ELVERDALS UDERUM AS

4073 RANDABERG

Finances

Share Ownership

Return on Equity

11,35 %

Current Ratio

2,86

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020
Revenue	9 781 000	7 601 000	9 112 000
Net Income	358 000	1 312 000	985 000
Total Assets	4 450 000	3 465 000	2 610 000
Total Equity	3 155 000	2 797 000	1 485 000

Income (NOK)	2022	2021	2020
Revenue	9 781 000	7 601 000	9 112 000
Expenditure	9 322 000	5 918 000	7 850 000
Operating Profit	459 000	1 683 000	1 263 000
Financial Income	2 000	0	0
Financial Costs	2 000	1 000	0
Financial Balance	0	−1 000	0
Earnings Before Tax	459 000	1 682 000	1 263 000
Tax	101 000	370 000	278 000
Net Income	358 000	1 312 000	985 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	876 000	590 000	0
Total Current Assets	3 574 000	2 875 000	2 610 000
Total Assets	4 450 000	3 465 000	2 610 000
Total Retained Equity	2 655 000	2 297 000	985 000
Total Equity	3 155 000	2 797 000	1 485 000
Total Long-Term Debt	44 000	24 000	0
Total Current Debt	1 251 000	644 000	1 125 000
Total Equity and Debt	4 450 000	3 465 000	2 610 000

Cash flow (NOK)	2022	2021	2020
Sales Income	9 781 000	7 601 000	9 112 000
Other Income	0	0	0
Revenue	9 781 000	7 601 000	9 112 000
Cost of Goods Sold	7 423 000	5 811 000	7 238 000
Salary Costs	1 392 000	0	456 000
Depreciation	79 000	13 000	0
Impairment	0	0	0
Expenditure	9 322 000	5 918 000	7 850 000
Operating Profit	459 000	1 683 000	1 263 000
Financial Income	2 000	0	0
Financial Costs	2 000	1 000	0
Financial Balance	0	−1 000	0
Dividends	0	0	0
Net Income	358 000	1 312 000	985 000

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	876 000	590 000	0
Total Tangible Assets	876 000	590 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	876 000	590 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	134 000	559 000	218 000
Total Current Assets	3 574 000	2 875 000	2 610 000
Total Assets	4 450 000	3 465 000	2 610 000
Total Equity	3 155 000	2 797 000	1 485 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	44 000	24 000	0
Creditors	491 000	17 000	238 000
Unpaid Taxes	425 000	280 000	610 000
Dividends	0	0	0
Other Current Debt	254 000	0	0
Total Current Debt	1 251 000	644 000	1 125 000
Total Equity and Debt	4 450 000	3 465 000	2 610 000

Financial indicators	2022	2021	2020
Return on Equity	11,35 %	46,91 %	66,33 %
Debt-to-Equity Ratio	0,01	0,01	0
Operating Profit Margin	4,69 %	22,14 %	13,86 %
Current Ratio	2,86	4,46	2,32
Quick Ratio	2,86	4,46	2,32
Equity Ratio	0,71	0,81	0,57
Gross Profit Margin	24,11 %	23,55 %	20,57 %