ELMIDT AS

7800 NAMSOS

Finances

Share Ownership

Return on Equity

96,58 %

Current Ratio

1,53

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 409 000	14 576 000	4 785 000	488 000
Net Income	2 516 000	1 447 000	566 000	88 000
Total Assets	8 196 000	5 695 000	2 671 000	431 000
Total Equity	2 605 000	1 090 000	543 000	182 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 409 000	14 576 000	4 785 000	488 000
Expenditure	15 135 000	12 685 000	4 032 000	378 000
Operating Profit	3 274 000	1 890 000	753 000	111 000
Financial Income	1 000	0	0	0
Financial Costs	50 000	35 000	28 000	0
Financial Balance	−49 000	−35 000	−28 000	0
Earnings Before Tax	3 225 000	1 855 000	726 000	111 000
Tax	710 000	408 000	160 000	23 000
Net Income	2 516 000	1 447 000	566 000	88 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	841 000	691 000	409 000	0
Total Current Assets	7 355 000	5 004 000	2 261 000	431 000
Total Assets	8 196 000	5 695 000	2 671 000	431 000
Total Retained Equity	2 305 000	790 000	243 000	82 000
Total Equity	2 605 000	1 090 000	543 000	182 000
Total Long-Term Debt	774 000	610 000	381 000	0
Total Current Debt	4 817 000	3 996 000	1 747 000	250 000
Total Equity and Debt	8 196 000	5 695 000	2 671 000	431 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 359 000	14 477 000	4 747 000	488 000
Other Income	50 000	98 000	38 000	0
Revenue	18 409 000	14 576 000	4 785 000	488 000
Cost of Goods Sold	6 778 000	6 736 000	1 978 000	187 000
Salary Costs	6 369 000	4 328 000	1 464 000	146 000
Depreciation	190 000	161 000	55 000	0
Impairment	0	0	0	0
Expenditure	15 135 000	12 685 000	4 032 000	378 000
Operating Profit	3 274 000	1 890 000	753 000	111 000
Financial Income	1 000	0	0	0
Financial Costs	50 000	35 000	28 000	0
Financial Balance	−49 000	−35 000	−28 000	0
Dividends	1 000 000	900 000	405 000	0
Net Income	2 516 000	1 447 000	566 000	88 000

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	537 000	267 000	0	0
Fixtures	305 000	424 000	409 000	0
Total Tangible Assets	841 000	691 000	409 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	841 000	691 000	409 000	0
Stock	938 000	367 000	213 000	5 000
Total Investments	0	0	0	0
Cash, Bank	3 609 000	2 573 000	1 562 000	386 000
Total Current Assets	7 355 000	5 004 000	2 261 000	431 000
Total Assets	8 196 000	5 695 000	2 671 000	431 000
Total Equity	2 605 000	1 090 000	543 000	182 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	774 000	610 000	381 000	0
Creditors	1 445 000	1 308 000	722 000	138 000
Unpaid Taxes	1 024 000	949 000	323 000	73 000
Dividends	1 000 000	900 000	405 000	0
Other Current Debt	640 000	433 000	150 000	15 000
Total Current Debt	4 817 000	3 996 000	1 747 000	250 000
Total Equity and Debt	8 196 000	5 695 000	2 671 000	431 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,58 %	132,75 %	104,24 %	48,35 %
Debt-to-Equity Ratio	0,3	0,56	0,7	0
Operating Profit Margin	17,78 %	12,97 %	15,74 %	22,75 %
Current Ratio	1,53	1,25	1,29	1,72
Quick Ratio	1,9	1,38	1,47	1,76
Equity Ratio	0,32	0,19	0,2	0,42
Gross Profit Margin	63,18 %	53,79 %	58,66 %	61,68 %