ELVEBAKKEN AS

6440 ELNESVÅGEN

Finances

Share Ownership

Return on Equity

−5,5 %

Current Ratio

233,27

Debt-to-Equity Ratio

1,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	590 000	1 770 000	1 560 000	34 515 000
Net Income	−630 000	−549 000	−156 000	3 022 000
Total Assets	29 470 000	30 745 000	33 026 000	25 377 000
Total Equity	11 445 000	12 075 000	12 624 000	12 780 000

Income (NOK)	2022	2021	2020	2019
Revenue	590 000	1 770 000	1 560 000	34 515 000
Expenditure	750 000	1 796 000	1 756 000	30 672 000
Operating Profit	−160 000	−26 000	−197 000	3 843 000
Financial Income	0	0	2 000	31 000
Financial Costs	648 000	677 000	4 000	0
Financial Balance	−648 000	−677 000	−2 000	31 000
Earnings Before Tax	−808 000	−703 000	−199 000	3 874 000
Tax	−178 000	−155 000	−43 000	852 000
Net Income	−630 000	−549 000	−156 000	3 022 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 277 000	4 812 000	5 347 000	0
Total Current Assets	25 193 000	25 933 000	27 679 000	25 377 000
Total Assets	29 470 000	30 745 000	33 026 000	25 377 000
Total Retained Equity	1 445 000	2 075 000	2 624 000	2 780 000
Total Equity	11 445 000	12 075 000	12 624 000	12 780 000
Total Long-Term Debt	17 918 000	18 395 000	19 919 000	11 881 000
Total Current Debt	108 000	275 000	483 000	717 000
Total Equity and Debt	29 470 000	30 745 000	33 026 000	25 377 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	590 000	1 770 000	1 560 000	34 515 000
Other Income	0	0	0	0
Revenue	590 000	1 770 000	1 560 000	34 515 000
Cost of Goods Sold	561 000	1 490 000	1 347 000	29 672 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	750 000	1 796 000	1 756 000	30 672 000
Operating Profit	−160 000	−26 000	−197 000	3 843 000
Financial Income	0	0	2 000	31 000
Financial Costs	648 000	677 000	4 000	0
Financial Balance	−648 000	−677 000	−2 000	31 000
Dividends	0	0	0	0
Net Income	−630 000	−549 000	−156 000	3 022 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	4 277 000	4 812 000	5 347 000	0
Total Fixed Assets	4 277 000	4 812 000	5 347 000	0
Stock	25 004 000	25 476 000	26 995 000	24 706 000
Total Investments	0	0	0	0
Cash, Bank	189 000	504 000	488 000	146 000
Total Current Assets	25 193 000	25 933 000	27 679 000	25 377 000
Total Assets	29 470 000	30 745 000	33 026 000	25 377 000
Total Equity	11 445 000	12 075 000	12 624 000	12 780 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 918 000	18 395 000	19 919 000	11 881 000
Creditors	11 000	28 000	153 000	148 000
Unpaid Taxes	0	0	47 000	47 000
Dividends	0	0	0	0
Other Current Debt	97 000	247 000	283 000	5 000
Total Current Debt	108 000	275 000	483 000	717 000
Total Equity and Debt	29 470 000	30 745 000	33 026 000	25 377 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,5 %	−4,55 %	−1,24 %	23,65 %
Debt-to-Equity Ratio	1,57	1,52	1,58	0,93
Operating Profit Margin	−27,12 %	−1,47 %	−12,63 %	11,13 %
Current Ratio	233,27	94,3	57,31	35,39
Quick Ratio	−1,01	−1,03	−1,04	−1,06
Equity Ratio	0,39	0,39	0,38	0,5
Gross Profit Margin	4,92 %	15,82 %	13,65 %	14,03 %