ELUND KNUTSEN EFTF AS

8516 NARVIK

Finances

Return on Equity

3,74 %

Current Ratio

6,73

Debt-to-Equity Ratio

−2,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 284 000	2 195 000	2 165 000	2 172 000
Net Income	−222 000	202 000	312 000	−562 000
Total Assets	10 825 000	11 739 000	11 534 000	9 738 000
Total Equity	−5 929 000	−5 723 000	−5 924 000	−6 237 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 284 000	2 195 000	2 165 000	2 172 000
Expenditure	1 916 000	1 257 000	1 119 000	2 240 000
Operating Profit	368 000	938 000	1 046 000	−68 000
Financial Income	2 000	0	153 000	179 000
Financial Costs	655 000	679 000	799 000	831 000
Financial Balance	−653 000	−679 000	−646 000	−652 000
Earnings Before Tax	−285 000	259 000	401 000	−720 000
Tax	−63 000	57 000	88 000	−158 000
Net Income	−222 000	202 000	312 000	−562 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 190 000	10 043 000	9 098 000	9 329 000
Total Current Assets	1 635 000	1 696 000	2 436 000	409 000
Total Assets	10 825 000	11 739 000	11 534 000	9 738 000
Total Retained Equity	−6 029 000	−5 823 000	−6 024 000	−6 337 000
Total Equity	−5 929 000	−5 723 000	−5 924 000	−6 237 000
Total Long-Term Debt	16 512 000	17 200 000	17 200 000	15 586 000
Total Current Debt	243 000	262 000	258 000	388 000
Total Equity and Debt	10 825 000	11 739 000	11 534 000	9 738 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 284 000	2 195 000	2 165 000	2 172 000
Other Income	0	0	0	0
Revenue	2 284 000	2 195 000	2 165 000	2 172 000
Cost of Goods Sold	0	0	0	14 000
Salary Costs	327 000	295 000	498 000	1 598 000
Depreciation	300 000	287 000	245 000	243 000
Impairment	0	0	0	0
Expenditure	1 916 000	1 257 000	1 119 000	2 240 000
Operating Profit	368 000	938 000	1 046 000	−68 000
Financial Income	2 000	0	153 000	179 000
Financial Costs	655 000	679 000	799 000	831 000
Financial Balance	−653 000	−679 000	−646 000	−652 000
Dividends	0	0	0	0
Net Income	−222 000	202 000	312 000	−562 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	899 000	836 000	893 000	981 000
Real Eastate	6 241 000	6 541 000	5 559 000	5 722 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 241 000	6 541 000	5 559 000	5 722 000
Total Fiancial Fixed Assets	2 050 000	2 665 000	2 645 000	2 626 000
Total Fixed Assets	9 190 000	10 043 000	9 098 000	9 329 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	84 000	560 000	678 000	364 000
Total Current Assets	1 635 000	1 696 000	2 436 000	409 000
Total Assets	10 825 000	11 739 000	11 534 000	9 738 000
Total Equity	−5 929 000	−5 723 000	−5 924 000	−6 237 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 512 000	17 200 000	17 200 000	15 586 000
Creditors	34 000	75 000	43 000	−3 000
Unpaid Taxes	101 000	84 000	92 000	164 000
Dividends	0	0	0	0
Other Current Debt	107 000	102 000	123 000	228 000
Total Current Debt	243 000	262 000	258 000	388 000
Total Equity and Debt	10 825 000	11 739 000	11 534 000	9 738 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,74 %	−3,53 %	−5,27 %	9,01 %
Debt-to-Equity Ratio	−2,78	−3,01	−2,9	−2,5
Operating Profit Margin	16,11 %	42,73 %	48,31 %	−3,13 %
Current Ratio	6,73	6,47	9,44	1,05
Quick Ratio	6,73	6,47	9,44	1,05
Equity Ratio	−0,55	−0,49	−0,51	−0,64
Gross Profit Margin	100 %	100 %	100 %	99,36 %