ELVETUNET NR. 47 AS

3018 DRAMMEN

Finances

Share Ownership

Return on Equity

40,29 %

Current Ratio

0,16

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 796 000	1 869 000	2 053 000	1 555 000
Net Income	220 000	958 000	764 000	−169 000
Total Assets	1 149 000	1 225 000	1 829 000	1 309 000
Total Equity	546 000	325 000	−633 000	−1 397 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 796 000	1 869 000	2 053 000	1 555 000
Expenditure	1 505 000	636 000	979 000	1 535 000
Operating Profit	291 000	1 233 000	1 074 000	20 000
Financial Income	0	0	2 000	0
Financial Costs	9 000	4 000	121 000	212 000
Financial Balance	−9 000	−4 000	−119 000	−212 000
Earnings Before Tax	283 000	1 229 000	955 000	−191 000
Tax	62 000	270 000	191 000	−23 000
Net Income	220 000	958 000	764 000	−169 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 061 000	1 061 000	1 061 000	1 061 000
Total Current Assets	88 000	164 000	768 000	249 000
Total Assets	1 149 000	1 225 000	1 829 000	1 309 000
Total Retained Equity	446 000	225 000	−733 000	−1 497 000
Total Equity	546 000	325 000	−633 000	−1 397 000
Total Long-Term Debt	41 000	49 000	62 000	2 300 000
Total Current Debt	563 000	850 000	2 400 000	406 000
Total Equity and Debt	1 149 000	1 225 000	1 829 000	1 309 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 796 000	1 869 000	2 053 000	1 555 000
Revenue	1 796 000	1 869 000	2 053 000	1 555 000
Cost of Goods Sold	23 000	0	0	37 000
Salary Costs	0	0	310 000	395 000
Depreciation	0	0	0	17 000
Impairment	0	0	0	0
Expenditure	1 505 000	636 000	979 000	1 535 000
Operating Profit	291 000	1 233 000	1 074 000	20 000
Financial Income	0	0	2 000	0
Financial Costs	9 000	4 000	121 000	212 000
Financial Balance	−9 000	−4 000	−119 000	−212 000
Dividends	0	0	0	0
Net Income	220 000	958 000	764 000	−169 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 061 000	1 061 000	1 061 000	1 061 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 061 000	1 061 000	1 061 000	1 061 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 061 000	1 061 000	1 061 000	1 061 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 000	33 000	752 000	147 000
Total Current Assets	88 000	164 000	768 000	249 000
Total Assets	1 149 000	1 225 000	1 829 000	1 309 000
Total Equity	546 000	325 000	−633 000	−1 397 000
Short-Term Group Debt	283 000	449 000	2 243 000	0
Total Long-Term Debt	41 000	49 000	62 000	2 300 000
Creditors	185 000	78 000	1 000	197 000
Unpaid Taxes	0	0	0	9 000
Dividends	0	0	0	0
Other Current Debt	23 000	40 000	28 000	200 000
Total Current Debt	563 000	850 000	2 400 000	406 000
Total Equity and Debt	1 149 000	1 225 000	1 829 000	1 309 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,29 %	294,77 %	−120,7 %	12,1 %
Debt-to-Equity Ratio	0,08	0,15	−0,1	−1,65
Operating Profit Margin	16,2 %	65,97 %	52,31 %	1,29 %
Current Ratio	0,16	0,19	0,32	0,61
Quick Ratio	0,16	0,19	0,32	0,61
Equity Ratio	0,48	0,27	−0,35	−1,07
Gross Profit Margin	98,72 %	100 %	100 %	97,62 %