ELVEVEIEN 38 REAL ESTATE AS

3262 LARVIK

Finances

Share Ownership

Return on Equity

19,55 %

Current Ratio

1,44

Debt-to-Equity Ratio

5,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 115 000	1 093 000	1 072 000	1 051 000
Net Income	250 000	233 000	215 000	193 000
Total Assets	8 316 000	10 871 000	10 635 000	10 380 000
Total Equity	1 279 000	1 030 000	797 000	582 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 115 000	1 093 000	1 072 000	1 051 000
Expenditure	430 000	408 000	416 000	423 000
Operating Profit	685 000	685 000	655 000	628 000
Financial Income	20 000	0	8 000	7 000
Financial Costs	384 000	387 000	388 000	387 000
Financial Balance	−364 000	−387 000	−380 000	−380 000
Earnings Before Tax	320 000	298 000	275 000	248 000
Tax	70 000	66 000	61 000	54 000
Net Income	250 000	233 000	215 000	193 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 066 000	8 432 000	8 797 000	9 163 000
Total Current Assets	250 000	2 440 000	1 838 000	1 217 000
Total Assets	8 316 000	10 871 000	10 635 000	10 380 000
Total Retained Equity	1 179 000	930 000	697 000	482 000
Total Equity	1 279 000	1 030 000	797 000	582 000
Total Long-Term Debt	6 863 000	9 690 000	9 706 000	9 717 000
Total Current Debt	174 000	151 000	132 000	81 000
Total Equity and Debt	8 316 000	10 871 000	10 635 000	10 380 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 115 000	1 093 000	1 072 000	1 051 000
Other Income	0	0	0	0
Revenue	1 115 000	1 093 000	1 072 000	1 051 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	366 000	366 000	366 000	366 000
Impairment	0	0	0	0
Expenditure	430 000	408 000	416 000	423 000
Operating Profit	685 000	685 000	655 000	628 000
Financial Income	20 000	0	8 000	7 000
Financial Costs	384 000	387 000	388 000	387 000
Financial Balance	−364 000	−387 000	−380 000	−380 000
Dividends	0	0	0	0
Net Income	250 000	233 000	215 000	193 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 066 000	8 432 000	8 797 000	9 163 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 066 000	8 432 000	8 797 000	9 163 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 066 000	8 432 000	8 797 000	9 163 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	250 000	2 440 000	1 838 000	1 217 000
Total Assets	8 316 000	10 871 000	10 635 000	10 380 000
Total Equity	1 279 000	1 030 000	797 000	582 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 863 000	9 690 000	9 706 000	9 717 000
Creditors	26 000	9 000	0	0
Unpaid Taxes	44 000	44 000	43 000	41 000
Dividends	0	0	0	0
Other Current Debt	14 000	17 000	17 000	17 000
Total Current Debt	174 000	151 000	132 000	81 000
Total Equity and Debt	8 316 000	10 871 000	10 635 000	10 380 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,55 %	22,62 %	26,98 %	33,16 %
Debt-to-Equity Ratio	5,37	9,41	12,18	16,7
Operating Profit Margin	61,43 %	62,67 %	61,1 %	59,75 %
Current Ratio	1,44	16,16	13,92	15,02
Quick Ratio	1,44	16,16	13,92	15,02
Equity Ratio	0,15	0,09	0,07	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %