ELEMENTMONTERING AS

6060 HAREID

Finances

Share Ownership

Return on Equity

71,32 %

Current Ratio

1,08

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 621 000	38 268 000	36 638 000	26 944 000
Net Income	2 064 000	248 000	1 017 000	−294 000
Total Assets	14 528 000	13 005 000	9 765 000	7 893 000
Total Equity	2 894 000	1 430 000	1 183 000	166 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 621 000	38 268 000	36 638 000	26 944 000
Expenditure	47 877 000	37 855 000	35 204 000	27 133 000
Operating Profit	2 744 000	413 000	1 434 000	−188 000
Financial Income	2 000	0	0	1 000
Financial Costs	98 000	95 000	131 000	189 000
Financial Balance	−96 000	−95 000	−131 000	−188 000
Earnings Before Tax	2 648 000	318 000	1 304 000	−377 000
Tax	585 000	70 000	287 000	−83 000
Net Income	2 064 000	248 000	1 017 000	−294 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 462 000	1 952 000	1 880 000	1 490 000
Total Current Assets	12 065 000	11 053 000	7 885 000	6 403 000
Total Assets	14 528 000	13 005 000	9 765 000	7 893 000
Total Retained Equity	2 794 000	1 330 000	1 083 000	66 000
Total Equity	2 894 000	1 430 000	1 183 000	166 000
Total Long-Term Debt	471 000	1 425 000	1 576 000	500 000
Total Current Debt	11 163 000	10 150 000	7 006 000	7 228 000
Total Equity and Debt	14 528 000	13 005 000	9 765 000	7 893 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 571 000	38 258 000	36 638 000	26 944 000
Other Income	50 000	10 000	0	0
Revenue	50 621 000	38 268 000	36 638 000	26 944 000
Cost of Goods Sold	14 138 000	14 892 000	15 660 000	10 375 000
Salary Costs	24 636 000	16 943 000	13 219 000	12 130 000
Depreciation	776 000	628 000	430 000	221 000
Impairment	0	175 000	0	0
Expenditure	47 877 000	37 855 000	35 204 000	27 133 000
Operating Profit	2 744 000	413 000	1 434 000	−188 000
Financial Income	2 000	0	0	1 000
Financial Costs	98 000	95 000	131 000	189 000
Financial Balance	−96 000	−95 000	−131 000	−188 000
Dividends	600 000	0	0	0
Net Income	2 064 000	248 000	1 017 000	−294 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	264 000	408 000	552 000	696 000
Total Intangible Assets	264 000	408 000	552 000	865 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	164 000
Fixtures	1 860 000	1 544 000	1 328 000	462 000
Total Tangible Assets	1 860 000	1 544 000	1 328 000	625 000
Total Fiancial Fixed Assets	339 000	0	0	0
Total Fixed Assets	2 462 000	1 952 000	1 880 000	1 490 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 225 000	4 239 000	1 286 000	513 000
Total Current Assets	12 065 000	11 053 000	7 885 000	6 403 000
Total Assets	14 528 000	13 005 000	9 765 000	7 893 000
Total Equity	2 894 000	1 430 000	1 183 000	166 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	471 000	1 425 000	1 576 000	500 000
Creditors	1 396 000	2 363 000	2 069 000	2 137 000
Unpaid Taxes	3 497 000	2 444 000	1 534 000	1 059 000
Dividends	600 000	0	0	0
Other Current Debt	4 936 000	5 342 000	3 069 000	2 517 000
Total Current Debt	11 163 000	10 150 000	7 006 000	7 228 000
Total Equity and Debt	14 528 000	13 005 000	9 765 000	7 893 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,32 %	17,34 %	85,97 %	−177,11 %
Debt-to-Equity Ratio	0,16	1	1,33	3,01
Operating Profit Margin	5,42 %	1,08 %	3,91 %	−0,7 %
Current Ratio	1,08	1,09	1,13	0,89
Quick Ratio	1,08	1,09	1,13	0,89
Equity Ratio	0,2	0,11	0,12	0,02
Gross Profit Margin	72,07 %	61,08 %	57,26 %	61,49 %