ELGESETERGT 58 AS

7044 TRONDHEIM

Finances

Share Ownership

Return on Equity

−62,62 %

Current Ratio

1,93

Debt-to-Equity Ratio

5,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 217 000	2 139 000	2 113 000	2 113 000
Net Income	−1 171 000	141 000	368 000	298 000
Total Assets	12 429 000	13 870 000	14 243 000	14 098 000
Total Equity	1 870 000	3 040 000	2 900 000	2 531 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 217 000	2 139 000	2 113 000	2 113 000
Expenditure	3 280 000	1 922 000	1 583 000	1 570 000
Operating Profit	−1 063 000	217 000	530 000	544 000
Financial Income	22 000	21 000	25 000	1 000
Financial Costs	131 000	97 000	186 000	247 000
Financial Balance	−109 000	−76 000	−161 000	−246 000
Earnings Before Tax	−1 171 000	141 000	368 000	298 000
Tax	0	0	0	0
Net Income	−1 171 000	141 000	368 000	298 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 673 000	11 673 000	11 673 000	11 673 000
Total Current Assets	756 000	2 197 000	2 570 000	2 424 000
Total Assets	12 429 000	13 870 000	14 243 000	14 098 000
Total Retained Equity	1 766 000	2 936 000	2 796 000	2 427 000
Total Equity	1 870 000	3 040 000	2 900 000	2 531 000
Total Long-Term Debt	10 168 000	10 471 000	10 847 000	11 109 000
Total Current Debt	392 000	359 000	497 000	457 000
Total Equity and Debt	12 429 000	13 870 000	14 243 000	14 098 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 217 000	2 139 000	2 113 000	2 113 000
Revenue	2 217 000	2 139 000	2 113 000	2 113 000
Cost of Goods Sold	0	0	0	0
Salary Costs	114 000	114 000	46 000	80 000
Depreciation	0	0	0	204 000
Impairment	0	0	0	0
Expenditure	3 280 000	1 922 000	1 583 000	1 570 000
Operating Profit	−1 063 000	217 000	530 000	544 000
Financial Income	22 000	21 000	25 000	1 000
Financial Costs	131 000	97 000	186 000	247 000
Financial Balance	−109 000	−76 000	−161 000	−246 000
Dividends	0	0	0	0
Net Income	−1 171 000	141 000	368 000	298 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 673 000	11 673 000	11 673 000	11 673 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 673 000	11 673 000	11 673 000	11 673 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 673 000	11 673 000	11 673 000	11 673 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	659 000	2 100 000	2 474 000	2 305 000
Total Current Assets	756 000	2 197 000	2 570 000	2 424 000
Total Assets	12 429 000	13 870 000	14 243 000	14 098 000
Total Equity	1 870 000	3 040 000	2 900 000	2 531 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 168 000	10 471 000	10 847 000	11 109 000
Creditors	257 000	228 000	206 000	154 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	110 000	123 000	266 000	303 000
Total Current Debt	392 000	359 000	497 000	457 000
Total Equity and Debt	12 429 000	13 870 000	14 243 000	14 098 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−62,62 %	4,64 %	12,69 %	11,77 %
Debt-to-Equity Ratio	5,44	3,44	3,74	4,39
Operating Profit Margin	−47,95 %	10,14 %	25,08 %	25,75 %
Current Ratio	1,93	6,12	5,17	5,3
Quick Ratio	1,93	6,12	5,17	5,3
Equity Ratio	0,15	0,22	0,2	0,18
Gross Profit Margin	100 %	100 %	100 %	100 %