83
Quick Ratio	2,51	1,96	2,01	2,33
Equity Ratio	0,37	0,37	0,36	0,38
Gross Profit Margin	66,75 %	65,71 %	64,71 %	69,1 %