ELEVATE PRODUCTIONS AS

0551 OSLO

Finances

Share Ownership

Return on Equity

47,06 %

Current Ratio

2,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	115 000	38 000	0
Net Income	16 000	−12 000	0
Total Assets	58 000	20 000	30 000
Total Equity	34 000	18 000	30 000

Income (NOK)	2022	2021
Revenue	115 000	38 000
Expenditure	97 000	50 000
Operating Profit	17 000	−12 000
Financial Income	0	0
Financial Costs	0	0
Financial Balance	0	0
Earnings Before Tax	17 000	−12 000
Tax	1 000	0
Net Income	16 000	−12 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 000	18 000	30 000
Total Current Assets	55 000	2 000	0
Total Assets	58 000	20 000	30 000
Total Retained Equity	4 000	−12 000	0
Total Equity	34 000	18 000	30 000
Total Long-Term Debt	0	0	0
Total Current Debt	25 000	2 000	0
Total Equity and Debt	58 000	20 000	30 000

Cash flow (NOK)	2022	2021
Sales Income	115 000	38 000
Other Income	0	0
Revenue	115 000	38 000
Cost of Goods Sold	41 000	23 000
Salary Costs	15 000	0
Depreciation	0	0
Impairment	0	0
Expenditure	97 000	50 000
Operating Profit	17 000	−12 000
Financial Income	0	0
Financial Costs	0	0
Financial Balance	0	0
Dividends	0	0
Net Income	16 000	−12 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	3 000	18 000	30 000
Total Fixed Assets	3 000	18 000	30 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	55 000	2 000	0
Total Current Assets	55 000	2 000	0
Total Assets	58 000	20 000	30 000
Total Equity	34 000	18 000	30 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	11 000	2 000	0
Unpaid Taxes	11 000	0	0
Dividends	0	0	0
Other Current Debt	1 000	0	0
Total Current Debt	25 000	2 000	0
Total Equity and Debt	58 000	20 000	30 000

Financial indicators	2022	2021	2020
Return on Equity	47,06 %	−66,67 %	0 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	14,78 %	−31,58 %	-
Current Ratio	2,2	1	-
Quick Ratio	2,2	1	-
Equity Ratio	0,59	0,9	1
Gross Profit Margin	64,35 %	39,47 %	-