ELITE AS

3110 TØNSBERG

Finances

Share Ownership

Return on Equity

16,83 %

Current Ratio

1,47

Debt-to-Equity Ratio

1,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	152 433 000	127 916 000	122 381 000	152 883 000
Net Income	2 183 000	−1 008 000	−9 544 000	2 586 000
Total Assets	73 993 000	64 804 000	63 716 000	65 347 000
Total Equity	12 969 000	10 786 000	11 794 000	23 338 000

Income (NOK)	2022	2021	2020	2019
Revenue	152 433 000	127 916 000	122 381 000	152 883 000
Expenditure	147 958 000	127 746 000	133 185 000	148 626 000
Operating Profit	4 474 000	170 000	−10 804 000	4 258 000
Financial Income	6 000	17 000	0	25 000
Financial Costs	1 681 000	1 478 000	1 431 000	963 000
Financial Balance	−1 675 000	−1 461 000	−1 431 000	−938 000
Earnings Before Tax	2 799 000	−1 292 000	−12 235 000	3 320 000
Tax	616 000	−284 000	−2 691 000	734 000
Net Income	2 183 000	−1 008 000	−9 544 000	2 586 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 827 000	9 629 000	12 005 000	13 072 000
Total Current Assets	63 166 000	55 175 000	51 711 000	52 275 000
Total Assets	73 993 000	64 804 000	63 716 000	65 347 000
Total Retained Equity	4 987 000	2 804 000	3 812 000	15 356 000
Total Equity	12 969 000	10 786 000	11 794 000	23 338 000
Total Long-Term Debt	17 977 000	24 500 000	26 949 000	3 769 000
Total Current Debt	43 048 000	29 518 000	24 973 000	38 240 000
Total Equity and Debt	73 993 000	64 804 000	63 716 000	65 347 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	151 039 000	122 545 000	118 594 000	152 456 000
Other Income	1 393 000	5 371 000	3 787 000	427 000
Revenue	152 433 000	127 916 000	122 381 000	152 883 000
Cost of Goods Sold	68 136 000	60 575 000	62 172 000	68 322 000
Salary Costs	34 755 000	27 799 000	30 141 000	37 597 000
Depreciation	3 918 000	4 223 000	4 366 000	4 715 000
Impairment	0	0	0	0
Expenditure	147 958 000	127 746 000	133 185 000	148 626 000
Operating Profit	4 474 000	170 000	−10 804 000	4 258 000
Financial Income	6 000	17 000	0	25 000
Financial Costs	1 681 000	1 478 000	1 431 000	963 000
Financial Balance	−1 675 000	−1 461 000	−1 431 000	−938 000
Dividends	0	0	0	0
Net Income	2 183 000	−1 008 000	−9 544 000	2 586 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 225 000	1 619 000	1 335 000	1 114 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 601 000	8 009 000	10 669 000	11 957 000
Total Tangible Assets	9 601 000	8 009 000	10 669 000	11 957 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	10 827 000	9 629 000	12 005 000	13 072 000
Stock	47 726 000	37 322 000	44 955 000	48 220 000
Total Investments	0	0	0	0
Cash, Bank	6 129 000	12 440 000	1 190 000	1 459 000
Total Current Assets	63 166 000	55 175 000	51 711 000	52 275 000
Total Assets	73 993 000	64 804 000	63 716 000	65 347 000
Total Equity	12 969 000	10 786 000	11 794 000	23 338 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 977 000	24 500 000	26 949 000	3 769 000
Creditors	27 637 000	17 180 000	12 657 000	18 234 000
Unpaid Taxes	6 751 000	6 244 000	5 210 000	6 814 000
Dividends	0	0	0	0
Other Current Debt	8 437 000	6 094 000	6 080 000	8 123 000
Total Current Debt	43 048 000	29 518 000	24 973 000	38 240 000
Total Equity and Debt	73 993 000	64 804 000	63 716 000	65 347 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,83 %	−9,35 %	−80,92 %	11,08 %
Debt-to-Equity Ratio	1,39	2,27	2,28	0,16
Operating Profit Margin	2,94 %	0,13 %	−8,83 %	2,79 %
Current Ratio	1,47	1,87	2,07	1,37
Quick Ratio	−13,5	−7,07	−2,59	−5,24
Equity Ratio	0,18	0,17	0,19	0,36
Gross Profit Margin	55,3 %	52,64 %	49,2 %	55,31 %