ELLENS PROSJEKT AS

4009 STAVANGER

Finances

Return on Equity

85,71 %

Current Ratio

2,51

Debt-to-Equity Ratio

4,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	492 000	0	0	0
Net Income	60 000	−9 000	−7 000	−5 000
Total Assets	473 000	336 000	244 000	205 000
Total Equity	70 000	10 000	19 000	25 000

Income (NOK)	2022	2021	2020	2019
Revenue	492 000	0	0	0
Expenditure	415 000	11 000	9 000	6 000
Operating Profit	77 000	−11 000	−9 000	−6 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	77 000	−11 000	−9 000	−6 000
Tax	17 000	−2 000	−2 000	−1 000
Net Income	60 000	−9 000	−7 000	−5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	260 000	265 000	213 000	111 000
Total Current Assets	213 000	70 000	31 000	94 000
Total Assets	473 000	336 000	244 000	205 000
Total Retained Equity	40 000	−20 000	−11 000	−5 000
Total Equity	70 000	10 000	19 000	25 000
Total Long-Term Debt	318 000	326 000	226 000	0
Total Current Debt	85 000	0	0	180 000
Total Equity and Debt	473 000	336 000	244 000	205 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	492 000	0	0	0
Other Income	0	0	0	0
Revenue	492 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	392 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	415 000	11 000	9 000	6 000
Operating Profit	77 000	−11 000	−9 000	−6 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	60 000	−9 000	−7 000	−5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	5 000	3 000	1 000
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	260 000	260 000	210 000	110 000
Total Fixed Assets	260 000	265 000	213 000	111 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	162 000	70 000	31 000	94 000
Total Current Assets	213 000	70 000	31 000	94 000
Total Assets	473 000	336 000	244 000	205 000
Total Equity	70 000	10 000	19 000	25 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	318 000	326 000	226 000	0
Creditors	1 000	0	0	0
Unpaid Taxes	37 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	36 000	0	0	180 000
Total Current Debt	85 000	0	0	180 000
Total Equity and Debt	473 000	336 000	244 000	205 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,71 %	−90 %	−36,84 %	−20 %
Debt-to-Equity Ratio	4,54	32,6	11,89	0
Operating Profit Margin	15,65 %	-	-	-
Current Ratio	2,51	-	-	0,52
Quick Ratio	2,51	-	-	0,52
Equity Ratio	0,15	0,03	0,08	0,12
Gross Profit Margin	100 %	-	-	-