ELGVEIEN II BORETTSLAG

8514 NARVIK

Finances

Share Ownership

Return on Equity

−1,82 %

Current Ratio

42,17

Debt-to-Equity Ratio

−1,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	754 000	624 000	572 000	598 000
Net Income	84 000	−5 312 000	−188 000	−27 000
Total Assets	3 132 000	5 533 000	2 903 000	3 104 000
Total Equity	−4 618 000	−4 702 000	610 000	798 000

Income (NOK)	2022	2021	2020	2019
Revenue	754 000	624 000	572 000	598 000
Expenditure	457 000	5 798 000	689 000	574 000
Operating Profit	296 000	−5 174 000	−118 000	24 000
Financial Income	1 000	0	0	2 000
Financial Costs	213 000	138 000	70 000	52 000
Financial Balance	−212 000	−138 000	−70 000	−50 000
Earnings Before Tax	84 000	−5 312 000	−188 000	−27 000
Tax	0	0	0	0
Net Income	84 000	−5 312 000	−188 000	−27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 625 000	2 636 000	2 646 000	2 656 000
Total Current Assets	506 000	2 898 000	257 000	447 000
Total Assets	3 132 000	5 533 000	2 903 000	3 104 000
Total Retained Equity	−4 618 000	−4 702 000	−2 336 000	798 000
Total Equity	−4 618 000	−4 702 000	610 000	798 000
Total Long-Term Debt	7 738 000	10 168 000	5 234 000	2 310 000
Total Current Debt	12 000	68 000	5 000	−4 000
Total Equity and Debt	3 132 000	5 533 000	2 903 000	3 104 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	754 000	624 000	572 000	598 000
Revenue	754 000	624 000	572 000	598 000
Cost of Goods Sold	0	0	0	0
Salary Costs	21 000	21 000	20 000	15 000
Depreciation	10 000	10 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	457 000	5 798 000	689 000	574 000
Operating Profit	296 000	−5 174 000	−118 000	24 000
Financial Income	1 000	0	0	2 000
Financial Costs	213 000	138 000	70 000	52 000
Financial Balance	−212 000	−138 000	−70 000	−50 000
Dividends	0	0	0	0
Net Income	84 000	−5 312 000	−188 000	−27 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 625 000	2 636 000	2 646 000	2 656 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 625 000	2 636 000	2 646 000	2 656 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 625 000	2 636 000	2 646 000	2 656 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	486 000	2 878 000	239 000	447 000
Total Current Assets	506 000	2 898 000	257 000	447 000
Total Assets	3 132 000	5 533 000	2 903 000	3 104 000
Total Equity	−4 618 000	−4 702 000	610 000	798 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 738 000	10 168 000	5 234 000	2 310 000
Creditors	5 000	62 000	5 000	−10 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	7 000	6 000	0	6 000
Total Current Debt	12 000	68 000	5 000	−4 000
Total Equity and Debt	3 132 000	5 533 000	2 903 000	3 104 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,82 %	112,97 %	−30,82 %	−3,38 %
Debt-to-Equity Ratio	−1,68	−2,16	8,58	2,89
Operating Profit Margin	39,26 %	−829,17 %	−20,63 %	4,01 %
Current Ratio	42,17	42,62	51,4	−111,75
Quick Ratio	42,17	42,62	51,4	−111,75
Equity Ratio	−1,47	−0,85	0,21	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %