ELAN NORWAY AS

3178 VÅLE

Finances

Share Ownership

Return on Equity

12,36 %

Current Ratio

3,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 145 000	1 058 000	1 464 000	4 630 000
Net Income	113 000	209 000	215 000	399 000
Total Assets	1 213 000	1 509 000	757 000	826 000
Total Equity	914 000	801 000	592 000	403 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 145 000	1 058 000	1 464 000	4 630 000
Expenditure	4 006 000	793 000	1 189 000	4 120 000
Operating Profit	139 000	264 000	275 000	511 000
Financial Income	8 000	2 000	2 000	3 000
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	7 000	1 000	1 000	2 000
Earnings Before Tax	146 000	265 000	276 000	512 000
Tax	34 000	56 000	61 000	113 000
Net Income	113 000	209 000	215 000	399 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 000	46 000	18 000	0
Total Current Assets	1 179 000	1 463 000	740 000	826 000
Total Assets	1 213 000	1 509 000	757 000	826 000
Total Retained Equity	814 000	701 000	492 000	303 000
Total Equity	914 000	801 000	592 000	403 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	299 000	708 000	165 000	423 000
Total Equity and Debt	1 213 000	1 509 000	757 000	826 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 112 000	469 000	1 461 000	4 610 000
Other Income	32 000	589 000	3 000	21 000
Revenue	4 145 000	1 058 000	1 464 000	4 630 000
Cost of Goods Sold	3 074 000	375 000	639 000	2 973 000
Salary Costs	664 000	254 000	401 000	934 000
Depreciation	13 000	5 000	3 000	0
Impairment	0	0	0	0
Expenditure	4 006 000	793 000	1 189 000	4 120 000
Operating Profit	139 000	264 000	275 000	511 000
Financial Income	8 000	2 000	2 000	3 000
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	7 000	1 000	1 000	2 000
Dividends	0	0	0	0
Net Income	113 000	209 000	215 000	399 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	34 000	46 000	18 000	0
Total Tangible Assets	34 000	46 000	18 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	34 000	46 000	18 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 135 000	1 450 000	728 000	776 000
Total Current Assets	1 179 000	1 463 000	740 000	826 000
Total Assets	1 213 000	1 509 000	757 000	826 000
Total Equity	914 000	801 000	592 000	403 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	6 000	0	3 000
Unpaid Taxes	41 000	46 000	12 000	43 000
Dividends	0	0	0	0
Other Current Debt	219 000	599 000	93 000	312 000
Total Current Debt	299 000	708 000	165 000	423 000
Total Equity and Debt	1 213 000	1 509 000	757 000	826 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,36 %	26,09 %	36,32 %	99,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,35 %	24,95 %	18,78 %	11,04 %
Current Ratio	3,94	2,07	4,48	1,95
Quick Ratio	3,94	2,07	4,48	1,95
Equity Ratio	0,75	0,53	0,78	0,49
Gross Profit Margin	25,84 %	64,56 %	56,35 %	35,79 %