ELGTUN AS

4742 GRENDI

Finances

Share Ownership

Return on Equity

−99,27 %

Current Ratio

0,65

Debt-to-Equity Ratio

6,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 000	835 000	1 589 000	2 556 000
Net Income	−406 000	−264 000	−258 000	−426 000
Total Assets	3 521 000	4 148 000	4 311 000	4 502 000
Total Equity	409 000	815 000	1 079 000	1 337 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 000	835 000	1 589 000	2 556 000
Expenditure	475 000	1 111 000	1 881 000	3 083 000
Operating Profit	−466 000	−277 000	−292 000	−527 000
Financial Income	0	0	0	0
Financial Costs	54 000	56 000	36 000	20 000
Financial Balance	−54 000	−56 000	−36 000	−20 000
Earnings Before Tax	−520 000	−333 000	−328 000	−546 000
Tax	−114 000	−69 000	−70 000	−120 000
Net Income	−406 000	−264 000	−258 000	−426 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 284 000	3 582 000	3 691 000	3 904 000
Total Current Assets	238 000	566 000	621 000	598 000
Total Assets	3 521 000	4 148 000	4 311 000	4 502 000
Total Retained Equity	−2 271 000	−1 865 000	−1 601 000	−1 343 000
Total Equity	409 000	815 000	1 079 000	1 337 000
Total Long-Term Debt	2 747 000	2 832 000	2 715 000	2 759 000
Total Current Debt	365 000	501 000	518 000	406 000
Total Equity and Debt	3 521 000	4 148 000	4 311 000	4 502 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 000	85 000	1 529 000	2 556 000
Other Income	0	750 000	60 000	0
Revenue	8 000	835 000	1 589 000	2 556 000
Cost of Goods Sold	0	324 000	312 000	273 000
Salary Costs	0	276 000	666 000	1 689 000
Depreciation	413 000	118 000	352 000	352 000
Impairment	0	0	0	0
Expenditure	475 000	1 111 000	1 881 000	3 083 000
Operating Profit	−466 000	−277 000	−292 000	−527 000
Financial Income	0	0	0	0
Financial Costs	54 000	56 000	36 000	20 000
Financial Balance	−54 000	−56 000	−36 000	−20 000
Dividends	0	0	0	0
Net Income	−406 000	−264 000	−258 000	−426 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	632 000	518 000	449 000	379 000
Real Eastate	0	0	69 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 651 000	3 064 000	3 173 000	3 525 000
Total Tangible Assets	2 651 000	3 064 000	3 242 000	3 525 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 284 000	3 582 000	3 691 000	3 904 000
Stock	226 000	226 000	514 000	514 000
Total Investments	0	0	0	0
Cash, Bank	7 000	105 000	27 000	49 000
Total Current Assets	238 000	566 000	621 000	598 000
Total Assets	3 521 000	4 148 000	4 311 000	4 502 000
Total Equity	409 000	815 000	1 079 000	1 337 000
Short-Term Group Debt	0	185 000	0	0
Total Long-Term Debt	2 747 000	2 832 000	2 715 000	2 759 000
Creditors	343 000	257 000	305 000	90 000
Unpaid Taxes	0	3 000	18 000	47 000
Dividends	0	0	0	0
Other Current Debt	22 000	56 000	195 000	269 000
Total Current Debt	365 000	501 000	518 000	406 000
Total Equity and Debt	3 521 000	4 148 000	4 311 000	4 502 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−99,27 %	−32,39 %	−23,91 %	−31,86 %
Debt-to-Equity Ratio	6,72	3,47	2,52	2,06
Operating Profit Margin	−5 825 %	−33,17 %	−18,38 %	−20,62 %
Current Ratio	0,65	1,13	1,2	1,47
Quick Ratio	1,71	2,06	155,25	−5,54
Equity Ratio	0,12	0,2	0,25	0,3
Gross Profit Margin	100 %	61,2 %	80,37 %	89,32 %