ELVEGATEN 9B AS

5165 LAKSEVÅG

Finances

Share Ownership

Return on Equity

30,5 %

Current Ratio

1,23

Debt-to-Equity Ratio

7,46

Key figures (NOK)	2022	2021	2020
Revenue	570 000	541 000	536 000
Net Income	334 000	240 000	350 000
Total Assets	9 423 000	9 287 000	9 522 000
Total Equity	1 095 000	761 000	761 000

Income (NOK)	2022	2021	2020
Revenue	570 000	541 000	536 000
Expenditure	145 000	234 000	90 000
Operating Profit	425 000	307 000	446 000
Financial Income	2 000	0	0
Financial Costs	0	0	0
Financial Balance	2 000	0	0
Earnings Before Tax	428 000	307 000	446 000
Tax	94 000	68 000	96 000
Net Income	334 000	240 000	350 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	9 226 000	9 226 000	9 226 000
Total Current Assets	197 000	60 000	296 000
Total Assets	9 423 000	9 287 000	9 522 000
Total Retained Equity	334 000	0	0
Total Equity	1 095 000	761 000	761 000
Total Long-Term Debt	8 168 000	8 151 000	8 260 000
Total Current Debt	160 000	375 000	501 000
Total Equity and Debt	9 423 000	9 287 000	9 522 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	570 000	541 000	536 000
Revenue	570 000	541 000	536 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	145 000	234 000	90 000
Operating Profit	425 000	307 000	446 000
Financial Income	2 000	0	0
Financial Costs	0	0	0
Financial Balance	2 000	0	0
Dividends	0	0	0
Net Income	334 000	240 000	350 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	9 226 000	9 226 000	9 226 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	9 226 000	9 226 000	9 226 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	9 226 000	9 226 000	9 226 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	171 000	38 000	279 000
Total Current Assets	197 000	60 000	296 000
Total Assets	9 423 000	9 287 000	9 522 000
Total Equity	1 095 000	761 000	761 000
Short-Term Group Debt	0	307 000	436 000
Total Long-Term Debt	8 168 000	8 151 000	8 260 000
Creditors	2 000	1 000	2 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	64 000	66 000	64 000
Total Current Debt	160 000	375 000	501 000
Total Equity and Debt	9 423 000	9 287 000	9 522 000

Financial indicators	2022	2021	2020
Return on Equity	30,5 %	31,54 %	45,99 %
Debt-to-Equity Ratio	7,46	10,71	10,85
Operating Profit Margin	74,56 %	56,75 %	83,21 %
Current Ratio	1,23	0,16	0,59
Quick Ratio	1,23	0,16	0,59
Equity Ratio	0,12	0,08	0,08
Gross Profit Margin	100 %	100 %	100 %