ELFUEL AS

5590 ETNE

Finances

Share Ownership

Return on Equity

224,86 %

Current Ratio

3,24

Debt-to-Equity Ratio

−2,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	136 000	1 887 000	2 324 000	4 428 000
Net Income	−416 000	885 000	−268 000	−661 000
Total Assets	412 000	807 000	229 000	958 000
Total Equity	−185 000	231 000	−654 000	−386 000

Income (NOK)	2022	2021	2020	2019
Revenue	136 000	1 887 000	2 324 000	4 428 000
Expenditure	470 000	879 000	2 515 000	5 014 000
Operating Profit	−333 000	1 009 000	−192 000	−586 000
Financial Income	0	0	0	1 000
Financial Costs	83 000	115 000	76 000	75 000
Financial Balance	−83 000	−115 000	−76 000	−74 000
Earnings Before Tax	−416 000	894 000	−268 000	−661 000
Tax	0	9 000	0	0
Net Income	−416 000	885 000	−268 000	−661 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	75 000	91 000	82 000	154 000
Total Current Assets	337 000	716 000	147 000	804 000
Total Assets	412 000	807 000	229 000	958 000
Total Retained Equity	−276 000	140 000	−744 000	−477 000
Total Equity	−185 000	231 000	−654 000	−386 000
Total Long-Term Debt	494 000	493 000	443 000	496 000
Total Current Debt	104 000	83 000	440 000	848 000
Total Equity and Debt	412 000	807 000	229 000	958 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	136 000	1 887 000	2 324 000	4 424 000
Other Income	0	0	0	4 000
Revenue	136 000	1 887 000	2 324 000	4 428 000
Cost of Goods Sold	16 000	563 000	123 000	151 000
Salary Costs	14 000	2 000	1 606 000	3 305 000
Depreciation	16 000	16 000	26 000	145 000
Impairment	0	0	0	0
Expenditure	470 000	879 000	2 515 000	5 014 000
Operating Profit	−333 000	1 009 000	−192 000	−586 000
Financial Income	0	0	0	1 000
Financial Costs	83 000	115 000	76 000	75 000
Financial Balance	−83 000	−115 000	−76 000	−74 000
Dividends	0	0	0	378 000
Net Income	−416 000	885 000	−268 000	−661 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	30 000	32 000	8 000	8 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	18 000	21 000	53 000
Total Tangible Assets	75 000	91 000	82 000	126 000
Total Fiancial Fixed Assets	0	0	0	28 000
Total Fixed Assets	75 000	91 000	82 000	154 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	63 000	172 000	0	457 000
Total Current Assets	337 000	716 000	147 000	804 000
Total Assets	412 000	807 000	229 000	958 000
Total Equity	−185 000	231 000	−654 000	−386 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	494 000	493 000	443 000	496 000
Creditors	39 000	11 000	51 000	13 000
Unpaid Taxes	10 000	63 000	36 000	331 000
Dividends	0	0	0	378 000
Other Current Debt	55 000	0	152 000	503 000
Total Current Debt	104 000	83 000	440 000	848 000
Total Equity and Debt	412 000	807 000	229 000	958 000

Financial indicators	2022	2021	2020	2019
Return on Equity	224,86 %	383,12 %	40,98 %	171,24 %
Debt-to-Equity Ratio	−2,67	2,13	−0,68	−1,28
Operating Profit Margin	−244,85 %	53,47 %	−8,26 %	−13,23 %
Current Ratio	3,24	8,63	0,33	0,95
Quick Ratio	3,24	8,63	0,33	0,95
Equity Ratio	−0,45	0,29	−2,86	−0,4
Gross Profit Margin	88,24 %	70,16 %	94,71 %	96,59 %