ELSYKKELBUTIKKEN AS

7041 TRONDHEIM

Finances

Share Ownership

Return on Equity

49,86 %

Current Ratio

1,61

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2021	2020	2019	2018
Revenue	24 840 000	17 154 000	7 532 000	4 289 000
Net Income	3 174 000	2 115 000	101 000	776 000
Total Assets	18 622 000	9 654 000	3 568 000	2 506 000
Total Equity	6 366 000	3 191 000	1 077 000	976 000

Income (NOK)	2021	2020	2019	2018
Revenue	24 840 000	17 154 000	7 532 000	4 289 000
Expenditure	20 355 000	14 004 000	7 168 000	3 250 000
Operating Profit	4 486 000	3 151 000	363 000	1 038 000
Financial Income	168 000	1 000	15 000	0
Financial Costs	573 000	337 000	244 000	31 000
Financial Balance	−405 000	−336 000	−229 000	−31 000
Earnings Before Tax	4 081 000	2 814 000	133 000	1 007 000
Tax	906 000	700 000	32 000	232 000
Net Income	3 174 000	2 115 000	101 000	776 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	131 000	21 000	0	3 000
Total Current Assets	18 490 000	9 632 000	3 568 000	2 502 000
Total Assets	18 622 000	9 654 000	3 568 000	2 506 000
Total Retained Equity	6 166 000	2 991 000	877 000	0
Total Equity	6 366 000	3 191 000	1 077 000	976 000
Total Long-Term Debt	759 000	1 582 000	1 543 000	−1 543 000
Total Current Debt	11 497 000	4 880 000	948 000	3 073 000
Total Equity and Debt	18 622 000	9 654 000	3 568 000	2 506 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	24 829 000	17 146 000	7 532 000	4 289 000
Other Income	12 000	8 000	0	0
Revenue	24 840 000	17 154 000	7 532 000	4 289 000
Cost of Goods Sold	13 465 000	9 903 000	4 846 000	2 321 000
Salary Costs	3 969 000	2 127 000	1 284 000	444 000
Depreciation	9 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	20 355 000	14 004 000	7 168 000	3 250 000
Operating Profit	4 486 000	3 151 000	363 000	1 038 000
Financial Income	168 000	1 000	15 000	0
Financial Costs	573 000	337 000	244 000	31 000
Financial Balance	−405 000	−336 000	−229 000	−31 000
Dividends	0	0	0	0
Net Income	3 174 000	2 115 000	101 000	776 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	13 000	21 000	0	0
Total Intangible Assets	13 000	21 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	2 000
Fixtures	18 000	0	0	0
Total Tangible Assets	18 000	0	0	2 000
Total Fiancial Fixed Assets	100 000	0	0	2 000
Total Fixed Assets	131 000	21 000	0	3 000
Stock	12 874 000	7 589 000	2 873 000	1 898 000
Total Investments	0	0	0	0
Cash, Bank	200 000	139 000	76 000	−22 000
Total Current Assets	18 490 000	9 632 000	3 568 000	2 502 000
Total Assets	18 622 000	9 654 000	3 568 000	2 506 000
Total Equity	6 366 000	3 191 000	1 077 000	976 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	759 000	1 582 000	1 543 000	−1 543 000
Creditors	389 000	973 000	141 000	2 219 000
Unpaid Taxes	465 000	469 000	134 000	540 000
Dividends	0	0	0	0
Other Current Debt	667 000	233 000	353 000	69 000
Total Current Debt	11 497 000	4 880 000	948 000	3 073 000
Total Equity and Debt	18 622 000	9 654 000	3 568 000	2 506 000

Financial indicators	2021	2020	2019	2018
Return on Equity	49,86 %	66,28 %	9,38 %	79,51 %
Debt-to-Equity Ratio	0,12	0,5	1,43	−1,58
Operating Profit Margin	18,06 %	18,37 %	4,82 %	24,2 %
Current Ratio	1,61	1,97	3,76	0,81
Quick Ratio	−13,43	−3,56	−1,85	2,13
Equity Ratio	0,34	0,33	0,3	0,39
Gross Profit Margin	45,79 %	42,27 %	35,66 %	45,88 %