ELFLY AS

5034 BERGEN

Finances

Share Ownership

Return on Equity

−85,93 %

Current Ratio

3,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 326 000	780 000	725 000	0
Net Income	−3 733 000	−2 034 000	−212 000	−984 000
Total Assets	5 604 000	3 477 000	1 690 000	1 308 000
Total Equity	4 344 000	3 076 000	520 000	−339 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 326 000	780 000	725 000	0
Expenditure	7 058 000	2 813 000	937 000	984 000
Operating Profit	−3 733 000	−2 033 000	−212 000	−984 000
Financial Income	1 000	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	1 000	−1 000	0	0
Earnings Before Tax	−3 733 000	−2 034 000	−212 000	−984 000
Tax	0	0	0	0
Net Income	−3 733 000	−2 034 000	−212 000	−984 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 068 000	1 039 000	992 000	35 000
Total Current Assets	4 536 000	2 437 000	698 000	1 273 000
Total Assets	5 604 000	3 477 000	1 690 000	1 308 000
Total Retained Equity	0	−3 221 000	−1 187 000	−975 000
Total Equity	4 344 000	3 076 000	520 000	−339 000
Total Long-Term Debt	0	0	850 000	0
Total Current Debt	1 261 000	401 000	320 000	1 647 000
Total Equity and Debt	5 604 000	3 477 000	1 690 000	1 308 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	444 000	355 000	650 000	0
Other Income	2 881 000	425 000	75 000	0
Revenue	3 326 000	780 000	725 000	0
Cost of Goods Sold	1 000	0	0	0
Salary Costs	4 405 000	1 746 000	45 000	0
Depreciation	34 000	11 000	9 000	7 000
Impairment	0	0	0	0
Expenditure	7 058 000	2 813 000	937 000	984 000
Operating Profit	−3 733 000	−2 033 000	−212 000	−984 000
Financial Income	1 000	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	1 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	−3 733 000	−2 034 000	−212 000	−984 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	33 000	47 000	27 000	35 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	70 000	27 000	0	0
Total Tangible Assets	70 000	27 000	0	0
Total Fiancial Fixed Assets	965 000	965 000	965 000	0
Total Fixed Assets	1 068 000	1 039 000	992 000	35 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 005 000	1 569 000	30 000	289 000
Total Current Assets	4 536 000	2 437 000	698 000	1 273 000
Total Assets	5 604 000	3 477 000	1 690 000	1 308 000
Total Equity	4 344 000	3 076 000	520 000	−339 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	850 000	0
Creditors	846 000	128 000	306 000	237 000
Unpaid Taxes	5 000	5 000	11 000	8 000
Dividends	0	0	0	0
Other Current Debt	409 000	268 000	3 000	1 402 000
Total Current Debt	1 261 000	401 000	320 000	1 647 000
Total Equity and Debt	5 604 000	3 477 000	1 690 000	1 308 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−85,93 %	−66,12 %	−40,77 %	290,27 %
Debt-to-Equity Ratio	0	0	1,63	−0
Operating Profit Margin	−112,24 %	−260,64 %	−29,24 %	-
Current Ratio	3,6	6,08	2,18	0,77
Quick Ratio	3,6	6,08	2,18	0,77
Equity Ratio	0,78	0,88	0,31	−0,26
Gross Profit Margin	99,97 %	100 %	100 %	-