ELEKTRO NORD AS

7714 STEINKJER

Finances

Return on Equity

33,15 %

Current Ratio

1,25

Debt-to-Equity Ratio

0,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 856 000	30 987 000	21 683 000	19 965 000
Net Income	867 000	607 000	382 000	−229 000
Total Assets	14 868 000	12 831 000	8 687 000	8 295 000
Total Equity	2 615 000	1 748 000	1 141 000	182 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 856 000	30 987 000	21 683 000	19 965 000
Expenditure	38 442 000	29 859 000	20 949 000	20 010 000
Operating Profit	1 413 000	1 128 000	734 000	−45 000
Financial Income	26 000	13 000	74 000	101 000
Financial Costs	326 000	362 000	319 000	349 000
Financial Balance	−300 000	−349 000	−245 000	−248 000
Earnings Before Tax	1 112 000	779 000	490 000	−293 000
Tax	246 000	171 000	108 000	−65 000
Net Income	867 000	607 000	382 000	−229 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 768 000	2 107 000	1 646 000	1 654 000
Total Current Assets	13 100 000	10 724 000	7 041 000	6 641 000
Total Assets	14 868 000	12 831 000	8 687 000	8 295 000
Total Retained Equity	1 533 000	666 000	59 000	−323 000
Total Equity	2 615 000	1 748 000	1 141 000	182 000
Total Long-Term Debt	1 767 000	1 967 000	2 127 000	2 300 000
Total Current Debt	10 486 000	9 116 000	5 419 000	5 812 000
Total Equity and Debt	14 868 000	12 831 000	8 687 000	8 295 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 856 000	30 964 000	21 683 000	19 760 000
Other Income	0	23 000	0	205 000
Revenue	39 856 000	30 987 000	21 683 000	19 965 000
Cost of Goods Sold	16 993 000	13 167 000	8 840 000	8 222 000
Salary Costs	14 088 000	11 428 000	8 270 000	8 365 000
Depreciation	512 000	311 000	205 000	190 000
Impairment	0	0	0	0
Expenditure	38 442 000	29 859 000	20 949 000	20 010 000
Operating Profit	1 413 000	1 128 000	734 000	−45 000
Financial Income	26 000	13 000	74 000	101 000
Financial Costs	326 000	362 000	319 000	349 000
Financial Balance	−300 000	−349 000	−245 000	−248 000
Dividends	0	0	0	0
Net Income	867 000	607 000	382 000	−229 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	216 000	371 000	542 000	650 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 542 000	1 726 000	965 000	956 000
Total Tangible Assets	1 542 000	1 726 000	965 000	956 000
Total Fiancial Fixed Assets	10 000	10 000	139 000	48 000
Total Fixed Assets	1 768 000	2 107 000	1 646 000	1 654 000
Stock	2 842 000	2 457 000	2 289 000	1 802 000
Total Investments	0	0	0	0
Cash, Bank	412 000	424 000	99 000	279 000
Total Current Assets	13 100 000	10 724 000	7 041 000	6 641 000
Total Assets	14 868 000	12 831 000	8 687 000	8 295 000
Total Equity	2 615 000	1 748 000	1 141 000	182 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 767 000	1 967 000	2 127 000	2 300 000
Creditors	4 030 000	3 608 000	1 738 000	1 601 000
Unpaid Taxes	1 718 000	1 505 000	1 091 000	1 220 000
Dividends	0	0	0	0
Other Current Debt	1 406 000	1 103 000	831 000	1 075 000
Total Current Debt	10 486 000	9 116 000	5 419 000	5 812 000
Total Equity and Debt	14 868 000	12 831 000	8 687 000	8 295 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,15 %	34,73 %	33,48 %	−125,82 %
Debt-to-Equity Ratio	0,68	1,13	1,86	12,64
Operating Profit Margin	3,55 %	3,64 %	3,39 %	−0,23 %
Current Ratio	1,25	1,18	1,3	1,14
Quick Ratio	1,71	1,61	2,25	1,66
Equity Ratio	0,18	0,14	0,13	0,02
Gross Profit Margin	57,36 %	57,51 %	59,23 %	58,82 %