ELITE SYSTEMER AS

4790 LILLESAND

Finances

Return on Equity

245,54 %

Current Ratio

3,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	239 000	337 000	254 000	266 000
Net Income	550 000	63 000	35 000	77 000
Total Assets	256 000	262 000	206 000	182 000
Total Equity	224 000	174 000	111 000	116 000

Income (NOK)	2022	2021	2020	2019
Revenue	239 000	337 000	254 000	266 000
Expenditure	403 000	275 000	214 000	167 000
Operating Profit	−165 000	62 000	39 000	100 000
Financial Income	715 000	20 000	9 000	0
Financial Costs	0	0	0	1 000
Financial Balance	715 000	20 000	9 000	−1 000
Earnings Before Tax	550 000	81 000	48 000	99 000
Tax	0	18 000	13 000	22 000
Net Income	550 000	63 000	35 000	77 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	152 000	125 000	125 000	125 000
Total Current Assets	104 000	137 000	81 000	57 000
Total Assets	256 000	262 000	206 000	182 000
Total Retained Equity	198 000	148 000	84 000	89 000
Total Equity	224 000	174 000	111 000	116 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	31 000	87 000	95 000	66 000
Total Equity and Debt	256 000	262 000	206 000	182 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	239 000	337 000	254 000	266 000
Other Income	0	0	0	0
Revenue	239 000	337 000	254 000	266 000
Cost of Goods Sold	20 000	15 000	10 000	6 000
Salary Costs	4 000	2 000	6 000	4 000
Depreciation	4 000	0	0	0
Impairment	0	0	0	0
Expenditure	403 000	275 000	214 000	167 000
Operating Profit	−165 000	62 000	39 000	100 000
Financial Income	715 000	20 000	9 000	0
Financial Costs	0	0	0	1 000
Financial Balance	715 000	20 000	9 000	−1 000
Dividends	500 000	0	40 000	80 000
Net Income	550 000	63 000	35 000	77 000

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	25 000	0	0	0
Total Tangible Assets	25 000	0	0	0
Total Fiancial Fixed Assets	127 000	125 000	125 000	125 000
Total Fixed Assets	152 000	125 000	125 000	125 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	53 000	77 000	43 000	20 000
Total Current Assets	104 000	137 000	81 000	57 000
Total Assets	256 000	262 000	206 000	182 000
Total Equity	224 000	174 000	111 000	116 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	16 000	1 000	1 000
Unpaid Taxes	27 000	53 000	41 000	43 000
Dividends	500 000	0	40 000	80 000
Other Current Debt	0	0	0	0
Total Current Debt	31 000	87 000	95 000	66 000
Total Equity and Debt	256 000	262 000	206 000	182 000

Financial indicators	2022	2021	2020	2019
Return on Equity	245,54 %	36,21 %	31,53 %	66,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−69,04 %	18,4 %	15,35 %	37,59 %
Current Ratio	3,35	1,57	0,85	0,86
Quick Ratio	3,35	1,57	0,85	0,86
Equity Ratio	0,88	0,66	0,54	0,64
Gross Profit Margin	91,63 %	95,55 %	96,06 %	97,74 %