ELVENITE AS

0154 OSLO

Finances

Share Ownership

Return on Equity

−1,7 %

Current Ratio

0,33

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 195 000	697 000	3 832 000	6 496 000
Net Income	6 000	−74 000	−35 000	558 000
Total Assets	559 000	462 000	1 928 000	1 864 000
Total Equity	−352 000	−358 000	−284 000	−250 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 195 000	697 000	3 832 000	6 496 000
Expenditure	1 188 000	937 000	3 793 000	5 790 000
Operating Profit	7 000	−240 000	40 000	707 000
Financial Income	0	0	164 000	103 000
Financial Costs	0	0	248 000	78 000
Financial Balance	0	0	−84 000	25 000
Earnings Before Tax	7 000	−240 000	−44 000	732 000
Tax	2 000	−166 000	−10 000	175 000
Net Income	6 000	−74 000	−35 000	558 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	258 000	253 000	86 000	605 000
Total Current Assets	301 000	210 000	1 842 000	1 258 000
Total Assets	559 000	462 000	1 928 000	1 864 000
Total Retained Equity	−382 000	−388 000	−314 000	−280 000
Total Equity	−352 000	−358 000	−284 000	−250 000
Total Long-Term Debt	0	0	0	1 772 000
Total Current Debt	911 000	820 000	2 212 000	342 000
Total Equity and Debt	559 000	462 000	1 928 000	1 864 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 195 000	697 000	3 832 000	6 496 000
Other Income	0	0	0	0
Revenue	1 195 000	697 000	3 832 000	6 496 000
Cost of Goods Sold	413 000	561 000	1 625 000	5 511 000
Salary Costs	0	0	0	−5 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 188 000	937 000	3 793 000	5 790 000
Operating Profit	7 000	−240 000	40 000	707 000
Financial Income	0	0	164 000	103 000
Financial Costs	0	0	248 000	78 000
Financial Balance	0	0	−84 000	25 000
Dividends	0	0	0	0
Net Income	6 000	−74 000	−35 000	558 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	251 000	253 000	86 000	76 000
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	7 000	0	0	529 000
Total Fixed Assets	258 000	253 000	86 000	605 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	88 000	171 000	758 000	710 000
Total Current Assets	301 000	210 000	1 842 000	1 258 000
Total Assets	559 000	462 000	1 928 000	1 864 000
Total Equity	−352 000	−358 000	−284 000	−250 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 772 000
Creditors	85 000	0	210 000	322 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	827 000	820 000	2 002 000	20 000
Total Current Debt	911 000	820 000	2 212 000	342 000
Total Equity and Debt	559 000	462 000	1 928 000	1 864 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,7 %	20,67 %	12,32 %	−223,2 %
Debt-to-Equity Ratio	−0	−0	−0	−7,09
Operating Profit Margin	0,59 %	−34,43 %	1,04 %	10,88 %
Current Ratio	0,33	0,26	0,83	3,68
Quick Ratio	0,33	0,26	0,83	3,68
Equity Ratio	−0,63	−0,77	−0,15	−0,13
Gross Profit Margin	65,44 %	19,51 %	57,59 %	15,16 %