ELNORD AS

8006 BODØ

Finances

Share Ownership

Return on Equity

99 %

Current Ratio

0,35

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 261 000	1 697 000	1 969 000	519 000
Net Income	−198 000	−102 000	59 000	17 000
Total Assets	2 607 000	1 150 000	788 000	352 000
Total Equity	−200 000	−2 000	100 000	41 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 261 000	1 697 000	1 969 000	519 000
Expenditure	2 454 000	1 794 000	1 889 000	499 000
Operating Profit	−192 000	−98 000	80 000	20 000
Financial Income	0	0	0	0
Financial Costs	6 000	4 000	4 000	0
Financial Balance	−6 000	−4 000	−4 000	0
Earnings Before Tax	−198 000	−102 000	76 000	20 000
Tax	0	0	17 000	3 000
Net Income	−198 000	−102 000	59 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 621 000	504 000	21 000	0
Total Current Assets	986 000	646 000	768 000	352 000
Total Assets	2 607 000	1 150 000	788 000	352 000
Total Retained Equity	−230 000	−32 000	70 000	17 000
Total Equity	−200 000	−2 000	100 000	41 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 806 000	1 152 000	688 000	310 000
Total Equity and Debt	2 607 000	1 150 000	788 000	352 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 241 000	1 697 000	1 969 000	519 000
Other Income	20 000	0	0	0
Revenue	2 261 000	1 697 000	1 969 000	519 000
Cost of Goods Sold	1 059 000	874 000	743 000	204 000
Salary Costs	660 000	375 000	758 000	181 000
Depreciation	102 000	58 000	10 000	0
Impairment	0	0	0	0
Expenditure	2 454 000	1 794 000	1 889 000	499 000
Operating Profit	−192 000	−98 000	80 000	20 000
Financial Income	0	0	0	0
Financial Costs	6 000	4 000	4 000	0
Financial Balance	−6 000	−4 000	−4 000	0
Dividends	0	0	0	0
Net Income	−198 000	−102 000	59 000	17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	1 000	1 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	810 000	503 000	20 000	0
Total Tangible Assets	1 620 000	503 000	20 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 621 000	504 000	21 000	0
Stock	15 000	15 000	0	0
Total Investments	0	0	0	0
Cash, Bank	451 000	197 000	158 000	250 000
Total Current Assets	986 000	646 000	768 000	352 000
Total Assets	2 607 000	1 150 000	788 000	352 000
Total Equity	−200 000	−2 000	100 000	41 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	168 000	169 000	67 000	88 000
Unpaid Taxes	48 000	13 000	106 000	100 000
Dividends	0	0	0	0
Other Current Debt	2 591 000	970 000	497 000	120 000
Total Current Debt	2 806 000	1 152 000	688 000	310 000
Total Equity and Debt	2 607 000	1 150 000	788 000	352 000

Financial indicators	2022	2021	2020	2019
Return on Equity	99 %	5 100 %	59 %	41,46 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	−8,49 %	−5,77 %	4,06 %	3,85 %
Current Ratio	0,35	0,56	1,12	1,14
Quick Ratio	0,35	0,57	1,12	1,14
Equity Ratio	−0,08	−0	0,13	0,12
Gross Profit Margin	53,16 %	48,5 %	62,27 %	60,69 %