ELFO AS

1481 HAGAN

Finances

Return on Equity

30,68 %

Current Ratio

6,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 077 000	10 857 000	11 616 000	10 832 000
Net Income	2 131 000	1 218 000	1 603 000	1 322 000
Total Assets	8 192 000	7 751 000	8 190 000	7 924 000
Total Equity	6 946 000	6 018 000	6 390 000	6 086 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 077 000	10 857 000	11 616 000	10 832 000
Expenditure	9 556 000	9 490 000	9 839 000	9 430 000
Operating Profit	2 521 000	1 367 000	1 777 000	1 402 000
Financial Income	36 000	0	14 000	17 000
Financial Costs	0	3 000	1 000	0
Financial Balance	36 000	−3 000	13 000	17 000
Earnings Before Tax	2 557 000	1 364 000	1 790 000	1 419 000
Tax	426 000	146 000	187 000	96 000
Net Income	2 131 000	1 218 000	1 603 000	1 322 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	132 000	178 000	223 000	327 000
Total Current Assets	8 060 000	7 573 000	7 967 000	7 597 000
Total Assets	8 192 000	7 751 000	8 190 000	7 924 000
Total Retained Equity	6 840 000	5 912 000	6 272 000	5 968 000
Total Equity	6 946 000	6 018 000	6 390 000	6 086 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 245 000	1 733 000	1 800 000	1 838 000
Total Equity and Debt	8 192 000	7 751 000	8 190 000	7 924 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 077 000	10 857 000	11 616 000	10 832 000
Other Income	0	0	0	0
Revenue	12 077 000	10 857 000	11 616 000	10 832 000
Cost of Goods Sold	1 325 000	1 580 000	2 117 000	1 813 000
Salary Costs	5 083 000	5 024 000	5 787 000	5 966 000
Depreciation	48 000	48 000	0	0
Impairment	0	0	0	0
Expenditure	9 556 000	9 490 000	9 839 000	9 430 000
Operating Profit	2 521 000	1 367 000	1 777 000	1 402 000
Financial Income	36 000	0	14 000	17 000
Financial Costs	0	3 000	1 000	0
Financial Balance	36 000	−3 000	13 000	17 000
Dividends	0	1 590 000	0	0
Net Income	2 131 000	1 218 000	1 603 000	1 322 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 000	16 000	48 000	153 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	114 000	162 000	0	0
Total Tangible Assets	114 000	162 000	0	0
Total Fiancial Fixed Assets	0	0	175 000	174 000
Total Fixed Assets	132 000	178 000	223 000	327 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 238 000	5 979 000	5 905 000	6 241 000
Total Current Assets	8 060 000	7 573 000	7 967 000	7 597 000
Total Assets	8 192 000	7 751 000	8 190 000	7 924 000
Total Equity	6 946 000	6 018 000	6 390 000	6 086 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	183 000	245 000	0	252 000
Unpaid Taxes	666 000	404 000	482 000	535 000
Dividends	0	1 590 000	0	0
Other Current Debt	397 000	1 084 000	1 236 000	1 052 000
Total Current Debt	1 245 000	1 733 000	1 800 000	1 838 000
Total Equity and Debt	8 192 000	7 751 000	8 190 000	7 924 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,68 %	20,24 %	25,09 %	21,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,87 %	12,59 %	15,3 %	12,94 %
Current Ratio	6,47	4,37	4,43	4,13
Quick Ratio	6,47	4,37	4,43	4,13
Equity Ratio	0,85	0,78	0,78	0,77
Gross Profit Margin	89,03 %	85,45 %	81,78 %	83,26 %