ELPIDE AS

6050 VALDERØYA

Finances

Share Ownership

Return on Equity

−8,96 %

Current Ratio

0,53

Debt-to-Equity Ratio

−1,05

Key figures (NOK)	2022	2021	2020
Revenue	52 000	125 000	336 000
Net Income	12 000	−175 000	5 000
Total Assets	52 000	54 000	842 000
Total Equity	−134 000	−146 000	29 000

Income (NOK)	2022	2021	2020
Revenue	52 000	125 000	336 000
Expenditure	40 000	278 000	330 000
Operating Profit	12 000	−153 000	6 000
Financial Income	0	0	0
Financial Costs	0	22 000	1 000
Financial Balance	0	−22 000	−1 000
Earnings Before Tax	12 000	−175 000	5 000
Tax	0	0	0
Net Income	12 000	−175 000	5 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	28 000	25 000	579 000
Total Current Assets	24 000	29 000	263 000
Total Assets	52 000	54 000	842 000
Total Retained Equity	−164 000	−170 000	5 000
Total Equity	−134 000	−146 000	29 000
Total Long-Term Debt	141 000	141 000	134 000
Total Current Debt	45 000	59 000	679 000
Total Equity and Debt	52 000	54 000	842 000

Cash flow (NOK)	2022	2021	2020
Sales Income	52 000	59 000	336 000
Other Income	0	66 000	0
Revenue	52 000	125 000	336 000
Cost of Goods Sold	0	4 000	0
Salary Costs	0	115 000	215 000
Depreciation	21 000	80 000	11 000
Impairment	0	0	0
Expenditure	40 000	278 000	330 000
Operating Profit	12 000	−153 000	6 000
Financial Income	0	0	0
Financial Costs	0	22 000	1 000
Financial Balance	0	−22 000	−1 000
Dividends	0	0	0
Net Income	12 000	−175 000	5 000

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	28 000	25 000	579 000
Total Tangible Assets	28 000	25 000	579 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	28 000	25 000	579 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	9 000	24 000	159 000
Total Current Assets	24 000	29 000	263 000
Total Assets	52 000	54 000	842 000
Total Equity	−134 000	−146 000	29 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	141 000	141 000	134 000
Creditors	3 000	2 000	661 000
Unpaid Taxes	9 000	−2 000	−1 000
Dividends	0	0	0
Other Current Debt	33 000	59 000	19 000
Total Current Debt	45 000	59 000	679 000
Total Equity and Debt	52 000	54 000	842 000

Financial indicators	2022	2021	2020
Return on Equity	−8,96 %	119,86 %	17,24 %
Debt-to-Equity Ratio	−1,05	−0,97	4,62
Operating Profit Margin	23,08 %	−122,4 %	1,79 %
Current Ratio	0,53	0,49	0,39
Quick Ratio	0,53	0,49	0,39
Equity Ratio	−2,58	−2,7	0,03
Gross Profit Margin	100 %	96,8 %	100 %