ELCON BROKER AS

3083 HOLMESTRAND

Finances

Share Ownership

Return on Equity

13,77 %

Current Ratio

4,57

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 502 000	17 604 000	10 019 000	12 161 000
Net Income	1 186 000	3 191 000	1 552 000	−63 000
Total Assets	10 709 000	12 409 000	9 014 000	8 849 000
Total Equity	8 615 000	7 429 000	5 833 000	5 757 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 502 000	17 604 000	10 019 000	12 161 000
Expenditure	10 937 000	13 504 000	8 203 000	11 856 000
Operating Profit	1 565 000	4 099 000	1 816 000	305 000
Financial Income	52 000	49 000	53 000	26 000
Financial Costs	97 000	127 000	113 000	107 000
Financial Balance	−45 000	−78 000	−60 000	−81 000
Earnings Before Tax	1 520 000	4 021 000	1 757 000	225 000
Tax	335 000	830 000	205 000	287 000
Net Income	1 186 000	3 191 000	1 552 000	−63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 704 000	1 160 000	1 092 000	1 420 000
Total Current Assets	9 005 000	11 249 000	7 923 000	7 429 000
Total Assets	10 709 000	12 409 000	9 014 000	8 849 000
Total Retained Equity	8 365 000	7 179 000	5 583 000	5 507 000
Total Equity	8 615 000	7 429 000	5 833 000	5 757 000
Total Long-Term Debt	125 000	88 000	0	0
Total Current Debt	1 970 000	4 892 000	3 181 000	3 091 000
Total Equity and Debt	10 709 000	12 409 000	9 014 000	8 849 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 356 000	17 352 000	9 997 000	11 980 000
Other Income	146 000	252 000	22 000	181 000
Revenue	12 502 000	17 604 000	10 019 000	12 161 000
Cost of Goods Sold	6 519 000	10 624 000	5 923 000	6 953 000
Salary Costs	2 968 000	2 020 000	2 035 000	2 027 000
Depreciation	342 000	335 000	328 000	313 000
Impairment	0	0	0	0
Expenditure	10 937 000	13 504 000	8 203 000	11 856 000
Operating Profit	1 565 000	4 099 000	1 816 000	305 000
Financial Income	52 000	49 000	53 000	26 000
Financial Costs	97 000	127 000	113 000	107 000
Financial Balance	−45 000	−78 000	−60 000	−81 000
Dividends	0	1 000 000	750 000	650 000
Net Income	1 186 000	3 191 000	1 552 000	−63 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 704 000	1 160 000	1 092 000	1 420 000
Total Tangible Assets	1 704 000	1 160 000	1 092 000	1 420 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 704 000	1 160 000	1 092 000	1 420 000
Stock	1 367 000	959 000	859 000	736 000
Total Investments	0	0	0	0
Cash, Bank	5 437 000	7 430 000	4 889 000	4 289 000
Total Current Assets	9 005 000	11 249 000	7 923 000	7 429 000
Total Assets	10 709 000	12 409 000	9 014 000	8 849 000
Total Equity	8 615 000	7 429 000	5 833 000	5 757 000
Short-Term Group Debt	232 000	763 000	931 000	1 520 000
Total Long-Term Debt	125 000	88 000	0	0
Creditors	853 000	1 266 000	657 000	214 000
Unpaid Taxes	400 000	1 104 000	625 000	479 000
Dividends	0	1 000 000	750 000	650 000
Other Current Debt	186 000	185 000	219 000	224 000
Total Current Debt	1 970 000	4 892 000	3 181 000	3 091 000
Total Equity and Debt	10 709 000	12 409 000	9 014 000	8 849 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,77 %	42,95 %	26,61 %	−1,09 %
Debt-to-Equity Ratio	0,01	0,01	0	0
Operating Profit Margin	12,52 %	23,28 %	18,13 %	2,51 %
Current Ratio	4,57	2,3	2,49	2,4
Quick Ratio	14,93	2,86	3,41	3,15
Equity Ratio	0,8	0,6	0,65	0,65
Gross Profit Margin	47,86 %	39,65 %	40,88 %	42,83 %