ELMAN AS

7652 VERDAL

Finances

Share Ownership

Return on Equity

42,98 %

Current Ratio

1,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	129 955 000	131 727 000	124 900 000	108 809 000
Net Income	9 903 000	9 812 000	12 198 000	6 987 000
Total Assets	52 648 000	46 923 000	43 551 000	34 607 000
Total Equity	23 041 000	20 138 000	20 325 000	15 127 000

Income (NOK)	2022	2021	2020	2019
Revenue	129 955 000	131 727 000	124 900 000	108 809 000
Expenditure	118 320 000	120 146 000	110 375 000	101 034 000
Operating Profit	11 635 000	11 581 000	14 525 000	7 775 000
Financial Income	351 000	203 000	203 000	277 000
Financial Costs	25 000	10 000	16 000	57 000
Financial Balance	326 000	193 000	187 000	220 000
Earnings Before Tax	11 961 000	11 774 000	14 711 000	7 995 000
Tax	2 058 000	1 962 000	2 513 000	1 008 000
Net Income	9 903 000	9 812 000	12 198 000	6 987 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 386 000	1 512 000	839 000	961 000
Total Current Assets	51 263 000	45 411 000	42 712 000	33 645 000
Total Assets	52 648 000	46 923 000	43 551 000	34 607 000
Total Retained Equity	22 641 000	19 738 000	19 925 000	14 727 000
Total Equity	23 041 000	20 138 000	20 325 000	15 127 000
Total Long-Term Debt	0	470 000	211 000	368 000
Total Current Debt	29 608 000	26 315 000	23 015 000	19 112 000
Total Equity and Debt	52 648 000	46 923 000	43 551 000	34 607 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	129 907 000	131 727 000	124 900 000	108 809 000
Other Income	48 000	0	0	0
Revenue	129 955 000	131 727 000	124 900 000	108 809 000
Cost of Goods Sold	56 689 000	63 776 000	58 858 000	54 325 000
Salary Costs	46 028 000	43 351 000	39 168 000	33 850 000
Depreciation	260 000	307 000	293 000	425 000
Impairment	0	0	0	0
Expenditure	118 320 000	120 146 000	110 375 000	101 034 000
Operating Profit	11 635 000	11 581 000	14 525 000	7 775 000
Financial Income	351 000	203 000	203 000	277 000
Financial Costs	25 000	10 000	16 000	57 000
Financial Balance	326 000	193 000	187 000	220 000
Dividends	0	0	0	0
Net Income	9 903 000	9 812 000	12 198 000	6 987 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	323 000	227 000	250 000	242 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	24 000	32 000	0	0
Fixtures	1 014 000	1 209 000	493 000	604 000
Total Tangible Assets	1 038 000	1 241 000	493 000	604 000
Total Fiancial Fixed Assets	24 000	43 000	95 000	115 000
Total Fixed Assets	1 386 000	1 512 000	839 000	961 000
Stock	6 530 000	6 234 000	4 352 000	4 759 000
Total Investments	0	0	0	0
Cash, Bank	6 783 000	3 479 000	6 710 000	9 289 000
Total Current Assets	51 263 000	45 411 000	42 712 000	33 645 000
Total Assets	52 648 000	46 923 000	43 551 000	34 607 000
Total Equity	23 041 000	20 138 000	20 325 000	15 127 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	470 000	211 000	368 000
Creditors	10 168 000	9 738 000	7 675 000	7 062 000
Unpaid Taxes	9 385 000	8 264 000	7 027 000	6 571 000
Dividends	0	0	0	0
Other Current Debt	7 901 000	6 373 000	5 793 000	4 430 000
Total Current Debt	29 608 000	26 315 000	23 015 000	19 112 000
Total Equity and Debt	52 648 000	46 923 000	43 551 000	34 607 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,98 %	48,72 %	60,01 %	46,19 %
Debt-to-Equity Ratio	0	0,02	0,01	0,02
Operating Profit Margin	8,95 %	8,79 %	11,63 %	7,15 %
Current Ratio	1,73	1,73	1,86	1,76
Quick Ratio	2,22	2,26	2,29	2,34
Equity Ratio	0,44	0,43	0,47	0,44
Gross Profit Margin	56,38 %	51,58 %	52,88 %	50,07 %