ELFO TECH AS

3320 VESTFOSSEN

Finances

Return on Equity

36,74 %

Current Ratio

6,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	133 000	95 000	−5 000	−3 000
Total Assets	392 000	257 000	197 000	197 000
Total Equity	362 000	229 000	134 000	139 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	18 000	6 000	4 000	4 000
Operating Profit	−17 000	−6 000	−4 000	−4 000
Financial Income	150 000	100 000	0	0
Financial Costs	0	0	0	0
Financial Balance	150 000	100 000	0	0
Earnings Before Tax	133 000	94 000	−5 000	−3 000
Tax	0	−1 000	0	0
Net Income	133 000	95 000	−5 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	203 000	188 000	188 000	188 000
Total Current Assets	189 000	70 000	9 000	9 000
Total Assets	392 000	257 000	197 000	197 000
Total Retained Equity	332 000	199 000	104 000	109 000
Total Equity	362 000	229 000	134 000	139 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	30 000	28 000	63 000	58 000
Total Equity and Debt	392 000	257 000	197 000	197 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	3 000	0	0	0
Impairment	0	0	0	0
Expenditure	18 000	6 000	4 000	4 000
Operating Profit	−17 000	−6 000	−4 000	−4 000
Financial Income	150 000	100 000	0	0
Financial Costs	0	0	0	0
Financial Balance	150 000	100 000	0	0
Dividends	0	0	0	0
Net Income	133 000	95 000	−5 000	−3 000

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	16 000	0	0	0
Total Tangible Assets	16 000	0	0	0
Total Fiancial Fixed Assets	188 000	188 000	188 000	188 000
Total Fixed Assets	203 000	188 000	188 000	188 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	187 000	70 000	9 000	9 000
Total Current Assets	189 000	70 000	9 000	9 000
Total Assets	392 000	257 000	197 000	197 000
Total Equity	362 000	229 000	134 000	139 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	28 000	28 000	62 000	24 000
Total Current Debt	30 000	28 000	63 000	58 000
Total Equity and Debt	392 000	257 000	197 000	197 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,74 %	41,48 %	−3,73 %	−2,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	6,3	2,5	0,14	0,16
Quick Ratio	6,3	2,5	0,14	0,16
Equity Ratio	0,92	0,89	0,68	0,71
Gross Profit Margin	-	-	-	-