ELEVATE PEOPLE AS

3211 SANDEFJORD

Finances

Share Ownership

Return on Equity

−35,24 %

Current Ratio

2,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	380 000	0	0	0
Net Income	−111 000	−10 000	3 000	−63 000
Total Assets	468 000	446 000	462 000	461 000
Total Equity	315 000	426 000	436 000	433 000

Income (NOK)	2022	2021	2020	2019
Revenue	380 000	0	0	0
Expenditure	521 000	5 000	6 000	81 000
Operating Profit	−141 000	−5 000	−6 000	−80 000
Financial Income	0	0	7 000	0
Financial Costs	0	8 000	0	0
Financial Balance	0	−8 000	7 000	0
Earnings Before Tax	−141 000	−13 000	2 000	−80 000
Tax	−30 000	−3 000	−1 000	−18 000
Net Income	−111 000	−10 000	3 000	−63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	92 000	62 000	59 000	58 000
Total Current Assets	376 000	385 000	403 000	403 000
Total Assets	468 000	446 000	462 000	461 000
Total Retained Equity	275 000	386 000	396 000	393 000
Total Equity	315 000	426 000	436 000	433 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	153 000	21 000	26 000	28 000
Total Equity and Debt	468 000	446 000	462 000	461 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	380 000	0	0	0
Other Income	0	0	0	0
Revenue	380 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	353 000	0	0	73 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	521 000	5 000	6 000	81 000
Operating Profit	−141 000	−5 000	−6 000	−80 000
Financial Income	0	0	7 000	0
Financial Costs	0	8 000	0	0
Financial Balance	0	−8 000	7 000	0
Dividends	0	0	0	0
Net Income	−111 000	−10 000	3 000	−63 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	92 000	62 000	59 000	58 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	92 000	62 000	59 000	58 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	301 000	385 000	394 000	385 000
Total Current Assets	376 000	385 000	403 000	403 000
Total Assets	468 000	446 000	462 000	461 000
Total Equity	315 000	426 000	436 000	433 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	0	5 000	0
Unpaid Taxes	72 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	69 000	21 000	21 000	28 000
Total Current Debt	153 000	21 000	26 000	28 000
Total Equity and Debt	468 000	446 000	462 000	461 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−35,24 %	−2,35 %	0,69 %	−14,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−37,11 %	-	-	-
Current Ratio	2,46	18,33	15,5	14,39
Quick Ratio	2,46	18,33	15,5	14,39
Equity Ratio	0,67	0,96	0,94	0,94
Gross Profit Margin	100 %	-	-	-