K. ELVESETER AS

6092 FOSNAVÅG

Finances

Share Ownership

Return on Equity

31,78 %

Current Ratio

1,38

Debt-to-Equity Ratio

−9,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	953 000	323 000	594 000	437 000
Net Income	−211 000	−780 000	−239 000	45 000
Total Assets	5 413 000	5 736 000	6 137 000	1 574 000
Total Equity	−664 000	−453 000	327 000	566 000

Income (NOK)	2022	2021	2020	2019
Revenue	953 000	323 000	594 000	437 000
Expenditure	924 000	808 000	757 000	311 000
Operating Profit	30 000	−485 000	−163 000	126 000
Financial Income	5 000	3 000	0	0
Financial Costs	246 000	179 000	143 000	69 000
Financial Balance	−241 000	−176 000	−143 000	−69 000
Earnings Before Tax	−211 000	−661 000	−306 000	58 000
Tax	0	119 000	−67 000	13 000
Net Income	−211 000	−780 000	−239 000	45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 345 000	5 640 000	5 973 000	1 451 000
Total Current Assets	69 000	96 000	165 000	123 000
Total Assets	5 413 000	5 736 000	6 137 000	1 574 000
Total Retained Equity	−1 414 000	−1 203 000	−423 000	−184 000
Total Equity	−664 000	−453 000	327 000	566 000
Total Long-Term Debt	6 027 000	6 128 000	5 751 000	731 000
Total Current Debt	50 000	61 000	59 000	277 000
Total Equity and Debt	5 413 000	5 736 000	6 137 000	1 574 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	871 000	163 000	594 000	72 000
Other Income	82 000	160 000	0	365 000
Revenue	953 000	323 000	594 000	437 000
Cost of Goods Sold	22 000	4 000	15 000	2 000
Salary Costs	12 000	26 000	107 000	12 000
Depreciation	412 000	396 000	264 000	104 000
Impairment	0	0	0	0
Expenditure	924 000	808 000	757 000	311 000
Operating Profit	30 000	−485 000	−163 000	126 000
Financial Income	5 000	3 000	0	0
Financial Costs	246 000	179 000	143 000	69 000
Financial Balance	−241 000	−176 000	−143 000	−69 000
Dividends	0	0	0	0
Net Income	−211 000	−780 000	−239 000	45 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 500 000	1 500 000	1 619 000	52 000
Real Eastate	719 000	768 000	818 000	743 000
Machinery and Plant Facilities	170 000	238 000	266 000	277 000
Fixtures	351 000	379 000	360 000	275 000
Total Tangible Assets	3 845 000	4 140 000	4 353 000	1 399 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 345 000	5 640 000	5 973 000	1 451 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 000	0	51 000	2 000
Total Current Assets	69 000	96 000	165 000	123 000
Total Assets	5 413 000	5 736 000	6 137 000	1 574 000
Total Equity	−664 000	−453 000	327 000	566 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 027 000	6 128 000	5 751 000	731 000
Creditors	37 000	25 000	18 000	277 000
Unpaid Taxes	0	0	19 000	0
Dividends	0	0	0	0
Other Current Debt	13 000	36 000	21 000	0
Total Current Debt	50 000	61 000	59 000	277 000
Total Equity and Debt	5 413 000	5 736 000	6 137 000	1 574 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,78 %	172,19 %	−73,09 %	7,95 %
Debt-to-Equity Ratio	−9,08	−13,53	17,59	1,29
Operating Profit Margin	3,15 %	−150,15 %	−27,44 %	28,83 %
Current Ratio	1,38	1,57	2,8	0,44
Quick Ratio	1,38	1,57	2,8	0,44
Equity Ratio	−0,12	−0,08	0,05	0,36
Gross Profit Margin	97,69 %	98,76 %	97,47 %	99,54 %