ELEMENT STUDIO AS

0283 OSLO

Finances

Share Ownership

Return on Equity

12,48 %

Current Ratio

4,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	57 472 000	50 709 000	49 017 000	36 641 000
Net Income	3 561 000	4 477 000	2 597 000	1 288 000
Total Assets	35 555 000	33 527 000	28 364 000	23 963 000
Total Equity	28 539 000	24 978 000	21 502 000	19 505 000

Income (NOK)	2022	2021	2020	2019
Revenue	57 472 000	50 709 000	49 017 000	36 641 000
Expenditure	52 930 000	45 025 000	45 682 000	35 023 000
Operating Profit	4 542 000	5 685 000	3 335 000	1 618 000
Financial Income	244 000	168 000	265 000	185 000
Financial Costs	219 000	108 000	271 000	143 000
Financial Balance	25 000	60 000	−6 000	42 000
Earnings Before Tax	4 567 000	5 745 000	3 329 000	1 660 000
Tax	1 007 000	1 269 000	733 000	371 000
Net Income	3 561 000	4 477 000	2 597 000	1 288 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 683 000	3 707 000	2 867 000	2 468 000
Total Current Assets	30 873 000	29 820 000	25 497 000	21 495 000
Total Assets	35 555 000	33 527 000	28 364 000	23 963 000
Total Retained Equity	27 911 000	24 350 000	20 874 000	18 877 000
Total Equity	28 539 000	24 978 000	21 502 000	19 505 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 016 000	8 549 000	6 862 000	4 458 000
Total Equity and Debt	35 555 000	33 527 000	28 364 000	23 963 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 151 000	49 450 000	48 011 000	35 929 000
Other Income	1 321 000	1 259 000	1 005 000	711 000
Revenue	57 472 000	50 709 000	49 017 000	36 641 000
Cost of Goods Sold	39 003 000	31 300 000	33 660 000	23 332 000
Salary Costs	4 168 000	4 097 000	3 519 000	3 106 000
Depreciation	669 000	796 000	656 000	522 000
Impairment	0	0	0	0
Expenditure	52 930 000	45 025 000	45 682 000	35 023 000
Operating Profit	4 542 000	5 685 000	3 335 000	1 618 000
Financial Income	244 000	168 000	265 000	185 000
Financial Costs	219 000	108 000	271 000	143 000
Financial Balance	25 000	60 000	−6 000	42 000
Dividends	0	1 000 000	600 000	600 000
Net Income	3 561 000	4 477 000	2 597 000	1 288 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	170 000	116 000	166 000	37 000
Real Eastate	1 652 000	1 672 000	111 000	132 000
Machinery and Plant Facilities	53 000	107 000	160 000	213 000
Fixtures	1 009 000	1 605 000	2 187 000	1 808 000
Total Tangible Assets	2 714 000	3 383 000	2 458 000	2 153 000
Total Fiancial Fixed Assets	1 798 000	208 000	243 000	278 000
Total Fixed Assets	4 683 000	3 707 000	2 867 000	2 468 000
Stock	5 019 000	4 720 000	5 066 000	5 167 000
Total Investments	0	0	0	0
Cash, Bank	20 788 000	21 305 000	16 970 000	14 071 000
Total Current Assets	30 873 000	29 820 000	25 497 000	21 495 000
Total Assets	35 555 000	33 527 000	28 364 000	23 963 000
Total Equity	28 539 000	24 978 000	21 502 000	19 505 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 567 000	2 217 000	2 487 000	1 849 000
Unpaid Taxes	2 088 000	1 705 000	1 694 000	1 293 000
Dividends	0	1 000 000	600 000	600 000
Other Current Debt	1 300 000	3 408 000	1 820 000	995 000
Total Current Debt	7 016 000	8 549 000	6 862 000	4 458 000
Total Equity and Debt	35 555 000	33 527 000	28 364 000	23 963 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,48 %	17,92 %	12,08 %	6,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,9 %	11,21 %	6,8 %	4,42 %
Current Ratio	4,4	3,49	3,72	4,82
Quick Ratio	15,46	7,79	14,2	−30,32
Equity Ratio	0,8	0,75	0,76	0,81
Gross Profit Margin	32,14 %	38,28 %	31,33 %	36,32 %