ELGSETHYTTA AS

7082 KATTEM

Finances

Share Ownership

Return on Equity

130,21 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 955 000	3 156 000	3 557 000	4 250 000
Net Income	250 000	−66 000	−103 000	−9 000
Total Assets	779 000	459 000	593 000	784 000
Total Equity	192 000	42 000	109 000	211 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 955 000	3 156 000	3 557 000	4 250 000
Expenditure	3 634 000	3 239 000	3 687 000	4 261 000
Operating Profit	321 000	−84 000	−130 000	−11 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	1 000	1 000
Financial Balance	0	−1 000	−1 000	−1 000
Earnings Before Tax	321 000	−85 000	−131 000	−11 000
Tax	71 000	−19 000	−28 000	−2 000
Net Income	250 000	−66 000	−103 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	119 000	214 000	215 000	217 000
Total Current Assets	660 000	244 000	378 000	567 000
Total Assets	779 000	459 000	593 000	784 000
Total Retained Equity	162 000	12 000	79 000	181 000
Total Equity	192 000	42 000	109 000	211 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	586 000	416 000	484 000	572 000
Total Equity and Debt	779 000	459 000	593 000	784 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 954 000	3 123 000	3 515 000	4 250 000
Other Income	0	33 000	42 000	0
Revenue	3 955 000	3 156 000	3 557 000	4 250 000
Cost of Goods Sold	1 263 000	1 053 000	1 181 000	1 393 000
Salary Costs	1 473 000	1 458 000	1 557 000	1 875 000
Depreciation	61 000	58 000	52 000	52 000
Impairment	0	0	0	0
Expenditure	3 634 000	3 239 000	3 687 000	4 261 000
Operating Profit	321 000	−84 000	−130 000	−11 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	1 000	1 000
Financial Balance	0	−1 000	−1 000	−1 000
Dividends	100 000	0	0	0
Net Income	250 000	−66 000	−103 000	−9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 000	31 000	12 000	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	3 000	7 000	11 000	15 000
Fixtures	70 000	127 000	182 000	162 000
Total Tangible Assets	73 000	134 000	193 000	177 000
Total Fiancial Fixed Assets	30 000	49 000	10 000	27 000
Total Fixed Assets	119 000	214 000	215 000	217 000
Stock	100 000	47 000	84 000	76 000
Total Investments	0	0	0	0
Cash, Bank	451 000	76 000	171 000	338 000
Total Current Assets	660 000	244 000	378 000	567 000
Total Assets	779 000	459 000	593 000	784 000
Total Equity	192 000	42 000	109 000	211 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	56 000	53 000	179 000	147 000
Unpaid Taxes	177 000	141 000	136 000	145 000
Dividends	100 000	0	0	0
Other Current Debt	198 000	222 000	168 000	281 000
Total Current Debt	586 000	416 000	484 000	572 000
Total Equity and Debt	779 000	459 000	593 000	784 000

Financial indicators	2022	2021	2020	2019
Return on Equity	130,21 %	−157,14 %	−94,5 %	−4,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,12 %	−2,66 %	−3,65 %	−0,26 %
Current Ratio	1,13	0,59	0,78	0,99
Quick Ratio	1,36	0,66	0,95	1,14
Equity Ratio	0,25	0,09	0,18	0,27
Gross Profit Margin	68,07 %	66,63 %	66,8 %	67,22 %