ELGÅEN AS

2020 SKEDSMOKORSET

Finances

Return on Equity

26,91 %

Current Ratio

1,62

Debt-to-Equity Ratio

1,19

Key figures (NOK)	2022	2021	2020
Revenue	1 500 000	1 248 000	104 000
Net Income	148 000	304 000	74 000
Total Assets	1 533 000	1 879 000	1 124 000
Total Equity	550 000	403 000	98 000

Income (NOK)	2022	2021	2020
Revenue	1 500 000	1 248 000	104 000
Expenditure	1 056 000	833 000	50 000
Operating Profit	444 000	415 000	54 000
Financial Income	29 000	56 000	32 000
Financial Costs	220 000	82 000	1 000
Financial Balance	−191 000	−26 000	31 000
Earnings Before Tax	252 000	389 000	85 000
Tax	104 000	85 000	12 000
Net Income	148 000	304 000	74 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 000 000	1 000 000	1 000 000
Total Current Assets	533 000	879 000	124 000
Total Assets	1 533 000	1 879 000	1 124 000
Total Retained Equity	520 000	378 000	74 000
Total Equity	550 000	403 000	98 000
Total Long-Term Debt	652 000	797 000	282 000
Total Current Debt	330 000	679 000	744 000
Total Equity and Debt	1 533 000	1 879 000	1 124 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 500 000	1 248 000	104 000
Other Income	0	0	0
Revenue	1 500 000	1 248 000	104 000
Cost of Goods Sold	0	0	0
Salary Costs	1 047 000	825 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 056 000	833 000	50 000
Operating Profit	444 000	415 000	54 000
Financial Income	29 000	56 000	32 000
Financial Costs	220 000	82 000	1 000
Financial Balance	−191 000	−26 000	31 000
Dividends	0	0	0
Net Income	148 000	304 000	74 000

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	1 000 000	1 000 000	1 000 000
Total Fixed Assets	1 000 000	1 000 000	1 000 000
Stock	0	0	0
Total Investments	242 000	789 000	121 000
Cash, Bank	101 000	91 000	2 000
Total Current Assets	533 000	879 000	124 000
Total Assets	1 533 000	1 879 000	1 124 000
Total Equity	550 000	403 000	98 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	652 000	797 000	282 000
Creditors	5 000	400 000	700 000
Unpaid Taxes	121 000	106 000	0
Dividends	0	0	0
Other Current Debt	107 000	87 000	32 000
Total Current Debt	330 000	679 000	744 000
Total Equity and Debt	1 533 000	1 879 000	1 124 000

Financial indicators	2022	2021	2020
Return on Equity	26,91 %	75,43 %	75,51 %
Debt-to-Equity Ratio	1,19	1,98	2,88
Operating Profit Margin	29,6 %	33,25 %	51,92 %
Current Ratio	1,62	1,29	0,17
Quick Ratio	1,62	1,29	0,17
Equity Ratio	0,36	0,21	0,09
Gross Profit Margin	100 %	100 %	100 %