M. S. ELLINGSEN SERVICE AS

5258 BLOMSTERDALEN

Finances

Return on Equity

47,48 %

Current Ratio

2,54

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 013 000	6 769 000	5 336 000	4 190 000
Net Income	2 184 000	724 000	34 000	503 000
Total Assets	8 905 000	3 711 000	3 031 000	2 377 000
Total Equity	4 600 000	2 417 000	1 692 000	1 658 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 013 000	6 769 000	5 336 000	4 190 000
Expenditure	9 115 000	5 773 000	5 266 000	3 548 000
Operating Profit	2 898 000	996 000	69 000	641 000
Financial Income	0	0	0	1 000
Financial Costs	117 000	32 000	25 000	4 000
Financial Balance	−117 000	−32 000	−25 000	−3 000
Earnings Before Tax	2 781 000	963 000	44 000	638 000
Tax	598 000	239 000	10 000	135 000
Net Income	2 184 000	724 000	34 000	503 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 617 000	1 341 000	1 423 000	849 000
Total Current Assets	4 288 000	2 371 000	1 608 000	1 528 000
Total Assets	8 905 000	3 711 000	3 031 000	2 377 000
Total Retained Equity	3 960 000	1 777 000	1 053 000	1 018 000
Total Equity	4 600 000	2 417 000	1 692 000	1 658 000
Total Long-Term Debt	2 617 000	479 000	644 000	18 000
Total Current Debt	1 688 000	816 000	694 000	700 000
Total Equity and Debt	8 905 000	3 711 000	3 031 000	2 377 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 055 000	6 079 000	5 300 000	4 005 000
Other Income	1 957 000	690 000	37 000	185 000
Revenue	12 013 000	6 769 000	5 336 000	4 190 000
Cost of Goods Sold	930 000	197 000	898 000	304 000
Salary Costs	3 007 000	1 766 000	1 493 000	936 000
Depreciation	573 000	328 000	229 000	185 000
Impairment	0	0	0	0
Expenditure	9 115 000	5 773 000	5 266 000	3 548 000
Operating Profit	2 898 000	996 000	69 000	641 000
Financial Income	0	0	0	1 000
Financial Costs	117 000	32 000	25 000	4 000
Financial Balance	−117 000	−32 000	−25 000	−3 000
Dividends	0	0	0	100 000
Net Income	2 184 000	724 000	34 000	503 000

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	3 591 000	574 000	410 000	346 000
Fixtures	164 000	244 000	346 000	216 000
Total Tangible Assets	3 755 000	818 000	756 000	561 000
Total Fiancial Fixed Assets	862 000	523 000	667 000	288 000
Total Fixed Assets	4 617 000	1 341 000	1 423 000	849 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 118 000	994 000	838 000	660 000
Total Current Assets	4 288 000	2 371 000	1 608 000	1 528 000
Total Assets	8 905 000	3 711 000	3 031 000	2 377 000
Total Equity	4 600 000	2 417 000	1 692 000	1 658 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 617 000	479 000	644 000	18 000
Creditors	475 000	336 000	275 000	206 000
Unpaid Taxes	496 000	56 000	248 000	178 000
Dividends	0	0	0	100 000
Other Current Debt	336 000	176 000	152 000	100 000
Total Current Debt	1 688 000	816 000	694 000	700 000
Total Equity and Debt	8 905 000	3 711 000	3 031 000	2 377 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,48 %	29,95 %	2,01 %	30,34 %
Debt-to-Equity Ratio	0,57	0,2	0,38	0,01
Operating Profit Margin	24,12 %	14,71 %	1,29 %	15,3 %
Current Ratio	2,54	2,91	2,32	2,18
Quick Ratio	2,54	2,91	2,32	2,18
Equity Ratio	0,52	0,65	0,56	0,7
Gross Profit Margin	92,26 %	97,09 %	83,17 %	92,74 %