ELISABETH VELVÆRE AS

9008 TROMSØ

Finances

Share Ownership

Return on Equity

90,43 %

Current Ratio

1,67

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 440 000	1 376 000	1 195 000	1 451 000
Net Income	104 000	−39 000	8 000	79 000
Total Assets	338 000	291 000	335 000	343 000
Total Equity	115 000	10 000	49 000	41 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 440 000	1 376 000	1 195 000	1 451 000
Expenditure	1 291 000	1 414 000	1 175 000	1 337 000
Operating Profit	148 000	−38 000	21 000	114 000
Financial Income	0	0	0	0
Financial Costs	15 000	12 000	11 000	13 000
Financial Balance	−15 000	−12 000	−11 000	−13 000
Earnings Before Tax	134 000	−50 000	10 000	101 000
Tax	29 000	−11 000	2 000	22 000
Net Income	104 000	−39 000	8 000	79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 000	35 000	24 000	40 000
Total Current Assets	307 000	256 000	310 000	303 000
Total Assets	338 000	291 000	335 000	343 000
Total Retained Equity	90 000	−14 000	25 000	17 000
Total Equity	115 000	10 000	49 000	41 000
Total Long-Term Debt	39 000	63 000	95 000	110 000
Total Current Debt	184 000	218 000	191 000	192 000
Total Equity and Debt	338 000	291 000	335 000	343 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 380 000	1 321 000	1 185 000	1 451 000
Other Income	60 000	55 000	10 000	0
Revenue	1 440 000	1 376 000	1 195 000	1 451 000
Cost of Goods Sold	252 000	202 000	205 000	236 000
Salary Costs	671 000	790 000	727 000	801 000
Depreciation	0	0	14 000	15 000
Impairment	0	0	0	0
Expenditure	1 291 000	1 414 000	1 175 000	1 337 000
Operating Profit	148 000	−38 000	21 000	114 000
Financial Income	0	0	0	0
Financial Costs	15 000	12 000	11 000	13 000
Financial Balance	−15 000	−12 000	−11 000	−13 000
Dividends	0	0	0	0
Net Income	104 000	−39 000	8 000	79 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 000	35 000	24 000	27 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	14 000
Total Tangible Assets	0	0	0	14 000
Total Fiancial Fixed Assets	15 000	0	0	0
Total Fixed Assets	31 000	35 000	24 000	40 000
Stock	49 000	24 000	27 000	25 000
Total Investments	0	0	0	0
Cash, Bank	115 000	41 000	113 000	77 000
Total Current Assets	307 000	256 000	310 000	303 000
Total Assets	338 000	291 000	335 000	343 000
Total Equity	115 000	10 000	49 000	41 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	39 000	63 000	95 000	110 000
Creditors	11 000	22 000	6 000	8 000
Unpaid Taxes	39 000	78 000	41 000	32 000
Dividends	0	0	0	0
Other Current Debt	133 000	118 000	144 000	152 000
Total Current Debt	184 000	218 000	191 000	192 000
Total Equity and Debt	338 000	291 000	335 000	343 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,43 %	−390 %	16,33 %	192,68 %
Debt-to-Equity Ratio	0,34	6,3	1,94	2,68
Operating Profit Margin	10,28 %	−2,76 %	1,76 %	7,86 %
Current Ratio	1,67	1,17	1,62	1,58
Quick Ratio	2,27	1,32	1,89	1,81
Equity Ratio	0,34	0,03	0,15	0,12
Gross Profit Margin	82,5 %	85,32 %	82,85 %	83,74 %