ELFAM AS

3015 DRAMMEN

Finances

Share Ownership

Return on Equity

57,55 %

Current Ratio

4,05

Debt-to-Equity Ratio

0,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 412 000	7 927 000	8 054 000	10 617 000
Net Income	1 612 000	395 000	−223 000	311 000
Total Assets	5 208 000	3 890 000	30 492 000	26 105 000
Total Equity	2 801 000	1 199 000	434 000	570 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 412 000	7 927 000	8 054 000	10 617 000
Expenditure	8 425 000	7 414 000	8 327 000	10 130 000
Operating Profit	1 988 000	512 000	−273 000	487 000
Financial Income	99 000	17 000	31 000	3 000
Financial Costs	1 000	1 000	10 000	43 000
Financial Balance	98 000	16 000	21 000	−40 000
Earnings Before Tax	2 086 000	527 000	−252 000	447 000
Tax	474 000	132 000	−29 000	136 000
Net Income	1 612 000	395 000	−223 000	311 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	94 000	80 000	159 000	442 000
Total Current Assets	5 114 000	3 810 000	30 333 000	25 663 000
Total Assets	5 208 000	3 890 000	30 492 000	26 105 000
Total Retained Equity	2 411 000	799 000	404 000	540 000
Total Equity	2 801 000	1 199 000	434 000	570 000
Total Long-Term Debt	1 143 000	1 229 000	1 659 000	1 231 000
Total Current Debt	1 264 000	1 461 000	28 399 000	24 303 000
Total Equity and Debt	5 208 000	3 890 000	30 492 000	26 105 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	8 039 000	10 617 000
Other Income	10 412 000	7 927 000	15 000	0
Revenue	10 412 000	7 927 000	8 054 000	10 617 000
Cost of Goods Sold	0	0	0	1 000
Salary Costs	1 426 000	2 064 000	2 524 000	2 042 000
Depreciation	28 000	28 000	73 000	107 000
Impairment	0	0	0	0
Expenditure	8 425 000	7 414 000	8 327 000	10 130 000
Operating Profit	1 988 000	512 000	−273 000	487 000
Financial Income	99 000	17 000	31 000	3 000
Financial Costs	1 000	1 000	10 000	43 000
Financial Balance	98 000	16 000	21 000	−40 000
Dividends	0	0	0	0
Net Income	1 612 000	395 000	−223 000	311 000

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	94 000	65 000	93 000	352 000
Total Tangible Assets	94 000	65 000	93 000	352 000
Total Fiancial Fixed Assets	0	15 000	66 000	90 000
Total Fixed Assets	94 000	80 000	159 000	442 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 433 000	835 000	128 000	1 216 000
Total Current Assets	5 114 000	3 810 000	30 333 000	25 663 000
Total Assets	5 208 000	3 890 000	30 492 000	26 105 000
Total Equity	2 801 000	1 199 000	434 000	570 000
Short-Term Group Debt	0	0	390 000	368 000
Total Long-Term Debt	1 143 000	1 229 000	1 659 000	1 231 000
Creditors	394 000	348 000	490 000	1 221 000
Unpaid Taxes	172 000	93 000	188 000	259 000
Dividends	0	0	0	0
Other Current Debt	223 000	889 000	27 331 000	22 314 000
Total Current Debt	1 264 000	1 461 000	28 399 000	24 303 000
Total Equity and Debt	5 208 000	3 890 000	30 492 000	26 105 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,55 %	32,94 %	−51,38 %	54,56 %
Debt-to-Equity Ratio	0,41	1,03	3,82	2,16
Operating Profit Margin	19,09 %	6,46 %	−3,39 %	4,59 %
Current Ratio	4,05	2,61	1,07	1,06
Quick Ratio	4,05	2,61	1,07	1,06
Equity Ratio	0,54	0,31	0,01	0,02
Gross Profit Margin	100 %	100 %	100 %	99,99 %