ELVELY UTVIKLING AS

0255 OSLO

Finances

Return on Equity

74,27 %

Current Ratio

2,38

Debt-to-Equity Ratio

1,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	170 866 000	59 907 000	0	0
Net Income	76 251 000	9 425 000	102 000	−524 000
Total Assets	349 690 000	114 853 000	86 252 000	72 877 000
Total Equity	102 663 000	26 412 000	16 987 000	16 886 000

Income (NOK)	2022	2021	2020	2019
Revenue	170 866 000	59 907 000	0	0
Expenditure	160 422 000	46 261 000	114 000	67 000
Operating Profit	10 444 000	13 646 000	−114 000	−67 000
Financial Income	69 161 000	31 000	1 911 000	6 000
Financial Costs	1 651 000	1 713 000	1 695 000	463 000
Financial Balance	67 510 000	−1 682 000	216 000	−457 000
Earnings Before Tax	77 954 000	11 964 000	102 000	−524 000
Tax	1 703 000	2 539 000	0	0
Net Income	76 251 000	9 425 000	102 000	−524 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	170 328 000	72 249 000	71 685 000	71 673 000
Total Current Assets	179 362 000	42 604 000	14 568 000	1 204 000
Total Assets	349 690 000	114 853 000	86 252 000	72 877 000
Total Retained Equity	85 253 000	9 002 000	−423 000	−524 000
Total Equity	102 663 000	26 412 000	16 987 000	16 886 000
Total Long-Term Debt	171 739 000	75 045 000	58 571 000	55 560 000
Total Current Debt	75 288 000	13 396 000	10 694 000	432 000
Total Equity and Debt	349 690 000	114 853 000	86 252 000	72 877 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	170 866 000	59 907 000	0	0
Other Income	0	0	0	0
Revenue	170 866 000	59 907 000	0	0
Cost of Goods Sold	160 347 000	46 018 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	160 422 000	46 261 000	114 000	67 000
Operating Profit	10 444 000	13 646 000	−114 000	−67 000
Financial Income	69 161 000	31 000	1 911 000	6 000
Financial Costs	1 651 000	1 713 000	1 695 000	463 000
Financial Balance	67 510 000	−1 682 000	216 000	−457 000
Dividends	0	0	0	0
Net Income	76 251 000	9 425 000	102 000	−524 000

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	170 328 000	72 249 000	71 685 000	71 673 000
Total Fixed Assets	170 328 000	72 249 000	71 685 000	71 673 000
Stock	130 625 000	17 685 000	11 265 000	0
Total Investments	0	0	0	0
Cash, Bank	20 919 000	11 025 000	396 000	1 197 000
Total Current Assets	179 362 000	42 604 000	14 568 000	1 204 000
Total Assets	349 690 000	114 853 000	86 252 000	72 877 000
Total Equity	102 663 000	26 412 000	16 987 000	16 886 000
Short-Term Group Debt	0	299 000	0	0
Total Long-Term Debt	171 739 000	75 045 000	58 571 000	55 560 000
Creditors	27 384 000	205 000	10 451 000	53 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	47 904 000	12 892 000	243 000	379 000
Total Current Debt	75 288 000	13 396 000	10 694 000	432 000
Total Equity and Debt	349 690 000	114 853 000	86 252 000	72 877 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,27 %	35,68 %	0,6 %	−3,1 %
Debt-to-Equity Ratio	1,67	2,84	3,45	3,29
Operating Profit Margin	6,11 %	22,78 %	-	-
Current Ratio	2,38	3,18	1,36	2,79
Quick Ratio	−3,24	−9,93	−25,51	2,79
Equity Ratio	0,29	0,23	0,2	0,23
Gross Profit Margin	6,16 %	23,18 %	-	-