ELITE TRAINING GROUP AS

3188 HORTEN

Finances

Share Ownership

Return on Equity

212,9 %

Current Ratio

1,46

Debt-to-Equity Ratio

2,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 061 000	1 207 000	1 166 000	1 222 000
Net Income	66 000	−26 000	5 000	−67 000
Total Assets	180 000	183 000	155 000	96 000
Total Equity	31 000	−35 000	−9 000	−44 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 061 000	1 207 000	1 166 000	1 222 000
Expenditure	994 000	1 230 000	1 162 000	1 285 000
Operating Profit	68 000	−23 000	4 000	−63 000
Financial Income	0	1 000	2 000	0
Financial Costs	2 000	3 000	2 000	4 000
Financial Balance	−2 000	−2 000	0	−4 000
Earnings Before Tax	66 000	−26 000	5 000	−67 000
Tax	0	0	0	0
Net Income	66 000	−26 000	5 000	−67 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	72 000	72 000	72 000	0
Total Current Assets	108 000	111 000	83 000	96 000
Total Assets	180 000	183 000	155 000	96 000
Total Retained Equity	−29 000	−94 000	−69 000	−74 000
Total Equity	31 000	−35 000	−9 000	−44 000
Total Long-Term Debt	75 000	84 000	93 000	14 000
Total Current Debt	74 000	133 000	71 000	125 000
Total Equity and Debt	180 000	183 000	155 000	96 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 035 000	1 127 000	1 119 000	1 140 000
Other Income	26 000	81 000	47 000	81 000
Revenue	1 061 000	1 207 000	1 166 000	1 222 000
Cost of Goods Sold	108 000	70 000	40 000	111 000
Salary Costs	111 000	302 000	157 000	148 000
Depreciation	0	0	0	10 000
Impairment	0	0	0	0
Expenditure	994 000	1 230 000	1 162 000	1 285 000
Operating Profit	68 000	−23 000	4 000	−63 000
Financial Income	0	1 000	2 000	0
Financial Costs	2 000	3 000	2 000	4 000
Financial Balance	−2 000	−2 000	0	−4 000
Dividends	0	0	0	0
Net Income	66 000	−26 000	5 000	−67 000

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	72 000	72 000	72 000	0
Total Fixed Assets	72 000	72 000	72 000	0
Stock	19 000	0	5 000	8 000
Total Investments	0	0	0	0
Cash, Bank	50 000	73 000	18 000	15 000
Total Current Assets	108 000	111 000	83 000	96 000
Total Assets	180 000	183 000	155 000	96 000
Total Equity	31 000	−35 000	−9 000	−44 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	75 000	84 000	93 000	14 000
Creditors	54 000	50 000	38 000	42 000
Unpaid Taxes	8 000	32 000	9 000	13 000
Dividends	0	0	0	0
Other Current Debt	12 000	51 000	23 000	69 000
Total Current Debt	74 000	133 000	71 000	125 000
Total Equity and Debt	180 000	183 000	155 000	96 000

Financial indicators	2022	2021	2020	2019
Return on Equity	212,9 %	74,29 %	−55,56 %	152,27 %
Debt-to-Equity Ratio	2,42	−2,4	−10,33	−0,32
Operating Profit Margin	6,41 %	−1,91 %	0,34 %	−5,16 %
Current Ratio	1,46	0,83	1,17	0,77
Quick Ratio	1,96	0,83	1,26	0,82
Equity Ratio	0,17	−0,19	−0,06	−0,46
Gross Profit Margin	89,82 %	94,2 %	96,57 %	90,92 %