ELVELEIA AS

6800 FØRDE

Finances

Return on Equity

41,85 %

Current Ratio

0,17

Debt-to-Equity Ratio

−6,03

Key figures (NOK)	2022	2021	2020
Revenue	3 572 000	2 230 000	551 000
Net Income	−778 000	−937 000	−174 000
Total Assets	11 460 000	11 875 000	9 992 000
Total Equity	−1 859 000	−1 081 000	−144 000

Income (NOK)	2022	2021	2020
Revenue	3 572 000	2 230 000	551 000
Expenditure	3 920 000	2 861 000	635 000
Operating Profit	−348 000	−632 000	−84 000
Financial Income	4 000	2 000	0
Financial Costs	435 000	307 000	90 000
Financial Balance	−431 000	−305 000	−90 000
Earnings Before Tax	−778 000	−937 000	−174 000
Tax	0	0	0
Net Income	−778 000	−937 000	−174 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	11 092 000	11 528 000	9 955 000
Total Current Assets	368 000	346 000	37 000
Total Assets	11 460 000	11 875 000	9 992 000
Total Retained Equity	−1 889 000	−1 111 000	−174 000
Total Equity	−1 859 000	−1 081 000	−144 000
Total Long-Term Debt	11 210 000	11 413 000	9 748 000
Total Current Debt	2 109 000	1 542 000	388 000
Total Equity and Debt	11 460 000	11 875 000	9 992 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 965 000	1 812 000	221 000
Other Income	607 000	418 000	330 000
Revenue	3 572 000	2 230 000	551 000
Cost of Goods Sold	875 000	836 000	0
Salary Costs	1 523 000	636 000	56 000
Depreciation	644 000	427 000	248 000
Impairment	0	0	0
Expenditure	3 920 000	2 861 000	635 000
Operating Profit	−348 000	−632 000	−84 000
Financial Income	4 000	2 000	0
Financial Costs	435 000	307 000	90 000
Financial Balance	−431 000	−305 000	−90 000
Dividends	0	0	0
Net Income	−778 000	−937 000	−174 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	10 048 000	10 361 000	9 955 000
Machinery and Plant Facilities	0	0	0
Fixtures	1 044 000	1 167 000	0
Total Tangible Assets	11 092 000	11 528 000	9 955 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	11 092 000	11 528 000	9 955 000
Stock	34 000	31 000	0
Total Investments	0	0	0
Cash, Bank	288 000	221 000	4 000
Total Current Assets	368 000	346 000	37 000
Total Assets	11 460 000	11 875 000	9 992 000
Total Equity	−1 859 000	−1 081 000	−144 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	11 210 000	11 413 000	9 748 000
Creditors	214 000	75 000	148 000
Unpaid Taxes	158 000	79 000	5 000
Dividends	0	0	0
Other Current Debt	1 738 000	1 388 000	234 000
Total Current Debt	2 109 000	1 542 000	388 000
Total Equity and Debt	11 460 000	11 875 000	9 992 000

Financial indicators	2022	2021	2020
Return on Equity	41,85 %	86,68 %	120,83 %
Debt-to-Equity Ratio	−6,03	−10,56	−67,69
Operating Profit Margin	−9,74 %	−28,34 %	−15,25 %
Current Ratio	0,17	0,22	0,1
Quick Ratio	0,18	0,23	0,1
Equity Ratio	−0,16	−0,09	−0,01
Gross Profit Margin	75,5 %	62,51 %	100 %