ELEMENTARY AS

7033 TRONDHEIM

Finances

Share Ownership

Return on Equity

−8,7 %

Current Ratio

0,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	52 000	0	0
Net Income	−96 000	75 000	−53 000	550 000
Total Assets	1 388 000	1 432 000	2 649 000	2 832 000
Total Equity	1 103 000	1 199 000	1 124 000	1 177 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	52 000	0	0
Expenditure	96 000	−19 000	53 000	−549 000
Operating Profit	−96 000	71 000	−53 000	550 000
Financial Income	0	5 000	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	4 000	0	0
Earnings Before Tax	−96 000	75 000	−53 000	550 000
Tax	0	0	0	0
Net Income	−96 000	75 000	−53 000	550 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 285 000	1 285 000	1 555 000	1 555 000
Total Current Assets	103 000	147 000	1 094 000	1 277 000
Total Assets	1 388 000	1 432 000	2 649 000	2 832 000
Total Retained Equity	73 000	169 000	94 000	147 000
Total Equity	1 103 000	1 199 000	1 124 000	1 177 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	284 000	233 000	1 525 000	1 655 000
Total Equity and Debt	1 388 000	1 432 000	2 649 000	2 832 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	52 000	0	0
Other Income	0	0	0	0
Revenue	0	52 000	0	0
Cost of Goods Sold	55 000	−93 000	0	−651 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	96 000	−19 000	53 000	−549 000
Operating Profit	−96 000	71 000	−53 000	550 000
Financial Income	0	5 000	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	4 000	0	0
Dividends	0	0	0	0
Net Income	−96 000	75 000	−53 000	550 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 285 000	1 285 000	1 555 000	1 555 000
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	0	0	0	0
Total Fixed Assets	1 285 000	1 285 000	1 555 000	1 555 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	0	33 000	142 000
Total Current Assets	103 000	147 000	1 094 000	1 277 000
Total Assets	1 388 000	1 432 000	2 649 000	2 832 000
Total Equity	1 103 000	1 199 000	1 124 000	1 177 000
Short-Term Group Debt	88 000	88 000	100 000	334 000
Total Long-Term Debt	0	0	0	0
Creditors	17 000	43 000	1 096 000	1 151 000
Unpaid Taxes	6 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	173 000	101 000	356 000	169 000
Total Current Debt	284 000	233 000	1 525 000	1 655 000
Total Equity and Debt	1 388 000	1 432 000	2 649 000	2 832 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,7 %	6,26 %	−4,72 %	46,73 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	136,54 %	-	-
Current Ratio	0,36	0,63	0,72	0,77
Quick Ratio	0,36	0,63	0,72	0,77
Equity Ratio	0,79	0,84	0,42	0,42
Gross Profit Margin	-	278,85 %	-	-