ELCAVATOR AS

4400 FLEKKEFJORD

Finances

Share Ownership

Return on Equity

15,54 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	742 000	60 000	55 000
Net Income	631 000	−2 374 000	−196 000
Total Assets	5 905 000	2 593 000	685 000
Total Equity	4 061 000	1 930 000	304 000

Income (NOK)	2022	2021	2020
Revenue	742 000	60 000	55 000
Expenditure	111 000	2 435 000	251 000
Operating Profit	631 000	−2 375 000	−196 000
Financial Income	0	1 000	0
Financial Costs	0	0	0
Financial Balance	0	1 000	0
Earnings Before Tax	631 000	−2 374 000	−196 000
Tax	0	0	0
Net Income	631 000	−2 374 000	−196 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 694 000	141 000	177 000
Total Current Assets	2 211 000	2 452 000	508 000
Total Assets	5 905 000	2 593 000	685 000
Total Retained Equity	−1 939 000	−2 570 000	−196 000
Total Equity	4 061 000	1 930 000	304 000
Total Long-Term Debt	0	0	0
Total Current Debt	1 844 000	664 000	380 000
Total Equity and Debt	5 905 000	2 593 000	685 000

Cash flow (NOK)	2022	2021	2020
Sales Income	60 000	60 000	55 000
Other Income	682 000	0	0
Revenue	742 000	60 000	55 000
Cost of Goods Sold	0	1 422 000	247 000
Salary Costs	0	0	0
Depreciation	40 000	35 000	23 000
Impairment	0	0	0
Expenditure	111 000	2 435 000	251 000
Operating Profit	631 000	−2 375 000	−196 000
Financial Income	0	1 000	0
Financial Costs	0	0	0
Financial Balance	0	1 000	0
Dividends	0	0	0
Net Income	631 000	−2 374 000	−196 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	3 618 000	35 000	44 000
Real Eastate	0	0	0
Machinery and Plant Facilities	76 000	106 000	133 000
Fixtures	0	0	0
Total Tangible Assets	76 000	106 000	133 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	3 694 000	141 000	177 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	68 000	2 265 000	291 000
Total Current Assets	2 211 000	2 452 000	508 000
Total Assets	5 905 000	2 593 000	685 000
Total Equity	4 061 000	1 930 000	304 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	1 844 000	507 000	360 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	156 000	20 000
Total Current Debt	1 844 000	664 000	380 000
Total Equity and Debt	5 905 000	2 593 000	685 000

Financial indicators	2022	2021	2020
Return on Equity	15,54 %	−123,01 %	−64,47 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	85,04 %	−3 958,33 %	−356,36 %
Current Ratio	1,2	3,69	1,34
Quick Ratio	1,2	3,69	1,34
Equity Ratio	0,69	0,74	0,44
Gross Profit Margin	100 %	−2 270 %	−349,09 %