ELTEX ELVERUM AS

2408 ELVERUM

Finances

Share Ownership

Return on Equity

46,52 %

Current Ratio

1,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 556 000	5 960 000	2 664 000	3 802 000
Net Income	247 000	330 000	−167 000	48 000
Total Assets	1 500 000	1 357 000	606 000	648 000
Total Equity	531 000	324 000	34 000	201 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 556 000	5 960 000	2 664 000	3 802 000
Expenditure	7 259 000	5 744 000	2 862 000	3 744 000
Operating Profit	330 000	344 000	−165 000	60 000
Financial Income	2 000	1 000	1 000	1 000
Financial Costs	2 000	2 000	3 000	1 000
Financial Balance	0	−1 000	−2 000	0
Earnings Before Tax	331 000	343 000	−167 000	59 000
Tax	83 000	44 000	0	12 000
Net Income	247 000	330 000	−167 000	48 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	31 000	1 000	1 000
Total Current Assets	1 478 000	1 325 000	605 000	646 000
Total Assets	1 500 000	1 357 000	606 000	648 000
Total Retained Equity	491 000	284 000	−6 000	161 000
Total Equity	531 000	324 000	34 000	201 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	969 000	1 033 000	572 000	446 000
Total Equity and Debt	1 500 000	1 357 000	606 000	648 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 543 000	5 938 000	2 664 000	3 790 000
Other Income	13 000	22 000	0	12 000
Revenue	7 556 000	5 960 000	2 664 000	3 802 000
Cost of Goods Sold	5 226 000	4 138 000	1 736 000	2 522 000
Salary Costs	1 367 000	1 097 000	659 000	829 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 259 000	5 744 000	2 862 000	3 744 000
Operating Profit	330 000	344 000	−165 000	60 000
Financial Income	2 000	1 000	1 000	1 000
Financial Costs	2 000	2 000	3 000	1 000
Financial Balance	0	−1 000	−2 000	0
Dividends	40 000	40 000	0	0
Net Income	247 000	330 000	−167 000	48 000

Balance details (NOK)	2022	2021	2020	2019
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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	22 000	31 000	1 000	1 000
Total Fixed Assets	22 000	31 000	1 000	1 000
Stock	399 000	366 000	239 000	206 000
Total Investments	0	0	0	0
Cash, Bank	722 000	698 000	286 000	102 000
Total Current Assets	1 478 000	1 325 000	605 000	646 000
Total Assets	1 500 000	1 357 000	606 000	648 000
Total Equity	531 000	324 000	34 000	201 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	314 000	598 000	329 000	193 000
Unpaid Taxes	339 000	165 000	101 000	118 000
Dividends	40 000	40 000	0	0
Other Current Debt	193 000	185 000	142 000	124 000
Total Current Debt	969 000	1 033 000	572 000	446 000
Total Equity and Debt	1 500 000	1 357 000	606 000	648 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,52 %	101,85 %	−491,18 %	23,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,37 %	5,77 %	−6,19 %	1,58 %
Current Ratio	1,53	1,28	1,06	1,45
Quick Ratio	2,59	1,99	1,82	2,69
Equity Ratio	0,35	0,24	0,06	0,31
Gross Profit Margin	30,84 %	30,57 %	34,83 %	33,67 %