Elvegården A/S

6800 FØRDE

Finances

Share Ownership

Return on Equity

36,26 %

Current Ratio

0,56

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 633 000	15 502 000	15 630 000	15 088 000
Net Income	6 166 000	6 091 000	5 305 000	2 177 000
Total Assets	31 299 000	65 099 000	43 524 000	37 256 000
Total Equity	17 007 000	15 521 000	10 990 000	9 785 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 633 000	15 502 000	15 630 000	15 088 000
Expenditure	6 821 000	7 020 000	8 371 000	11 623 000
Operating Profit	8 812 000	8 483 000	7 259 000	3 465 000
Financial Income	50 000	19 000	248 000	128 000
Financial Costs	956 000	693 000	706 000	801 000
Financial Balance	−906 000	−674 000	−458 000	−673 000
Earnings Before Tax	7 906 000	7 809 000	6 801 000	2 791 000
Tax	1 740 000	1 718 000	1 496 000	614 000
Net Income	6 166 000	6 091 000	5 305 000	2 177 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 635 000	24 530 000	25 029 000	29 182 000
Total Current Assets	7 665 000	40 569 000	18 495 000	8 074 000
Total Assets	31 299 000	65 099 000	43 524 000	37 256 000
Total Retained Equity	14 444 000	12 957 000	8 426 000	7 221 000
Total Equity	17 007 000	15 521 000	10 990 000	9 785 000
Total Long-Term Debt	648 000	18 917 000	21 275 000	23 500 000
Total Current Debt	13 643 000	30 661 000	11 259 000	3 970 000
Total Equity and Debt	31 299 000	65 099 000	43 524 000	37 256 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 693 000	12 723 000	12 467 000	11 927 000
Other Income	2 940 000	2 779 000	3 163 000	3 161 000
Revenue	15 633 000	15 502 000	15 630 000	15 088 000
Cost of Goods Sold	0	0	0	0
Salary Costs	209 000	199 000	188 000	138 000
Depreciation	1 063 000	1 060 000	1 267 000	1 458 000
Impairment	0	0	0	0
Expenditure	6 821 000	7 020 000	8 371 000	11 623 000
Operating Profit	8 812 000	8 483 000	7 259 000	3 465 000
Financial Income	50 000	19 000	248 000	128 000
Financial Costs	956 000	693 000	706 000	801 000
Financial Balance	−906 000	−674 000	−458 000	−673 000
Dividends	0	0	0	0
Net Income	6 166 000	6 091 000	5 305 000	2 177 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	23 512 000	24 369 000	24 827 000	25 876 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	123 000	161 000	202 000	306 000
Total Tangible Assets	23 635 000	24 530 000	25 029 000	26 182 000
Total Fiancial Fixed Assets	0	0	0	3 000 000
Total Fixed Assets	23 635 000	24 530 000	25 029 000	29 182 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 178 000	40 278 000	4 063 000	1 969 000
Total Current Assets	7 665 000	40 569 000	18 495 000	8 074 000
Total Assets	31 299 000	65 099 000	43 524 000	37 256 000
Total Equity	17 007 000	15 521 000	10 990 000	9 785 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	648 000	18 917 000	21 275 000	23 500 000
Creditors	947 000	573 000	522 000	1 324 000
Unpaid Taxes	241 000	276 000	197 000	6 000
Dividends	0	0	0	0
Other Current Debt	12 015 000	28 529 000	10 221 000	2 640 000
Total Current Debt	13 643 000	30 661 000	11 259 000	3 970 000
Total Equity and Debt	31 299 000	65 099 000	43 524 000	37 256 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,26 %	39,24 %	48,27 %	22,25 %
Debt-to-Equity Ratio	0,04	1,22	1,94	2,4
Operating Profit Margin	56,37 %	54,72 %	46,44 %	22,97 %
Current Ratio	0,56	1,32	1,64	2,03
Quick Ratio	0,56	1,32	1,64	2,03
Equity Ratio	0,54	0,24	0,25	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %