NEW ELEMENT AS

0950 OSLO

Finances

Share Ownership

Return on Equity

18,83 %

Current Ratio

1,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 873 000	4 180 000	3 194 000	3 213 000
Net Income	97 000	269 000	94 000	−14 000
Total Assets	973 000	967 000	2 028 000	1 018 000
Total Equity	515 000	418 000	150 000	55 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 873 000	4 180 000	3 194 000	3 213 000
Expenditure	3 744 000	3 832 000	3 055 000	3 201 000
Operating Profit	128 000	348 000	138 000	12 000
Financial Income	0	0	4 000	1 000
Financial Costs	3 000	1 000	19 000	29 000
Financial Balance	−3 000	−1 000	−15 000	−28 000
Earnings Before Tax	126 000	346 000	123 000	−16 000
Tax	29 000	78 000	29 000	−3 000
Net Income	97 000	269 000	94 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	144 000	180 000	548 000	510 000
Total Current Assets	830 000	787 000	1 480 000	508 000
Total Assets	973 000	967 000	2 028 000	1 018 000
Total Retained Equity	−155 000	−252 000	−520 000	−615 000
Total Equity	515 000	418 000	150 000	55 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	458 000	549 000	1 879 000	963 000
Total Equity and Debt	973 000	967 000	2 028 000	1 018 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 873 000	4 180 000	3 194 000	3 213 000
Other Income	0	0	0	0
Revenue	3 873 000	4 180 000	3 194 000	3 213 000
Cost of Goods Sold	1 133 000	1 117 000	718 000	872 000
Salary Costs	1 815 000	1 839 000	1 535 000	1 646 000
Depreciation	7 000	13 000	18 000	20 000
Impairment	0	0	0	0
Expenditure	3 744 000	3 832 000	3 055 000	3 201 000
Operating Profit	128 000	348 000	138 000	12 000
Financial Income	0	0	4 000	1 000
Financial Costs	3 000	1 000	19 000	29 000
Financial Balance	−3 000	−1 000	−15 000	−28 000
Dividends	0	0	0	0
Net Income	97 000	269 000	94 000	−14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	137 000	166 000	522 000	492 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 000	14 000	27 000	18 000
Total Tangible Assets	7 000	14 000	27 000	18 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	144 000	180 000	548 000	510 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	457 000	67 000	56 000	61 000
Total Current Assets	830 000	787 000	1 480 000	508 000
Total Assets	973 000	967 000	2 028 000	1 018 000
Total Equity	515 000	418 000	150 000	55 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	78 000	125 000	110 000	37 000
Unpaid Taxes	159 000	138 000	309 000	129 000
Dividends	0	0	0	0
Other Current Debt	221 000	149 000	835 000	149 000
Total Current Debt	458 000	549 000	1 879 000	963 000
Total Equity and Debt	973 000	967 000	2 028 000	1 018 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,83 %	64,35 %	62,67 %	−25,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,3 %	8,33 %	4,32 %	0,37 %
Current Ratio	1,81	1,43	0,79	0,53
Quick Ratio	1,81	1,43	0,79	0,53
Equity Ratio	0,53	0,43	0,07	0,05
Gross Profit Margin	70,75 %	73,28 %	77,52 %	72,86 %