ELEMENT HOLDING AS

1412 SOFIEMYR

Finances

Return on Equity

14,43 %

Current Ratio

21,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	241 000
Net Income	500 000	1 974 000	1 542 000	2 347 000
Total Assets	3 538 000	5 195 000	6 734 000	5 398 000
Total Equity	3 466 000	2 966 000	2 906 000	5 364 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	241 000
Expenditure	129 000	119 000	138 000	245 000
Operating Profit	−129 000	−119 000	−138 000	−4 000
Financial Income	629 000	2 110 000	1 650 000	2 350 000
Financial Costs	0	0	0	0
Financial Balance	629 000	2 110 000	1 650 000	2 350 000
Earnings Before Tax	500 000	1 991 000	1 512 000	2 346 000
Tax	0	18 000	−30 000	−1 000
Net Income	500 000	1 974 000	1 542 000	2 347 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 014 000	2 014 000	5 084 000	2 807 000
Total Current Assets	1 523 000	3 180 000	1 650 000	2 591 000
Total Assets	3 538 000	5 195 000	6 734 000	5 398 000
Total Retained Equity	851 000	351 000	377 000	2 835 000
Total Equity	3 466 000	2 966 000	2 906 000	5 364 000
Total Long-Term Debt	0	227 000	−175 000	25 000
Total Current Debt	72 000	2 002 000	4 003 000	9 000
Total Equity and Debt	3 538 000	5 195 000	6 734 000	5 398 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	241 000
Revenue	0	0	0	241 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	241 000
Impairment	0	0	0	0
Expenditure	129 000	119 000	138 000	245 000
Operating Profit	−129 000	−119 000	−138 000	−4 000
Financial Income	629 000	2 110 000	1 650 000	2 350 000
Financial Costs	0	0	0	0
Financial Balance	629 000	2 110 000	1 650 000	2 350 000
Dividends	0	2 000 000	4 000 000	0
Net Income	500 000	1 974 000	1 542 000	2 347 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	302 000	302 000	319 000	289 000
Real Eastate	0	0	0	807 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	807 000
Total Fiancial Fixed Assets	1 713 000	1 713 000	4 765 000	1 711 000
Total Fixed Assets	2 014 000	2 014 000	5 084 000	2 807 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	820 000	694 000	0	0
Total Current Assets	1 523 000	3 180 000	1 650 000	2 591 000
Total Assets	3 538 000	5 195 000	6 734 000	5 398 000
Total Equity	3 466 000	2 966 000	2 906 000	5 364 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	227 000	−175 000	25 000
Creditors	1 000	1 000	3 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	2 000 000	4 000 000	0
Other Current Debt	71 000	0	0	0
Total Current Debt	72 000	2 002 000	4 003 000	9 000
Total Equity and Debt	3 538 000	5 195 000	6 734 000	5 398 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,43 %	66,55 %	53,06 %	43,75 %
Debt-to-Equity Ratio	0	0,08	−0,06	0
Operating Profit Margin	-	-	-	−1,66 %
Current Ratio	21,15	1,59	0,41	287,89
Quick Ratio	21,15	1,59	0,41	287,89
Equity Ratio	0,98	0,57	0,43	0,99
Gross Profit Margin	-	-	-	100 %