ELVENETT AS

3302 HOKKSUND

Finances

Share Ownership

Return on Equity

13,96 %

Current Ratio

0,73

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	114 289 000	88 152 000	79 713 000	84 013 000
Net Income	15 596 000	7 047 000	9 046 000	5 395 000
Total Assets	240 690 000	216 154 000	200 381 000	207 653 000
Total Equity	111 740 000	117 440 000	107 306 000	99 663 000

Income (NOK)	2022	2021	2020	2019
Revenue	114 289 000	88 152 000	79 713 000	84 013 000
Expenditure	100 840 000	84 507 000	74 283 000	81 752 000
Operating Profit	20 914 000	9 636 000	12 485 000	7 483 000
Financial Income	661 000	463 000	801 000	2 113 000
Financial Costs	1 533 000	1 051 000	1 636 000	2 617 000
Financial Balance	−872 000	−588 000	−835 000	−504 000
Earnings Before Tax	20 042 000	9 048 000	11 649 000	6 978 000
Tax	4 446 000	2 001 000	2 603 000	1 584 000
Net Income	15 596 000	7 047 000	9 046 000	5 395 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	178 153 000	174 872 000	173 012 000	171 075 000
Total Current Assets	62 537 000	41 281 000	27 369 000	36 577 000
Total Assets	240 690 000	216 154 000	200 381 000	207 653 000
Total Retained Equity	46 685 000	52 384 000	45 337 000	37 693 000
Total Equity	111 740 000	117 440 000	107 306 000	99 663 000
Total Long-Term Debt	43 501 000	47 952 000	48 298 000	51 077 000
Total Current Debt	85 449 000	50 762 000	44 776 000	56 912 000
Total Equity and Debt	240 690 000	216 154 000	200 381 000	207 653 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	108 917 000	82 700 000	72 742 000	75 751 000
Other Income	5 372 000	5 452 000	6 971 000	8 262 000
Revenue	114 289 000	88 152 000	79 713 000	84 013 000
Cost of Goods Sold	57 924 000	42 830 000	31 944 000	37 801 000
Salary Costs	18 672 000	17 772 000	14 893 000	17 029 000
Depreciation	10 477 000	10 093 000	10 018 000	10 237 000
Impairment	0	0	0	0
Expenditure	100 840 000	84 507 000	74 283 000	81 752 000
Operating Profit	20 914 000	9 636 000	12 485 000	7 483 000
Financial Income	661 000	463 000	801 000	2 113 000
Financial Costs	1 533 000	1 051 000	1 636 000	2 617 000
Financial Balance	−872 000	−588 000	−835 000	−504 000
Dividends	0	0	0	0
Net Income	15 596 000	7 047 000	9 046 000	5 395 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 177 000	3 385 000
Real Eastate	168 402 000	166 592 000	166 102 000	0
Machinery and Plant Facilities	0	0	0	162 609 000
Fixtures	2 362 000	2 250 000	2 263 000	3 109 000
Total Tangible Assets	170 764 000	168 842 000	168 365 000	165 718 000
Total Fiancial Fixed Assets	7 388 000	6 030 000	3 471 000	1 973 000
Total Fixed Assets	178 153 000	174 872 000	173 012 000	171 075 000
Stock	513 000	574 000	556 000	524 000
Total Investments	0	0	0	0
Cash, Bank	820 000	1 084 000	866 000	810 000
Total Current Assets	62 537 000	41 281 000	27 369 000	36 577 000
Total Assets	240 690 000	216 154 000	200 381 000	207 653 000
Total Equity	111 740 000	117 440 000	107 306 000	99 663 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	43 501 000	47 952 000	48 298 000	51 077 000
Creditors	2 810 000	9 061 000	4 166 000	4 902 000
Unpaid Taxes	12 872 000	11 803 000	12 054 000	14 573 000
Dividends	0	0	0	0
Other Current Debt	69 766 000	29 898 000	7 823 000	21 377 000
Total Current Debt	85 449 000	50 762 000	44 776 000	56 912 000
Total Equity and Debt	240 690 000	216 154 000	200 381 000	207 653 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,96 %	6 %	8,43 %	5,41 %
Debt-to-Equity Ratio	0,39	0,41	0,45	0,51
Operating Profit Margin	18,3 %	10,93 %	15,66 %	8,91 %
Current Ratio	0,73	0,81	0,61	0,64
Quick Ratio	0,74	0,82	0,62	0,65
Equity Ratio	0,46	0,54	0,54	0,48
Gross Profit Margin	49,32 %	51,41 %	59,93 %	55,01 %