ELKJØP ÅRNES AS

2150 ÅRNES

Finances

Return on Equity

−49,27 %

Current Ratio

1,81

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 249 000	27 133 000	30 458 000	24 355 000
Net Income	−1 781 000	−845 000	662 000	374 000
Total Assets	8 884 000	9 758 000	11 161 000	9 629 000
Total Equity	3 615 000	5 396 000	6 241 000	5 578 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 249 000	27 133 000	30 458 000	24 355 000
Expenditure	26 512 000	28 224 000	29 590 000	23 992 000
Operating Profit	−2 263 000	−1 091 000	869 000	363 000
Financial Income	20 000	10 000	16 000	26 000
Financial Costs	40 000	2 000	35 000	14 000
Financial Balance	−20 000	8 000	−19 000	12 000
Earnings Before Tax	−2 283 000	−1 083 000	849 000	375 000
Tax	−502 000	−238 000	187 000	1 000
Net Income	−1 781 000	−845 000	662 000	374 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 008 000	590 000	431 000	1 192 000
Total Current Assets	7 876 000	9 167 000	10 731 000	8 436 000
Total Assets	8 884 000	9 758 000	11 161 000	9 629 000
Total Retained Equity	3 585 000	5 366 000	6 211 000	5 548 000
Total Equity	3 615 000	5 396 000	6 241 000	5 578 000
Total Long-Term Debt	926 000	981 000	1 035 000	1 091 000
Total Current Debt	4 343 000	3 381 000	3 885 000	2 960 000
Total Equity and Debt	8 884 000	9 758 000	11 161 000	9 629 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 558 000	25 544 000	27 964 000	22 076 000
Other Income	690 000	1 589 000	2 494 000	2 279 000
Revenue	24 249 000	27 133 000	30 458 000	24 355 000
Cost of Goods Sold	20 919 000	21 920 000	23 955 000	19 206 000
Salary Costs	3 552 000	3 830 000	3 337 000	3 053 000
Depreciation	74 000	89 000	86 000	80 000
Impairment	0	0	0	0
Expenditure	26 512 000	28 224 000	29 590 000	23 992 000
Operating Profit	−2 263 000	−1 091 000	869 000	363 000
Financial Income	20 000	10 000	16 000	26 000
Financial Costs	40 000	2 000	35 000	14 000
Financial Balance	−20 000	8 000	−19 000	12 000
Dividends	0	0	0	0
Net Income	−1 781 000	−845 000	662 000	374 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	750 000	247 000	9 000	15 000
Real Eastate	51 000	63 000	75 000	943 000
Machinery and Plant Facilities	57 000	93 000	64 000	76 000
Fixtures	129 000	156 000	261 000	139 000
Total Tangible Assets	238 000	312 000	401 000	1 157 000
Total Fiancial Fixed Assets	20 000	30 000	20 000	20 000
Total Fixed Assets	1 008 000	590 000	431 000	1 192 000
Stock	4 515 000	6 123 000	5 494 000	4 748 000
Total Investments	0	0	0	0
Cash, Bank	1 679 000	1 602 000	2 390 000	2 155 000
Total Current Assets	7 876 000	9 167 000	10 731 000	8 436 000
Total Assets	8 884 000	9 758 000	11 161 000	9 629 000
Total Equity	3 615 000	5 396 000	6 241 000	5 578 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	926 000	981 000	1 035 000	1 091 000
Creditors	2 036 000	1 541 000	814 000	1 096 000
Unpaid Taxes	368 000	211 000	354 000	218 000
Dividends	0	0	0	0
Other Current Debt	1 938 000	1 629 000	2 536 000	1 646 000
Total Current Debt	4 343 000	3 381 000	3 885 000	2 960 000
Total Equity and Debt	8 884 000	9 758 000	11 161 000	9 629 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−49,27 %	−15,66 %	10,61 %	6,7 %
Debt-to-Equity Ratio	0,26	0,18	0,17	0,2
Operating Profit Margin	−9,33 %	−4,02 %	2,85 %	1,49 %
Current Ratio	1,81	2,71	2,76	2,85
Quick Ratio	−45,79	−3,34	−6,67	−4,72
Equity Ratio	0,41	0,55	0,56	0,58
Gross Profit Margin	13,73 %	19,21 %	21,35 %	21,14 %