ELSTAD AS

9024 TOMASJORD

Finances

Share Ownership

Return on Equity

44,12 %

Current Ratio

1,57

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 315 000	3 241 000	3 952 000	4 356 000
Net Income	360 000	−15 000	282 000	463 000
Total Assets	1 354 000	1 409 000	2 007 000	1 701 000
Total Equity	816 000	855 000	870 000	1 078 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 315 000	3 241 000	3 952 000	4 356 000
Expenditure	3 852 000	3 258 000	3 579 000	3 746 000
Operating Profit	463 000	−17 000	374 000	609 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	2 000	11 000	16 000
Financial Balance	−1 000	−2 000	−11 000	−15 000
Earnings Before Tax	462 000	−19 000	363 000	594 000
Tax	102 000	−4 000	80 000	131 000
Net Income	360 000	−15 000	282 000	463 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	612 000	830 000	1 086 000	994 000
Total Current Assets	743 000	579 000	920 000	707 000
Total Assets	1 354 000	1 409 000	2 007 000	1 701 000
Total Retained Equity	565 000	605 000	619 000	827 000
Total Equity	816 000	855 000	870 000	1 078 000
Total Long-Term Debt	65 000	92 000	212 000	297 000
Total Current Debt	473 000	462 000	925 000	326 000
Total Equity and Debt	1 354 000	1 409 000	2 007 000	1 701 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 156 000	3 085 000	3 744 000	3 859 000
Other Income	158 000	156 000	208 000	497 000
Revenue	4 315 000	3 241 000	3 952 000	4 356 000
Cost of Goods Sold	1 170 000	558 000	613 000	830 000
Salary Costs	1 042 000	1 131 000	1 127 000	1 182 000
Depreciation	88 000	86 000	69 000	136 000
Impairment	0	0	0	0
Expenditure	3 852 000	3 258 000	3 579 000	3 746 000
Operating Profit	463 000	−17 000	374 000	609 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	2 000	11 000	16 000
Financial Balance	−1 000	−2 000	−11 000	−15 000
Dividends	0	0	400 000	0
Net Income	360 000	−15 000	282 000	463 000

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	290 000	369 000	449 000	250 000
Fixtures	69 000	57 000	63 000	0
Total Tangible Assets	359 000	426 000	512 000	250 000
Total Fiancial Fixed Assets	252 000	404 000	575 000	744 000
Total Fixed Assets	612 000	830 000	1 086 000	994 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	564 000	233 000	517 000	377 000
Total Current Assets	743 000	579 000	920 000	707 000
Total Assets	1 354 000	1 409 000	2 007 000	1 701 000
Total Equity	816 000	855 000	870 000	1 078 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	65 000	92 000	212 000	297 000
Creditors	130 000	95 000	121 000	58 000
Unpaid Taxes	122 000	161 000	96 000	55 000
Dividends	0	0	400 000	0
Other Current Debt	93 000	190 000	104 000	133 000
Total Current Debt	473 000	462 000	925 000	326 000
Total Equity and Debt	1 354 000	1 409 000	2 007 000	1 701 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,12 %	−1,75 %	32,41 %	42,95 %
Debt-to-Equity Ratio	0,08	0,11	0,24	0,28
Operating Profit Margin	10,73 %	−0,52 %	9,46 %	13,98 %
Current Ratio	1,57	1,25	0,99	2,17
Quick Ratio	1,57	1,25	0,99	2,17
Equity Ratio	0,6	0,61	0,43	0,63
Gross Profit Margin	72,89 %	82,78 %	84,49 %	80,95 %