ELVEBAKKEN VEST BORETTSLAG

5305 FLORVÅG

Finances

Share Ownership

Return on Equity

−13,53 %

Current Ratio

4,73

Debt-to-Equity Ratio

1,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	288 000	314 000	288 000	288 000
Net Income	−90 000	−219 000	27 000	83 000
Total Assets	1 412 000	1 543 000	1 602 000	1 616 000
Total Equity	665 000	755 000	974 000	947 000

Income (NOK)	2022	2021	2020	2019
Revenue	288 000	314 000	288 000	288 000
Expenditure	349 000	524 000	234 000	177 000
Operating Profit	−61 000	−209 000	54 000	111 000
Financial Income	5 000	23 000	5 000	4 000
Financial Costs	35 000	33 000	32 000	32 000
Financial Balance	−30 000	−10 000	−27 000	−28 000
Earnings Before Tax	−90 000	−219 000	27 000	83 000
Tax	0	0	0	0
Net Income	−90 000	−219 000	27 000	83 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 218 000	1 218 000	1 218 000	1 218 000
Total Current Assets	194 000	324 000	384 000	398 000
Total Assets	1 412 000	1 543 000	1 602 000	1 616 000
Total Retained Equity	635 000	725 000	944 000	917 000
Total Equity	665 000	755 000	974 000	947 000
Total Long-Term Debt	706 000	758 000	597 000	640 000
Total Current Debt	41 000	30 000	31 000	29 000
Total Equity and Debt	1 412 000	1 543 000	1 602 000	1 616 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	26 000	0	0
Other Income	288 000	288 000	288 000	288 000
Revenue	288 000	314 000	288 000	288 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 000	5 000	5 000	5 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	349 000	524 000	234 000	177 000
Operating Profit	−61 000	−209 000	54 000	111 000
Financial Income	5 000	23 000	5 000	4 000
Financial Costs	35 000	33 000	32 000	32 000
Financial Balance	−30 000	−10 000	−27 000	−28 000
Dividends	0	0	0	0
Net Income	−90 000	−219 000	27 000	83 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 218 000	1 218 000	1 218 000	1 218 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 218 000	1 218 000	1 218 000	1 218 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 218 000	1 218 000	1 218 000	1 218 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	151 000	268 000	247 000	307 000
Total Current Assets	194 000	324 000	384 000	398 000
Total Assets	1 412 000	1 543 000	1 602 000	1 616 000
Total Equity	665 000	755 000	974 000	947 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	706 000	758 000	597 000	640 000
Creditors	40 000	29 000	30 000	28 000
Unpaid Taxes	1 000	1 000	1 000	1 000
Dividends	0	0	0	0
Other Current Debt	1 000	0	1 000	1 000
Total Current Debt	41 000	30 000	31 000	29 000
Total Equity and Debt	1 412 000	1 543 000	1 602 000	1 616 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,53 %	−29,01 %	2,77 %	8,76 %
Debt-to-Equity Ratio	1,06	1	0,61	0,68
Operating Profit Margin	−21,18 %	−66,56 %	18,75 %	38,54 %
Current Ratio	4,73	10,8	12,39	13,72
Quick Ratio	4,73	10,8	12,39	13,72
Equity Ratio	0,47	0,49	0,61	0,59
Gross Profit Margin	100 %	100 %	100 %	100 %