ELTORQUE AS

7041 TRONDHEIM

Finances

Share Ownership

Return on Equity

19 %

Current Ratio

4,31

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	178 609 000	165 277 000	147 211 000	122 983 000
Net Income	18 071 000	9 771 000	7 573 000	4 892 000
Total Assets	180 666 000	163 977 000	143 133 000	124 444 000
Total Equity	95 097 000	76 794 000	60 636 000	54 476 000

Income (NOK)	2022	2021	2020	2019
Revenue	178 609 000	165 277 000	147 211 000	122 983 000
Expenditure	157 429 000	150 182 000	135 603 000	114 653 000
Operating Profit	21 180 000	15 095 000	11 608 000	8 330 000
Financial Income	2 237 000	837 000	1 014 000	686 000
Financial Costs	3 372 000	4 717 000	3 637 000	3 300 000
Financial Balance	−1 135 000	−3 880 000	−2 623 000	−2 614 000
Earnings Before Tax	20 045 000	11 216 000	8 985 000	5 716 000
Tax	1 974 000	1 445 000	1 412 000	824 000
Net Income	18 071 000	9 771 000	7 573 000	4 892 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 293 000	30 933 000	36 315 000	40 984 000
Total Current Assets	152 373 000	133 044 000	106 818 000	83 460 000
Total Assets	180 666 000	163 977 000	143 133 000	124 444 000
Total Retained Equity	53 794 000	35 491 000	19 333 000	13 173 000
Total Equity	95 097 000	76 794 000	60 636 000	54 476 000
Total Long-Term Debt	50 248 000	54 598 000	57 219 000	35 030 000
Total Current Debt	35 321 000	32 585 000	25 278 000	34 938 000
Total Equity and Debt	180 666 000	163 977 000	143 133 000	124 444 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	175 407 000	162 992 000	145 465 000	122 414 000
Other Income	3 202 000	2 285 000	1 746 000	569 000
Revenue	178 609 000	165 277 000	147 211 000	122 983 000
Cost of Goods Sold	70 859 000	73 637 000	68 370 000	49 897 000
Salary Costs	34 434 000	23 937 000	25 344 000	24 154 000
Depreciation	8 439 000	17 379 000	16 719 000	18 241 000
Impairment	0	0	0	0
Expenditure	157 429 000	150 182 000	135 603 000	114 653 000
Operating Profit	21 180 000	15 095 000	11 608 000	8 330 000
Financial Income	2 237 000	837 000	1 014 000	686 000
Financial Costs	3 372 000	4 717 000	3 637 000	3 300 000
Financial Balance	−1 135 000	−3 880 000	−2 623 000	−2 614 000
Dividends	0	0	0	0
Net Income	18 071 000	9 771 000	7 573 000	4 892 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	223 000	43 000	9 000	230 000
Total Intangible Assets	26 123 000	29 086 000	34 647 000	39 492 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 171 000	1 846 000	1 668 000	1 492 000
Fixtures	0	0	0	0
Total Tangible Assets	2 171 000	1 846 000	1 668 000	1 492 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 293 000	30 933 000	36 315 000	40 984 000
Stock	87 198 000	56 528 000	60 363 000	51 773 000
Total Investments	0	0	0	0
Cash, Bank	39 555 000	51 650 000	15 534 000	7 018 000
Total Current Assets	152 373 000	133 044 000	106 818 000	83 460 000
Total Assets	180 666 000	163 977 000	143 133 000	124 444 000
Total Equity	95 097 000	76 794 000	60 636 000	54 476 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	50 248 000	54 598 000	57 219 000	35 030 000
Creditors	18 483 000	16 159 000	9 974 000	12 943 000
Unpaid Taxes	0	1 532 000	5 198 000	2 614 000
Dividends	0	0	0	0
Other Current Debt	16 838 000	14 895 000	10 106 000	7 995 000
Total Current Debt	35 321 000	32 585 000	25 278 000	34 938 000
Total Equity and Debt	180 666 000	163 977 000	143 133 000	124 444 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19 %	12,72 %	12,49 %	8,98 %
Debt-to-Equity Ratio	0,53	0,71	0,94	0,64
Operating Profit Margin	11,86 %	9,13 %	7,89 %	6,77 %
Current Ratio	4,31	4,08	4,23	2,39
Quick Ratio	−2,94	−5,56	−3,04	−4,96
Equity Ratio	0,53	0,47	0,42	0,44
Gross Profit Margin	60,33 %	55,45 %	53,56 %	59,43 %