ELINETT AS

6419 MOLDE

Finances

Return on Equity

11,05 %

Current Ratio

0,41

Debt-to-Equity Ratio

1,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	269 767 000	286 934 000	270 301 000	253 002 000
Net Income	41 202 000	34 375 000	35 390 000	18 660 000
Total Assets	1 347 142 000	1 137 707 000	1 069 685 000	917 612 000
Total Equity	372 856 000	347 449 000	333 075 000	286 542 000

Income (NOK)	2022	2021	2020	2019
Revenue	269 767 000	286 934 000	270 301 000	253 002 000
Expenditure	191 440 000	228 091 000	208 731 000	211 393 000
Operating Profit	78 328 000	58 843 000	61 570 000	41 609 000
Financial Income	275 000	488 000	108 000	445 000
Financial Costs	25 658 000	15 260 000	16 228 000	18 049 000
Financial Balance	−25 383 000	−14 772 000	−16 120 000	−17 604 000
Earnings Before Tax	52 945 000	44 070 000	45 450 000	24 006 000
Tax	11 743 000	9 696 000	10 061 000	5 345 000
Net Income	41 202 000	34 375 000	35 390 000	18 660 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 225 924 000	1 045 661 000	965 030 000	853 609 000
Total Current Assets	121 218 000	92 046 000	104 655 000	64 003 000
Total Assets	1 347 142 000	1 137 707 000	1 069 685 000	917 612 000
Total Retained Equity	211 497 000	196 586 000	190 791 000	148 051 000
Total Equity	372 856 000	347 449 000	333 075 000	286 542 000
Total Long-Term Debt	678 113 000	574 655 000	512 540 000	481 884 000
Total Current Debt	296 173 000	215 602 000	224 071 000	149 186 000
Total Equity and Debt	1 347 142 000	1 137 707 000	1 069 685 000	917 612 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	259 419 000	272 612 000	258 684 000	243 824 000
Other Income	10 348 000	14 322 000	11 618 000	9 178 000
Revenue	269 767 000	286 934 000	270 301 000	253 002 000
Cost of Goods Sold	44 764 000	87 702 000	75 625 000	94 549 000
Salary Costs	41 030 000	41 891 000	37 065 000	33 253 000
Depreciation	43 108 000	41 853 000	37 527 000	31 038 000
Impairment	0	0	0	0
Expenditure	191 440 000	228 091 000	208 731 000	211 393 000
Operating Profit	78 328 000	58 843 000	61 570 000	41 609 000
Financial Income	275 000	488 000	108 000	445 000
Financial Costs	25 658 000	15 260 000	16 228 000	18 049 000
Financial Balance	−25 383 000	−14 772 000	−16 120 000	−17 604 000
Dividends	0	0	0	0
Net Income	41 202 000	34 375 000	35 390 000	18 660 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	2 620 000
Real Eastate	1 140 738 000	969 067 000	899 530 000	798 296 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	34 443 000	32 812 000	29 849 000	16 349 000
Total Tangible Assets	1 175 181 000	1 001 878 000	929 379 000	814 644 000
Total Fiancial Fixed Assets	50 743 000	43 783 000	35 651 000	36 344 000
Total Fixed Assets	1 225 924 000	1 045 661 000	965 030 000	853 609 000
Stock	15 877 000	11 196 000	9 955 000	9 027 000
Total Investments	0	0	0	0
Cash, Bank	4 000	0	6 498 000	0
Total Current Assets	121 218 000	92 046 000	104 655 000	64 003 000
Total Assets	1 347 142 000	1 137 707 000	1 069 685 000	917 612 000
Total Equity	372 856 000	347 449 000	333 075 000	286 542 000
Short-Term Group Debt	164 035 000	111 754 000	125 413 000	59 102 000
Total Long-Term Debt	678 113 000	574 655 000	512 540 000	481 884 000
Creditors	58 597 000	14 017 000	12 322 000	10 341 000
Unpaid Taxes	38 021 000	45 216 000	46 003 000	46 617 000
Dividends	0	0	0	0
Other Current Debt	35 739 000	44 637 000	40 333 000	33 212 000
Total Current Debt	296 173 000	215 602 000	224 071 000	149 186 000
Total Equity and Debt	1 347 142 000	1 137 707 000	1 069 685 000	917 612 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,05 %	9,89 %	10,63 %	6,51 %
Debt-to-Equity Ratio	1,82	1,65	1,54	1,68
Operating Profit Margin	29,04 %	20,51 %	22,78 %	16,45 %
Current Ratio	0,41	0,43	0,47	0,43
Quick Ratio	0,43	0,45	0,49	0,46
Equity Ratio	0,28	0,31	0,31	0,31
Gross Profit Margin	83,41 %	69,43 %	72,02 %	62,63 %