ELVESETER AS

2687 BØVERDALEN

Finances

Return on Equity

−55,49 %

Current Ratio

1,68

Debt-to-Equity Ratio

1,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 144 000	10 192 000	8 484 000	10 033 000
Net Income	−1 254 000	596 000	427 000	215 000
Total Assets	7 595 000	8 179 000	8 283 000	8 073 000
Total Equity	2 260 000	3 514 000	2 918 000	2 491 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 144 000	10 192 000	8 484 000	10 033 000
Expenditure	10 288 000	9 500 000	7 955 000	9 702 000
Operating Profit	−1 144 000	691 000	529 000	331 000
Financial Income	2 000	2 000	3 000	3 000
Financial Costs	112 000	97 000	106 000	119 000
Financial Balance	−110 000	−95 000	−103 000	−116 000
Earnings Before Tax	−1 254 000	596 000	427 000	215 000
Tax	0	0	0	0
Net Income	−1 254 000	596 000	427 000	215 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 934 000	4 687 000	4 888 000	5 275 000
Total Current Assets	2 661 000	3 492 000	3 394 000	2 798 000
Total Assets	7 595 000	8 179 000	8 283 000	8 073 000
Total Retained Equity	760 000	2 014 000	1 418 000	991 000
Total Equity	2 260 000	3 514 000	2 918 000	2 491 000
Total Long-Term Debt	3 750 000	3 449 000	3 950 000	4 335 000
Total Current Debt	1 585 000	1 215 000	1 414 000	1 246 000
Total Equity and Debt	7 595 000	8 179 000	8 283 000	8 073 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 020 000	10 063 000	8 386 000	9 916 000
Other Income	124 000	129 000	97 000	117 000
Revenue	9 144 000	10 192 000	8 484 000	10 033 000
Cost of Goods Sold	1 906 000	1 809 000	1 720 000	1 841 000
Salary Costs	5 237 000	4 422 000	3 625 000	4 844 000
Depreciation	367 000	375 000	387 000	384 000
Impairment	0	0	0	0
Expenditure	10 288 000	9 500 000	7 955 000	9 702 000
Operating Profit	−1 144 000	691 000	529 000	331 000
Financial Income	2 000	2 000	3 000	3 000
Financial Costs	112 000	97 000	106 000	119 000
Financial Balance	−110 000	−95 000	−103 000	−116 000
Dividends	0	0	0	0
Net Income	−1 254 000	596 000	427 000	215 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	21 000	25 000	29 000	33 000
Real Eastate	4 558 000	4 416 000	4 659 000	4 988 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	300 000	191 000	146 000	199 000
Total Tangible Assets	4 859 000	4 607 000	4 805 000	5 187 000
Total Fiancial Fixed Assets	54 000	54 000	54 000	54 000
Total Fixed Assets	4 934 000	4 687 000	4 888 000	5 275 000
Stock	462 000	393 000	306 000	296 000
Total Investments	0	0	0	0
Cash, Bank	1 984 000	2 854 000	2 934 000	2 138 000
Total Current Assets	2 661 000	3 492 000	3 394 000	2 798 000
Total Assets	7 595 000	8 179 000	8 283 000	8 073 000
Total Equity	2 260 000	3 514 000	2 918 000	2 491 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 750 000	3 449 000	3 950 000	4 335 000
Creditors	359 000	197 000	523 000	190 000
Unpaid Taxes	442 000	168 000	151 000	190 000
Dividends	0	0	0	0
Other Current Debt	784 000	850 000	740 000	866 000
Total Current Debt	1 585 000	1 215 000	1 414 000	1 246 000
Total Equity and Debt	7 595 000	8 179 000	8 283 000	8 073 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−55,49 %	16,96 %	14,63 %	8,63 %
Debt-to-Equity Ratio	1,66	0,98	1,35	1,74
Operating Profit Margin	−12,51 %	6,78 %	6,24 %	3,3 %
Current Ratio	1,68	2,87	2,4	2,25
Quick Ratio	2,37	4,25	3,06	2,95
Equity Ratio	0,3	0,43	0,35	0,31
Gross Profit Margin	79,16 %	82,25 %	79,73 %	81,65 %