ELMARIN AS

6517 KRISTIANSUND N

Finances

Return on Equity

114,04 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	197 497 000	122 454 000	107 050 000	113 101 000
Net Income	11 365 000	6 810 000	2 883 000	2 678 000
Total Assets	63 665 000	45 504 000	30 733 000	31 728 000
Total Equity	9 966 000	9 990 000	9 887 000	8 604 000

Income (NOK)	2022	2021	2020	2019
Revenue	197 497 000	122 454 000	107 050 000	113 101 000
Expenditure	182 890 000	113 559 000	103 163 000	109 635 000
Operating Profit	14 606 000	8 895 000	3 887 000	3 466 000
Financial Income	1 056 000	191 000	240 000	101 000
Financial Costs	1 125 000	355 000	507 000	194 000
Financial Balance	−69 000	−164 000	−267 000	−93 000
Earnings Before Tax	14 537 000	8 731 000	3 620 000	3 373 000
Tax	3 173 000	1 921 000	737 000	695 000
Net Income	11 365 000	6 810 000	2 883 000	2 678 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 564 000	4 233 000	5 193 000	5 796 000
Total Current Assets	60 101 000	41 271 000	25 539 000	25 932 000
Total Assets	63 665 000	45 504 000	30 733 000	31 728 000
Total Retained Equity	9 866 000	9 890 000	9 787 000	8 504 000
Total Equity	9 966 000	9 990 000	9 887 000	8 604 000
Total Long-Term Debt	0	787 000	1 190 000	1 752 000
Total Current Debt	53 699 000	34 728 000	19 656 000	21 372 000
Total Equity and Debt	63 665 000	45 504 000	30 733 000	31 728 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	197 465 000	122 330 000	107 050 000	112 986 000
Other Income	32 000	124 000	0	115 000
Revenue	197 497 000	122 454 000	107 050 000	113 101 000
Cost of Goods Sold	125 272 000	63 916 000	58 082 000	58 659 000
Salary Costs	42 256 000	38 821 000	35 483 000	40 877 000
Depreciation	739 000	1 012 000	1 041 000	742 000
Impairment	333 000	0	0	0
Expenditure	182 890 000	113 559 000	103 163 000	109 635 000
Operating Profit	14 606 000	8 895 000	3 887 000	3 466 000
Financial Income	1 056 000	191 000	240 000	101 000
Financial Costs	1 125 000	355 000	507 000	194 000
Financial Balance	−69 000	−164 000	−267 000	−93 000
Dividends	0	0	34 000	0
Net Income	11 365 000	6 810 000	2 883 000	2 678 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 201 000	1 797 000	1 970 000	2 188 000
Real Eastate	422 000	441 000	459 000	478 000
Machinery and Plant Facilities	46 000	79 000	377 000	563 000
Fixtures	845 000	1 866 000	2 016 000	2 151 000
Total Tangible Assets	1 313 000	2 386 000	2 853 000	3 192 000
Total Fiancial Fixed Assets	50 000	50 000	371 000	417 000
Total Fixed Assets	3 564 000	4 233 000	5 193 000	5 796 000
Stock	9 504 000	6 862 000	6 524 000	5 493 000
Total Investments	0	0	0	0
Cash, Bank	13 091 000	12 803 000	1 683 000	5 263 000
Total Current Assets	60 101 000	41 271 000	25 539 000	25 932 000
Total Assets	63 665 000	45 504 000	30 733 000	31 728 000
Total Equity	9 966 000	9 990 000	9 887 000	8 604 000
Short-Term Group Debt	14 634 000	8 634 000	2 008 000	2 490 000
Total Long-Term Debt	0	787 000	1 190 000	1 752 000
Creditors	9 795 000	7 254 000	5 751 000	4 869 000
Unpaid Taxes	4 524 000	4 018 000	3 707 000	4 145 000
Dividends	0	0	34 000	0
Other Current Debt	24 038 000	14 706 000	8 109 000	9 361 000
Total Current Debt	53 699 000	34 728 000	19 656 000	21 372 000
Total Equity and Debt	63 665 000	45 504 000	30 733 000	31 728 000

Financial indicators	2022	2021	2020	2019
Return on Equity	114,04 %	68,17 %	29,16 %	31,13 %
Debt-to-Equity Ratio	0	0,08	0,12	0,2
Operating Profit Margin	7,4 %	7,26 %	3,63 %	3,06 %
Current Ratio	1,12	1,19	1,3	1,21
Quick Ratio	1,36	1,48	1,94	1,63
Equity Ratio	0,16	0,22	0,32	0,27
Gross Profit Margin	36,57 %	47,8 %	45,74 %	48,14 %