Elvenesstrand Smolt AS

8430 MYRE

Finances

Return on Equity

17,68 %

Current Ratio

104,76

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 182 000	22 077 000	19 767 000	9 852 000
Net Income	3 296 000	5 555 000	6 570 000	912 000
Total Assets	20 890 000	17 832 000	28 036 000	16 395 000
Total Equity	18 642 000	15 346 000	20 635 000	14 065 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 182 000	22 077 000	19 767 000	9 852 000
Expenditure	14 146 000	14 983 000	11 358 000	8 492 000
Operating Profit	4 139 000	7 094 000	8 411 000	1 359 000
Financial Income	88 000	31 000	18 000	42 000
Financial Costs	0	0	0	179 000
Financial Balance	88 000	31 000	18 000	−137 000
Earnings Before Tax	4 227 000	7 125 000	8 429 000	1 222 000
Tax	930 000	1 570 000	1 858 000	310 000
Net Income	3 296 000	5 555 000	6 570 000	912 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 242 000	2 495 000	2 753 000	2 556 000
Total Current Assets	18 647 000	15 336 000	25 284 000	13 839 000
Total Assets	20 890 000	17 832 000	28 036 000	16 395 000
Total Retained Equity	17 307 000	14 011 000	19 300 000	12 730 000
Total Equity	18 642 000	15 346 000	20 635 000	14 065 000
Total Long-Term Debt	2 070 000	1 401 000	2 087 000	1 383 000
Total Current Debt	178 000	1 085 000	5 314 000	948 000
Total Equity and Debt	20 890 000	17 832 000	28 036 000	16 395 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 174 000	22 050 000	19 767 000	9 852 000
Other Income	8 000	26 000	0	0
Revenue	15 182 000	22 077 000	19 767 000	9 852 000
Cost of Goods Sold	8 057 000	9 376 000	5 725 000	2 419 000
Salary Costs	3 404 000	2 469 000	2 708 000	2 968 000
Depreciation	415 000	438 000	461 000	436 000
Impairment	0	0	0	0
Expenditure	14 146 000	14 983 000	11 358 000	8 492 000
Operating Profit	4 139 000	7 094 000	8 411 000	1 359 000
Financial Income	88 000	31 000	18 000	42 000
Financial Costs	0	0	0	179 000
Financial Balance	88 000	31 000	18 000	−137 000
Dividends	0	0	0	0
Net Income	3 296 000	5 555 000	6 570 000	912 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 381 000	1 435 000	1 330 000	687 000
Machinery and Plant Facilities	383 000	455 000	733 000	1 071 000
Fixtures	0	208 000	317 000	426 000
Total Tangible Assets	1 870 000	2 098 000	2 380 000	2 184 000
Total Fiancial Fixed Assets	372 000	397 000	372 000	372 000
Total Fixed Assets	2 242 000	2 495 000	2 753 000	2 556 000
Stock	10 220 000	7 117 000	10 073 000	9 137 000
Total Investments	0	0	0	0
Cash, Bank	6 453 000	7 221 000	2 111 000	3 924 000
Total Current Assets	18 647 000	15 336 000	25 284 000	13 839 000
Total Assets	20 890 000	17 832 000	28 036 000	16 395 000
Total Equity	18 642 000	15 346 000	20 635 000	14 065 000
Short-Term Group Debt	0	0	0	−98 000
Total Long-Term Debt	2 070 000	1 401 000	2 087 000	1 383 000
Creditors	333 000	581 000	1 009 000	488 000
Unpaid Taxes	1 469 000	205 000	2 841 000	264 000
Dividends	0	0	0	0
Other Current Debt	−1 886 000	299 000	311 000	293 000
Total Current Debt	178 000	1 085 000	5 314 000	948 000
Total Equity and Debt	20 890 000	17 832 000	28 036 000	16 395 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,68 %	36,2 %	31,84 %	6,48 %
Debt-to-Equity Ratio	0,11	0,09	0,1	0,1
Operating Profit Margin	27,26 %	32,13 %	42,55 %	13,79 %
Current Ratio	104,76	14,13	4,76	14,6
Quick Ratio	−1,86	−2,54	−5,31	−1,69
Equity Ratio	0,89	0,86	0,74	0,86
Gross Profit Margin	46,93 %	57,53 %	71,04 %	75,45 %