ELEMENT AS

1890 RAKKESTAD

Finances

Share Ownership

Return on Equity

−4,05 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−58 000	0	−64 000	1 440 000
Total Assets	2 157 000	2 960 000	2 966 000	2 950 000
Total Equity	1 432 000	1 490 000	1 490 000	1 554 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	23 000	32 000	33 000	−1 363 000
Operating Profit	−23 000	−32 000	−33 000	1 363 000
Financial Income	0	32 000	0	90 000
Financial Costs	35 000	0	44 000	0
Financial Balance	−35 000	32 000	−44 000	90 000
Earnings Before Tax	−58 000	0	−77 000	1 452 000
Tax	0	0	−13 000	13 000
Net Income	−58 000	0	−64 000	1 440 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 137 000	2 874 000	2 874 000	2 877 000
Total Current Assets	19 000	86 000	92 000	73 000
Total Assets	2 157 000	2 960 000	2 966 000	2 950 000
Total Retained Equity	287 000	346 000	345 000	409 000
Total Equity	1 432 000	1 490 000	1 490 000	1 554 000
Total Long-Term Debt	708 000	1 315 000	1 322 000	1 226 000
Total Current Debt	17 000	155 000	154 000	170 000
Total Equity and Debt	2 157 000	2 960 000	2 966 000	2 950 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	23 000	32 000	33 000	−1 363 000
Operating Profit	−23 000	−32 000	−33 000	1 363 000
Financial Income	0	32 000	0	90 000
Financial Costs	35 000	0	44 000	0
Financial Balance	−35 000	32 000	−44 000	90 000
Dividends	0	0	0	0
Net Income	−58 000	0	−64 000	1 440 000

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	2 137 000	2 874 000	2 874 000	2 877 000
Total Fixed Assets	2 137 000	2 874 000	2 874 000	2 877 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 000	25 000	18 000	11 000
Total Current Assets	19 000	86 000	92 000	73 000
Total Assets	2 157 000	2 960 000	2 966 000	2 950 000
Total Equity	1 432 000	1 490 000	1 490 000	1 554 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	708 000	1 315 000	1 322 000	1 226 000
Creditors	4 000	4 000	3 000	6 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	13 000	151 000	151 000	151 000
Total Current Debt	17 000	155 000	154 000	170 000
Total Equity and Debt	2 157 000	2 960 000	2 966 000	2 950 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,05 %	0 %	−4,3 %	92,66 %
Debt-to-Equity Ratio	0,49	0,88	0,89	0,79
Operating Profit Margin	-	-	-	-
Current Ratio	1,12	0,55	0,6	0,43
Quick Ratio	1,12	0,55	0,6	0,43
Equity Ratio	0,66	0,5	0,5	0,53
Gross Profit Margin	-	-	-	-