ELEMENTPARTNER AS

6300 ÅNDALSNES

Finances

Return on Equity

296,77 %

Current Ratio

0,66

Debt-to-Equity Ratio

18,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	207 765 000	192 901 000	166 975 000	138 539 000
Net Income	14 678 000	−2 551 000	−7 083 000	−5 299 000
Total Assets	162 432 000	169 710 000	166 008 000	175 257 000
Total Equity	4 946 000	−9 731 000	−10 680 000	−3 597 000

Income (NOK)	2022	2021	2020	2019
Revenue	207 765 000	192 901 000	166 975 000	138 539 000
Expenditure	182 687 000	190 274 000	170 288 000	139 032 000
Operating Profit	25 078 000	2 626 000	−3 314 000	−493 000
Financial Income	1 124 000	52 000	18 000	73 000
Financial Costs	7 298 000	5 862 000	5 703 000	6 379 000
Financial Balance	−6 174 000	−5 810 000	−5 685 000	−6 306 000
Earnings Before Tax	18 903 000	−3 184 000	−8 998 000	−6 799 000
Tax	4 225 000	−633 000	−1 915 000	−1 500 000
Net Income	14 678 000	−2 551 000	−7 083 000	−5 299 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	118 687 000	126 788 000	130 785 000	133 991 000
Total Current Assets	43 746 000	42 922 000	35 223 000	41 265 000
Total Assets	162 432 000	169 710 000	166 008 000	175 257 000
Total Retained Equity	4 596 000	−10 081 000	−13 717 000	−6 634 000
Total Equity	4 946 000	−9 731 000	−10 680 000	−3 597 000
Total Long-Term Debt	91 489 000	99 832 000	101 924 000	110 917 000
Total Current Debt	65 997 000	79 609 000	74 764 000	67 936 000
Total Equity and Debt	162 432 000	169 710 000	166 008 000	175 257 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	207 760 000	188 278 000	164 815 000	136 175 000
Other Income	5 000	4 623 000	2 159 000	2 364 000
Revenue	207 765 000	192 901 000	166 975 000	138 539 000
Cost of Goods Sold	101 746 000	114 000 000	94 699 000	69 017 000
Salary Costs	59 391 000	54 057 000	51 526 000	47 702 000
Depreciation	6 216 000	6 000 000	7 405 000	7 557 000
Impairment	0	0	0	0
Expenditure	182 687 000	190 274 000	170 288 000	139 032 000
Operating Profit	25 078 000	2 626 000	−3 314 000	−493 000
Financial Income	1 124 000	52 000	18 000	73 000
Financial Costs	7 298 000	5 862 000	5 703 000	6 379 000
Financial Balance	−6 174 000	−5 810 000	−5 685 000	−6 306 000
Dividends	0	0	0	0
Net Income	14 678 000	−2 551 000	−7 083 000	−5 299 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 459 000	11 684 000	11 052 000	9 137 000
Real Eastate	69 335 000	70 628 000	72 065 000	73 019 000
Machinery and Plant Facilities	37 924 000	40 902 000	43 980 000	48 090 000
Fixtures	3 669 000	3 274 000	3 389 000	3 445 000
Total Tangible Assets	110 927 000	114 804 000	119 433 000	124 554 000
Total Fiancial Fixed Assets	300 000	300 000	300 000	300 000
Total Fixed Assets	118 687 000	126 788 000	130 785 000	133 991 000
Stock	1 890 000	3 784 000	3 497 000	3 988 000
Total Investments	0	0	0	0
Cash, Bank	3 434 000	686 000	647 000	587 000
Total Current Assets	43 746 000	42 922 000	35 223 000	41 265 000
Total Assets	162 432 000	169 710 000	166 008 000	175 257 000
Total Equity	4 946 000	−9 731 000	−10 680 000	−3 597 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	91 489 000	99 832 000	101 924 000	110 917 000
Creditors	10 781 000	12 050 000	22 608 000	18 263 000
Unpaid Taxes	7 697 000	5 084 000	2 201 000	4 317 000
Dividends	0	0	0	0
Other Current Debt	33 055 000	45 037 000	40 218 000	33 064 000
Total Current Debt	65 997 000	79 609 000	74 764 000	67 936 000
Total Equity and Debt	162 432 000	169 710 000	166 008 000	175 257 000

Financial indicators	2022	2021	2020	2019
Return on Equity	296,77 %	26,22 %	66,32 %	147,32 %
Debt-to-Equity Ratio	18,5	−10,26	−9,54	−30,84
Operating Profit Margin	12,07 %	1,36 %	−1,98 %	−0,36 %
Current Ratio	0,66	0,54	0,47	0,61
Quick Ratio	0,68	0,57	0,49	0,65
Equity Ratio	0,03	−0,06	−0,06	−0,02
Gross Profit Margin	51,03 %	40,9 %	43,29 %	50,18 %