ELEMENTS GLOBAL SERVICES NORWAY AS

0484 OSLO

Finances

Share Ownership

Return on Equity

3,59 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 910 000	1 674 000	1 304 000	1 647 000
Net Income	6 000	5 000	141 000	15 000
Total Assets	5 976 000	3 040 000	1 760 000	481 000
Total Equity	167 000	161 000	156 000	15 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 910 000	1 674 000	1 304 000	1 647 000
Expenditure	2 900 000	1 667 000	1 276 000	1 620 000
Operating Profit	10 000	7 000	28 000	26 000
Financial Income	0	0	153 000	0
Financial Costs	2 000	1 000	1 000	7 000
Financial Balance	−2 000	−1 000	152 000	−7 000
Earnings Before Tax	8 000	6 000	181 000	19 000
Tax	2 000	1 000	40 000	4 000
Net Income	6 000	5 000	141 000	15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	5 976 000	3 040 000	1 760 000	481 000
Total Assets	5 976 000	3 040 000	1 760 000	481 000
Total Retained Equity	137 000	131 000	126 000	−15 000
Total Equity	167 000	161 000	156 000	15 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 809 000	2 880 000	1 604 000	466 000
Total Equity and Debt	5 976 000	3 040 000	1 760 000	481 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 910 000	1 674 000	1 304 000	1 647 000
Other Income	0	0	0	0
Revenue	2 910 000	1 674 000	1 304 000	1 647 000
Cost of Goods Sold	0	0	402 000	629 000
Salary Costs	2 849 000	1 493 000	874 000	991 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 900 000	1 667 000	1 276 000	1 620 000
Operating Profit	10 000	7 000	28 000	26 000
Financial Income	0	0	153 000	0
Financial Costs	2 000	1 000	1 000	7 000
Financial Balance	−2 000	−1 000	152 000	−7 000
Dividends	0	0	0	0
Net Income	6 000	5 000	141 000	15 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	20 000	32 000	456 000	80 000
Total Current Assets	5 976 000	3 040 000	1 760 000	481 000
Total Assets	5 976 000	3 040 000	1 760 000	481 000
Total Equity	167 000	161 000	156 000	15 000
Short-Term Group Debt	5 384 000	2 584 000	1 558 000	1 000
Total Long-Term Debt	0	0	0	0
Creditors	119 000	164 000	22 000	35 000
Unpaid Taxes	304 000	130 000	0	426 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	5 809 000	2 880 000	1 604 000	466 000
Total Equity and Debt	5 976 000	3 040 000	1 760 000	481 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,59 %	3,11 %	90,38 %	100 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,34 %	0,42 %	2,15 %	1,58 %
Current Ratio	1,03	1,06	1,1	1,03
Quick Ratio	1,03	1,06	1,1	1,03
Equity Ratio	0,03	0,05	0,09	0,03
Gross Profit Margin	100 %	100 %	69,17 %	61,81 %