ELEMENTS PRODUCTION AS

5217 HAGAVIK

Finances

Return on Equity

28,13 %

Current Ratio

1,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	994 830 000	503 196 000	373 790 000	397 981 000
Net Income	27 950 000	2 479 000	6 122 000	3 520 000
Total Assets	208 798 000	287 293 000	123 714 000	133 133 000
Total Equity	99 366 000	71 416 000	38 937 000	32 815 000

Income (NOK)	2022	2021	2020	2019
Revenue	994 830 000	503 196 000	373 790 000	397 981 000
Expenditure	952 035 000	495 443 000	360 257 000	389 948 000
Operating Profit	42 795 000	7 753 000	13 533 000	8 033 000
Financial Income	1 532 000	56 000	453 000	404 000
Financial Costs	8 574 000	4 804 000	6 370 000	4 100 000
Financial Balance	−7 042 000	−4 748 000	−5 917 000	−3 696 000
Earnings Before Tax	35 753 000	3 004 000	7 616 000	4 337 000
Tax	7 803 000	526 000	1 495 000	817 000
Net Income	27 950 000	2 479 000	6 122 000	3 520 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 943 000	40 597 000	21 084 000	18 198 000
Total Current Assets	155 856 000	246 696 000	102 630 000	114 935 000
Total Assets	208 798 000	287 293 000	123 714 000	133 133 000
Total Retained Equity	41 865 000	13 915 000	11 436 000	7 306 000
Total Equity	99 366 000	71 416 000	38 937 000	32 815 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	109 432 000	215 877 000	84 776 000	100 317 000
Total Equity and Debt	208 798 000	287 293 000	123 714 000	133 133 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	993 702 000	501 641 000	372 771 000	397 644 000
Other Income	1 128 000	1 555 000	1 019 000	337 000
Revenue	994 830 000	503 196 000	373 790 000	397 981 000
Cost of Goods Sold	907 972 000	462 035 000	334 006 000	369 313 000
Salary Costs	30 123 000	23 083 000	17 280 000	13 238 000
Depreciation	1 766 000	1 149 000	633 000	453 000
Impairment	200 000	0	0	0
Expenditure	952 035 000	495 443 000	360 257 000	389 948 000
Operating Profit	42 795 000	7 753 000	13 533 000	8 033 000
Financial Income	1 532 000	56 000	453 000	404 000
Financial Costs	8 574 000	4 804 000	6 370 000	4 100 000
Financial Balance	−7 042 000	−4 748 000	−5 917 000	−3 696 000
Dividends	0	0	0	0
Net Income	27 950 000	2 479 000	6 122 000	3 520 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 464 000	4 404 000	3 184 000	1 423 000
Real Eastate	113 000	97 000	166 000	75 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 921 000	1 895 000	1 784 000	1 150 000
Total Tangible Assets	2 034 000	1 992 000	1 950 000	1 225 000
Total Fiancial Fixed Assets	47 445 000	34 201 000	15 950 000	15 550 000
Total Fixed Assets	52 943 000	40 597 000	21 084 000	18 198 000
Stock	95 748 000	110 630 000	39 240 000	40 959 000
Total Investments	0	0	0	0
Cash, Bank	1 097 000	8 904 000	1 806 000	608 000
Total Current Assets	155 856 000	246 696 000	102 630 000	114 935 000
Total Assets	208 798 000	287 293 000	123 714 000	133 133 000
Total Equity	99 366 000	71 416 000	38 937 000	32 815 000
Short-Term Group Debt	0	140 145 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	30 054 000	53 014 000	15 800 000	25 629 000
Unpaid Taxes	13 301 000	16 909 000	7 076 000	14 091 000
Dividends	0	0	0	0
Other Current Debt	27 513 000	5 506 000	13 766 000	13 198 000
Total Current Debt	109 432 000	215 877 000	84 776 000	100 317 000
Total Equity and Debt	208 798 000	287 293 000	123 714 000	133 133 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,13 %	3,47 %	15,72 %	10,73 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,3 %	1,54 %	3,62 %	2,02 %
Current Ratio	1,42	1,14	1,21	1,15
Quick Ratio	11,39	2,34	2,25	1,94
Equity Ratio	0,48	0,25	0,31	0,25
Gross Profit Margin	8,73 %	8,18 %	10,64 %	7,2 %