ELFVING ENTERPRISE AS

3300 HOKKSUND

Finances

Return on Equity

19,01 %

Current Ratio

2,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 990 000	2 093 000	2 080 000	1 884 000
Net Income	424 000	492 000	503 000	364 000
Total Assets	3 334 000	3 887 000	4 893 000	4 421 000
Total Equity	2 230 000	1 806 000	3 314 000	3 311 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 990 000	2 093 000	2 080 000	1 884 000
Expenditure	1 520 000	1 515 000	1 504 000	1 478 000
Operating Profit	470 000	578 000	576 000	407 000
Financial Income	70 000	50 000	64 000	56 000
Financial Costs	10 000	10 000	5 000	10 000
Financial Balance	60 000	40 000	59 000	46 000
Earnings Before Tax	530 000	618 000	636 000	453 000
Tax	105 000	126 000	133 000	89 000
Net Income	424 000	492 000	503 000	364 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	412 000	412 000	412 000	412 000
Total Current Assets	2 922 000	3 475 000	4 481 000	4 010 000
Total Assets	3 334 000	3 887 000	4 893 000	4 421 000
Total Retained Equity	2 130 000	1 706 000	3 214 000	3 211 000
Total Equity	2 230 000	1 806 000	3 314 000	3 311 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 104 000	2 081 000	1 579 000	1 110 000
Total Equity and Debt	3 334 000	3 887 000	4 893 000	4 421 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 990 000	2 093 000	2 080 000	1 884 000
Other Income	0	0	0	0
Revenue	1 990 000	2 093 000	2 080 000	1 884 000
Cost of Goods Sold	0	0	24 000	0
Salary Costs	1 239 000	1 236 000	1 187 000	1 161 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 520 000	1 515 000	1 504 000	1 478 000
Operating Profit	470 000	578 000	576 000	407 000
Financial Income	70 000	50 000	64 000	56 000
Financial Costs	10 000	10 000	5 000	10 000
Financial Balance	60 000	40 000	59 000	46 000
Dividends	0	1 000 000	500 000	250 000
Net Income	424 000	492 000	503 000	364 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	412 000	412 000	412 000	412 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	412 000	412 000	412 000	412 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	412 000	412 000	412 000	412 000
Stock	0	0	0	0
Total Investments	676 000	676 000	676 000	676 000
Cash, Bank	2 068 000	2 637 000	3 631 000	3 185 000
Total Current Assets	2 922 000	3 475 000	4 481 000	4 010 000
Total Assets	3 334 000	3 887 000	4 893 000	4 421 000
Total Equity	2 230 000	1 806 000	3 314 000	3 311 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	1 000	4 000	10 000
Unpaid Taxes	198 000	176 000	166 000	236 000
Dividends	0	1 000 000	500 000	250 000
Other Current Debt	799 000	778 000	775 000	525 000
Total Current Debt	1 104 000	2 081 000	1 579 000	1 110 000
Total Equity and Debt	3 334 000	3 887 000	4 893 000	4 421 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,01 %	27,24 %	15,18 %	10,99 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,62 %	27,62 %	27,69 %	21,6 %
Current Ratio	2,65	1,67	2,84	3,61
Quick Ratio	2,65	1,67	2,84	3,61
Equity Ratio	0,67	0,46	0,68	0,75
Gross Profit Margin	100 %	100 %	98,85 %	100 %