ELTOFT MASKIN AS

8370 LEKNES

Finances

Share Ownership

Return on Equity

79,97 %

Current Ratio

1,05

Debt-to-Equity Ratio

4,12

Key figures (NOK)	2022	2021	2020
Revenue	4 278 000	5 410 000	3 167 000
Net Income	511 000	535 000	693 000
Total Assets	4 022 000	1 633 000	2 084 000
Total Equity	639 000	314 000	424 000

Income (NOK)	2022	2021	2020
Revenue	4 278 000	5 410 000	3 167 000
Expenditure	3 520 000	4 667 000	2 245 000
Operating Profit	757 000	742 000	921 000
Financial Income	0	0	0
Financial Costs	89 000	57 000	32 000
Financial Balance	−89 000	−57 000	−32 000
Earnings Before Tax	668 000	686 000	889 000
Tax	158 000	151 000	196 000
Net Income	511 000	535 000	693 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 234 000	850 000	781 000
Total Current Assets	788 000	783 000	1 303 000
Total Assets	4 022 000	1 633 000	2 084 000
Total Retained Equity	609 000	284 000	394 000
Total Equity	639 000	314 000	424 000
Total Long-Term Debt	2 632 000	626 000	683 000
Total Current Debt	751 000	693 000	977 000
Total Equity and Debt	4 022 000	1 633 000	2 084 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 278 000	5 410 000	3 167 000
Other Income	0	0	0
Revenue	4 278 000	5 410 000	3 167 000
Cost of Goods Sold	1 028 000	1 267 000	546 000
Salary Costs	644 000	1 187 000	538 000
Depreciation	32 000	24 000	3 000
Impairment	0	0	0
Expenditure	3 520 000	4 667 000	2 245 000
Operating Profit	757 000	742 000	921 000
Financial Income	0	0	0
Financial Costs	89 000	57 000	32 000
Financial Balance	−89 000	−57 000	−32 000
Dividends	186 000	644 000	300 000
Net Income	511 000	535 000	693 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	3 077 000	719 000	719 000
Machinery and Plant Facilities	108 000	119 000	62 000
Fixtures	10 000	13 000	0
Total Tangible Assets	3 195 000	850 000	781 000
Total Fiancial Fixed Assets	39 000	0	0
Total Fixed Assets	3 234 000	850 000	781 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	326 000	240 000	751 000
Total Current Assets	788 000	783 000	1 303 000
Total Assets	4 022 000	1 633 000	2 084 000
Total Equity	639 000	314 000	424 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 632 000	626 000	683 000
Creditors	162 000	275 000	313 000
Unpaid Taxes	154 000	148 000	117 000
Dividends	186 000	644 000	300 000
Other Current Debt	87 000	120 000	54 000
Total Current Debt	751 000	693 000	977 000
Total Equity and Debt	4 022 000	1 633 000	2 084 000

Financial indicators	2022	2021	2020
Return on Equity	79,97 %	170,38 %	163,44 %
Debt-to-Equity Ratio	4,12	1,99	1,61
Operating Profit Margin	17,7 %	13,72 %	29,08 %
Current Ratio	1,05	1,13	1,33
Quick Ratio	1,05	1,13	1,33
Equity Ratio	0,16	0,19	0,2
Gross Profit Margin	75,97 %	76,58 %	82,76 %