ELLING AARSETH & CO AS

6002 ÅLESUND

Finances

Return on Equity

−2,87 %

Current Ratio

23,5

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 827 000	4 446 000	4 196 000	4 622 000
Net Income	−2 211 000	4 414 000	−139 000	5 354 000
Total Assets	93 422 000	96 004 000	91 100 000	88 815 000
Total Equity	77 084 000	79 294 000	74 881 000	75 019 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 827 000	4 446 000	4 196 000	4 622 000
Expenditure	3 887 000	4 647 000	8 101 000	6 260 000
Operating Profit	940 000	−201 000	−3 905 000	−1 638 000
Financial Income	141 000	5 136 000	4 238 000	7 459 000
Financial Costs	3 291 000	521 000	472 000	467 000
Financial Balance	−3 150 000	4 615 000	3 766 000	6 992 000
Earnings Before Tax	−2 211 000	4 414 000	−139 000	5 354 000
Tax	0	0	0	0
Net Income	−2 211 000	4 414 000	−139 000	5 354 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 788 000	25 915 000	26 062 000	26 210 000
Total Current Assets	67 634 000	70 089 000	65 038 000	62 606 000
Total Assets	93 422 000	96 004 000	91 100 000	88 815 000
Total Retained Equity	77 011 000	79 221 000	74 808 000	74 946 000
Total Equity	77 084 000	79 294 000	74 881 000	75 019 000
Total Long-Term Debt	13 461 000	13 465 000	13 465 000	12 715 000
Total Current Debt	2 878 000	3 245 000	2 755 000	1 081 000
Total Equity and Debt	93 422 000	96 004 000	91 100 000	88 815 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 827 000	4 446 000	4 196 000	4 622 000
Revenue	4 827 000	4 446 000	4 196 000	4 622 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 126 000	1 888 000	2 596 000	2 431 000
Depreciation	158 000	148 000	148 000	941 000
Impairment	0	0	0	0
Expenditure	3 887 000	4 647 000	8 101 000	6 260 000
Operating Profit	940 000	−201 000	−3 905 000	−1 638 000
Financial Income	141 000	5 136 000	4 238 000	7 459 000
Financial Costs	3 291 000	521 000	472 000	467 000
Financial Balance	−3 150 000	4 615 000	3 766 000	6 992 000
Dividends	0	0	0	0
Net Income	−2 211 000	4 414 000	−139 000	5 354 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	872 000	971 000	1 070 000	1 169 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	175 000	202 000	251 000	299 000
Total Tangible Assets	1 047 000	1 173 000	1 321 000	1 468 000
Total Fiancial Fixed Assets	24 742 000	24 742 000	24 742 000	24 742 000
Total Fixed Assets	25 788 000	25 915 000	26 062 000	26 210 000
Stock	0	0	0	0
Total Investments	63 553 000	66 180 000	61 168 000	59 916 000
Cash, Bank	3 272 000	3 448 000	939 000	1 785 000
Total Current Assets	67 634 000	70 089 000	65 038 000	62 606 000
Total Assets	93 422 000	96 004 000	91 100 000	88 815 000
Total Equity	77 084 000	79 294 000	74 881 000	75 019 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 461 000	13 465 000	13 465 000	12 715 000
Creditors	512 000	829 000	549 000	464 000
Unpaid Taxes	215 000	157 000	189 000	223 000
Dividends	0	0	0	0
Other Current Debt	294 000	507 000	393 000	394 000
Total Current Debt	2 878 000	3 245 000	2 755 000	1 081 000
Total Equity and Debt	93 422 000	96 004 000	91 100 000	88 815 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,87 %	5,57 %	−0,19 %	7,14 %
Debt-to-Equity Ratio	0,17	0,17	0,18	0,17
Operating Profit Margin	19,47 %	−4,52 %	−93,06 %	−35,44 %
Current Ratio	23,5	21,6	23,61	57,91
Quick Ratio	23,5	21,6	23,61	57,91
Equity Ratio	0,83	0,83	0,82	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %