ELKJØP VESTERÅLEN AS

8400 SORTLAND

Finances

Share Ownership

Return on Equity

6,1 %

Current Ratio

3,15

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	110 996 000	107 354 000	128 688 000	106 899 000
Net Income	1 077 000	−1 499 000	6 003 000	2 579 000
Total Assets	26 619 000	29 084 000	35 305 000	28 398 000
Total Equity	17 657 000	16 720 000	18 219 000	13 307 000

Income (NOK)	2022	2021	2020	2019
Revenue	110 996 000	107 354 000	128 688 000	106 899 000
Expenditure	109 522 000	109 160 000	120 750 000	103 299 000
Operating Profit	1 474 000	−1 806 000	7 937 000	3 600 000
Financial Income	4 000	0	7 000	12 000
Financial Costs	97 000	115 000	248 000	305 000
Financial Balance	−93 000	−115 000	−241 000	−293 000
Earnings Before Tax	1 380 000	−1 921 000	7 696 000	3 306 000
Tax	303 000	−423 000	1 692 000	728 000
Net Income	1 077 000	−1 499 000	6 003 000	2 579 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 826 000	3 298 000	3 830 000	4 700 000
Total Current Assets	23 793 000	25 786 000	31 475 000	23 697 000
Total Assets	26 619 000	29 084 000	35 305 000	28 398 000
Total Retained Equity	14 757 000	13 820 000	15 319 000	10 407 000
Total Equity	17 657 000	16 720 000	18 219 000	13 307 000
Total Long-Term Debt	1 407 000	2 407 000	3 407 000	4 407 000
Total Current Debt	7 554 000	9 956 000	13 679 000	10 683 000
Total Equity and Debt	26 619 000	29 084 000	35 305 000	28 398 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	110 874 000	107 354 000	124 968 000	103 226 000
Other Income	122 000	0	3 720 000	3 673 000
Revenue	110 996 000	107 354 000	128 688 000	106 899 000
Cost of Goods Sold	88 351 000	88 435 000	97 064 000	81 016 000
Salary Costs	11 196 000	11 030 000	14 321 000	13 118 000
Depreciation	1 361 000	1 445 000	1 352 000	1 469 000
Impairment	0	0	0	0
Expenditure	109 522 000	109 160 000	120 750 000	103 299 000
Operating Profit	1 474 000	−1 806 000	7 937 000	3 600 000
Financial Income	4 000	0	7 000	12 000
Financial Costs	97 000	115 000	248 000	305 000
Financial Balance	−93 000	−115 000	−241 000	−293 000
Dividends	0	0	0	0
Net Income	1 077 000	−1 499 000	6 003 000	2 579 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	429 000	692 000	270 000	173 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 397 000	2 605 000	3 560 000	4 527 000
Total Tangible Assets	2 397 000	2 605 000	3 560 000	4 527 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 826 000	3 298 000	3 830 000	4 700 000
Stock	15 728 000	16 696 000	13 138 000	13 349 000
Total Investments	0	0	0	0
Cash, Bank	5 705 000	6 719 000	11 503 000	5 455 000
Total Current Assets	23 793 000	25 786 000	31 475 000	23 697 000
Total Assets	26 619 000	29 084 000	35 305 000	28 398 000
Total Equity	17 657 000	16 720 000	18 219 000	13 307 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 407 000	2 407 000	3 407 000	4 407 000
Creditors	229 000	2 710 000	5 202 000	3 773 000
Unpaid Taxes	1 885 000	1 586 000	2 530 000	1 827 000
Dividends	0	0	0	0
Other Current Debt	5 441 000	5 660 000	3 066 000	1 513 000
Total Current Debt	7 554 000	9 956 000	13 679 000	10 683 000
Total Equity and Debt	26 619 000	29 084 000	35 305 000	28 398 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,1 %	−8,97 %	32,95 %	19,38 %
Debt-to-Equity Ratio	0,08	0,14	0,19	0,33
Operating Profit Margin	1,33 %	−1,68 %	6,17 %	3,37 %
Current Ratio	3,15	2,59	2,3	2,22
Quick Ratio	−2,91	−3,83	58,18	−8,89
Equity Ratio	0,66	0,57	0,52	0,47
Gross Profit Margin	20,4 %	17,62 %	24,57 %	24,21 %