ELEGIT AS

6413 MOLDE

Finances

Share Ownership

Return on Equity

36,92 %

Current Ratio

0,18

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	3 173 000	3 192 000	2 547 000	1 867 000
Net Income	−487 000	287 000	−170 000	−186 000
Total Assets	307 000	973 000	820 000	299 000
Total Equity	−1 319 000	−832 000	−1 119 000	−949 000

Income (NOK)	2021	2020	2019	2018
Revenue	3 173 000	3 192 000	2 547 000	1 867 000
Expenditure	3 575 000	2 850 000	2 669 000	1 994 000
Operating Profit	−403 000	341 000	−123 000	−127 000
Financial Income	0	0	0	0
Financial Costs	84 000	54 000	47 000	59 000
Financial Balance	−84 000	−54 000	−47 000	−59 000
Earnings Before Tax	−487 000	287 000	−170 000	−186 000
Tax	0	0	0	0
Net Income	−487 000	287 000	−170 000	−186 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	20 000	35 000	26 000	35 000
Total Current Assets	287 000	938 000	794 000	264 000
Total Assets	307 000	973 000	820 000	299 000
Total Retained Equity	−1 349 000	−862 000	−1 149 000	−979 000
Total Equity	−1 319 000	−832 000	−1 119 000	−949 000
Total Long-Term Debt	0	9 000	64 000	118 000
Total Current Debt	1 626 000	1 796 000	1 876 000	1 130 000
Total Equity and Debt	307 000	973 000	820 000	299 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	2 993 000	3 371 000	2 547 000	1 867 000
Other Income	180 000	−180 000	0	0
Revenue	3 173 000	3 192 000	2 547 000	1 867 000
Cost of Goods Sold	916 000	939 000	265 000	582 000
Salary Costs	1 632 000	1 054 000	1 582 000	772 000
Depreciation	14 000	10 000	8 000	12 000
Impairment	0	0	0	0
Expenditure	3 575 000	2 850 000	2 669 000	1 994 000
Operating Profit	−403 000	341 000	−123 000	−127 000
Financial Income	0	0	0	0
Financial Costs	84 000	54 000	47 000	59 000
Financial Balance	−84 000	−54 000	−47 000	−59 000
Dividends	0	0	0	0
Net Income	−487 000	287 000	−170 000	−186 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	35 000	26 000	35 000
Total Tangible Assets	20 000	35 000	26 000	35 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 000	35 000	26 000	35 000
Stock	0	0	7 000	7 000
Total Investments	0	0	0	0
Cash, Bank	7 000	7 000	181 000	6 000
Total Current Assets	287 000	938 000	794 000	264 000
Total Assets	307 000	973 000	820 000	299 000
Total Equity	−1 319 000	−832 000	−1 119 000	−949 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	9 000	64 000	118 000
Creditors	679 000	382 000	407 000	390 000
Unpaid Taxes	717 000	659 000	936 000	134 000
Dividends	0	0	0	0
Other Current Debt	184 000	299 000	267 000	212 000
Total Current Debt	1 626 000	1 796 000	1 876 000	1 130 000
Total Equity and Debt	307 000	973 000	820 000	299 000

Financial indicators	2021	2020	2019	2018
Return on Equity	36,92 %	−34,5 %	15,19 %	19,6 %
Debt-to-Equity Ratio	−0	−0,01	−0,06	−0,12
Operating Profit Margin	−12,7 %	10,68 %	−4,83 %	−6,8 %
Current Ratio	0,18	0,52	0,42	0,23
Quick Ratio	0,18	0,52	0,42	0,24
Equity Ratio	−4,3	−0,86	−1,36	−3,17
Gross Profit Margin	71,13 %	70,58 %	89,6 %	68,83 %