MODERNE ELEKTRO AS

0667 OSLO

Finances

Share Ownership

Return on Equity

31,34 %

Current Ratio

1,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 793 000	15 562 000	13 150 000	10 813 000
Net Income	1 577 000	−281 000	676 000	472 000
Total Assets	11 048 000	8 320 000	8 115 000	6 537 000
Total Equity	5 032 000	3 801 000	4 082 000	3 406 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 793 000	15 562 000	13 150 000	10 813 000
Expenditure	25 645 000	15 814 000	12 129 000	10 038 000
Operating Profit	2 148 000	−250 000	1 021 000	776 000
Financial Income	11 000	11 000	66 000	25 000
Financial Costs	180 000	41 000	75 000	28 000
Financial Balance	−169 000	−30 000	−9 000	−3 000
Earnings Before Tax	1 979 000	−281 000	1 013 000	773 000
Tax	402 000	0	337 000	301 000
Net Income	1 577 000	−281 000	676 000	472 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 000	13 000	27 000	41 000
Total Current Assets	11 038 000	8 308 000	8 088 000	6 497 000
Total Assets	11 048 000	8 320 000	8 115 000	6 537 000
Total Retained Equity	5 002 000	3 771 000	4 052 000	3 376 000
Total Equity	5 032 000	3 801 000	4 082 000	3 406 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 016 000	4 519 000	4 033 000	3 131 000
Total Equity and Debt	11 048 000	8 320 000	8 115 000	6 537 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 698 000	15 537 000	12 970 000	10 732 000
Other Income	95 000	25 000	179 000	80 000
Revenue	27 793 000	15 562 000	13 150 000	10 813 000
Cost of Goods Sold	18 000 000	9 856 000	6 076 000	3 959 000
Salary Costs	5 370 000	4 177 000	3 788 000	3 836 000
Depreciation	2 000	14 000	14 000	14 000
Impairment	0	0	0	0
Expenditure	25 645 000	15 814 000	12 129 000	10 038 000
Operating Profit	2 148 000	−250 000	1 021 000	776 000
Financial Income	11 000	11 000	66 000	25 000
Financial Costs	180 000	41 000	75 000	28 000
Financial Balance	−169 000	−30 000	−9 000	−3 000
Dividends	0	0	0	0
Net Income	1 577 000	−281 000	676 000	472 000

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	11 000	13 000	27 000	40 000
Total Tangible Assets	11 000	13 000	27 000	40 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 000	13 000	27 000	41 000
Stock	6 308 000	5 082 000	4 763 000	4 031 000
Total Investments	0	0	0	0
Cash, Bank	1 814 000	1 956 000	1 527 000	1 594 000
Total Current Assets	11 038 000	8 308 000	8 088 000	6 497 000
Total Assets	11 048 000	8 320 000	8 115 000	6 537 000
Total Equity	5 032 000	3 801 000	4 082 000	3 406 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 159 000	2 340 000	1 362 000	1 106 000
Unpaid Taxes	1 088 000	917 000	1 148 000	721 000
Dividends	0	0	0	0
Other Current Debt	1 367 000	1 262 000	1 186 000	1 020 000
Total Current Debt	6 016 000	4 519 000	4 033 000	3 131 000
Total Equity and Debt	11 048 000	8 320 000	8 115 000	6 537 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,34 %	−7,39 %	16,56 %	13,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,73 %	−1,61 %	7,76 %	7,18 %
Current Ratio	1,83	1,84	2,01	2,08
Quick Ratio	−37,8	−14,76	−11,08	−7,22
Equity Ratio	0,46	0,46	0,5	0,52
Gross Profit Margin	35,24 %	36,67 %	53,79 %	63,39 %