ELVEGAARDEN AS

4331 ÅLGÅRD

Finances

Share Ownership

Return on Equity

11,83 %

Current Ratio

0,19

Debt-to-Equity Ratio

2,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 841 000	1 575 000	1 330 000	891 000
Net Income	448 000	185 000	20 000	−244 000
Total Assets	13 673 000	14 494 000	15 231 000	15 737 000
Total Equity	3 788 000	3 340 000	3 155 000	3 134 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 841 000	1 575 000	1 330 000	891 000
Expenditure	923 000	1 092 000	980 000	788 000
Operating Profit	918 000	482 000	350 000	103 000
Financial Income	0	0	0	0
Financial Costs	343 000	245 000	325 000	416 000
Financial Balance	−343 000	−245 000	−325 000	−416 000
Earnings Before Tax	575 000	237 000	26 000	−312 000
Tax	126 000	52 000	6 000	−69 000
Net Income	448 000	185 000	20 000	−244 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 502 000	14 106 000	14 743 000	15 436 000
Total Current Assets	171 000	388 000	488 000	302 000
Total Assets	13 673 000	14 494 000	15 231 000	15 737 000
Total Retained Equity	3 278 000	2 830 000	2 645 000	2 624 000
Total Equity	3 788 000	3 340 000	3 155 000	3 134 000
Total Long-Term Debt	8 965 000	9 926 000	10 899 000	11 847 000
Total Current Debt	920 000	1 228 000	1 178 000	756 000
Total Equity and Debt	13 673 000	14 494 000	15 231 000	15 737 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 841 000	1 575 000	1 330 000	891 000
Revenue	1 841 000	1 575 000	1 330 000	891 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	667 000	739 000	724 000	568 000
Impairment	0	0	0	0
Expenditure	923 000	1 092 000	980 000	788 000
Operating Profit	918 000	482 000	350 000	103 000
Financial Income	0	0	0	0
Financial Costs	343 000	245 000	325 000	416 000
Financial Balance	−343 000	−245 000	−325 000	−416 000
Dividends	0	0	0	0
Net Income	448 000	185 000	20 000	−244 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 488 000	14 075 000	14 733 000	15 419 000
Machinery and Plant Facilities	0	4 000	10 000	16 000
Fixtures	14 000	27 000	0	0
Total Tangible Assets	13 502 000	14 106 000	14 743 000	15 436 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 502 000	14 106 000	14 743 000	15 436 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	87 000	351 000	488 000	232 000
Total Current Assets	171 000	388 000	488 000	302 000
Total Assets	13 673 000	14 494 000	15 231 000	15 737 000
Total Equity	3 788 000	3 340 000	3 155 000	3 134 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 965 000	9 926 000	10 899 000	11 847 000
Creditors	1 000	10 000	4 000	3 000
Unpaid Taxes	124 000	100 000	70 000	24 000
Dividends	0	0	0	0
Other Current Debt	602 000	988 000	1 044 000	729 000
Total Current Debt	920 000	1 228 000	1 178 000	756 000
Total Equity and Debt	13 673 000	14 494 000	15 231 000	15 737 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,83 %	5,54 %	0,63 %	−7,79 %
Debt-to-Equity Ratio	2,37	2,97	3,45	3,78
Operating Profit Margin	49,86 %	30,6 %	26,32 %	11,56 %
Current Ratio	0,19	0,32	0,41	0,4
Quick Ratio	0,19	0,32	0,41	0,4
Equity Ratio	0,28	0,23	0,21	0,2
Gross Profit Margin	100 %	100 %	100 %	100 %