ELVRUM SÆTTEM AS

7224 MELHUS

Finances

Return on Equity

4,86 %

Current Ratio

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 966 000	31 893 000	35 605 000	46 478 000
Net Income	378 000	455 000	481 000	−2 903 000
Total Assets	13 023 000	12 380 000	13 294 000	13 180 000
Total Equity	7 775 000	6 890 000	5 967 000	4 711 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 966 000	31 893 000	35 605 000	46 478 000
Expenditure	33 582 000	31 402 000	37 716 000	50 329 000
Operating Profit	384 000	491 000	−2 111 000	−3 851 000
Financial Income	197 000	200 000	2 312 000	185 000
Financial Costs	97 000	109 000	164 000	131 000
Financial Balance	100 000	91 000	2 148 000	54 000
Earnings Before Tax	484 000	583 000	37 000	−3 798 000
Tax	107 000	128 000	−444 000	−895 000
Net Income	378 000	455 000	481 000	−2 903 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 669 000	2 016 000	3 042 000	3 562 000
Total Current Assets	8 354 000	10 364 000	10 253 000	9 618 000
Total Assets	13 023 000	12 380 000	13 294 000	13 180 000
Total Retained Equity	4 875 000	3 991 000	3 067 000	2 586 000
Total Equity	7 775 000	6 890 000	5 967 000	4 711 000
Total Long-Term Debt	1 067 000	65 000	257 000	443 000
Total Current Debt	4 181 000	5 425 000	7 070 000	8 026 000
Total Equity and Debt	13 023 000	12 380 000	13 294 000	13 180 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 105 000	31 564 000	33 970 000	45 009 000
Other Income	861 000	329 000	1 635 000	1 469 000
Revenue	33 966 000	31 893 000	35 605 000	46 478 000
Cost of Goods Sold	488 000	216 000	268 000	453 000
Salary Costs	12 474 000	12 146 000	14 935 000	19 822 000
Depreciation	195 000	439 000	508 000	486 000
Impairment	0	0	0	0
Expenditure	33 582 000	31 402 000	37 716 000	50 329 000
Operating Profit	384 000	491 000	−2 111 000	−3 851 000
Financial Income	197 000	200 000	2 312 000	185 000
Financial Costs	97 000	109 000	164 000	131 000
Financial Balance	100 000	91 000	2 148 000	54 000
Dividends	0	0	0	0
Net Income	378 000	455 000	481 000	−2 903 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 192 000	1 441 000	1 702 000	1 477 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	361 000	338 000	1 102 000	1 611 000
Total Tangible Assets	361 000	338 000	1 102 000	1 611 000
Total Fiancial Fixed Assets	3 117 000	237 000	237 000	475 000
Total Fixed Assets	4 669 000	2 016 000	3 042 000	3 562 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 080 000	2 997 000	2 791 000	2 921 000
Total Current Assets	8 354 000	10 364 000	10 253 000	9 618 000
Total Assets	13 023 000	12 380 000	13 294 000	13 180 000
Total Equity	7 775 000	6 890 000	5 967 000	4 711 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 067 000	65 000	257 000	443 000
Creditors	1 229 000	1 285 000	1 892 000	1 967 000
Unpaid Taxes	1 290 000	1 322 000	1 337 000	1 455 000
Dividends	0	0	0	0
Other Current Debt	1 661 000	2 818 000	3 841 000	4 604 000
Total Current Debt	4 181 000	5 425 000	7 070 000	8 026 000
Total Equity and Debt	13 023 000	12 380 000	13 294 000	13 180 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,86 %	6,6 %	8,06 %	−61,62 %
Debt-to-Equity Ratio	0,14	0,01	0,04	0,09
Operating Profit Margin	1,13 %	1,54 %	−5,93 %	−8,29 %
Current Ratio	2	1,91	1,45	1,2
Quick Ratio	2	1,91	1,45	1,2
Equity Ratio	0,6	0,56	0,45	0,36
Gross Profit Margin	98,56 %	99,32 %	99,25 %	99,03 %