ELITE M AS

3150 TOLVSRØD

Finances

Return on Equity

761,34 %

Current Ratio

0,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 883 000	27 254 000	24 812 000	25 941 000
Net Income	2 048 000	4 417 000	4 185 000	2 828 000
Total Assets	7 453 000	9 465 000	5 597 000	10 913 000
Total Equity	269 000	321 000	284 000	245 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 883 000	27 254 000	24 812 000	25 941 000
Expenditure	22 183 000	21 553 000	19 257 000	22 033 000
Operating Profit	2 700 000	5 700 000	5 556 000	3 908 000
Financial Income	14 000	34 000	30 000	4 000
Financial Costs	82 000	64 000	197 000	283 000
Financial Balance	−68 000	−30 000	−167 000	−279 000
Earnings Before Tax	2 632 000	5 670 000	5 389 000	3 630 000
Tax	584 000	1 252 000	1 204 000	801 000
Net Income	2 048 000	4 417 000	4 185 000	2 828 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 845 000	985 000	829 000	1 220 000
Total Current Assets	5 608 000	8 480 000	4 768 000	9 693 000
Total Assets	7 453 000	9 465 000	5 597 000	10 913 000
Total Retained Equity	49 000	101 000	64 000	25 000
Total Equity	269 000	321 000	284 000	245 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 185 000	9 144 000	5 313 000	10 668 000
Total Equity and Debt	7 453 000	9 465 000	5 597 000	10 913 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 861 000	26 770 000	24 491 000	25 607 000
Other Income	22 000	484 000	322 000	333 000
Revenue	24 883 000	27 254 000	24 812 000	25 941 000
Cost of Goods Sold	4 953 000	6 367 000	5 780 000	5 492 000
Salary Costs	11 851 000	11 099 000	8 883 000	11 406 000
Depreciation	549 000	256 000	236 000	185 000
Impairment	0	0	0	0
Expenditure	22 183 000	21 553 000	19 257 000	22 033 000
Operating Profit	2 700 000	5 700 000	5 556 000	3 908 000
Financial Income	14 000	34 000	30 000	4 000
Financial Costs	82 000	64 000	197 000	283 000
Financial Balance	−68 000	−30 000	−167 000	−279 000
Dividends	1 900 000	4 180 000	1 050 000	2 816 000
Net Income	2 048 000	4 417 000	4 185 000	2 828 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	981 000	5 000	1 000	257 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	835 000	950 000	828 000	963 000
Total Tangible Assets	835 000	950 000	828 000	963 000
Total Fiancial Fixed Assets	30 000	30 000	0	0
Total Fixed Assets	1 845 000	985 000	829 000	1 220 000
Stock	2 476 000	1 968 000	2 082 000	2 365 000
Total Investments	0	0	0	0
Cash, Bank	1 275 000	4 294 000	1 120 000	578 000
Total Current Assets	5 608 000	8 480 000	4 768 000	9 693 000
Total Assets	7 453 000	9 465 000	5 597 000	10 913 000
Total Equity	269 000	321 000	284 000	245 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 316 000	1 170 000	946 000	1 030 000
Unpaid Taxes	1 421 000	1 691 000	1 340 000	1 712 000
Dividends	1 900 000	4 180 000	1 050 000	2 816 000
Other Current Debt	1 416 000	846 000	772 000	1 288 000
Total Current Debt	7 185 000	9 144 000	5 313 000	10 668 000
Total Equity and Debt	7 453 000	9 465 000	5 597 000	10 913 000

Financial indicators	2022	2021	2020	2019
Return on Equity	761,34 %	1 376,01 %	1 473,59 %	1 154,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,85 %	20,91 %	22,39 %	15,06 %
Current Ratio	0,78	0,93	0,9	0,91
Quick Ratio	1,19	1,18	1,48	1,17
Equity Ratio	0,04	0,03	0,05	0,02
Gross Profit Margin	80,09 %	76,64 %	76,7 %	78,83 %