ELCOR AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

18,36 %

Current Ratio

1,43

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	412 389 000	345 865 000	324 702 000	328 405 000
Net Income	6 607 000	2 178 000	14 736 000	18 663 000
Total Assets	134 140 000	103 810 000	106 778 000	106 639 000
Total Equity	35 991 000	29 526 000	27 347 000	27 337 000

Income (NOK)	2022	2021	2020	2019
Revenue	412 389 000	345 865 000	324 702 000	328 405 000
Expenditure	401 135 000	341 832 000	304 534 000	302 847 000
Operating Profit	11 255 000	4 032 000	20 168 000	25 557 000
Financial Income	583 000	540 000	624 000	460 000
Financial Costs	3 296 000	1 771 000	1 877 000	2 172 000
Financial Balance	−2 713 000	−1 231 000	−1 253 000	−1 712 000
Earnings Before Tax	8 541 000	2 801 000	18 914 000	23 844 000
Tax	1 934 000	623 000	4 178 000	5 182 000
Net Income	6 607 000	2 178 000	14 736 000	18 663 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 573 000	6 195 000	3 159 000	3 561 000
Total Current Assets	122 567 000	97 615 000	103 619 000	103 078 000
Total Assets	134 140 000	103 810 000	106 778 000	106 639 000
Total Retained Equity	32 190 000	25 724 000	23 546 000	23 535 000
Total Equity	35 991 000	29 526 000	27 347 000	27 337 000
Total Long-Term Debt	12 202 000	808 000	201 000	795 000
Total Current Debt	85 946 000	73 476 000	79 229 000	78 507 000
Total Equity and Debt	134 140 000	103 810 000	106 778 000	106 639 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	411 953 000	345 840 000	324 702 000	328 405 000
Other Income	436 000	25 000	0	0
Revenue	412 389 000	345 865 000	324 702 000	328 405 000
Cost of Goods Sold	242 227 000	196 058 000	168 957 000	180 225 000
Salary Costs	130 644 000	122 558 000	113 154 000	102 460 000
Depreciation	1 925 000	1 185 000	666 000	504 000
Impairment	0	0	0	0
Expenditure	401 135 000	341 832 000	304 534 000	302 847 000
Operating Profit	11 255 000	4 032 000	20 168 000	25 557 000
Financial Income	583 000	540 000	624 000	460 000
Financial Costs	3 296 000	1 771 000	1 877 000	2 172 000
Financial Balance	−2 713 000	−1 231 000	−1 253 000	−1 712 000
Dividends	0	0	0	0
Net Income	6 607 000	2 178 000	14 736 000	18 663 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	483 000	683 000	883 000	0
Total Intangible Assets	1 888 000	683 000	883 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	7 072 000	467 000	0	370 000
Fixtures	2 612 000	5 044 000	2 276 000	796 000
Total Tangible Assets	9 685 000	5 511 000	2 276 000	1 167 000
Total Fiancial Fixed Assets	0	0	0	2 394 000
Total Fixed Assets	11 573 000	6 195 000	3 159 000	3 561 000
Stock	49 011 000	33 030 000	23 006 000	18 907 000
Total Investments	0	0	0	0
Cash, Bank	3 000	1 002 000	11 550 000	1 226 000
Total Current Assets	122 567 000	97 615 000	103 619 000	103 078 000
Total Assets	134 140 000	103 810 000	106 778 000	106 639 000
Total Equity	35 991 000	29 526 000	27 347 000	27 337 000
Short-Term Group Debt	182 000	0	14 800 000	16 000 000
Total Long-Term Debt	12 202 000	808 000	201 000	795 000
Creditors	35 300 000	36 978 000	25 607 000	25 910 000
Unpaid Taxes	12 419 000	15 274 000	15 723 000	8 774 000
Dividends	0	0	0	0
Other Current Debt	25 155 000	21 208 000	18 402 000	12 593 000
Total Current Debt	85 946 000	73 476 000	79 229 000	78 507 000
Total Equity and Debt	134 140 000	103 810 000	106 778 000	106 639 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,36 %	7,38 %	53,89 %	68,27 %
Debt-to-Equity Ratio	0,34	0,03	0,01	0,03
Operating Profit Margin	2,73 %	1,17 %	6,21 %	7,78 %
Current Ratio	1,43	1,33	1,31	1,31
Quick Ratio	3,32	2,41	1,84	1,73
Equity Ratio	0,27	0,28	0,26	0,26
Gross Profit Margin	41,26 %	43,31 %	47,97 %	45,12 %