ELEMENT MODELLBYRÅ AS

4316 SANDNES

Finances

Share Ownership

Return on Equity

54,55 %

Current Ratio

1,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	335 000	127 000	48 000
Net Income	36 000	23 000	15 000
Total Assets	147 000	119 000	58 000
Total Equity	66 000	68 000	45 000

Income (NOK)	2022	2021	2020
Revenue	335 000	127 000	48 000
Expenditure	288 000	96 000	29 000
Operating Profit	46 000	31 000	19 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	46 000	31 000	19 000
Tax	10 000	7 000	4 000
Net Income	36 000	23 000	15 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	147 000	119 000	58 000
Total Assets	147 000	119 000	58 000
Total Retained Equity	36 000	38 000	15 000
Total Equity	66 000	68 000	45 000
Total Long-Term Debt	0	0	0
Total Current Debt	80 000	51 000	13 000
Total Equity and Debt	147 000	119 000	58 000

Cash flow (NOK)	2022	2021	2020
Sales Income	335 000	127 000	48 000
Other Income	0	0	0
Revenue	335 000	127 000	48 000
Cost of Goods Sold	8 000	27 000	0
Salary Costs	212 000	54 000	18 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	288 000	96 000	29 000
Operating Profit	46 000	31 000	19 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	38 000	0	0
Net Income	36 000	23 000	15 000

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	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	135 000	114 000	58 000
Total Current Assets	147 000	119 000	58 000
Total Assets	147 000	119 000	58 000
Total Equity	66 000	68 000	45 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	0	0
Unpaid Taxes	53 000	9 000	4 000
Dividends	38 000	0	0
Other Current Debt	17 000	35 000	4 000
Total Current Debt	80 000	51 000	13 000
Total Equity and Debt	147 000	119 000	58 000

Financial indicators	2022	2021	2020
Return on Equity	54,55 %	33,82 %	33,33 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	13,73 %	24,41 %	39,58 %
Current Ratio	1,84	2,33	4,46
Quick Ratio	1,84	2,33	4,46
Equity Ratio	0,45	0,57	0,78
Gross Profit Margin	97,61 %	78,74 %	100 %