TROND ELIASSEN AS

9050 STORSTEINNES

Finances

Share Ownership

Return on Equity

50,22 %

Current Ratio

0,44

Debt-to-Equity Ratio

0,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 606 000	1 337 000	676 000	958 000
Net Income	348 000	138 000	−245 000	30 000
Total Assets	1 462 000	817 000	1 083 000	1 069 000
Total Equity	693 000	345 000	361 000	606 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 606 000	1 337 000	676 000	958 000
Expenditure	1 182 000	1 193 000	909 000	911 000
Operating Profit	425 000	144 000	−232 000	48 000
Financial Income	2 000	3 000	2 000	0
Financial Costs	2 000	8 000	23 000	9 000
Financial Balance	0	−5 000	−21 000	−9 000
Earnings Before Tax	424 000	138 000	−253 000	38 000
Tax	76 000	0	−8 000	8 000
Net Income	348 000	138 000	−245 000	30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 313 000	576 000	1 048 000	894 000
Total Current Assets	149 000	241 000	35 000	175 000
Total Assets	1 462 000	817 000	1 083 000	1 069 000
Total Retained Equity	272 000	−76 000	−215 000	30 000
Total Equity	693 000	345 000	361 000	606 000
Total Long-Term Debt	432 000	115 000	421 000	168 000
Total Current Debt	337 000	357 000	301 000	294 000
Total Equity and Debt	1 462 000	817 000	1 083 000	1 069 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 050 000	863 000	628 000	912 000
Other Income	556 000	474 000	48 000	46 000
Revenue	1 606 000	1 337 000	676 000	958 000
Cost of Goods Sold	645 000	570 000	356 000	467 000
Salary Costs	2 000	2 000	2 000	0
Depreciation	233 000	255 000	265 000	172 000
Impairment	0	0	0	0
Expenditure	1 182 000	1 193 000	909 000	911 000
Operating Profit	425 000	144 000	−232 000	48 000
Financial Income	2 000	3 000	2 000	0
Financial Costs	2 000	8 000	23 000	9 000
Financial Balance	0	−5 000	−21 000	−9 000
Dividends	0	0	0	0
Net Income	348 000	138 000	−245 000	30 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	35 000
Machinery and Plant Facilities	1 178 000	410 000	538 000	593 000
Fixtures	13 000	21 000	439 000	196 000
Total Tangible Assets	1 191 000	432 000	977 000	824 000
Total Fiancial Fixed Assets	122 000	144 000	71 000	69 000
Total Fixed Assets	1 313 000	576 000	1 048 000	894 000
Stock	10 000	80 000	0	0
Total Investments	0	0	0	0
Cash, Bank	103 000	142 000	27 000	34 000
Total Current Assets	149 000	241 000	35 000	175 000
Total Assets	1 462 000	817 000	1 083 000	1 069 000
Total Equity	693 000	345 000	361 000	606 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	432 000	115 000	421 000	168 000
Creditors	24 000	44 000	17 000	0
Unpaid Taxes	2 000	5 000	−24 000	9 000
Dividends	0	0	0	0
Other Current Debt	311 000	309 000	308 000	284 000
Total Current Debt	337 000	357 000	301 000	294 000
Total Equity and Debt	1 462 000	817 000	1 083 000	1 069 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,22 %	40 %	−67,87 %	4,95 %
Debt-to-Equity Ratio	0,62	0,33	1,17	0,28
Operating Profit Margin	26,46 %	10,77 %	−34,32 %	5,01 %
Current Ratio	0,44	0,68	0,12	0,6
Quick Ratio	0,46	0,87	0,12	0,6
Equity Ratio	0,47	0,42	0,33	0,57
Gross Profit Margin	59,84 %	57,37 %	47,34 %	51,25 %