ELITEPT AS

7020 TRONDHEIM

Finances

Share Ownership

Return on Equity

25,73 %

Current Ratio

0,68

Debt-to-Equity Ratio

1,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 590 000	6 514 000	5 705 000	6 739 000
Net Income	632 000	650 000	10 000	176 000
Total Assets	7 056 000	6 038 000	4 345 000	4 669 000
Total Equity	2 456 000	1 824 000	1 174 000	1 274 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 590 000	6 514 000	5 705 000	6 739 000
Expenditure	5 795 000	5 667 000	5 589 000	6 404 000
Operating Profit	795 000	847 000	116 000	337 000
Financial Income	0	0	1 000	1 000
Financial Costs	140 000	89 000	104 000	112 000
Financial Balance	−140 000	−89 000	−103 000	−111 000
Earnings Before Tax	656 000	758 000	13 000	226 000
Tax	24 000	108 000	3 000	50 000
Net Income	632 000	650 000	10 000	176 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 109 000	4 533 000	3 524 000	3 563 000
Total Current Assets	947 000	1 504 000	822 000	1 107 000
Total Assets	7 056 000	6 038 000	4 345 000	4 669 000
Total Retained Equity	2 426 000	1 794 000	1 144 000	1 244 000
Total Equity	2 456 000	1 824 000	1 174 000	1 274 000
Total Long-Term Debt	3 216 000	2 604 000	1 995 000	2 442 000
Total Current Debt	1 383 000	1 609 000	1 176 000	953 000
Total Equity and Debt	7 056 000	6 038 000	4 345 000	4 669 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 469 000	6 136 000	5 557 000	6 690 000
Other Income	121 000	378 000	149 000	50 000
Revenue	6 590 000	6 514 000	5 705 000	6 739 000
Cost of Goods Sold	76 000	83 000	4 000	1 000
Salary Costs	3 432 000	3 370 000	3 282 000	4 269 000
Depreciation	7 000	14 000	37 000	66 000
Impairment	0	0	0	0
Expenditure	5 795 000	5 667 000	5 589 000	6 404 000
Operating Profit	795 000	847 000	116 000	337 000
Financial Income	0	0	1 000	1 000
Financial Costs	140 000	89 000	104 000	112 000
Financial Balance	−140 000	−89 000	−103 000	−111 000
Dividends	0	0	0	0
Net Income	632 000	650 000	10 000	176 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 599 000	1 035 000	12 000	14 000
Real Eastate	3 490 000	3 490 000	3 490 000	3 490 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	8 000	22 000	59 000
Total Tangible Assets	3 510 000	3 498 000	3 512 000	3 549 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 109 000	4 533 000	3 524 000	3 563 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	270 000	1 135 000	735 000	986 000
Total Current Assets	947 000	1 504 000	822 000	1 107 000
Total Assets	7 056 000	6 038 000	4 345 000	4 669 000
Total Equity	2 456 000	1 824 000	1 174 000	1 274 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 216 000	2 604 000	1 995 000	2 442 000
Creditors	84 000	203 000	12 000	8 000
Unpaid Taxes	302 000	374 000	324 000	283 000
Dividends	0	0	0	0
Other Current Debt	899 000	926 000	840 000	662 000
Total Current Debt	1 383 000	1 609 000	1 176 000	953 000
Total Equity and Debt	7 056 000	6 038 000	4 345 000	4 669 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,73 %	35,64 %	0,85 %	13,81 %
Debt-to-Equity Ratio	1,31	1,43	1,7	1,92
Operating Profit Margin	12,06 %	13 %	2,03 %	5 %
Current Ratio	0,68	0,93	0,7	1,16
Quick Ratio	0,68	0,93	0,7	1,16
Equity Ratio	0,35	0,3	0,27	0,27
Gross Profit Margin	98,85 %	98,73 %	99,93 %	99,99 %