ELLAS HAGE AS

4580 LYNGDAL

Finances

Share Ownership

Return on Equity

44,39 %

Current Ratio

1,12

Debt-to-Equity Ratio

−1,03

Key figures (NOK)	2022	2021	2020
Revenue	302 000	374 000	232 000
Net Income	−344 000	−250 000	−201 000
Total Assets	252 000	261 000	217 000
Total Equity	−775 000	−431 000	−181 000

Income (NOK)	2022	2021	2020
Revenue	302 000	374 000	232 000
Expenditure	646 000	624 000	433 000
Operating Profit	−344 000	−250 000	−201 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−344 000	−250 000	−201 000
Tax	0	0	0
Net Income	−344 000	−250 000	−201 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	252 000	261 000	217 000
Total Assets	252 000	261 000	217 000
Total Retained Equity	−795 000	−451 000	−201 000
Total Equity	−775 000	−431 000	−181 000
Total Long-Term Debt	801 000	501 000	301 000
Total Current Debt	226 000	190 000	97 000
Total Equity and Debt	252 000	261 000	217 000

Cash flow (NOK)	2022	2021	2020
Sales Income	302 000	374 000	232 000
Other Income	0	0	0
Revenue	302 000	374 000	232 000
Cost of Goods Sold	123 000	135 000	144 000
Salary Costs	492 000	452 000	196 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	646 000	624 000	433 000
Operating Profit	−344 000	−250 000	−201 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−344 000	−250 000	−201 000

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	9 000	84 000	0
Total Investments	0	0	0
Cash, Bank	176 000	175 000	175 000
Total Current Assets	252 000	261 000	217 000
Total Assets	252 000	261 000	217 000
Total Equity	−775 000	−431 000	−181 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	801 000	501 000	301 000
Creditors	0	9 000	24 000
Unpaid Taxes	42 000	85 000	31 000
Dividends	0	0	0
Other Current Debt	184 000	97 000	43 000
Total Current Debt	226 000	190 000	97 000
Total Equity and Debt	252 000	261 000	217 000

Financial indicators	2022	2021	2020
Return on Equity	44,39 %	58 %	111,05 %
Debt-to-Equity Ratio	−1,03	−1,16	−1,66
Operating Profit Margin	−113,91 %	−66,84 %	−86,64 %
Current Ratio	1,12	1,37	2,24
Quick Ratio	1,16	2,46	2,24
Equity Ratio	−3,08	−1,65	−0,83
Gross Profit Margin	59,27 %	63,9 %	37,93 %