ELMARIN HOLDING AS

6517 KRISTIANSUND N

Finances

Return on Equity

49,54 %

Current Ratio

1,26

Debt-to-Equity Ratio

0,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	197 497 000	122 454 000	107 050 000	113 101 000
Net Income	11 275 000	6 919 000	2 705 000	2 387 000
Total Assets	94 801 000	74 028 000	54 847 000	49 471 000
Total Equity	22 758 000	19 483 000	14 565 000	12 468 000

Income (NOK)	2022	2021	2020	2019
Revenue	197 497 000	122 454 000	107 050 000	113 101 000
Expenditure	182 071 000	112 843 000	102 774 000	109 652 000
Operating Profit	15 427 000	9 612 000	4 275 000	3 448 000
Financial Income	1 059 000	193 000	242 000	102 000
Financial Costs	2 014 000	886 000	1 081 000	571 000
Financial Balance	−955 000	−693 000	−839 000	−469 000
Earnings Before Tax	14 472 000	8 919 000	3 435 000	2 979 000
Tax	3 197 000	2 000 000	731 000	593 000
Net Income	11 275 000	6 919 000	2 705 000	2 387 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 388 000	30 693 000	27 982 000	22 948 000
Total Current Assets	63 412 000	43 335 000	26 865 000	26 523 000
Total Assets	94 801 000	74 028 000	54 847 000	49 471 000
Total Retained Equity	22 658 000	19 383 000	14 465 000	12 368 000
Total Equity	22 758 000	19 483 000	14 565 000	12 468 000
Total Long-Term Debt	21 551 000	24 378 000	21 572 000	17 425 000
Total Current Debt	50 492 000	30 167 000	18 711 000	19 578 000
Total Equity and Debt	94 801 000	74 028 000	54 847 000	49 471 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	197 465 000	122 330 000	107 050 000	112 986 000
Other Income	32 000	124 000	0	115 000
Revenue	197 497 000	122 454 000	107 050 000	113 101 000
Cost of Goods Sold	125 272 000	63 916 000	58 082 000	58 659 000
Salary Costs	42 256 000	38 821 000	35 483 000	40 877 000
Depreciation	2 313 000	1 988 000	1 918 000	1 138 000
Impairment	333 000	0	0	0
Expenditure	182 071 000	112 843 000	102 774 000	109 652 000
Operating Profit	15 427 000	9 612 000	4 275 000	3 448 000
Financial Income	1 059 000	193 000	242 000	102 000
Financial Costs	2 014 000	886 000	1 081 000	571 000
Financial Balance	−955 000	−693 000	−839 000	−469 000
Dividends	8 000 000	2 000 000	600 000	0
Net Income	11 275 000	6 919 000	2 705 000	2 387 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 104 000	1 277 000	1 450 000	1 623 000
Total Intangible Assets	2 352 000	2 892 000	3 258 000	3 624 000
Real Eastate	20 911 000	21 563 000	22 014 000	16 333 000
Machinery and Plant Facilities	0	79 000	2 393 000	2 714 000
Fixtures	8 075 000	6 108 000	0	0
Total Tangible Assets	28 987 000	27 751 000	24 407 000	19 046 000
Total Fiancial Fixed Assets	50 000	50 000	317 000	278 000
Total Fixed Assets	31 388 000	30 693 000	27 982 000	22 948 000
Stock	9 504 000	6 862 000	6 524 000	5 493 000
Total Investments	0	0	0	0
Cash, Bank	16 305 000	14 662 000	2 987 000	5 847 000
Total Current Assets	63 412 000	43 335 000	26 865 000	26 523 000
Total Assets	94 801 000	74 028 000	54 847 000	49 471 000
Total Equity	22 758 000	19 483 000	14 565 000	12 468 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 551 000	24 378 000	21 572 000	17 425 000
Creditors	9 856 000	7 358 000	5 751 000	4 907 000
Unpaid Taxes	4 524 000	4 018 000	3 710 000	4 251 000
Dividends	8 000 000	2 000 000	600 000	0
Other Current Debt	24 257 000	14 734 000	8 172 000	9 422 000
Total Current Debt	50 492 000	30 167 000	18 711 000	19 578 000
Total Equity and Debt	94 801 000	74 028 000	54 847 000	49 471 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,54 %	35,51 %	18,57 %	19,15 %
Debt-to-Equity Ratio	0,95	1,25	1,48	1,4
Operating Profit Margin	7,81 %	7,85 %	3,99 %	3,05 %
Current Ratio	1,26	1,44	1,44	1,35
Quick Ratio	1,55	1,86	2,2	1,88
Equity Ratio	0,24	0,26	0,27	0,25
Gross Profit Margin	36,57 %	47,8 %	45,74 %	48,14 %