ELLAS VASK AS

7080 HEIMDAL

Finances

Share Ownership

Return on Equity

596,3 %

Current Ratio

0,94

Debt-to-Equity Ratio

3,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 354 000	3 908 000	3 012 000	2 695 000
Net Income	161 000	43 000	32 000	−261 000
Total Assets	889 000	1 183 000	1 078 000	931 000
Total Equity	27 000	−134 000	−177 000	−209 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 354 000	3 908 000	3 012 000	2 695 000
Expenditure	4 175 000	3 825 000	2 947 000	2 942 000
Operating Profit	180 000	83 000	65 000	−247 000
Financial Income	0	0	2 000	3 000
Financial Costs	19 000	39 000	35 000	16 000
Financial Balance	−19 000	−39 000	−33 000	−13 000
Earnings Before Tax	161 000	43 000	32 000	−261 000
Tax	0	0	0	0
Net Income	161 000	43 000	32 000	−261 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	165 000	528 000	613 000	627 000
Total Current Assets	724 000	655 000	465 000	305 000
Total Assets	889 000	1 183 000	1 078 000	931 000
Total Retained Equity	−3 000	−164 000	−207 000	−239 000
Total Equity	27 000	−134 000	−177 000	−209 000
Total Long-Term Debt	89 000	527 000	647 000	608 000
Total Current Debt	773 000	790 000	607 000	532 000
Total Equity and Debt	889 000	1 183 000	1 078 000	931 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 323 000	3 908 000	3 012 000	2 695 000
Other Income	31 000	0	0	0
Revenue	4 354 000	3 908 000	3 012 000	2 695 000
Cost of Goods Sold	292 000	74 000	65 000	29 000
Salary Costs	3 214 000	3 083 000	2 251 000	2 289 000
Depreciation	39 000	84 000	159 000	66 000
Impairment	0	0	0	0
Expenditure	4 175 000	3 825 000	2 947 000	2 942 000
Operating Profit	180 000	83 000	65 000	−247 000
Financial Income	0	0	2 000	3 000
Financial Costs	19 000	39 000	35 000	16 000
Financial Balance	−19 000	−39 000	−33 000	−13 000
Dividends	0	0	0	0
Net Income	161 000	43 000	32 000	−261 000

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	165 000	528 000	613 000	627 000
Total Tangible Assets	165 000	528 000	613 000	627 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	165 000	528 000	613 000	627 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	351 000	253 000	149 000	199 000
Total Current Assets	724 000	655 000	465 000	305 000
Total Assets	889 000	1 183 000	1 078 000	931 000
Total Equity	27 000	−134 000	−177 000	−209 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	89 000	527 000	647 000	608 000
Creditors	41 000	15 000	2 000	0
Unpaid Taxes	327 000	355 000	289 000	262 000
Dividends	0	0	0	0
Other Current Debt	405 000	419 000	316 000	270 000
Total Current Debt	773 000	790 000	607 000	532 000
Total Equity and Debt	889 000	1 183 000	1 078 000	931 000

Financial indicators	2022	2021	2020	2019
Return on Equity	596,3 %	−32,09 %	−18,08 %	124,88 %
Debt-to-Equity Ratio	3,3	−3,93	−3,66	−2,91
Operating Profit Margin	4,13 %	2,12 %	2,16 %	−9,17 %
Current Ratio	0,94	0,83	0,77	0,57
Quick Ratio	0,94	0,83	0,77	0,57
Equity Ratio	0,03	−0,11	−0,16	−0,22
Gross Profit Margin	93,29 %	98,11 %	97,84 %	98,92 %