ELEMENT LOGIC AS

2040 KLØFTA

Finances

Return on Equity

382,77 %

Current Ratio

0,82

Debt-to-Equity Ratio

10,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	672 376 000	2 341 310 000	1 149 215 000	795 609 000
Net Income	428 168 000	133 633 000	127 277 000	60 328 000
Total Assets	2 427 957 000	2 222 683 000	655 595 000	385 340 000
Total Equity	111 860 000	269 952 000	267 482 000	166 172 000

Income (NOK)	2022	2021	2020	2019
Revenue	672 376 000	2 341 310 000	1 149 215 000	795 609 000
Expenditure	492 176 000	2 082 644 000	989 249 000	725 735 000
Operating Profit	180 201 000	258 666 000	159 965 000	69 874 000
Financial Income	324 882 000	54 142 000	26 476 000	15 046 000
Financial Costs	17 411 000	115 557 000	23 580 000	8 124 000
Financial Balance	307 471 000	−61 415 000	2 896 000	6 922 000
Earnings Before Tax	487 672 000	197 251 000	162 861 000	76 795 000
Tax	59 504 000	63 618 000	35 585 000	16 468 000
Net Income	428 168 000	133 633 000	127 277 000	60 328 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 471 014 000	1 105 857 000	32 515 000	32 161 000
Total Current Assets	956 943 000	1 116 826 000	623 080 000	353 179 000
Total Assets	2 427 957 000	2 222 683 000	655 595 000	385 340 000
Total Retained Equity	26 545 000	266 239 000	263 769 000	163 281 000
Total Equity	111 860 000	269 952 000	267 482 000	166 172 000
Total Long-Term Debt	1 153 147 000	1 058 772 000	12 277 000	8 913 000
Total Current Debt	1 162 950 000	893 960 000	375 836 000	210 256 000
Total Equity and Debt	2 427 957 000	2 222 683 000	655 595 000	385 340 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	548 777 000	2 340 482 000	1 148 128 000	794 717 000
Other Income	123 599 000	828 000	1 086 000	892 000
Revenue	672 376 000	2 341 310 000	1 149 215 000	795 609 000
Cost of Goods Sold	219 573 000	1 621 742 000	742 199 000	552 200 000
Salary Costs	133 006 000	245 357 000	175 016 000	112 060 000
Depreciation	6 332 000	8 572 000	9 333 000	7 559 000
Impairment	1 717 000	0	0	0
Expenditure	492 176 000	2 082 644 000	989 249 000	725 735 000
Operating Profit	180 201 000	258 666 000	159 965 000	69 874 000
Financial Income	324 882 000	54 142 000	26 476 000	15 046 000
Financial Costs	17 411 000	115 557 000	23 580 000	8 124 000
Financial Balance	307 471 000	−61 415 000	2 896 000	6 922 000
Dividends	410 000 000	0	30 000 000	2 000 000
Net Income	428 168 000	133 633 000	127 277 000	60 328 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	30 523 000	40 782 000	12 106 000	7 623 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 766 000	18 791 000	16 017 000	20 404 000
Total Tangible Assets	10 766 000	18 791 000	16 017 000	20 404 000
Total Fiancial Fixed Assets	1 429 725 000	1 046 284 000	4 392 000	4 134 000
Total Fixed Assets	1 471 014 000	1 105 857 000	32 515 000	32 161 000
Stock	8 902 000	15 756 000	14 065 000	12 134 000
Total Investments	0	0	44 949 000	45 010 000
Cash, Bank	248 527 000	468 871 000	330 178 000	133 242 000
Total Current Assets	956 943 000	1 116 826 000	623 080 000	353 179 000
Total Assets	2 427 957 000	2 222 683 000	655 595 000	385 340 000
Total Equity	111 860 000	269 952 000	267 482 000	166 172 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 153 147 000	1 058 772 000	12 277 000	8 913 000
Creditors	24 009 000	135 825 000	75 146 000	27 389 000
Unpaid Taxes	16 131 000	60 497 000	51 843 000	33 381 000
Dividends	410 000 000	0	30 000 000	2 000 000
Other Current Debt	787 965 000	664 042 000	211 116 000	141 096 000
Total Current Debt	1 162 950 000	893 960 000	375 836 000	210 256 000
Total Equity and Debt	2 427 957 000	2 222 683 000	655 595 000	385 340 000

Financial indicators	2022	2021	2020	2019
Return on Equity	382,77 %	49,5 %	47,58 %	36,3 %
Debt-to-Equity Ratio	10,31	3,92	0,05	0,05
Operating Profit Margin	26,8 %	11,05 %	13,92 %	8,78 %
Current Ratio	0,82	1,25	1,66	1,68
Quick Ratio	0,83	1,27	1,72	1,78
Equity Ratio	0,05	0,12	0,41	0,43
Gross Profit Margin	67,34 %	30,73 %	35,42 %	30,59 %