ELESCO TVEDESTRAND AS

4900 TVEDESTRAND

Finances

Return on Equity

7,03 %

Current Ratio

1,46

Debt-to-Equity Ratio

1,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 815 000	7 479 000	7 619 000	6 965 000
Net Income	37 000	52 000	186 000	101 000
Total Assets	2 173 000	1 819 000	1 478 000	1 384 000
Total Equity	526 000	489 000	437 000	251 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 815 000	7 479 000	7 619 000	6 965 000
Expenditure	8 786 000	7 444 000	7 395 000	6 871 000
Operating Profit	30 000	34 000	224 000	93 000
Financial Income	40 000	38 000	23 000	23 000
Financial Costs	32 000	15 000	12 000	16 000
Financial Balance	8 000	23 000	11 000	7 000
Earnings Before Tax	37 000	58 000	236 000	101 000
Tax	0	5 000	50 000	0
Net Income	37 000	52 000	186 000	101 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	678 000	577 000	153 000	178 000
Total Current Assets	1 495 000	1 242 000	1 325 000	1 206 000
Total Assets	2 173 000	1 819 000	1 478 000	1 384 000
Total Retained Equity	376 000	339 000	287 000	101 000
Total Equity	526 000	489 000	437 000	251 000
Total Long-Term Debt	620 000	482 000	105 000	246 000
Total Current Debt	1 027 000	848 000	937 000	888 000
Total Equity and Debt	2 173 000	1 819 000	1 478 000	1 384 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 815 000	7 479 000	7 627 000	6 990 000
Other Income	0	0	−8 000	−25 000
Revenue	8 815 000	7 479 000	7 619 000	6 965 000
Cost of Goods Sold	3 790 000	2 781 000	2 627 000	2 440 000
Salary Costs	3 541 000	3 213 000	3 286 000	3 148 000
Depreciation	175 000	98 000	39 000	34 000
Impairment	0	0	0	0
Expenditure	8 786 000	7 444 000	7 395 000	6 871 000
Operating Profit	30 000	34 000	224 000	93 000
Financial Income	40 000	38 000	23 000	23 000
Financial Costs	32 000	15 000	12 000	16 000
Financial Balance	8 000	23 000	11 000	7 000
Dividends	0	0	0	0
Net Income	37 000	52 000	186 000	101 000

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	634 000	532 000	112 000	150 000
Total Tangible Assets	634 000	532 000	112 000	150 000
Total Fiancial Fixed Assets	45 000	45 000	42 000	28 000
Total Fixed Assets	678 000	577 000	153 000	178 000
Stock	413 000	311 000	332 000	200 000
Total Investments	0	0	0	0
Cash, Bank	334 000	464 000	575 000	842 000
Total Current Assets	1 495 000	1 242 000	1 325 000	1 206 000
Total Assets	2 173 000	1 819 000	1 478 000	1 384 000
Total Equity	526 000	489 000	437 000	251 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	620 000	482 000	105 000	246 000
Creditors	162 000	106 000	119 000	129 000
Unpaid Taxes	430 000	310 000	367 000	363 000
Dividends	0	0	0	0
Other Current Debt	436 000	427 000	401 000	396 000
Total Current Debt	1 027 000	848 000	937 000	888 000
Total Equity and Debt	2 173 000	1 819 000	1 478 000	1 384 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,03 %	10,63 %	42,56 %	40,24 %
Debt-to-Equity Ratio	1,18	0,99	0,24	0,98
Operating Profit Margin	0,34 %	0,45 %	2,94 %	1,34 %
Current Ratio	1,46	1,46	1,41	1,36
Quick Ratio	2,43	2,31	2,19	1,75
Equity Ratio	0,24	0,27	0,3	0,18
Gross Profit Margin	57,01 %	62,82 %	65,52 %	64,97 %