ELTO HOLDING AS

4372 EGERSUND

Finances

Return on Equity

39,85 %

Current Ratio

8,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	226 000	472 000	192 000	381 000
Net Income	163 000	134 000	31 000	84 000
Total Assets	461 000	313 000	128 000	219 000
Total Equity	409 000	246 000	112 000	129 000

Income (NOK)	2022	2021	2020	2019
Revenue	226 000	472 000	192 000	381 000
Expenditure	59 000	301 000	151 000	273 000
Operating Profit	167 000	171 000	40 000	108 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	1 000	0
Financial Balance	−3 000	0	−1 000	0
Earnings Before Tax	164 000	171 000	40 000	108 000
Tax	1 000	38 000	9 000	24 000
Net Income	163 000	134 000	31 000	84 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	0	0	0
Total Current Assets	444 000	313 000	128 000	219 000
Total Assets	461 000	313 000	128 000	219 000
Total Retained Equity	359 000	201 000	68 000	84 000
Total Equity	409 000	246 000	112 000	129 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	51 000	67 000	16 000	90 000
Total Equity and Debt	461 000	313 000	128 000	219 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	226 000	472 000	192 000	381 000
Other Income	0	0	0	0
Revenue	226 000	472 000	192 000	381 000
Cost of Goods Sold	16 000	27 000	55 000	50 000
Salary Costs	0	247 000	88 000	192 000
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	59 000	301 000	151 000	273 000
Operating Profit	167 000	171 000	40 000	108 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	1 000	0
Financial Balance	−3 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	163 000	134 000	31 000	84 000

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	17 000	0	0	0
Total Tangible Assets	17 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	338 000	274 000	78 000	208 000
Total Current Assets	444 000	313 000	128 000	219 000
Total Assets	461 000	313 000	128 000	219 000
Total Equity	409 000	246 000	112 000	129 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	0	−5 000	0	0
Unpaid Taxes	5 000	24 000	0	42 000
Dividends	0	0	0	0
Other Current Debt	11 000	−25 000	−42 000	25 000
Total Current Debt	51 000	67 000	16 000	90 000
Total Equity and Debt	461 000	313 000	128 000	219 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,85 %	54,47 %	27,68 %	65,12 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	73,89 %	36,23 %	20,83 %	28,35 %
Current Ratio	8,71	4,67	8	2,43
Quick Ratio	8,71	4,67	8	2,43
Equity Ratio	0,89	0,79	0,88	0,59
Gross Profit Margin	92,92 %	94,28 %	71,35 %	86,88 %