ELCOTEX AS

1930 AURSKOG

Finances

Share Ownership

Return on Equity

−0,33 %

Current Ratio

2,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	716 000	798 000	683 000	837 000
Net Income	−1 000	82 000	40 000	66 000
Total Assets	439 000	668 000	501 000	667 000
Total Equity	304 000	305 000	223 000	184 000

Income (NOK)	2022	2021	2020	2019
Revenue	716 000	798 000	683 000	837 000
Expenditure	719 000	692 000	633 000	751 000
Operating Profit	−2 000	106 000	50 000	85 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−2 000	106 000	51 000	85 000
Tax	0	23 000	11 000	19 000
Net Income	−1 000	82 000	40 000	66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	118 000	162 000	245 000	299 000
Total Current Assets	321 000	506 000	256 000	368 000
Total Assets	439 000	668 000	501 000	667 000
Total Retained Equity	274 000	275 000	193 000	154 000
Total Equity	304 000	305 000	223 000	184 000
Total Long-Term Debt	0	2 000	10 000	13 000
Total Current Debt	135 000	360 000	269 000	470 000
Total Equity and Debt	439 000	668 000	501 000	667 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	716 000	798 000	683 000	837 000
Other Income	0	0	0	0
Revenue	716 000	798 000	683 000	837 000
Cost of Goods Sold	145 000	74 000	106 000	283 000
Salary Costs	0	95 000	46 000	174 000
Depreciation	84 000	84 000	84 000	28 000
Impairment	0	0	0	0
Expenditure	719 000	692 000	633 000	751 000
Operating Profit	−2 000	106 000	50 000	85 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−1 000	82 000	40 000	66 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	111 000	162 000	245 000	299 000
Total Tangible Assets	111 000	162 000	245 000	299 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	118 000	162 000	245 000	299 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	278 000	464 000	222 000	368 000
Total Current Assets	321 000	506 000	256 000	368 000
Total Assets	439 000	668 000	501 000	667 000
Total Equity	304 000	305 000	223 000	184 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	10 000	13 000
Creditors	−1 000	4 000	1 000	37 000
Unpaid Taxes	117 000	115 000	63 000	89 000
Dividends	0	0	0	0
Other Current Debt	11 000	210 000	190 000	339 000
Total Current Debt	135 000	360 000	269 000	470 000
Total Equity and Debt	439 000	668 000	501 000	667 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,33 %	26,89 %	17,94 %	35,87 %
Debt-to-Equity Ratio	0	0,01	0,04	0,07
Operating Profit Margin	−0,28 %	13,28 %	7,32 %	10,16 %
Current Ratio	2,38	1,41	0,95	0,78
Quick Ratio	2,38	1,41	0,95	0,78
Equity Ratio	0,69	0,46	0,45	0,28
Gross Profit Margin	79,75 %	90,73 %	84,48 %	66,19 %