ELVEPROMENADEN BORETTSLAG

7300 ORKANGER

Finances

Share Ownership

Return on Equity

10,5 %

Current Ratio

1,58

Debt-to-Equity Ratio

2,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 795 000	2 688 000	2 670 000	2 567 000
Net Income	894 000	690 000	1 245 000	101 000
Total Assets	28 546 000	27 759 000	27 829 000	27 497 000
Total Equity	8 518 000	7 625 000	6 934 000	5 689 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 795 000	2 688 000	2 670 000	2 567 000
Expenditure	1 571 000	1 840 000	1 199 000	2 146 000
Operating Profit	1 224 000	848 000	1 471 000	420 000
Financial Income	10 000	11 000	0	1 000
Financial Costs	341 000	168 000	225 000	320 000
Financial Balance	−331 000	−157 000	−225 000	−319 000
Earnings Before Tax	894 000	690 000	1 245 000	101 000
Tax	0	0	0	0
Net Income	894 000	690 000	1 245 000	101 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 152 000	27 086 000	27 092 000	27 098 000
Total Current Assets	1 394 000	672 000	738 000	399 000
Total Assets	28 546 000	27 759 000	27 829 000	27 497 000
Total Retained Equity	8 516 000	7 622 000	6 932 000	5 686 000
Total Equity	8 518 000	7 625 000	6 934 000	5 689 000
Total Long-Term Debt	19 144 000	19 831 000	20 711 000	21 522 000
Total Current Debt	883 000	303 000	184 000	286 000
Total Equity and Debt	28 546 000	27 759 000	27 829 000	27 497 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	745 000	699 000	686 000	638 000
Other Income	2 051 000	1 989 000	1 984 000	1 929 000
Revenue	2 795 000	2 688 000	2 670 000	2 567 000
Cost of Goods Sold	0	0	0	0
Salary Costs	47 000	43 000	40 000	42 000
Depreciation	4 000	5 000	6 000	8 000
Impairment	0	0	0	0
Expenditure	1 571 000	1 840 000	1 199 000	2 146 000
Operating Profit	1 224 000	848 000	1 471 000	420 000
Financial Income	10 000	11 000	0	1 000
Financial Costs	341 000	168 000	225 000	320 000
Financial Balance	−331 000	−157 000	−225 000	−319 000
Dividends	0	0	0	0
Net Income	894 000	690 000	1 245 000	101 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	27 136 000	27 066 000	27 066 000	27 066 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	20 000	25 000	31 000
Total Tangible Assets	27 152 000	27 086 000	27 091 000	27 098 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 152 000	27 086 000	27 092 000	27 098 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 329 000	634 000	705 000	339 000
Total Current Assets	1 394 000	672 000	738 000	399 000
Total Assets	28 546 000	27 759 000	27 829 000	27 497 000
Total Equity	8 518 000	7 625 000	6 934 000	5 689 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 144 000	19 831 000	20 711 000	21 522 000
Creditors	234 000	96 000	57 000	77 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	650 000	207 000	127 000	209 000
Total Current Debt	883 000	303 000	184 000	286 000
Total Equity and Debt	28 546 000	27 759 000	27 829 000	27 497 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,5 %	9,05 %	17,96 %	1,78 %
Debt-to-Equity Ratio	2,25	2,6	2,99	3,78
Operating Profit Margin	43,79 %	31,55 %	55,09 %	16,36 %
Current Ratio	1,58	2,22	4,01	1,4
Quick Ratio	1,58	2,22	4,01	1,4
Equity Ratio	0,3	0,27	0,25	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %