ELITE ELECTRON AS

6416 MOLDE

Finances

Share Ownership

Return on Equity

88,89 %

Current Ratio

1,24

Debt-to-Equity Ratio

−2,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	1 000	85 000
Net Income	−24 000	−18 000	−30 000	−44 000
Total Assets	71 000	62 000	80 000	128 000
Total Equity	−27 000	−3 000	15 000	45 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	1 000	85 000
Expenditure	25 000	22 000	20 000	141 000
Operating Profit	−24 000	−22 000	−19 000	−56 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−24 000	−22 000	−19 000	−56 000
Tax	0	−4 000	11 000	−12 000
Net Income	−24 000	−18 000	−30 000	−44 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	0	0	15 000
Total Current Assets	41 000	62 000	80 000	113 000
Total Assets	71 000	62 000	80 000	128 000
Total Retained Equity	−127 000	−103 000	−85 000	−55 000
Total Equity	−27 000	−3 000	15 000	45 000
Total Long-Term Debt	65 000	65 000	65 000	65 000
Total Current Debt	33 000	0	0	18 000
Total Equity and Debt	71 000	62 000	80 000	128 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	1 000	85 000
Other Income	0	0	0	0
Revenue	0	0	1 000	85 000
Cost of Goods Sold	18 000	8 000	6 000	97 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	25 000	22 000	20 000	141 000
Operating Profit	−24 000	−22 000	−19 000	−56 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−24 000	−18 000	−30 000	−44 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	15 000
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	30 000	0	0	0
Total Fixed Assets	30 000	0	0	15 000
Stock	0	18 000	26 000	31 000
Total Investments	0	0	0	0
Cash, Bank	34 000	37 000	48 000	81 000
Total Current Assets	41 000	62 000	80 000	113 000
Total Assets	71 000	62 000	80 000	128 000
Total Equity	−27 000	−3 000	15 000	45 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	65 000	65 000	65 000	65 000
Creditors	30 000	0	0	0
Unpaid Taxes	3 000	0	0	18 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	33 000	0	0	18 000
Total Equity and Debt	71 000	62 000	80 000	128 000

Financial indicators	2022	2021	2020	2019
Return on Equity	88,89 %	600 %	−200 %	−97,78 %
Debt-to-Equity Ratio	−2,41	−21,67	4,33	1,44
Operating Profit Margin	-	-	−1 900 %	−65,88 %
Current Ratio	1,24	-	-	6,28
Quick Ratio	1,24	−3,44	−3,08	−8,69
Equity Ratio	−0,38	−0,05	0,19	0,35
Gross Profit Margin	-	-	−500 %	−14,12 %