ELVETUNET AS

6800 FØRDE

Finances

Return on Equity

32,36 %

Current Ratio

3,43

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 220 000	7 094 000	6 592 000	6 545 000
Net Income	3 542 000	3 433 000	3 745 000	3 552 000
Total Assets	12 487 000	14 362 000	14 528 000	14 744 000
Total Equity	10 945 000	7 403 000	8 971 000	9 030 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 220 000	7 094 000	6 592 000	6 545 000
Expenditure	2 757 000	2 731 000	1 859 000	2 082 000
Operating Profit	4 462 000	4 363 000	4 732 000	4 463 000
Financial Income	79 000	37 000	71 000	90 000
Financial Costs	0	0	3 000	0
Financial Balance	79 000	37 000	68 000	90 000
Earnings Before Tax	4 541 000	4 400 000	4 800 000	4 552 000
Tax	1 000 000	967 000	1 056 000	1 001 000
Net Income	3 542 000	3 433 000	3 745 000	3 552 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 479 000	7 845 000	8 213 000	8 512 000
Total Current Assets	5 008 000	6 518 000	6 315 000	6 232 000
Total Assets	12 487 000	14 362 000	14 528 000	14 744 000
Total Retained Equity	10 845 000	7 303 000	8 871 000	8 930 000
Total Equity	10 945 000	7 403 000	8 971 000	9 030 000
Total Long-Term Debt	82 000	104 000	118 000	130 000
Total Current Debt	1 459 000	6 855 000	5 439 000	5 584 000
Total Equity and Debt	12 487 000	14 362 000	14 528 000	14 744 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 451 000	6 096 000	5 947 000	5 754 000
Other Income	769 000	998 000	644 000	792 000
Revenue	7 220 000	7 094 000	6 592 000	6 545 000
Cost of Goods Sold	0	0	0	0
Salary Costs	880 000	779 000	636 000	711 000
Depreciation	366 000	366 000	363 000	363 000
Impairment	0	0	0	0
Expenditure	2 757 000	2 731 000	1 859 000	2 082 000
Operating Profit	4 462 000	4 363 000	4 732 000	4 463 000
Financial Income	79 000	37 000	71 000	90 000
Financial Costs	0	0	3 000	0
Financial Balance	79 000	37 000	68 000	90 000
Dividends	0	5 000 000	3 700 000	3 500 000
Net Income	3 542 000	3 433 000	3 745 000	3 552 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 419 000	7 785 000	8 151 000	8 450 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 419 000	7 785 000	8 151 000	8 450 000
Total Fiancial Fixed Assets	60 000	60 000	62 000	62 000
Total Fixed Assets	7 479 000	7 845 000	8 213 000	8 512 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 995 000	6 217 000	5 980 000	5 949 000
Total Current Assets	5 008 000	6 518 000	6 315 000	6 232 000
Total Assets	12 487 000	14 362 000	14 528 000	14 744 000
Total Equity	10 945 000	7 403 000	8 971 000	9 030 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	82 000	104 000	118 000	130 000
Creditors	152 000	267 000	42 000	69 000
Unpaid Taxes	215 000	228 000	183 000	192 000
Dividends	0	5 000 000	3 700 000	3 500 000
Other Current Debt	70 000	379 000	475 000	847 000
Total Current Debt	1 459 000	6 855 000	5 439 000	5 584 000
Total Equity and Debt	12 487 000	14 362 000	14 528 000	14 744 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,36 %	46,37 %	41,75 %	39,34 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,01
Operating Profit Margin	61,8 %	61,5 %	71,78 %	68,19 %
Current Ratio	3,43	0,95	1,16	1,12
Quick Ratio	3,43	0,95	1,16	1,12
Equity Ratio	0,88	0,52	0,62	0,61
Gross Profit Margin	100 %	100 %	100 %	100 %