ELVENES EIENDOM AS

9713 RUSSENES

Finances

Share Ownership

Return on Equity

16,27 %

Current Ratio

0,71

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 369 000	1 355 000	5 838 000	2 230 000
Net Income	353 000	405 000	807 000	549 000
Total Assets	4 300 000	3 894 000	1 902 000	1 505 000
Total Equity	2 169 000	1 815 000	1 411 000	604 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 369 000	1 355 000	5 838 000	2 230 000
Expenditure	1 852 000	771 000	4 800 000	1 527 000
Operating Profit	517 000	585 000	1 039 000	703 000
Financial Income	1 000	0	1 000	0
Financial Costs	65 000	64 000	5 000	0
Financial Balance	−64 000	−64 000	−4 000	0
Earnings Before Tax	453 000	522 000	1 035 000	703 000
Tax	100 000	117 000	228 000	154 000
Net Income	353 000	405 000	807 000	549 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 488 000	3 436 000	1 724 000	0
Total Current Assets	812 000	458 000	178 000	1 505 000
Total Assets	4 300 000	3 894 000	1 902 000	1 505 000
Total Retained Equity	2 109 000	1 755 000	1 356 000	549 000
Total Equity	2 169 000	1 815 000	1 411 000	604 000
Total Long-Term Debt	990 000	1 384 000	1 000	5 000
Total Current Debt	1 141 000	695 000	491 000	896 000
Total Equity and Debt	4 300 000	3 894 000	1 902 000	1 505 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	466 000	289 000	5 838 000	2 230 000
Other Income	1 902 000	1 066 000	0	0
Revenue	2 369 000	1 355 000	5 838 000	2 230 000
Cost of Goods Sold	223 000	286 000	71 000	392 000
Salary Costs	0	−27 000	2 023 000	0
Depreciation	118 000	90 000	46 000	0
Impairment	0	0	0	0
Expenditure	1 852 000	771 000	4 800 000	1 527 000
Operating Profit	517 000	585 000	1 039 000	703 000
Financial Income	1 000	0	1 000	0
Financial Costs	65 000	64 000	5 000	0
Financial Balance	−64 000	−64 000	−4 000	0
Dividends	0	0	0	0
Net Income	353 000	405 000	807 000	549 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	3 000	0	0
Real Eastate	1 198 000	1 259 000	1 298 000	0
Machinery and Plant Facilities	119 000	158 000	113 000	0
Fixtures	136 000	0	0	0
Total Tangible Assets	1 453 000	1 417 000	1 410 000	0
Total Fiancial Fixed Assets	2 023 000	2 016 000	314 000	0
Total Fixed Assets	3 488 000	3 436 000	1 724 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	28 000	107 000	89 000	412 000
Total Current Assets	812 000	458 000	178 000	1 505 000
Total Assets	4 300 000	3 894 000	1 902 000	1 505 000
Total Equity	2 169 000	1 815 000	1 411 000	604 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	990 000	1 384 000	1 000	5 000
Creditors	646 000	77 000	67 000	15 000
Unpaid Taxes	280 000	277 000	58 000	176 000
Dividends	0	0	0	0
Other Current Debt	0	220 000	134 000	556 000
Total Current Debt	1 141 000	695 000	491 000	896 000
Total Equity and Debt	4 300 000	3 894 000	1 902 000	1 505 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,27 %	22,31 %	57,19 %	90,89 %
Debt-to-Equity Ratio	0,46	0,76	0	0,01
Operating Profit Margin	21,82 %	43,17 %	17,8 %	31,52 %
Current Ratio	0,71	0,66	0,36	1,68
Quick Ratio	0,71	0,66	0,36	1,68
Equity Ratio	0,5	0,47	0,74	0,4
Gross Profit Margin	90,59 %	78,89 %	98,78 %	82,42 %