ELLINGSEN TRADING AS

5178 LODDEFJORD

Finances

Return on Equity

17,43 %

Current Ratio

3,63

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020
Revenue	8 299 000	11 730 000	5 200 000
Net Income	389 000	936 000	662 000
Total Assets	3 524 000	2 212 000	1 182 000
Total Equity	2 232 000	1 843 000	906 000

Income (NOK)	2022	2021	2020
Revenue	8 299 000	11 730 000	5 200 000
Expenditure	7 635 000	10 429 000	4 364 000
Operating Profit	664 000	1 301 000	836 000
Financial Income	335 000	98 000	87 000
Financial Costs	473 000	181 000	78 000
Financial Balance	−138 000	−83 000	9 000
Earnings Before Tax	525 000	1 218 000	844 000
Tax	136 000	282 000	182 000
Net Income	389 000	936 000	662 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	877 000	205 000	0
Total Current Assets	2 648 000	2 007 000	1 182 000
Total Assets	3 524 000	2 212 000	1 182 000
Total Retained Equity	1 982 000	1 598 000	662 000
Total Equity	2 232 000	1 843 000	906 000
Total Long-Term Debt	563 000	0	0
Total Current Debt	729 000	369 000	275 000
Total Equity and Debt	3 524 000	2 212 000	1 182 000

Cash flow (NOK)	2022	2021	2020
Sales Income	8 299 000	11 730 000	5 200 000
Other Income	0	0	0
Revenue	8 299 000	11 730 000	5 200 000
Cost of Goods Sold	7 424 000	10 164 000	4 334 000
Salary Costs	17 000	0	0
Depreciation	94 000	0	0
Impairment	0	0	0
Expenditure	7 635 000	10 429 000	4 364 000
Operating Profit	664 000	1 301 000	836 000
Financial Income	335 000	98 000	87 000
Financial Costs	473 000	181 000	78 000
Financial Balance	−138 000	−83 000	9 000
Dividends	0	0	0
Net Income	389 000	936 000	662 000

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	827 000	0	0
Total Tangible Assets	827 000	0	0
Total Fiancial Fixed Assets	50 000	205 000	0
Total Fixed Assets	877 000	205 000	0
Stock	931 000	1 090 000	255 000
Total Investments	1 700 000	536 000	293 000
Cash, Bank	0	363 000	633 000
Total Current Assets	2 648 000	2 007 000	1 182 000
Total Assets	3 524 000	2 212 000	1 182 000
Total Equity	2 232 000	1 843 000	906 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	563 000	0	0
Creditors	35 000	73 000	75 000
Unpaid Taxes	74 000	0	0
Dividends	0	0	0
Other Current Debt	0	14 000	18 000
Total Current Debt	729 000	369 000	275 000
Total Equity and Debt	3 524 000	2 212 000	1 182 000

Financial indicators	2022	2021	2020
Return on Equity	17,43 %	50,79 %	73,07 %
Debt-to-Equity Ratio	0,25	0	0
Operating Profit Margin	8 %	11,09 %	16,08 %
Current Ratio	3,63	5,44	4,3
Quick Ratio	−13,11	−2,78	59,1
Equity Ratio	0,63	0,83	0,77
Gross Profit Margin	10,54 %	13,35 %	16,65 %