ELS NORGE AS

0484 OSLO

Finances

Return on Equity

29,8 %

Current Ratio

2,05

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 992 000	10 017 000	8 347 000	7 439 000
Net Income	1 171 000	949 000	1 283 000	631 000
Total Assets	9 022 000	7 792 000	4 091 000	4 967 000
Total Equity	3 929 000	2 757 000	1 808 000	3 526 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 992 000	10 017 000	8 347 000	7 439 000
Expenditure	8 489 000	8 815 000	6 711 000	6 639 000
Operating Profit	1 503 000	1 203 000	1 636 000	801 000
Financial Income	11 000	17 000	12 000	11 000
Financial Costs	12 000	0	1 000	0
Financial Balance	−1 000	17 000	11 000	11 000
Earnings Before Tax	1 502 000	1 219 000	1 647 000	811 000
Tax	330 000	270 000	364 000	180 000
Net Income	1 171 000	949 000	1 283 000	631 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 540 000	40 000	40 000	40 000
Total Current Assets	7 481 000	7 752 000	4 051 000	4 927 000
Total Assets	9 022 000	7 792 000	4 091 000	4 967 000
Total Retained Equity	3 429 000	2 257 000	1 308 000	3 026 000
Total Equity	3 929 000	2 757 000	1 808 000	3 526 000
Total Long-Term Debt	1 450 000	0	0	0
Total Current Debt	3 643 000	5 035 000	2 282 000	1 442 000
Total Equity and Debt	9 022 000	7 792 000	4 091 000	4 967 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 992 000	10 017 000	8 347 000	7 439 000
Other Income	0	0	0	0
Revenue	9 992 000	10 017 000	8 347 000	7 439 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 577 000	1 716 000	1 179 000	1 055 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 489 000	8 815 000	6 711 000	6 639 000
Operating Profit	1 503 000	1 203 000	1 636 000	801 000
Financial Income	11 000	17 000	12 000	11 000
Financial Costs	12 000	0	1 000	0
Financial Balance	−1 000	17 000	11 000	11 000
Dividends	0	0	3 000 000	0
Net Income	1 171 000	949 000	1 283 000	631 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 450 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	90 000	40 000	40 000	40 000
Total Fixed Assets	1 540 000	40 000	40 000	40 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 481 000	2 570 000	3 108 000	2 029 000
Total Current Assets	7 481 000	7 752 000	4 051 000	4 927 000
Total Assets	9 022 000	7 792 000	4 091 000	4 967 000
Total Equity	3 929 000	2 757 000	1 808 000	3 526 000
Short-Term Group Debt	0	0	49 000	0
Total Long-Term Debt	1 450 000	0	0	0
Creditors	2 977 000	4 277 000	1 614 000	1 212 000
Unpaid Taxes	248 000	343 000	220 000	0
Dividends	0	0	3 000 000	0
Other Current Debt	88 000	145 000	35 000	50 000
Total Current Debt	3 643 000	5 035 000	2 282 000	1 442 000
Total Equity and Debt	9 022 000	7 792 000	4 091 000	4 967 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,8 %	34,42 %	70,96 %	17,9 %
Debt-to-Equity Ratio	0,37	0	0	0
Operating Profit Margin	15,04 %	12,01 %	19,6 %	10,77 %
Current Ratio	2,05	1,54	1,78	3,42
Quick Ratio	2,05	1,54	1,78	3,42
Equity Ratio	0,44	0,35	0,44	0,71
Gross Profit Margin	100 %	100 %	100 %	100 %