ELFI EDUCATION FOUNDATION STIFTELSE

3513 HØNEFOSS

Finances

Share Ownership

Return on Equity

6,85 %

Current Ratio

N/A

Debt-to-Equity Ratio

−2,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	143 000	9 000	14 000	649 000
Net Income	−190 000	−344 000	−261 000	148 000
Total Assets	2 879 000	3 056 000	3 305 000	3 536 000
Total Equity	−2 775 000	−2 585 000	−2 241 000	−1 981 000

Income (NOK)	2022	2021	2020	2019
Revenue	143 000	9 000	14 000	649 000
Expenditure	338 000	355 000	276 000	504 000
Operating Profit	−195 000	−346 000	−263 000	145 000
Financial Income	5 000	2 000	2 000	3 000
Financial Costs	0	0	0	0
Financial Balance	5 000	2 000	2 000	3 000
Earnings Before Tax	−190 000	−344 000	−261 000	148 000
Tax	0	0	0	0
Net Income	−190 000	−344 000	−261 000	148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 823 000	2 912 000	3 024 000	2 792 000
Total Current Assets	56 000	144 000	281 000	745 000
Total Assets	2 879 000	3 056 000	3 305 000	3 536 000
Total Retained Equity	−2 975 000	−2 785 000	−2 441 000	−2 181 000
Total Equity	−2 775 000	−2 585 000	−2 241 000	−1 981 000
Total Long-Term Debt	5 654 000	5 590 000	5 546 000	5 517 000
Total Current Debt	0	50 000	0	0
Total Equity and Debt	2 879 000	3 056 000	3 305 000	3 536 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	143 000	9 000	14 000	649 000
Revenue	143 000	9 000	14 000	649 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	89 000	112 000	118 000	74 000
Impairment	0	0	0	0
Expenditure	338 000	355 000	276 000	504 000
Operating Profit	−195 000	−346 000	−263 000	145 000
Financial Income	5 000	2 000	2 000	3 000
Financial Costs	0	0	0	0
Financial Balance	5 000	2 000	2 000	3 000
Dividends	0	0	0	0
Net Income	−190 000	−344 000	−261 000	148 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 822 000	2 906 000	2 991 000	2 777 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 000	6 000	33 000	15 000
Total Tangible Assets	2 823 000	2 912 000	3 024 000	2 792 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 823 000	2 912 000	3 024 000	2 792 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	54 000	141 000	260 000	723 000
Total Current Assets	56 000	144 000	281 000	745 000
Total Assets	2 879 000	3 056 000	3 305 000	3 536 000
Total Equity	−2 775 000	−2 585 000	−2 241 000	−1 981 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 654 000	5 590 000	5 546 000	5 517 000
Creditors	0	2 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	48 000	0	0
Total Current Debt	0	50 000	0	0
Total Equity and Debt	2 879 000	3 056 000	3 305 000	3 536 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,85 %	13,31 %	11,65 %	−7,47 %
Debt-to-Equity Ratio	−2,04	−2,16	−2,47	−2,78
Operating Profit Margin	−136,36 %	−3 844,44 %	−1 878,57 %	22,34 %
Current Ratio	-	2,88	-	-
Quick Ratio	-	2,88	-	-
Equity Ratio	−0,96	−0,85	−0,68	−0,56
Gross Profit Margin	100 %	100 %	100 %	100 %