ELFA NORGE AS

3208 SANDEFJORD

Finances

Share Ownership

Return on Equity

29,55 %

Current Ratio

1,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	171 994 000	175 184 000	133 227 000	134 431 000
Net Income	5 281 000	5 392 000	4 124 000	4 031 000
Total Assets	57 402 000	51 188 000	43 740 000	39 123 000
Total Equity	17 874 000	22 593 000	17 201 000	13 077 000

Income (NOK)	2022	2021	2020	2019
Revenue	171 994 000	175 184 000	133 227 000	134 431 000
Expenditure	165 191 000	168 271 000	127 950 000	129 120 000
Operating Profit	6 802 000	6 912 000	5 276 000	5 310 000
Financial Income	15 000	29 000	16 000	21 000
Financial Costs	6 000	7 000	25 000	6 000
Financial Balance	9 000	22 000	−9 000	15 000
Earnings Before Tax	6 812 000	6 935 000	5 267 000	5 325 000
Tax	1 531 000	1 543 000	1 143 000	1 294 000
Net Income	5 281 000	5 392 000	4 124 000	4 031 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 028 000	1 414 000	1 137 000	1 244 000
Total Current Assets	56 374 000	49 774 000	42 603 000	37 879 000
Total Assets	57 402 000	51 188 000	43 740 000	39 123 000
Total Retained Equity	11 369 000	16 088 000	10 696 000	6 572 000
Total Equity	17 874 000	22 593 000	17 201 000	13 077 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	39 528 000	28 595 000	26 539 000	26 046 000
Total Equity and Debt	57 402 000	51 188 000	43 740 000	39 123 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	171 994 000	175 184 000	133 227 000	134 431 000
Other Income	0	0	0	0
Revenue	171 994 000	175 184 000	133 227 000	134 431 000
Cost of Goods Sold	143 619 000	141 725 000	100 517 000	95 102 000
Salary Costs	12 528 000	16 316 000	15 312 000	14 621 000
Depreciation	665 000	608 000	403 000	339 000
Impairment	0	0	0	0
Expenditure	165 191 000	168 271 000	127 950 000	129 120 000
Operating Profit	6 802 000	6 912 000	5 276 000	5 310 000
Financial Income	15 000	29 000	16 000	21 000
Financial Costs	6 000	7 000	25 000	6 000
Financial Balance	9 000	22 000	−9 000	15 000
Dividends	0	0	0	0
Net Income	5 281 000	5 392 000	4 124 000	4 031 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	448 000	590 000	620 000	665 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	580 000	824 000	517 000	579 000
Total Tangible Assets	580 000	824 000	517 000	579 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 028 000	1 414 000	1 137 000	1 244 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 098 000	12 025 000	4 703 000	11 478 000
Total Current Assets	56 374 000	49 774 000	42 603 000	37 879 000
Total Assets	57 402 000	51 188 000	43 740 000	39 123 000
Total Equity	17 874 000	22 593 000	17 201 000	13 077 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	19 170 000	9 852 000	13 545 000	12 988 000
Unpaid Taxes	4 524 000	4 161 000	3 043 000	3 382 000
Dividends	0	0	0	0
Other Current Debt	14 073 000	12 888 000	9 230 000	8 241 000
Total Current Debt	39 528 000	28 595 000	26 539 000	26 046 000
Total Equity and Debt	57 402 000	51 188 000	43 740 000	39 123 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,55 %	23,87 %	23,98 %	30,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,95 %	3,95 %	3,96 %	3,95 %
Current Ratio	1,43	1,74	1,61	1,45
Quick Ratio	1,43	1,74	1,61	1,45
Equity Ratio	0,31	0,44	0,39	0,33
Gross Profit Margin	16,5 %	19,1 %	24,55 %	29,26 %