ELLINGSEN INDUTECH AS

1340 SKUI

Finances

Share Ownership

Return on Equity

55,96 %

Current Ratio

1,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 348 000	22 248 000	49 010 000	27 433 000
Net Income	2 712 000	1 924 000	5 113 000	1 406 000
Total Assets	10 433 000	8 263 000	17 488 000	13 160 000
Total Equity	4 846 000	4 134 000	7 710 000	2 597 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 348 000	22 248 000	49 010 000	27 433 000
Expenditure	28 739 000	19 603 000	42 820 000	25 196 000
Operating Profit	3 609 000	2 646 000	6 190 000	2 237 000
Financial Income	542 000	497 000	1 768 000	131 000
Financial Costs	662 000	661 000	1 399 000	553 000
Financial Balance	−120 000	−164 000	369 000	−422 000
Earnings Before Tax	3 489 000	2 482 000	6 560 000	1 815 000
Tax	778 000	558 000	1 447 000	408 000
Net Income	2 712 000	1 924 000	5 113 000	1 406 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	82 000	105 000	131 000	111 000
Total Current Assets	10 351 000	8 158 000	17 356 000	13 049 000
Total Assets	10 433 000	8 263 000	17 488 000	13 160 000
Total Retained Equity	4 746 000	4 034 000	7 610 000	2 497 000
Total Equity	4 846 000	4 134 000	7 710 000	2 597 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 587 000	4 129 000	13 778 000	10 564 000
Total Equity and Debt	10 433 000	8 263 000	17 488 000	13 160 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 326 000	22 227 000	48 990 000	27 433 000
Other Income	22 000	21 000	20 000	0
Revenue	32 348 000	22 248 000	49 010 000	27 433 000
Cost of Goods Sold	24 079 000	15 494 000	38 865 000	20 533 000
Salary Costs	2 426 000	2 286 000	2 176 000	2 869 000
Depreciation	24 000	24 000	24 000	43 000
Impairment	0	0	0	0
Expenditure	28 739 000	19 603 000	42 820 000	25 196 000
Operating Profit	3 609 000	2 646 000	6 190 000	2 237 000
Financial Income	542 000	497 000	1 768 000	131 000
Financial Costs	662 000	661 000	1 399 000	553 000
Financial Balance	−120 000	−164 000	369 000	−422 000
Dividends	2 000 000	1 500 000	4 000 000	500 000
Net Income	2 712 000	1 924 000	5 113 000	1 406 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	12 000	15 000	36 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	69 000	93 000	117 000	68 000
Total Tangible Assets	69 000	93 000	117 000	68 000
Total Fiancial Fixed Assets	0	0	0	7 000
Total Fixed Assets	82 000	105 000	131 000	111 000
Stock	2 795 000	2 494 000	3 106 000	1 895 000
Total Investments	0	0	0	0
Cash, Bank	2 136 000	2 785 000	4 581 000	708 000
Total Current Assets	10 351 000	8 158 000	17 356 000	13 049 000
Total Assets	10 433 000	8 263 000	17 488 000	13 160 000
Total Equity	4 846 000	4 134 000	7 710 000	2 597 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 758 000	1 208 000	7 414 000	693 000
Unpaid Taxes	813 000	644 000	715 000	387 000
Dividends	2 000 000	1 500 000	4 000 000	500 000
Other Current Debt	237 000	222 000	224 000	6 080 000
Total Current Debt	5 587 000	4 129 000	13 778 000	10 564 000
Total Equity and Debt	10 433 000	8 263 000	17 488 000	13 160 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,96 %	46,54 %	66,32 %	54,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,16 %	11,89 %	12,63 %	8,15 %
Current Ratio	1,85	1,98	1,26	1,24
Quick Ratio	3,71	4,99	1,63	1,51
Equity Ratio	0,46	0,5	0,44	0,2
Gross Profit Margin	25,56 %	30,36 %	20,7 %	25,15 %