ELEMENT BYGG AS

4623 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−2,69 %

Current Ratio

63,58

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 000	246 000	191 000	494 000
Net Income	−59 000	85 000	86 000	266 000
Total Assets	2 302 000	3 460 000	4 418 000	5 412 000
Total Equity	2 194 000	2 253 000	3 168 000	5 082 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 000	246 000	191 000	494 000
Expenditure	96 000	137 000	83 000	153 000
Operating Profit	−77 000	109 000	108 000	341 000
Financial Income	2 000	0	2 000	4 000
Financial Costs	0	0	0	4 000
Financial Balance	2 000	0	2 000	0
Earnings Before Tax	−75 000	109 000	110 000	341 000
Tax	−17 000	24 000	24 000	75 000
Net Income	−59 000	85 000	86 000	266 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	331 000	353 000	357 000	375 000
Total Current Assets	1 971 000	3 107 000	4 061 000	5 036 000
Total Assets	2 302 000	3 460 000	4 418 000	5 412 000
Total Retained Equity	2 091 000	2 149 000	3 064 000	4 979 000
Total Equity	2 194 000	2 253 000	3 168 000	5 082 000
Total Long-Term Debt	77 000	99 000	127 000	163 000
Total Current Debt	31 000	1 108 000	1 123 000	167 000
Total Equity and Debt	2 302 000	3 460 000	4 418 000	5 412 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	246 000	191 000	394 000
Other Income	19 000	0	0	100 000
Revenue	19 000	246 000	191 000	494 000
Cost of Goods Sold	0	58 000	5 000	51 000
Salary Costs	0	0	0	0
Depreciation	22 000	19 000	19 000	18 000
Impairment	0	0	0	0
Expenditure	96 000	137 000	83 000	153 000
Operating Profit	−77 000	109 000	108 000	341 000
Financial Income	2 000	0	2 000	4 000
Financial Costs	0	0	0	4 000
Financial Balance	2 000	0	2 000	0
Dividends	0	0	0	0
Net Income	−59 000	85 000	86 000	266 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	320 000	338 000	357 000	375 000
Machinery and Plant Facilities	11 000	14 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	331 000	353 000	357 000	375 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	331 000	353 000	357 000	375 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 939 000	3 060 000	3 978 000	5 036 000
Total Current Assets	1 971 000	3 107 000	4 061 000	5 036 000
Total Assets	2 302 000	3 460 000	4 418 000	5 412 000
Total Equity	2 194 000	2 253 000	3 168 000	5 082 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	77 000	99 000	127 000	163 000
Creditors	−8 000	0	5 000	3 000
Unpaid Taxes	0	22 000	19 000	33 000
Dividends	0	0	0	0
Other Current Debt	34 000	1 034 000	40 000	35 000
Total Current Debt	31 000	1 108 000	1 123 000	167 000
Total Equity and Debt	2 302 000	3 460 000	4 418 000	5 412 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,69 %	3,77 %	2,71 %	5,23 %
Debt-to-Equity Ratio	0,04	0,04	0,04	0,03
Operating Profit Margin	−405,26 %	44,31 %	56,54 %	69,03 %
Current Ratio	63,58	2,8	3,62	30,16
Quick Ratio	63,58	2,8	3,62	30,16
Equity Ratio	0,95	0,65	0,72	0,94
Gross Profit Margin	100 %	76,42 %	97,38 %	89,68 %