ELVEBAKKEN 1 AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

11,18 %

Current Ratio

1,96

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 522 000	2 400 000	2 400 000	2 400 000
Net Income	940 000	1 257 000	1 474 000	1 450 000
Total Assets	10 992 000	12 133 000	12 349 000	12 567 000
Total Equity	8 405 000	8 465 000	8 208 000	7 734 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 522 000	2 400 000	2 400 000	2 400 000
Expenditure	1 282 000	742 000	435 000	433 000
Operating Profit	1 240 000	1 659 000	1 965 000	1 968 000
Financial Income	0	0	1 000	1 000
Financial Costs	35 000	47 000	76 000	110 000
Financial Balance	−35 000	−47 000	−75 000	−109 000
Earnings Before Tax	1 206 000	1 612 000	1 890 000	1 859 000
Tax	265 000	355 000	416 000	409 000
Net Income	940 000	1 257 000	1 474 000	1 450 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 256 000	8 685 000	8 991 000	9 408 000
Total Current Assets	2 736 000	3 448 000	3 358 000	3 159 000
Total Assets	10 992 000	12 133 000	12 349 000	12 567 000
Total Retained Equity	6 405 000	6 465 000	6 208 000	5 734 000
Total Equity	8 405 000	8 465 000	8 208 000	7 734 000
Total Long-Term Debt	1 194 000	1 905 000	2 610 000	3 309 000
Total Current Debt	1 393 000	1 762 000	1 531 000	1 523 000
Total Equity and Debt	10 992 000	12 133 000	12 349 000	12 567 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 522 000	2 400 000	2 400 000	2 400 000
Revenue	2 522 000	2 400 000	2 400 000	2 400 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	429 000	425 000	417 000	417 000
Impairment	0	0	0	0
Expenditure	1 282 000	742 000	435 000	433 000
Operating Profit	1 240 000	1 659 000	1 965 000	1 968 000
Financial Income	0	0	1 000	1 000
Financial Costs	35 000	47 000	76 000	110 000
Financial Balance	−35 000	−47 000	−75 000	−109 000
Dividends	1 000 000	1 000 000	1 000 000	1 000 000
Net Income	940 000	1 257 000	1 474 000	1 450 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 158 000	8 574 000	8 991 000	9 408 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	98 000	110 000	0	0
Total Tangible Assets	8 256 000	8 685 000	8 991 000	9 408 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 256 000	8 685 000	8 991 000	9 408 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 736 000	3 448 000	3 358 000	3 159 000
Total Current Assets	2 736 000	3 448 000	3 358 000	3 159 000
Total Assets	10 992 000	12 133 000	12 349 000	12 567 000
Total Equity	8 405 000	8 465 000	8 208 000	7 734 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 194 000	1 905 000	2 610 000	3 309 000
Creditors	0	360 000	0	0
Unpaid Taxes	102 000	27 000	99 000	100 000
Dividends	1 000 000	1 000 000	1 000 000	1 000 000
Other Current Debt	1 002 000	1 003 000	1 005 000	9 000
Total Current Debt	1 393 000	1 762 000	1 531 000	1 523 000
Total Equity and Debt	10 992 000	12 133 000	12 349 000	12 567 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,18 %	14,85 %	17,96 %	18,75 %
Debt-to-Equity Ratio	0,14	0,23	0,32	0,43
Operating Profit Margin	49,17 %	69,13 %	81,88 %	82 %
Current Ratio	1,96	1,96	2,19	2,07
Quick Ratio	1,96	1,96	2,19	2,07
Equity Ratio	0,76	0,7	0,66	0,62
Gross Profit Margin	100 %	100 %	100 %	100 %