ELVEGATEN 16 AS

4400 FLEKKEFJORD

Finances

Share Ownership

Return on Equity

20,96 %

Current Ratio

1,06

Debt-to-Equity Ratio

2,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	627 000	599 000	569 000	511 000
Net Income	284 000	−148 000	313 000	249 000
Total Assets	4 681 000	1 073 000	2 108 000	2 178 000
Total Equity	1 355 000	1 071 000	1 219 000	1 706 000

Income (NOK)	2022	2021	2020	2019
Revenue	627 000	599 000	569 000	511 000
Expenditure	229 000	789 000	167 000	192 000
Operating Profit	398 000	−190 000	401 000	319 000
Financial Income	0	0	0	1 000
Financial Costs	34 000	0	0	0
Financial Balance	−34 000	0	0	1 000
Earnings Before Tax	364 000	−190 000	402 000	320 000
Tax	80 000	−42 000	88 000	70 000
Net Income	284 000	−148 000	313 000	249 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 626 000	965 000	958 000	1 695 000
Total Current Assets	56 000	108 000	1 150 000	483 000
Total Assets	4 681 000	1 073 000	2 108 000	2 178 000
Total Retained Equity	1 255 000	971 000	1 119 000	1 606 000
Total Equity	1 355 000	1 071 000	1 219 000	1 706 000
Total Long-Term Debt	3 274 000	0	0	0
Total Current Debt	53 000	2 000	888 000	473 000
Total Equity and Debt	4 681 000	1 073 000	2 108 000	2 178 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	627 000	599 000	569 000	511 000
Revenue	627 000	599 000	569 000	511 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	32 000	34 000	37 000	55 000
Impairment	0	0	0	0
Expenditure	229 000	789 000	167 000	192 000
Operating Profit	398 000	−190 000	401 000	319 000
Financial Income	0	0	0	1 000
Financial Costs	34 000	0	0	0
Financial Balance	−34 000	0	0	1 000
Dividends	0	0	800 000	400 000
Net Income	284 000	−148 000	313 000	249 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	42 000	0	0
Real Eastate	892 000	923 000	958 000	1 695 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	892 000	923 000	958 000	1 695 000
Total Fiancial Fixed Assets	3 734 000	0	0	0
Total Fixed Assets	4 626 000	965 000	958 000	1 695 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	56 000	108 000	1 150 000	483 000
Total Current Assets	56 000	108 000	1 150 000	483 000
Total Assets	4 681 000	1 073 000	2 108 000	2 178 000
Total Equity	1 355 000	1 071 000	1 219 000	1 706 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 274 000	0	0	0
Creditors	0	0	0	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	800 000	400 000
Other Current Debt	7 000	0	800 000	400 000
Total Current Debt	53 000	2 000	888 000	473 000
Total Equity and Debt	4 681 000	1 073 000	2 108 000	2 178 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,96 %	−13,82 %	25,68 %	14,6 %
Debt-to-Equity Ratio	2,42	0	0	0
Operating Profit Margin	63,48 %	−31,72 %	70,47 %	62,43 %
Current Ratio	1,06	54	1,3	1,02
Quick Ratio	1,06	54	1,3	1,02
Equity Ratio	0,29	1	0,58	0,78
Gross Profit Margin	100 %	100 %	100 %	100 %