ELVSTRØM SAILS NORGE AS

3157 BARKÅKER

Finances

Share Ownership

Return on Equity

1,83 %

Current Ratio

1,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 681 000	13 182 000	8 325 000	6 382 000
Net Income	33 000	1 699 000	525 000	173 000
Total Assets	3 739 000	4 370 000	2 161 000	2 110 000
Total Equity	1 807 000	1 774 000	491 000	−35 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 681 000	13 182 000	8 325 000	6 382 000
Expenditure	10 725 000	11 801 000	7 793 000	6 194 000
Operating Profit	42 000	1 295 000	532 000	188 000
Financial Income	0	0	1 000	2 000
Financial Costs	9 000	12 000	8 000	16 000
Financial Balance	−9 000	−12 000	−7 000	−14 000
Earnings Before Tax	33 000	1 283 000	525 000	173 000
Tax	0	−416 000	0	0
Net Income	33 000	1 699 000	525 000	173 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	21 000	0	18 000
Total Current Assets	3 723 000	4 349 000	2 161 000	2 092 000
Total Assets	3 739 000	4 370 000	2 161 000	2 110 000
Total Retained Equity	33 000	0	−2 494 000	−3 020 000
Total Equity	1 807 000	1 774 000	491 000	−35 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 932 000	2 597 000	1 671 000	2 144 000
Total Equity and Debt	3 739 000	4 370 000	2 161 000	2 110 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 663 000	13 182 000	8 325 000	6 372 000
Other Income	18 000	0	0	10 000
Revenue	10 681 000	13 182 000	8 325 000	6 382 000
Cost of Goods Sold	7 461 000	8 215 000	5 367 000	3 275 000
Salary Costs	1 907 000	2 123 000	1 609 000	1 898 000
Depreciation	5 000	5 000	18 000	54 000
Impairment	0	0	0	0
Expenditure	10 725 000	11 801 000	7 793 000	6 194 000
Operating Profit	42 000	1 295 000	532 000	188 000
Financial Income	0	0	1 000	2 000
Financial Costs	9 000	12 000	8 000	16 000
Financial Balance	−9 000	−12 000	−7 000	−14 000
Dividends	0	1 889 000	0	0
Net Income	33 000	1 699 000	525 000	173 000

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	16 000	21 000	0	0
Fixtures	0	0	0	18 000
Total Tangible Assets	16 000	21 000	0	18 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 000	21 000	0	18 000
Stock	1 266 000	1 181 000	1 036 000	1 047 000
Total Investments	0	0	0	0
Cash, Bank	682 000	2 361 000	424 000	355 000
Total Current Assets	3 723 000	4 349 000	2 161 000	2 092 000
Total Assets	3 739 000	4 370 000	2 161 000	2 110 000
Total Equity	1 807 000	1 774 000	491 000	−35 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	910 000	1 096 000	621 000	937 000
Unpaid Taxes	553 000	518 000	532 000	346 000
Dividends	0	1 889 000	0	0
Other Current Debt	470 000	983 000	519 000	861 000
Total Current Debt	1 932 000	2 597 000	1 671 000	2 144 000
Total Equity and Debt	3 739 000	4 370 000	2 161 000	2 110 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,83 %	95,77 %	106,92 %	−494,29 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	0,39 %	9,82 %	6,39 %	2,95 %
Current Ratio	1,93	1,67	1,29	0,98
Quick Ratio	5,59	3,07	3,4	1,91
Equity Ratio	0,48	0,41	0,23	−0,02
Gross Profit Margin	30,15 %	37,68 %	35,53 %	48,68 %