ELSEKO AS

7300 ORKANGER

Finances

Return on Equity

20,11 %

Current Ratio

1,29

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 064 000	30 019 000	28 469 000	35 647 000
Net Income	685 000	−736 000	−138 000	434 000
Total Assets	14 371 000	12 794 000	12 815 000	11 671 000
Total Equity	3 406 000	2 720 000	4 056 000	748 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 064 000	30 019 000	28 469 000	35 647 000
Expenditure	36 092 000	30 583 000	30 071 000	32 438 000
Operating Profit	972 000	−565 000	74 000	884 000
Financial Income	7 000	10 000	38 000	30 000
Financial Costs	268 000	181 000	250 000	480 000
Financial Balance	−261 000	−171 000	−212 000	−450 000
Earnings Before Tax	712 000	−736 000	−138 000	434 000
Tax	26 000	0	0	0
Net Income	685 000	−736 000	−138 000	434 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	635 000	451 000	546 000	1 026 000
Total Current Assets	13 736 000	12 343 000	12 269 000	10 645 000
Total Assets	14 371 000	12 794 000	12 815 000	11 671 000
Total Retained Equity	2 006 000	1 320 000	2 656 000	−652 000
Total Equity	3 406 000	2 720 000	4 056 000	748 000
Total Long-Term Debt	293 000	974 000	1 360 000	4 008 000
Total Current Debt	10 673 000	9 100 000	7 399 000	6 915 000
Total Equity and Debt	14 371 000	12 794 000	12 815 000	11 671 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 064 000	30 019 000	28 469 000	35 647 000
Other Income	0	0	0	0
Revenue	37 064 000	30 019 000	28 469 000	35 647 000
Cost of Goods Sold	23 522 000	18 846 000	19 324 000	20 113 000
Salary Costs	9 457 000	8 580 000	8 029 000	9 530 000
Depreciation	1 000	0	20 000	17 000
Impairment	0	0	0	0
Expenditure	36 092 000	30 583 000	30 071 000	32 438 000
Operating Profit	972 000	−565 000	74 000	884 000
Financial Income	7 000	10 000	38 000	30 000
Financial Costs	268 000	181 000	250 000	480 000
Financial Balance	−261 000	−171 000	−212 000	−450 000
Dividends	0	0	561 000	0
Net Income	685 000	−736 000	−138 000	434 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	5 000
Total Intangible Assets	0	0	0	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	34 000	0	0	15 000
Total Tangible Assets	34 000	0	0	15 000
Total Fiancial Fixed Assets	601 000	451 000	546 000	1 006 000
Total Fixed Assets	635 000	451 000	546 000	1 026 000
Stock	3 318 000	3 247 000	2 775 000	2 616 000
Total Investments	0	0	0	0
Cash, Bank	1 217 000	901 000	1 812 000	943 000
Total Current Assets	13 736 000	12 343 000	12 269 000	10 645 000
Total Assets	14 371 000	12 794 000	12 815 000	11 671 000
Total Equity	3 406 000	2 720 000	4 056 000	748 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	293 000	974 000	1 360 000	4 008 000
Creditors	3 584 000	2 786 000	2 347 000	1 711 000
Unpaid Taxes	1 213 000	927 000	834 000	945 000
Dividends	0	0	561 000	0
Other Current Debt	1 040 000	887 000	771 000	847 000
Total Current Debt	10 673 000	9 100 000	7 399 000	6 915 000
Total Equity and Debt	14 371 000	12 794 000	12 815 000	11 671 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,11 %	−27,06 %	−3,4 %	58,02 %
Debt-to-Equity Ratio	0,09	0,36	0,34	5,36
Operating Profit Margin	2,62 %	−1,88 %	0,26 %	2,48 %
Current Ratio	1,29	1,36	1,66	1,54
Quick Ratio	1,87	2,11	2,65	2,48
Equity Ratio	0,24	0,21	0,32	0,06
Gross Profit Margin	36,54 %	37,22 %	32,12 %	43,58 %