ELGVEIEN 18 AS

5239 RÅDAL

Finances

Share Ownership

Return on Equity

46,83 %

Current Ratio

4,64

Debt-to-Equity Ratio

3,06

Key figures (NOK)	2022	2021	2020
Revenue	24 510 000	0	0
Net Income	562 000	−16 000	−9 000
Total Assets	5 497 000	17 892 000	7 857 000
Total Equity	1 200 000	638 000	237 000

Income (NOK)	2022	2021	2020
Revenue	24 510 000	0	0
Expenditure	5 762 000	9 292 000	705 000
Operating Profit	1 403 000	510 000	252 000
Financial Income	2 000	0	0
Financial Costs	583 000	530 000	265 000
Financial Balance	−581 000	−530 000	−265 000
Earnings Before Tax	822 000	−20 000	−13 000
Tax	260 000	−4 000	−4 000
Net Income	562 000	−16 000	−9 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 595 000	0	0
Total Current Assets	2 903 000	17 892 000	7 857 000
Total Assets	5 497 000	17 892 000	7 857 000
Total Retained Equity	562 000	0	0
Total Equity	1 200 000	638 000	237 000
Total Long-Term Debt	3 671 000	8 254 000	7 620 000
Total Current Debt	626 000	9 001 000	0
Total Equity and Debt	5 497 000	17 892 000	7 857 000

Cash flow (NOK)	2022	2021	2020
Sales Income	24 510 000	0	0
Other Income	0	0	0
Revenue	24 510 000	0	0
Cost of Goods Sold	3 577 000	9 272 000	692 000
Salary Costs	1 171 000	0	0
Depreciation	98 000	0	0
Impairment	125 000	0	0
Expenditure	5 762 000	9 292 000	705 000
Operating Profit	1 403 000	510 000	252 000
Financial Income	2 000	0	0
Financial Costs	583 000	530 000	265 000
Financial Balance	−581 000	−530 000	−265 000
Dividends	0	0	0
Net Income	562 000	−16 000	−9 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	2 595 000	0	0
Total Tangible Assets	2 595 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	2 595 000	0	0
Stock	0	17 345 000	7 543 000
Total Investments	0	0	0
Cash, Bank	2 863 000	12 000	19 000
Total Current Assets	2 903 000	17 892 000	7 857 000
Total Assets	5 497 000	17 892 000	7 857 000
Total Equity	1 200 000	638 000	237 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 671 000	8 254 000	7 620 000
Creditors	22 000	24 000	0
Unpaid Taxes	66 000	0	0
Dividends	0	0	0
Other Current Debt	107 000	0	0
Total Current Debt	626 000	9 001 000	0
Total Equity and Debt	5 497 000	17 892 000	7 857 000

Financial indicators	2022	2021	2020
Return on Equity	46,83 %	−2,51 %	−3,8 %
Debt-to-Equity Ratio	3,06	12,94	32,15
Operating Profit Margin	5,72 %	-	-
Current Ratio	4,64	1,99	-
Quick Ratio	4,64	−2,14	−1,04
Equity Ratio	0,22	0,04	0,03
Gross Profit Margin	85,41 %	-	-