ELEFUN HOLDING AS

4887 GRIMSTAD

Finances

Return on Equity

24,98 %

Current Ratio

3,59

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	161 755 000	143 332 000	139 336 000	119 534 000
Net Income	15 144 000	16 914 000	11 197 000	5 343 000
Total Assets	104 325 000	93 654 000	72 016 000	91 145 000
Total Equity	60 628 000	50 884 000	33 970 000	22 774 000

Income (NOK)	2022	2021	2020	2019
Revenue	161 755 000	143 332 000	139 336 000	119 534 000
Expenditure	144 277 000	121 588 000	117 698 000	113 149 000
Operating Profit	17 480 000	21 743 000	21 638 000	6 385 000
Financial Income	2 285 000	271 000	142 000	1 105 000
Financial Costs	1 050 000	422 000	7 427 000	853 000
Financial Balance	1 235 000	−151 000	−7 285 000	252 000
Earnings Before Tax	18 714 000	21 592 000	14 353 000	6 637 000
Tax	3 571 000	4 679 000	3 156 000	1 293 000
Net Income	15 144 000	16 914 000	11 197 000	5 343 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 647 000	26 206 000	18 259 000	16 547 000
Total Current Assets	70 677 000	67 449 000	53 757 000	74 598 000
Total Assets	104 325 000	93 654 000	72 016 000	91 145 000
Total Retained Equity	58 851 000	50 854 000	33 940 000	22 744 000
Total Equity	60 628 000	50 884 000	33 970 000	22 774 000
Total Long-Term Debt	24 010 000	10 350 000	19 400 000	22 000 000
Total Current Debt	19 687 000	32 420 000	18 646 000	46 371 000
Total Equity and Debt	104 325 000	93 654 000	72 016 000	91 145 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	161 755 000	143 332 000	139 336 000	119 534 000
Other Income	0	0	0	0
Revenue	161 755 000	143 332 000	139 336 000	119 534 000
Cost of Goods Sold	118 471 000	99 041 000	97 248 000	93 796 000
Salary Costs	15 455 000	14 041 000	13 416 000	12 807 000
Depreciation	969 000	845 000	831 000	889 000
Impairment	0	0	0	0
Expenditure	144 277 000	121 588 000	117 698 000	113 149 000
Operating Profit	17 480 000	21 743 000	21 638 000	6 385 000
Financial Income	2 285 000	271 000	142 000	1 105 000
Financial Costs	1 050 000	422 000	7 427 000	853 000
Financial Balance	1 235 000	−151 000	−7 285 000	252 000
Dividends	0	0	0	0
Net Income	15 144 000	16 914 000	11 197 000	5 343 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	297 000	594 000
Total Intangible Assets	602 000	377 000	744 000	1 067 000
Real Eastate	30 755 000	25 470 000	16 987 000	14 955 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	541 000	358 000	528 000	525 000
Total Tangible Assets	31 296 000	25 828 000	17 515 000	15 480 000
Total Fiancial Fixed Assets	1 749 000	0	0	0
Total Fixed Assets	33 647 000	26 206 000	18 259 000	16 547 000
Stock	45 234 000	46 971 000	30 332 000	27 895 000
Total Investments	0	0	0	0
Cash, Bank	11 914 000	4 994 000	6 614 000	34 493 000
Total Current Assets	70 677 000	67 449 000	53 757 000	74 598 000
Total Assets	104 325 000	93 654 000	72 016 000	91 145 000
Total Equity	60 628 000	50 884 000	33 970 000	22 774 000
Short-Term Group Debt	0	0	1 118 000	1 078 000
Total Long-Term Debt	24 010 000	10 350 000	19 400 000	22 000 000
Creditors	8 100 000	4 434 000	5 577 000	7 742 000
Unpaid Taxes	5 873 000	6 548 000	7 108 000	5 373 000
Dividends	0	0	0	0
Other Current Debt	1 518 000	1 147 000	0	0
Total Current Debt	19 687 000	32 420 000	18 646 000	46 371 000
Total Equity and Debt	104 325 000	93 654 000	72 016 000	91 145 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,98 %	33,24 %	32,96 %	23,46 %
Debt-to-Equity Ratio	0,4	0,2	0,57	0,97
Operating Profit Margin	10,81 %	15,17 %	15,53 %	5,34 %
Current Ratio	3,59	2,08	2,88	1,61
Quick Ratio	−2,77	−4,64	−4,6	4,04
Equity Ratio	0,58	0,54	0,47	0,25
Gross Profit Margin	26,76 %	30,9 %	30,21 %	21,53 %