CUT'N GO ELVERUM AS

2414 ELVERUM

Finances

Share Ownership

Return on Equity

59,38 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 471 000	1 674 000	1 013 000
Net Income	114 000	197 000	122 000
Total Assets	918 000	696 000	412 000
Total Equity	192 000	349 000	152 000

Income (NOK)	2022	2021	2020
Revenue	2 471 000	1 674 000	1 013 000
Expenditure	2 323 000	1 417 000	855 000
Operating Profit	149 000	256 000	158 000
Financial Income	0	0	0
Financial Costs	1 000	1 000	0
Financial Balance	−1 000	−1 000	0
Earnings Before Tax	148 000	255 000	158 000
Tax	34 000	58 000	35 000
Net Income	114 000	197 000	122 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	142 000	155 000	21 000
Total Current Assets	776 000	541 000	391 000
Total Assets	918 000	696 000	412 000
Total Retained Equity	162 000	319 000	122 000
Total Equity	192 000	349 000	152 000
Total Long-Term Debt	0	0	0
Total Current Debt	726 000	347 000	259 000
Total Equity and Debt	918 000	696 000	412 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 468 000	1 670 000	1 013 000
Other Income	3 000	4 000	0
Revenue	2 471 000	1 674 000	1 013 000
Cost of Goods Sold	331 000	177 000	142 000
Salary Costs	1 325 000	741 000	460 000
Depreciation	11 000	10 000	9 000
Impairment	0	0	0
Expenditure	2 323 000	1 417 000	855 000
Operating Profit	149 000	256 000	158 000
Financial Income	0	0	0
Financial Costs	1 000	1 000	0
Financial Balance	−1 000	−1 000	0
Dividends	150 000	0	0
Net Income	114 000	197 000	122 000

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	0	11 000	21 000
Total Tangible Assets	0	11 000	21 000
Total Fiancial Fixed Assets	142 000	144 000	0
Total Fixed Assets	142 000	155 000	21 000
Stock	125 000	148 000	45 000
Total Investments	0	0	0
Cash, Bank	424 000	390 000	344 000
Total Current Assets	776 000	541 000	391 000
Total Assets	918 000	696 000	412 000
Total Equity	192 000	349 000	152 000
Short-Term Group Debt	157 000	0	0
Total Long-Term Debt	0	0	0
Creditors	35 000	39 000	46 000
Unpaid Taxes	199 000	114 000	49 000
Dividends	150 000	0	0
Other Current Debt	335 000	136 000	129 000
Total Current Debt	726 000	347 000	259 000
Total Equity and Debt	918 000	696 000	412 000

Financial indicators	2022	2021	2020
Return on Equity	59,38 %	56,45 %	80,26 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	6,03 %	15,29 %	15,6 %
Current Ratio	1,07	1,56	1,51
Quick Ratio	1,29	2,72	1,83
Equity Ratio	0,21	0,5	0,37
Gross Profit Margin	86,6 %	89,43 %	85,98 %