ELSO AS

3940 PORSGRUNN

Finances

Return on Equity

31,93 %

Current Ratio

7,15

Debt-to-Equity Ratio

1,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	230 000	150 000	300 000	0
Net Income	144 000	76 000	224 000	−18 000
Total Assets	1 000 000	776 000	703 000	392 000
Total Equity	451 000	307 000	231 000	8 000

Income (NOK)	2022	2021	2020	2019
Revenue	230 000	150 000	300 000	0
Expenditure	10 000	32 000	0	0
Operating Profit	220 000	118 000	300 000	0
Financial Income	0	12 000	11 000	10 000
Financial Costs	36 000	33 000	31 000	28 000
Financial Balance	−36 000	−21 000	−20 000	−18 000
Earnings Before Tax	184 000	97 000	281 000	−18 000
Tax	40 000	21 000	57 000	0
Net Income	144 000	76 000	224 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	535 000	535 000	688 000	392 000
Total Current Assets	465 000	241 000	15 000	0
Total Assets	1 000 000	776 000	703 000	392 000
Total Retained Equity	421 000	277 000	201 000	−22 000
Total Equity	451 000	307 000	231 000	8 000
Total Long-Term Debt	484 000	448 000	415 000	384 000
Total Current Debt	65 000	21 000	57 000	0
Total Equity and Debt	1 000 000	776 000	703 000	392 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	230 000	150 000	300 000	0
Other Income	0	0	0	0
Revenue	230 000	150 000	300 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	10 000	32 000	0	0
Operating Profit	220 000	118 000	300 000	0
Financial Income	0	12 000	11 000	10 000
Financial Costs	36 000	33 000	31 000	28 000
Financial Balance	−36 000	−21 000	−20 000	−18 000
Dividends	0	0	0	0
Net Income	144 000	76 000	224 000	−18 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	535 000	535 000	688 000	392 000
Total Fixed Assets	535 000	535 000	688 000	392 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	465 000	241 000	15 000	0
Total Current Assets	465 000	241 000	15 000	0
Total Assets	1 000 000	776 000	703 000	392 000
Total Equity	451 000	307 000	231 000	8 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	484 000	448 000	415 000	384 000
Creditors	0	0	0	0
Unpaid Taxes	25 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	65 000	21 000	57 000	0
Total Equity and Debt	1 000 000	776 000	703 000	392 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,93 %	24,76 %	96,97 %	−225 %
Debt-to-Equity Ratio	1,07	1,46	1,8	48
Operating Profit Margin	95,65 %	78,67 %	100 %	-
Current Ratio	7,15	11,48	0,26	-
Quick Ratio	7,15	11,48	0,26	-
Equity Ratio	0,45	0,4	0,33	0,02
Gross Profit Margin	100 %	100 %	100 %	-