ELVEBAKKEN 11 AS

5251 SØREIDGREND

Finances

Share Ownership

Return on Equity

108,5 %

Current Ratio

4,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 995 000	0	0	0
Net Income	5 351 000	−330 000	−50 000	−63 000
Total Assets	6 306 000	24 451 000	10 217 000	8 797 000
Total Equity	4 932 000	−418 000	−89 000	−39 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 995 000	0	0	0
Expenditure	24 610 000	73 000	50 000	64 000
Operating Profit	7 385 000	−73 000	−50 000	−64 000
Financial Income	16 000	0	0	1 000
Financial Costs	690 000	257 000	0	0
Financial Balance	−674 000	−257 000	0	1 000
Earnings Before Tax	6 711 000	−330 000	−50 000	−63 000
Tax	1 360 000	0	0	0
Net Income	5 351 000	−330 000	−50 000	−63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	7 300 000	7 300 000	7 300 000
Total Current Assets	6 306 000	17 151 000	2 917 000	1 497 000
Total Assets	6 306 000	24 451 000	10 217 000	8 797 000
Total Retained Equity	4 828 000	−523 000	−193 000	−143 000
Total Equity	4 932 000	−418 000	−89 000	−39 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 374 000	24 870 000	10 306 000	8 836 000
Total Equity and Debt	6 306 000	24 451 000	10 217 000	8 797 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 995 000	0	0	0
Other Income	0	0	0	0
Revenue	31 995 000	0	0	0
Cost of Goods Sold	24 497 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	24 610 000	73 000	50 000	64 000
Operating Profit	7 385 000	−73 000	−50 000	−64 000
Financial Income	16 000	0	0	1 000
Financial Costs	690 000	257 000	0	0
Financial Balance	−674 000	−257 000	0	1 000
Dividends	0	0	0	0
Net Income	5 351 000	−330 000	−50 000	−63 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	7 300 000	7 300 000	7 300 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	7 300 000	7 300 000	7 300 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	7 300 000	7 300 000	7 300 000
Stock	0	16 088 000	2 909 000	1 479 000
Total Investments	0	0	0	0
Cash, Bank	297 000	1 000	8 000	18 000
Total Current Assets	6 306 000	17 151 000	2 917 000	1 497 000
Total Assets	6 306 000	24 451 000	10 217 000	8 797 000
Total Equity	4 932 000	−418 000	−89 000	−39 000
Short-Term Group Debt	0	23 203 000	63 000	8 834 000
Total Long-Term Debt	0	0	0	0
Creditors	13 000	1 666 000	1 408 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	8 836 000	1 000
Total Current Debt	1 374 000	24 870 000	10 306 000	8 836 000
Total Equity and Debt	6 306 000	24 451 000	10 217 000	8 797 000

Financial indicators	2022	2021	2020	2019
Return on Equity	108,5 %	78,95 %	56,18 %	161,54 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	23,08 %	-	-	-
Current Ratio	4,59	0,69	0,28	0,17
Quick Ratio	4,59	1,95	0,39	0,2
Equity Ratio	0,78	−0,02	−0,01	−0
Gross Profit Margin	23,43 %	-	-	-