ELGESETER HÅRDESIGN AS

7030 TRONDHEIM

Finances

Share Ownership

Return on Equity

50,32 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 185 000	1 988 000	1 889 000	1 900 000
Net Income	79 000	−40 000	−66 000	−55 000
Total Assets	622 000	511 000	406 000	487 000
Total Equity	157 000	77 000	117 000	183 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 185 000	1 988 000	1 889 000	1 900 000
Expenditure	2 084 000	2 038 000	1 973 000	1 971 000
Operating Profit	102 000	−51 000	−84 000	−72 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	1 000
Earnings Before Tax	103 000	−50 000	−83 000	−71 000
Tax	23 000	−10 000	−18 000	−15 000
Net Income	79 000	−40 000	−66 000	−55 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	80 000	48 000	45 000	36 000
Total Current Assets	542 000	463 000	361 000	451 000
Total Assets	622 000	511 000	406 000	487 000
Total Retained Equity	−43 000	−123 000	−83 000	−17 000
Total Equity	157 000	77 000	117 000	183 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	465 000	434 000	289 000	305 000
Total Equity and Debt	622 000	511 000	406 000	487 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 185 000	1 988 000	1 867 000	1 900 000
Other Income	0	0	22 000	0
Revenue	2 185 000	1 988 000	1 889 000	1 900 000
Cost of Goods Sold	200 000	169 000	205 000	168 000
Salary Costs	1 443 000	1 436 000	1 369 000	1 371 000
Depreciation	7 000	7 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	2 084 000	2 038 000	1 973 000	1 971 000
Operating Profit	102 000	−51 000	−84 000	−72 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	1 000
Dividends	0	0	0	0
Net Income	79 000	−40 000	−66 000	−55 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 000	48 000	38 000	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	55 000	0	7 000	16 000
Total Tangible Assets	55 000	0	7 000	16 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	80 000	48 000	45 000	36 000
Stock	166 000	185 000	171 000	196 000
Total Investments	0	0	0	0
Cash, Bank	358 000	247 000	170 000	240 000
Total Current Assets	542 000	463 000	361 000	451 000
Total Assets	622 000	511 000	406 000	487 000
Total Equity	157 000	77 000	117 000	183 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	16 000	19 000	6 000	5 000
Unpaid Taxes	175 000	159 000	154 000	156 000
Dividends	0	0	0	0
Other Current Debt	274 000	257 000	129 000	143 000
Total Current Debt	465 000	434 000	289 000	305 000
Total Equity and Debt	622 000	511 000	406 000	487 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,32 %	−51,95 %	−56,41 %	−30,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,67 %	−2,57 %	−4,45 %	−3,79 %
Current Ratio	1,17	1,07	1,25	1,48
Quick Ratio	1,81	1,86	3,06	4,14
Equity Ratio	0,25	0,15	0,29	0,38
Gross Profit Margin	90,85 %	91,5 %	89,15 %	91,16 %