ELFAG EXPERT AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

−0,46 %

Current Ratio

0,36

Debt-to-Equity Ratio

−0,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 315 000	10 605 000	11 632 000	13 359 000
Net Income	13 000	−1 799 000	−998 000	−338 000
Total Assets	3 569 000	3 656 000	5 941 000	5 435 000
Total Equity	−2 798 000	−2 811 000	−1 012 000	−1 214 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 315 000	10 605 000	11 632 000	13 359 000
Expenditure	8 949 000	12 004 000	12 276 000	13 485 000
Operating Profit	366 000	−1 399 000	−644 000	−128 000
Financial Income	55 000	29 000	24 000	7 000
Financial Costs	408 000	428 000	378 000	217 000
Financial Balance	−353 000	−399 000	−354 000	−210 000
Earnings Before Tax	13 000	−1 799 000	−998 000	−338 000
Tax	0	0	0	0
Net Income	13 000	−1 799 000	−998 000	−338 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 028 000	2 382 000	2 944 000	3 044 000
Total Current Assets	1 541 000	1 274 000	2 997 000	2 391 000
Total Assets	3 569 000	3 656 000	5 941 000	5 435 000
Total Retained Equity	−4 019 000	−4 032 000	−2 233 000	−1 235 000
Total Equity	−2 798 000	−2 811 000	−1 012 000	−1 214 000
Total Long-Term Debt	2 140 000	2 990 000	3 586 000	3 183 000
Total Current Debt	4 227 000	3 477 000	3 367 000	3 466 000
Total Equity and Debt	3 569 000	3 656 000	5 941 000	5 435 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 315 000	10 248 000	11 511 000	13 318 000
Other Income	0	357 000	121 000	41 000
Revenue	9 315 000	10 605 000	11 632 000	13 359 000
Cost of Goods Sold	2 418 000	3 282 000	4 141 000	4 686 000
Salary Costs	4 016 000	5 368 000	5 378 000	6 078 000
Depreciation	354 000	400 000	408 000	267 000
Impairment	0	0	0	0
Expenditure	8 949 000	12 004 000	12 276 000	13 485 000
Operating Profit	366 000	−1 399 000	−644 000	−128 000
Financial Income	55 000	29 000	24 000	7 000
Financial Costs	408 000	428 000	378 000	217 000
Financial Balance	−353 000	−399 000	−354 000	−210 000
Dividends	0	0	0	0
Net Income	13 000	−1 799 000	−998 000	−338 000

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	0	0	0	0
Fixtures	2 028 000	2 382 000	2 918 000	3 038 000
Total Tangible Assets	2 028 000	2 382 000	2 918 000	3 038 000
Total Fiancial Fixed Assets	0	0	26 000	6 000
Total Fixed Assets	2 028 000	2 382 000	2 944 000	3 044 000
Stock	700 000	602 000	560 000	582 000
Total Investments	0	37 000	0	0
Cash, Bank	73 000	154 000	507 000	261 000
Total Current Assets	1 541 000	1 274 000	2 997 000	2 391 000
Total Assets	3 569 000	3 656 000	5 941 000	5 435 000
Total Equity	−2 798 000	−2 811 000	−1 012 000	−1 214 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 140 000	2 990 000	3 586 000	3 183 000
Creditors	1 710 000	1 287 000	1 049 000	1 271 000
Unpaid Taxes	822 000	1 127 000	1 292 000	674 000
Dividends	0	0	0	0
Other Current Debt	1 696 000	1 063 000	1 026 000	1 521 000
Total Current Debt	4 227 000	3 477 000	3 367 000	3 466 000
Total Equity and Debt	3 569 000	3 656 000	5 941 000	5 435 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,46 %	64 %	98,62 %	27,84 %
Debt-to-Equity Ratio	−0,76	−1,06	−3,54	−2,62
Operating Profit Margin	3,93 %	−13,19 %	−5,54 %	−0,96 %
Current Ratio	0,36	0,37	0,89	0,69
Quick Ratio	0,44	0,44	1,07	0,83
Equity Ratio	−0,78	−0,77	−0,17	−0,22
Gross Profit Margin	74,04 %	69,05 %	64,4 %	64,92 %