ELGA NORGE AS

6150 ØRSTA

Finances

Share Ownership

Return on Equity

125,58 %

Current Ratio

0,37

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 128 000	9 943 000	2 693 000	4 183 000
Net Income	−864 000	32 000	145 000	−86 000
Total Assets	452 000	3 145 000	772 000	1 051 000
Total Equity	−688 000	175 000	143 000	−2 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 128 000	9 943 000	2 693 000	4 183 000
Expenditure	13 719 000	10 021 000	2 536 000	4 263 000
Operating Profit	−591 000	−77 000	157 000	−80 000
Financial Income	335 000	216 000	12 000	2 000
Financial Costs	608 000	99 000	20 000	9 000
Financial Balance	−273 000	117 000	−8 000	−7 000
Earnings Before Tax	−864 000	41 000	149 000	−86 000
Tax	0	9 000	3 000	0
Net Income	−864 000	32 000	145 000	−86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 000	111 000	283 000	0
Total Current Assets	420 000	3 034 000	490 000	1 051 000
Total Assets	452 000	3 145 000	772 000	1 051 000
Total Retained Equity	−788 000	75 000	43 000	−102 000
Total Equity	−688 000	175 000	143 000	−2 000
Total Long-Term Debt	0	0	295 000	0
Total Current Debt	1 140 000	2 970 000	334 000	1 054 000
Total Equity and Debt	452 000	3 145 000	772 000	1 051 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 127 000	9 967 000	2 693 000	4 183 000
Other Income	0	−24 000	0	0
Revenue	13 128 000	9 943 000	2 693 000	4 183 000
Cost of Goods Sold	12 862 000	9 252 000	2 062 000	3 534 000
Salary Costs	206 000	307 000	259 000	237 000
Depreciation	0	6 000	31 000	0
Impairment	0	0	0	0
Expenditure	13 719 000	10 021 000	2 536 000	4 263 000
Operating Profit	−591 000	−77 000	157 000	−80 000
Financial Income	335 000	216 000	12 000	2 000
Financial Costs	608 000	99 000	20 000	9 000
Financial Balance	−273 000	117 000	−8 000	−7 000
Dividends	0	0	0	0
Net Income	−864 000	32 000	145 000	−86 000

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	0	0	0	0
Fixtures	0	62 000	283 000	0
Total Tangible Assets	0	62 000	283 000	0
Total Fiancial Fixed Assets	32 000	49 000	0	0
Total Fixed Assets	32 000	111 000	283 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	64 000	402 000	400 000	968 000
Total Current Assets	420 000	3 034 000	490 000	1 051 000
Total Assets	452 000	3 145 000	772 000	1 051 000
Total Equity	−688 000	175 000	143 000	−2 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	295 000	0
Creditors	255 000	2 197 000	137 000	444 000
Unpaid Taxes	197 000	697 000	77 000	52 000
Dividends	0	0	0	0
Other Current Debt	688 000	68 000	117 000	558 000
Total Current Debt	1 140 000	2 970 000	334 000	1 054 000
Total Equity and Debt	452 000	3 145 000	772 000	1 051 000

Financial indicators	2022	2021	2020	2019
Return on Equity	125,58 %	18,29 %	101,4 %	4 300 %
Debt-to-Equity Ratio	−0	0	2,06	−0
Operating Profit Margin	−4,5 %	−0,77 %	5,83 %	−1,91 %
Current Ratio	0,37	1,02	1,47	1
Quick Ratio	0,37	1,02	1,47	1
Equity Ratio	−1,52	0,06	0,19	−0
Gross Profit Margin	2,03 %	6,95 %	23,43 %	15,52 %