ELGEN EIENDOM AS

2020 SKEDSMOKORSET

Finances

Return on Equity

12,1 %

Current Ratio

2,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	894 000	771 000	790 000	741 000
Net Income	172 000	411 000	155 000	292 000
Total Assets	1 820 000	1 819 000	1 819 000	2 220 000
Total Equity	1 422 000	1 399 000	1 138 000	1 483 000

Income (NOK)	2022	2021	2020	2019
Revenue	894 000	771 000	790 000	741 000
Expenditure	600 000	302 000	608 000	333 000
Operating Profit	294 000	469 000	183 000	408 000
Financial Income	20 000	54 000	25 000	8 000
Financial Costs	62 000	0	0	24 000
Financial Balance	−42 000	54 000	25 000	−16 000
Earnings Before Tax	252 000	524 000	207 000	392 000
Tax	80 000	113 000	52 000	100 000
Net Income	172 000	411 000	155 000	292 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	833 000	961 000	1 088 000	1 219 000
Total Current Assets	988 000	859 000	731 000	1 001 000
Total Assets	1 820 000	1 819 000	1 819 000	2 220 000
Total Retained Equity	1 166 000	1 143 000	882 000	1 227 000
Total Equity	1 422 000	1 399 000	1 138 000	1 483 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	399 000	420 000	680 000	737 000
Total Equity and Debt	1 820 000	1 819 000	1 819 000	2 220 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	894 000	771 000	790 000	741 000
Revenue	894 000	771 000	790 000	741 000
Cost of Goods Sold	0	0	0	0
Salary Costs	72 000	38 000	3 000	4 000
Depreciation	128 000	128 000	131 000	131 000
Impairment	0	0	0	0
Expenditure	600 000	302 000	608 000	333 000
Operating Profit	294 000	469 000	183 000	408 000
Financial Income	20 000	54 000	25 000	8 000
Financial Costs	62 000	0	0	24 000
Financial Balance	−42 000	54 000	25 000	−16 000
Dividends	150 000	150 000	500 000	500 000
Net Income	172 000	411 000	155 000	292 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	818 000	938 000	1 059 000	1 179 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	22 000	29 000	39 000
Total Tangible Assets	833 000	961 000	1 088 000	1 219 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	833 000	961 000	1 088 000	1 219 000
Stock	0	0	0	0
Total Investments	72 000	133 000	85 000	72 000
Cash, Bank	834 000	682 000	597 000	898 000
Total Current Assets	988 000	859 000	731 000	1 001 000
Total Assets	1 820 000	1 819 000	1 819 000	2 220 000
Total Equity	1 422 000	1 399 000	1 138 000	1 483 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	0	36 000	0
Unpaid Taxes	134 000	156 000	92 000	136 000
Dividends	150 000	150 000	500 000	500 000
Other Current Debt	33 000	1 000	1 000	1 000
Total Current Debt	399 000	420 000	680 000	737 000
Total Equity and Debt	1 820 000	1 819 000	1 819 000	2 220 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,1 %	29,38 %	13,62 %	19,69 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	32,89 %	60,83 %	23,16 %	55,06 %
Current Ratio	2,48	2,05	1,08	1,36
Quick Ratio	2,48	2,05	1,08	1,36
Equity Ratio	0,78	0,77	0,63	0,67
Gross Profit Margin	100 %	100 %	100 %	100 %