ELVEGATEN 23 AS

4370 EGERSUND

Finances

Share Ownership

Return on Equity

66,54 %

Current Ratio

1,64

Debt-to-Equity Ratio

−9,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	93 000	100 000	105 000	120 000
Net Income	−179 000	−48 000	−15 000	−3 000
Total Assets	2 316 000	1 896 000	1 767 000	1 793 000
Total Equity	−269 000	−90 000	−41 000	−26 000

Income (NOK)	2022	2021	2020	2019
Revenue	93 000	100 000	105 000	120 000
Expenditure	202 000	121 000	88 000	88 000
Operating Profit	−109 000	−21 000	16 000	32 000
Financial Income	0	0	0	0
Financial Costs	70 000	28 000	32 000	35 000
Financial Balance	−70 000	−28 000	−32 000	−35 000
Earnings Before Tax	−179 000	−48 000	−15 000	−3 000
Tax	0	0	0	0
Net Income	−179 000	−48 000	−15 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 183 000	1 864 000	1 756 000	1 788 000
Total Current Assets	133 000	32 000	12 000	6 000
Total Assets	2 316 000	1 896 000	1 767 000	1 793 000
Total Retained Equity	−299 000	−120 000	−71 000	−56 000
Total Equity	−269 000	−90 000	−41 000	−26 000
Total Long-Term Debt	2 503 000	1 935 000	1 758 000	1 765 000
Total Current Debt	81 000	50 000	50 000	54 000
Total Equity and Debt	2 316 000	1 896 000	1 767 000	1 793 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	93 000	100 000	105 000	120 000
Other Income	0	0	0	0
Revenue	93 000	100 000	105 000	120 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	80 000	47 000	32 000	33 000
Impairment	0	0	0	0
Expenditure	202 000	121 000	88 000	88 000
Operating Profit	−109 000	−21 000	16 000	32 000
Financial Income	0	0	0	0
Financial Costs	70 000	28 000	32 000	35 000
Financial Balance	−70 000	−28 000	−32 000	−35 000
Dividends	0	0	0	0
Net Income	−179 000	−48 000	−15 000	−3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 141 000	1 864 000	1 756 000	1 788 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	42 000	0	0	0
Total Tangible Assets	2 183 000	1 864 000	1 756 000	1 788 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 183 000	1 864 000	1 756 000	1 788 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	110 000	32 000	12 000	5 000
Total Current Assets	133 000	32 000	12 000	6 000
Total Assets	2 316 000	1 896 000	1 767 000	1 793 000
Total Equity	−269 000	−90 000	−41 000	−26 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 503 000	1 935 000	1 758 000	1 765 000
Creditors	8 000	0	1 000	10 000
Unpaid Taxes	6 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	67 000	50 000	49 000	44 000
Total Current Debt	81 000	50 000	50 000	54 000
Total Equity and Debt	2 316 000	1 896 000	1 767 000	1 793 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,54 %	53,33 %	36,59 %	11,54 %
Debt-to-Equity Ratio	−9,3	−21,5	−42,88	−67,88
Operating Profit Margin	−117,2 %	−21 %	15,24 %	26,67 %
Current Ratio	1,64	0,64	0,24	0,11
Quick Ratio	1,64	0,64	0,24	0,11
Equity Ratio	−0,12	−0,05	−0,02	−0,01
Gross Profit Margin	100 %	100 %	100 %	100 %