ELSETH MASKIN AS

3711 SKIEN

Finances

Share Ownership

Return on Equity

−35,27 %

Current Ratio

1,39

Debt-to-Equity Ratio

2,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 686 000	4 588 000	9 659 000	8 467 000
Net Income	−146 000	408 000	3 008 000	416 000
Total Assets	3 718 000	3 297 000	2 040 000	2 328 000
Total Equity	414 000	559 000	151 000	1 181 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 686 000	4 588 000	9 659 000	8 467 000
Expenditure	5 798 000	4 032 000	5 800 000	7 927 000
Operating Profit	−112 000	557 000	3 859 000	540 000
Financial Income	0	0	0	1 000
Financial Costs	75 000	34 000	2 000	6 000
Financial Balance	−75 000	−34 000	−2 000	−5 000
Earnings Before Tax	−187 000	523 000	3 857 000	534 000
Tax	−41 000	115 000	848 000	119 000
Net Income	−146 000	408 000	3 008 000	416 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	627 000	545 000	54 000	637 000
Total Current Assets	3 091 000	2 752 000	1 986 000	1 691 000
Total Assets	3 718 000	3 297 000	2 040 000	2 328 000
Total Retained Equity	314 000	459 000	51 000	1 081 000
Total Equity	414 000	559 000	151 000	1 181 000
Total Long-Term Debt	1 082 000	1 303 000	1 090 000	111 000
Total Current Debt	2 222 000	1 435 000	799 000	1 036 000
Total Equity and Debt	3 718 000	3 297 000	2 040 000	2 328 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 686 000	4 316 000	3 873 000	8 193 000
Other Income	0	273 000	5 786 000	274 000
Revenue	5 686 000	4 588 000	9 659 000	8 467 000
Cost of Goods Sold	547 000	1 005 000	2 071 000	2 231 000
Salary Costs	0	3 000	1 415 000	2 460 000
Depreciation	157 000	79 000	30 000	72 000
Impairment	0	0	0	0
Expenditure	5 798 000	4 032 000	5 800 000	7 927 000
Operating Profit	−112 000	557 000	3 859 000	540 000
Financial Income	0	0	0	1 000
Financial Costs	75 000	34 000	2 000	6 000
Financial Balance	−75 000	−34 000	−2 000	−5 000
Dividends	0	0	4 038 000	800 000
Net Income	−146 000	408 000	3 008 000	416 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	30 000
Fixtures	627 000	545 000	54 000	7 000
Total Tangible Assets	627 000	545 000	54 000	37 000
Total Fiancial Fixed Assets	0	0	0	600 000
Total Fixed Assets	627 000	545 000	54 000	637 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	25 000	241 000	113 000	937 000
Total Current Assets	3 091 000	2 752 000	1 986 000	1 691 000
Total Assets	3 718 000	3 297 000	2 040 000	2 328 000
Total Equity	414 000	559 000	151 000	1 181 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 082 000	1 303 000	1 090 000	111 000
Creditors	1 295 000	439 000	452 000	320 000
Unpaid Taxes	0	1 000	22 000	445 000
Dividends	0	0	4 038 000	800 000
Other Current Debt	672 000	364 000	224 000	184 000
Total Current Debt	2 222 000	1 435 000	799 000	1 036 000
Total Equity and Debt	3 718 000	3 297 000	2 040 000	2 328 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−35,27 %	72,99 %	1 992,05 %	35,22 %
Debt-to-Equity Ratio	2,61	2,33	7,22	0,09
Operating Profit Margin	−1,97 %	12,14 %	39,95 %	6,38 %
Current Ratio	1,39	1,92	2,49	1,63
Quick Ratio	1,39	1,92	2,49	1,63
Equity Ratio	0,11	0,17	0,07	0,51
Gross Profit Margin	90,38 %	78,1 %	78,56 %	73,65 %