ELSERO AS

0283 OSLO

Finances

Share Ownership

Return on Equity

−17,32 %

Current Ratio

2,85

Debt-to-Equity Ratio

2,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	603 000	574 000	757 000	638 000
Net Income	−878 000	−949 000	−590 000	−1 171 000
Total Assets	21 001 000	17 750 000	19 095 000	18 150 000
Total Equity	5 068 000	3 550 000	4 499 000	4 072 000

Income (NOK)	2022	2021	2020	2019
Revenue	603 000	574 000	757 000	638 000
Expenditure	1 329 000	1 488 000	1 142 000	1 624 000
Operating Profit	−726 000	−913 000	−385 000	−986 000
Financial Income	−3 000	0	0	1 000
Financial Costs	396 000	304 000	371 000	516 000
Financial Balance	−399 000	−304 000	−371 000	−515 000
Earnings Before Tax	−1 125 000	−1 217 000	−756 000	−1 501 000
Tax	−248 000	−268 000	−166 000	−330 000
Net Income	−878 000	−949 000	−590 000	−1 171 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 881 000	17 350 000	17 463 000	17 828 000
Total Current Assets	3 119 000	401 000	1 632 000	322 000
Total Assets	21 001 000	17 750 000	19 095 000	18 150 000
Total Retained Equity	569 000	−949 000	0	0
Total Equity	5 068 000	3 550 000	4 499 000	4 072 000
Total Long-Term Debt	14 840 000	13 385 000	14 166 000	13 468 000
Total Current Debt	1 093 000	816 000	430 000	610 000
Total Equity and Debt	21 001 000	17 750 000	19 095 000	18 150 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	757 000	638 000
Other Income	603 000	574 000	0	0
Revenue	603 000	574 000	757 000	638 000
Cost of Goods Sold	0	0	0	0
Salary Costs	133 000	59 000	0	0
Depreciation	348 000	345 000	365 000	369 000
Impairment	0	0	0	0
Expenditure	1 329 000	1 488 000	1 142 000	1 624 000
Operating Profit	−726 000	−913 000	−385 000	−986 000
Financial Income	−3 000	0	0	1 000
Financial Costs	396 000	304 000	371 000	516 000
Financial Balance	−399 000	−304 000	−371 000	−515 000
Dividends	0	0	0	0
Net Income	−878 000	−949 000	−590 000	−1 171 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	17 762 000	17 290 000	17 394 000	17 728 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	119 000	60 000	69 000	100 000
Total Tangible Assets	17 881 000	17 350 000	17 463 000	17 828 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 881 000	17 350 000	17 463 000	17 828 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	385 000	208 000	322 000
Total Current Assets	3 119 000	401 000	1 632 000	322 000
Total Assets	21 001 000	17 750 000	19 095 000	18 150 000
Total Equity	5 068 000	3 550 000	4 499 000	4 072 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 840 000	13 385 000	14 166 000	13 468 000
Creditors	772 000	0	51 000	54 000
Unpaid Taxes	0	32 000	22 000	7 000
Dividends	0	0	0	0
Other Current Debt	321 000	784 000	358 000	548 000
Total Current Debt	1 093 000	816 000	430 000	610 000
Total Equity and Debt	21 001 000	17 750 000	19 095 000	18 150 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,32 %	−26,73 %	−13,11 %	−28,76 %
Debt-to-Equity Ratio	2,93	3,77	3,15	3,31
Operating Profit Margin	−120,4 %	−159,06 %	−50,86 %	−154,55 %
Current Ratio	2,85	0,49	3,8	0,53
Quick Ratio	2,85	0,49	3,8	0,53
Equity Ratio	0,24	0,2	0,24	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %