ELVENESSTRAND EIENDOM AS

8430 MYRE

Finances

Return on Equity

1,99 %

Current Ratio

−29,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	234 000	217 000	226 000	150 000
Net Income	410 000	11 896 000	298 000	157 000
Total Assets	20 080 000	35 102 000	22 844 000	12 489 000
Total Equity	20 592 000	20 182 000	12 286 000	11 988 000

Income (NOK)	2022	2021	2020	2019
Revenue	234 000	217 000	226 000	150 000
Expenditure	177 000	162 000	154 000	82 000
Operating Profit	57 000	55 000	72 000	68 000
Financial Income	377 000	14 115 000	257 000	133 000
Financial Costs	5 000	0	0	0
Financial Balance	372 000	14 115 000	257 000	133 000
Earnings Before Tax	429 000	14 170 000	329 000	201 000
Tax	18 000	2 274 000	31 000	44 000
Net Income	410 000	11 896 000	298 000	157 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 134 000	4 192 000	3 997 000	3 479 000
Total Current Assets	15 946 000	30 910 000	18 846 000	9 010 000
Total Assets	20 080 000	35 102 000	22 844 000	12 489 000
Total Retained Equity	20 485 000	20 075 000	12 179 000	11 881 000
Total Equity	20 592 000	20 182 000	12 286 000	11 988 000
Total Long-Term Debt	22 000	18 000	10 000	0
Total Current Debt	−534 000	14 902 000	10 548 000	501 000
Total Equity and Debt	20 080 000	35 102 000	22 844 000	12 489 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	210 000	210 000	60 000	0
Other Income	24 000	7 000	166 000	150 000
Revenue	234 000	217 000	226 000	150 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	58 000	58 000	58 000	0
Impairment	0	0	0	0
Expenditure	177 000	162 000	154 000	82 000
Operating Profit	57 000	55 000	72 000	68 000
Financial Income	377 000	14 115 000	257 000	133 000
Financial Costs	5 000	0	0	0
Financial Balance	372 000	14 115 000	257 000	133 000
Dividends	0	0	0	0
Net Income	410 000	11 896 000	298 000	157 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	3 000
Real Eastate	2 394 000	2 394 000	2 141 000	2 141 000
Machinery and Plant Facilities	405 000	463 000	521 000	0
Fixtures	0	0	0	0
Total Tangible Assets	2 799 000	2 857 000	2 662 000	2 141 000
Total Fiancial Fixed Assets	1 335 000	1 335 000	1 335 000	1 335 000
Total Fixed Assets	4 134 000	4 192 000	3 997 000	3 479 000
Stock	0	0	0	0
Total Investments	16 520 000	16 175 000	10 188 000	0
Cash, Bank	1 632 000	1 601 000	8 420 000	9 074 000
Total Current Assets	15 946 000	30 910 000	18 846 000	9 010 000
Total Assets	20 080 000	35 102 000	22 844 000	12 489 000
Total Equity	20 592 000	20 182 000	12 286 000	11 988 000
Short-Term Group Debt	0	13 138 000	10 073 000	0
Total Long-Term Debt	22 000	18 000	10 000	0
Creditors	13 000	0	0	0
Unpaid Taxes	6 000	45 000	0	0
Dividends	0	0	0	0
Other Current Debt	−567 000	−547 000	457 000	457 000
Total Current Debt	−534 000	14 902 000	10 548 000	501 000
Total Equity and Debt	20 080 000	35 102 000	22 844 000	12 489 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,99 %	58,94 %	2,43 %	1,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24,36 %	25,35 %	31,86 %	45,33 %
Current Ratio	−29,86	2,07	1,79	17,98
Quick Ratio	−29,86	2,07	1,79	17,98
Equity Ratio	1,03	0,57	0,54	0,96
Gross Profit Margin	100 %	100 %	100 %	100 %