ELTEX AS

4879 GRIMSTAD

Finances

Share Ownership

Return on Equity

8,94 %

Current Ratio

0,27

Debt-to-Equity Ratio

0,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	126 000	235 000	72 000	216 000
Net Income	43 000	122 000	−9 000	119 000
Total Assets	906 000	978 000	936 000	1 041 000
Total Equity	481 000	438 000	316 000	325 000

Income (NOK)	2022	2021	2020	2019
Revenue	126 000	235 000	72 000	216 000
Expenditure	54 000	63 000	65 000	57 000
Operating Profit	72 000	172 000	7 000	159 000
Financial Income	0	0	0	0
Financial Costs	17 000	15 000	18 000	22 000
Financial Balance	−17 000	−15 000	−18 000	−22 000
Earnings Before Tax	55 000	157 000	−11 000	137 000
Tax	12 000	35 000	−2 000	18 000
Net Income	43 000	122 000	−9 000	119 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	884 000	888 000	870 000	870 000
Total Current Assets	22 000	90 000	66 000	172 000
Total Assets	906 000	978 000	936 000	1 041 000
Total Retained Equity	381 000	338 000	216 000	225 000
Total Equity	481 000	438 000	316 000	325 000
Total Long-Term Debt	344 000	411 000	475 000	537 000
Total Current Debt	81 000	129 000	144 000	180 000
Total Equity and Debt	906 000	978 000	936 000	1 041 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	101 000	235 000	37 000	216 000
Other Income	25 000	0	36 000	0
Revenue	126 000	235 000	72 000	216 000
Cost of Goods Sold	0	6 000	0	0
Salary Costs	0	0	0	0
Depreciation	4 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	54 000	63 000	65 000	57 000
Operating Profit	72 000	172 000	7 000	159 000
Financial Income	0	0	0	0
Financial Costs	17 000	15 000	18 000	22 000
Financial Balance	−17 000	−15 000	−18 000	−22 000
Dividends	0	0	0	0
Net Income	43 000	122 000	−9 000	119 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	884 000	888 000	870 000	870 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	884 000	888 000	870 000	870 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	884 000	888 000	870 000	870 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	20 000	89 000	65 000	69 000
Total Current Assets	22 000	90 000	66 000	172 000
Total Assets	906 000	978 000	936 000	1 041 000
Total Equity	481 000	438 000	316 000	325 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	344 000	411 000	475 000	537 000
Creditors	7 000	0	5 000	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	58 000	92 000	139 000	176 000
Total Current Debt	81 000	129 000	144 000	180 000
Total Equity and Debt	906 000	978 000	936 000	1 041 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,94 %	27,85 %	−2,85 %	36,62 %
Debt-to-Equity Ratio	0,72	0,94	1,5	1,65
Operating Profit Margin	57,14 %	73,19 %	9,72 %	73,61 %
Current Ratio	0,27	0,7	0,46	0,96
Quick Ratio	0,27	0,7	0,46	0,96
Equity Ratio	0,53	0,45	0,34	0,31
Gross Profit Margin	100 %	97,45 %	100 %	100 %