TROND HORG ELLINGSEN AS

1615 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−74,56 %

Current Ratio

1,49

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	5 547 000	5 608 000	5 670 000	6 361 000
Net Income	−797 000	−478 000	74 000	173 000
Total Assets	3 212 000	2 732 000	3 962 000	4 289 000
Total Equity	1 069 000	1 467 000	1 907 000	1 833 000

Income (NOK)	2021	2020	2019	2018
Revenue	5 547 000	5 608 000	5 670 000	6 361 000
Expenditure	6 150 000	6 251 000	5 600 000	5 843 000
Operating Profit	−603 000	−643 000	71 000	519 000
Financial Income	7 000	35 000	29 000	6 000
Financial Costs	27 000	5 000	4 000	299 000
Financial Balance	−20 000	30 000	25 000	−293 000
Earnings Before Tax	−623 000	−612 000	95 000	226 000
Tax	174 000	−134 000	21 000	53 000
Net Income	−797 000	−478 000	74 000	173 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	24 000	314 000	1 244 000	544 000
Total Current Assets	3 188 000	2 418 000	2 718 000	3 745 000
Total Assets	3 212 000	2 732 000	3 962 000	4 289 000
Total Retained Equity	136 000	933 000	1 411 000	1 336 000
Total Equity	1 069 000	1 467 000	1 907 000	1 833 000
Total Long-Term Debt	4 000	314 000	1 026 000	0
Total Current Debt	2 139 000	951 000	1 029 000	2 456 000
Total Equity and Debt	3 212 000	2 732 000	3 962 000	4 289 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	5 547 000	5 608 000	5 670 000	6 361 000
Other Income	0	0	0	0
Revenue	5 547 000	5 608 000	5 670 000	6 361 000
Cost of Goods Sold	2 618 000	2 991 000	2 989 000	3 038 000
Salary Costs	1 758 000	1 602 000	1 329 000	1 465 000
Depreciation	4 000	4 000	4 000	29 000
Impairment	0	0	0	0
Expenditure	6 150 000	6 251 000	5 600 000	5 843 000
Operating Profit	−603 000	−643 000	71 000	519 000
Financial Income	7 000	35 000	29 000	6 000
Financial Costs	27 000	5 000	4 000	299 000
Financial Balance	−20 000	30 000	25 000	−293 000
Dividends	0	0	0	0
Net Income	−797 000	−478 000	74 000	173 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	286 000	163 000	18 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	24 000	27 000	31 000	235 000
Total Tangible Assets	24 000	27 000	31 000	235 000
Total Fiancial Fixed Assets	0	0	1 050 000	291 000
Total Fixed Assets	24 000	314 000	1 244 000	544 000
Stock	1 875 000	1 821 000	1 943 000	2 032 000
Total Investments	0	0	0	0
Cash, Bank	353 000	213 000	166 000	422 000
Total Current Assets	3 188 000	2 418 000	2 718 000	3 745 000
Total Assets	3 212 000	2 732 000	3 962 000	4 289 000
Total Equity	1 069 000	1 467 000	1 907 000	1 833 000
Short-Term Group Debt	1 098 000	49 000	0	0
Total Long-Term Debt	4 000	314 000	1 026 000	0
Creditors	590 000	265 000	197 000	590 000
Unpaid Taxes	201 000	344 000	540 000	738 000
Dividends	0	0	0	0
Other Current Debt	251 000	293 000	128 000	1 130 000
Total Current Debt	2 139 000	951 000	1 029 000	2 456 000
Total Equity and Debt	3 212 000	2 732 000	3 962 000	4 289 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−74,56 %	−32,58 %	3,88 %	9,44 %
Debt-to-Equity Ratio	0	0,21	0,54	0
Operating Profit Margin	−10,87 %	−11,47 %	1,25 %	8,16 %
Current Ratio	1,49	2,54	2,64	1,52
Quick Ratio	12,08	−2,78	−2,97	8,83
Equity Ratio	0,33	0,54	0,48	0,43
Gross Profit Margin	52,8 %	46,67 %	47,28 %	52,24 %