ELICOM AS

5705 VOSS

Finances

Share Ownership

Return on Equity

9,96 %

Current Ratio

1,73

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 024 000	2 263 000	2 034 000	1 514 000
Net Income	107 000	−141 000	512 000	234 000
Total Assets	2 886 000	2 440 000	2 717 000	1 334 000
Total Equity	1 074 000	968 000	1 109 000	596 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 024 000	2 263 000	2 034 000	1 514 000
Expenditure	1 338 000	1 295 000	868 000	813 000
Operating Profit	166 000	−146 000	638 000	312 000
Financial Income	4 000	4 000	3 000	4 000
Financial Costs	33 000	39 000	49 000	23 000
Financial Balance	−29 000	−35 000	−46 000	−19 000
Earnings Before Tax	137 000	−181 000	591 000	293 000
Tax	30 000	−40 000	79 000	59 000
Net Income	107 000	−141 000	512 000	234 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	643 000	849 000	1 073 000	283 000
Total Current Assets	2 242 000	1 591 000	1 644 000	1 051 000
Total Assets	2 886 000	2 440 000	2 717 000	1 334 000
Total Retained Equity	974 000	868 000	1 009 000	496 000
Total Equity	1 074 000	968 000	1 109 000	596 000
Total Long-Term Debt	513 000	802 000	1 129 000	334 000
Total Current Debt	1 298 000	671 000	479 000	403 000
Total Equity and Debt	2 886 000	2 440 000	2 717 000	1 334 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 024 000	2 263 000	1 990 000	1 514 000
Other Income	0	0	44 000	0
Revenue	3 024 000	2 263 000	2 034 000	1 514 000
Cost of Goods Sold	0	0	0	0
Salary Costs	702 000	645 000	389 000	484 000
Depreciation	269 000	264 000	219 000	116 000
Impairment	0	0	0	0
Expenditure	1 338 000	1 295 000	868 000	813 000
Operating Profit	166 000	−146 000	638 000	312 000
Financial Income	4 000	4 000	3 000	4 000
Financial Costs	33 000	39 000	49 000	23 000
Financial Balance	−29 000	−35 000	−46 000	−19 000
Dividends	0	0	0	0
Net Income	107 000	−141 000	512 000	234 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	74 000	52 000	13 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	569 000	796 000	1 060 000	283 000
Total Tangible Assets	569 000	796 000	1 060 000	283 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	643 000	849 000	1 073 000	283 000
Stock	39 000	101 000	217 000	236 000
Total Investments	0	0	0	0
Cash, Bank	261 000	157 000	52 000	261 000
Total Current Assets	2 242 000	1 591 000	1 644 000	1 051 000
Total Assets	2 886 000	2 440 000	2 717 000	1 334 000
Total Equity	1 074 000	968 000	1 109 000	596 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	513 000	802 000	1 129 000	334 000
Creditors	884 000	397 000	102 000	29 000
Unpaid Taxes	224 000	155 000	237 000	260 000
Dividends	0	0	0	0
Other Current Debt	138 000	119 000	48 000	56 000
Total Current Debt	1 298 000	671 000	479 000	403 000
Total Equity and Debt	2 886 000	2 440 000	2 717 000	1 334 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,96 %	−14,57 %	46,17 %	39,26 %
Debt-to-Equity Ratio	0,48	0,83	1,02	0,56
Operating Profit Margin	5,49 %	−6,45 %	31,37 %	20,61 %
Current Ratio	1,73	2,37	3,43	2,61
Quick Ratio	1,78	2,79	6,27	6,29
Equity Ratio	0,37	0,4	0,41	0,45
Gross Profit Margin	100 %	100 %	100 %	100 %