ELAB INVEST AS

4521 LINDESNES

Finances

Return on Equity

71,29 %

Current Ratio

2,11

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	795 000	92 000	306 000	0
Net Income	884 000	−85 000	383 000	976 000
Total Assets	1 932 000	4 270 000	5 235 000	1 802 000
Total Equity	1 240 000	1 617 000	2 212 000	650 000

Income (NOK)	2022	2021	2020	2019
Revenue	795 000	92 000	306 000	0
Expenditure	147 000	157 000	628 000	266 000
Operating Profit	648 000	−66 000	−322 000	−266 000
Financial Income	386 000	0	974 000	1 333 000
Financial Costs	10 000	43 000	72 000	0
Financial Balance	376 000	−43 000	902 000	1 333 000
Earnings Before Tax	1 024 000	−109 000	580 000	1 068 000
Tax	140 000	−24 000	198 000	92 000
Net Income	884 000	−85 000	383 000	976 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	692 000	2 935 000	3 014 000	303 000
Total Current Assets	1 240 000	1 334 000	2 221 000	1 499 000
Total Assets	1 932 000	4 270 000	5 235 000	1 802 000
Total Retained Equity	1 240 000	1 617 000	2 212 000	620 000
Total Equity	1 240 000	1 617 000	2 212 000	650 000
Total Long-Term Debt	103 000	1 291 000	1 405 000	467 000
Total Current Debt	589 000	1 361 000	1 618 000	685 000
Total Equity and Debt	1 932 000	4 270 000	5 235 000	1 802 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	6 000	0
Other Income	795 000	92 000	300 000	0
Revenue	795 000	92 000	306 000	0
Cost of Goods Sold	0	0	0	74 000
Salary Costs	0	0	300 000	0
Depreciation	10 000	79 000	113 000	0
Impairment	0	0	0	0
Expenditure	147 000	157 000	628 000	266 000
Operating Profit	648 000	−66 000	−322 000	−266 000
Financial Income	386 000	0	974 000	1 333 000
Financial Costs	10 000	43 000	72 000	0
Financial Balance	376 000	−43 000	902 000	1 333 000
Dividends	1 105 000	510 000	0	200 000
Net Income	884 000	−85 000	383 000	976 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	2 935 000	2 996 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	18 000	0
Total Tangible Assets	0	2 935 000	3 014 000	0
Total Fiancial Fixed Assets	692 000	0	0	303 000
Total Fixed Assets	692 000	2 935 000	3 014 000	303 000
Stock	0	0	0	0
Total Investments	0	606 000	606 000	337 000
Cash, Bank	1 224 000	171 000	600 000	4 000
Total Current Assets	1 240 000	1 334 000	2 221 000	1 499 000
Total Assets	1 932 000	4 270 000	5 235 000	1 802 000
Total Equity	1 240 000	1 617 000	2 212 000	650 000
Short-Term Group Debt	585 000	771 000	1 490 000	636 000
Total Long-Term Debt	103 000	1 291 000	1 405 000	467 000
Creditors	3 000	0	29 000	5 000
Unpaid Taxes	0	0	−3 000	0
Dividends	1 105 000	510 000	0	200 000
Other Current Debt	0	80 000	0	0
Total Current Debt	589 000	1 361 000	1 618 000	685 000
Total Equity and Debt	1 932 000	4 270 000	5 235 000	1 802 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,29 %	−5,26 %	17,31 %	150,15 %
Debt-to-Equity Ratio	0,08	0,8	0,64	0,72
Operating Profit Margin	81,51 %	−71,74 %	−105,23 %	-
Current Ratio	2,11	0,98	1,37	2,19
Quick Ratio	2,11	0,98	1,37	2,19
Equity Ratio	0,64	0,38	0,42	0,36
Gross Profit Margin	100 %	100 %	100 %	-