ELSTAD HOLDING AS

2040 KLØFTA

Finances

Return on Equity

34,4 %

Current Ratio

1,22

Debt-to-Equity Ratio

0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	531 362 000	361 649 000	276 092 000	300 121 000
Net Income	14 663 000	10 454 000	8 581 000	6 838 000
Total Assets	143 193 000	117 062 000	85 544 000	107 331 000
Total Equity	42 626 000	32 451 000	26 486 000	22 360 000

Income (NOK)	2022	2021	2020	2019
Revenue	531 362 000	361 649 000	276 092 000	300 121 000
Expenditure	511 569 000	347 478 000	264 185 000	290 148 000
Operating Profit	19 794 000	14 170 000	11 907 000	9 974 000
Financial Income	105 000	99 000	117 000	128 000
Financial Costs	1 083 000	852 000	1 007 000	1 321 000
Financial Balance	−978 000	−753 000	−890 000	−1 193 000
Earnings Before Tax	18 816 000	13 417 000	11 017 000	8 781 000
Tax	4 153 000	2 964 000	2 436 000	1 943 000
Net Income	14 663 000	10 454 000	8 581 000	6 838 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 921 000	45 023 000	43 466 000	47 083 000
Total Current Assets	96 272 000	72 039 000	42 078 000	60 248 000
Total Assets	143 193 000	117 062 000	85 544 000	107 331 000
Total Retained Equity	41 958 000	31 783 000	25 817 000	21 692 000
Total Equity	42 626 000	32 451 000	26 486 000	22 360 000
Total Long-Term Debt	21 852 000	21 714 000	21 673 000	26 487 000
Total Current Debt	78 715 000	62 897 000	37 386 000	58 484 000
Total Equity and Debt	143 193 000	117 062 000	85 544 000	107 331 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	529 307 000	359 911 000	274 298 000	300 121 000
Other Income	2 055 000	1 738 000	1 794 000	0
Revenue	531 362 000	361 649 000	276 092 000	300 121 000
Cost of Goods Sold	480 820 000	320 424 000	237 786 000	263 801 000
Salary Costs	12 084 000	10 731 000	10 257 000	11 401 000
Depreciation	4 133 000	4 036 000	3 935 000	4 134 000
Impairment	0	0	0	0
Expenditure	511 569 000	347 478 000	264 185 000	290 148 000
Operating Profit	19 794 000	14 170 000	11 907 000	9 974 000
Financial Income	105 000	99 000	117 000	128 000
Financial Costs	1 083 000	852 000	1 007 000	1 321 000
Financial Balance	−978 000	−753 000	−890 000	−1 193 000
Dividends	4 500 000	4 500 000	4 500 000	4 000 000
Net Income	14 663 000	10 454 000	8 581 000	6 838 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	29 089 000	29 310 000	29 938 000	30 581 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 831 000	15 712 000	13 527 000	16 500 000
Total Tangible Assets	46 920 000	45 022 000	43 465 000	47 082 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	46 921 000	45 023 000	43 466 000	47 083 000
Stock	10 358 000	8 660 000	5 900 000	6 162 000
Total Investments	0	0	0	0
Cash, Bank	29 955 000	24 222 000	14 282 000	28 083 000
Total Current Assets	96 272 000	72 039 000	42 078 000	60 248 000
Total Assets	143 193 000	117 062 000	85 544 000	107 331 000
Total Equity	42 626 000	32 451 000	26 486 000	22 360 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 852 000	21 714 000	21 673 000	26 487 000
Creditors	64 558 000	51 682 000	27 489 000	48 931 000
Unpaid Taxes	3 053 000	1 674 000	928 000	1 502 000
Dividends	4 500 000	4 500 000	4 500 000	4 000 000
Other Current Debt	2 536 000	2 120 000	1 964 000	2 134 000
Total Current Debt	78 715 000	62 897 000	37 386 000	58 484 000
Total Equity and Debt	143 193 000	117 062 000	85 544 000	107 331 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,4 %	32,21 %	32,4 %	30,58 %
Debt-to-Equity Ratio	0,51	0,67	0,82	1,18
Operating Profit Margin	3,73 %	3,92 %	4,31 %	3,32 %
Current Ratio	1,22	1,15	1,13	1,03
Quick Ratio	1,41	1,33	1,34	1,15
Equity Ratio	0,3	0,28	0,31	0,21
Gross Profit Margin	9,51 %	11,4 %	13,87 %	12,1 %