ELART METALL AS

3370 VIKERSUND

Finances

Return on Equity

7,08 %

Current Ratio

0,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	692 000	329 000	861 000	630 000
Net Income	226 000	401 000	211 000	−57 000
Total Assets	6 229 000	6 153 000	6 118 000	6 100 000
Total Equity	3 191 000	3 266 000	3 165 000	3 454 000

Income (NOK)	2022	2021	2020	2019
Revenue	692 000	329 000	861 000	630 000
Expenditure	719 000	614 000	962 000	991 000
Operating Profit	−28 000	−285 000	−102 000	−361 000
Financial Income	362 000	853 000	336 000	373 000
Financial Costs	89 000	128 000	25 000	134 000
Financial Balance	273 000	725 000	311 000	239 000
Earnings Before Tax	245 000	440 000	209 000	−122 000
Tax	19 000	39 000	−2 000	−66 000
Net Income	226 000	401 000	211 000	−57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 687 000	5 469 000	5 496 000	5 558 000
Total Current Assets	541 000	683 000	622 000	542 000
Total Assets	6 229 000	6 153 000	6 118 000	6 100 000
Total Retained Equity	2 766 000	2 840 000	2 740 000	3 029 000
Total Equity	3 191 000	3 266 000	3 165 000	3 454 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 037 000	2 887 000	2 953 000	2 646 000
Total Equity and Debt	6 229 000	6 153 000	6 118 000	6 100 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	612 000	329 000	861 000	581 000
Other Income	80 000	0	0	49 000
Revenue	692 000	329 000	861 000	630 000
Cost of Goods Sold	56 000	9 000	437 000	97 000
Salary Costs	364 000	363 000	299 000	672 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	719 000	614 000	962 000	991 000
Operating Profit	−28 000	−285 000	−102 000	−361 000
Financial Income	362 000	853 000	336 000	373 000
Financial Costs	89 000	128 000	25 000	134 000
Financial Balance	273 000	725 000	311 000	239 000
Dividends	0	0	0	0
Net Income	226 000	401 000	211 000	−57 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	453 000	473 000	512 000	510 000
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	5 234 000	4 997 000	4 984 000	5 048 000
Total Fixed Assets	5 687 000	5 469 000	5 496 000	5 558 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	351 000	637 000	202 000	420 000
Total Current Assets	541 000	683 000	622 000	542 000
Total Assets	6 229 000	6 153 000	6 118 000	6 100 000
Total Equity	3 191 000	3 266 000	3 165 000	3 454 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	31 000	−16 000	203 000	12 000
Unpaid Taxes	26 000	25 000	68 000	52 000
Dividends	0	0	0	0
Other Current Debt	2 980 000	2 878 000	2 681 000	2 582 000
Total Current Debt	3 037 000	2 887 000	2 953 000	2 646 000
Total Equity and Debt	6 229 000	6 153 000	6 118 000	6 100 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,08 %	12,28 %	6,67 %	−1,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,05 %	−86,63 %	−11,85 %	−57,3 %
Current Ratio	0,18	0,24	0,21	0,2
Quick Ratio	0,18	0,24	0,21	0,2
Equity Ratio	0,51	0,53	0,52	0,57
Gross Profit Margin	91,91 %	97,26 %	49,25 %	84,6 %