E M S ELEMENT MONTASJE STEINSKOG AS

3263 LARVIK

Finances

Share Ownership

Return on Equity

−18,99 %

Current Ratio

0,18

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 002 000	2 153 000	1 531 000	2 698 000
Net Income	166 000	−325 000	−148 000	501 000
Total Assets	197 000	212 000	345 000	340 000
Total Equity	−874 000	−1 056 000	−731 000	−665 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 002 000	2 153 000	1 531 000	2 698 000
Expenditure	3 836 000	2 475 000	1 666 000	2 184 000
Operating Profit	166 000	−322 000	−134 000	513 000
Financial Income	9 000	8 000	8 000	1 000
Financial Costs	9 000	11 000	21 000	13 000
Financial Balance	0	−3 000	−13 000	−12 000
Earnings Before Tax	166 000	−325 000	−148 000	501 000
Tax	0	0	0	0
Net Income	166 000	−325 000	−148 000	501 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	54 000	95 000
Total Current Assets	197 000	212 000	291 000	246 000
Total Assets	197 000	212 000	345 000	340 000
Total Retained Equity	−974 000	−1 156 000	−831 000	−765 000
Total Equity	−874 000	−1 056 000	−731 000	−665 000
Total Long-Term Debt	0	0	173 000	0
Total Current Debt	1 072 000	1 268 000	903 000	1 006 000
Total Equity and Debt	197 000	212 000	345 000	340 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 002 000	2 153 000	1 531 000	2 698 000
Other Income	0	0	0	0
Revenue	4 002 000	2 153 000	1 531 000	2 698 000
Cost of Goods Sold	3 034 000	1 376 000	973 000	1 570 000
Salary Costs	270 000	372 000	109 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 836 000	2 475 000	1 666 000	2 184 000
Operating Profit	166 000	−322 000	−134 000	513 000
Financial Income	9 000	8 000	8 000	1 000
Financial Costs	9 000	11 000	21 000	13 000
Financial Balance	0	−3 000	−13 000	−12 000
Dividends	0	0	0	0
Net Income	166 000	−325 000	−148 000	501 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	54 000	95 000
Total Fixed Assets	0	0	54 000	95 000
Stock	50 000	79 000	119 000	197 000
Total Investments	0	0	0	0
Cash, Bank	5 000	43 000	17 000	16 000
Total Current Assets	197 000	212 000	291 000	246 000
Total Assets	197 000	212 000	345 000	340 000
Total Equity	−874 000	−1 056 000	−731 000	−665 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	173 000	0
Creditors	836 000	490 000	535 000	658 000
Unpaid Taxes	134 000	337 000	172 000	104 000
Dividends	0	0	0	0
Other Current Debt	102 000	440 000	196 000	245 000
Total Current Debt	1 072 000	1 268 000	903 000	1 006 000
Total Equity and Debt	197 000	212 000	345 000	340 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,99 %	30,78 %	20,25 %	−75,34 %
Debt-to-Equity Ratio	−0	−0	−0,24	−0
Operating Profit Margin	4,15 %	−14,96 %	−8,75 %	19,01 %
Current Ratio	0,18	0,17	0,32	0,24
Quick Ratio	0,19	0,18	0,37	0,3
Equity Ratio	−4,44	−4,98	−2,12	−1,96
Gross Profit Margin	24,19 %	36,09 %	36,45 %	41,81 %