ELGEN FACTORY AS

9402 HARSTAD

Finances

Share Ownership

Return on Equity

70,05 %

Current Ratio

0,21

Debt-to-Equity Ratio

−0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 913 000	5 467 000	5 234 000	5 340 000
Net Income	−531 000	93 000	121 000	191 000
Total Assets	213 000	445 000	522 000	516 000
Total Equity	−758 000	−227 000	−320 000	−560 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 913 000	5 467 000	5 234 000	5 340 000
Expenditure	5 441 000	5 375 000	5 089 000	5 146 000
Operating Profit	−528 000	92 000	144 000	194 000
Financial Income	0	1 000	0	0
Financial Costs	4 000	0	24 000	4 000
Financial Balance	−4 000	1 000	−24 000	−4 000
Earnings Before Tax	−531 000	93 000	121 000	191 000
Tax	0	0	0	0
Net Income	−531 000	93 000	121 000	191 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	98 000	55 000	89 000
Total Current Assets	164 000	347 000	467 000	428 000
Total Assets	213 000	445 000	522 000	516 000
Total Retained Equity	−977 000	−447 000	−540 000	−660 000
Total Equity	−758 000	−227 000	−320 000	−560 000
Total Long-Term Debt	200 000	0	0	197 000
Total Current Debt	771 000	672 000	842 000	879 000
Total Equity and Debt	213 000	445 000	522 000	516 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	927 000	889 000	917 000	836 000
Other Income	3 986 000	4 579 000	4 316 000	4 504 000
Revenue	4 913 000	5 467 000	5 234 000	5 340 000
Cost of Goods Sold	158 000	183 000	146 000	195 000
Salary Costs	4 400 000	4 226 000	4 178 000	4 210 000
Depreciation	49 000	46 000	33 000	16 000
Impairment	0	0	0	0
Expenditure	5 441 000	5 375 000	5 089 000	5 146 000
Operating Profit	−528 000	92 000	144 000	194 000
Financial Income	0	1 000	0	0
Financial Costs	4 000	0	24 000	4 000
Financial Balance	−4 000	1 000	−24 000	−4 000
Dividends	0	0	0	0
Net Income	−531 000	93 000	121 000	191 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	19 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	37 000	80 000	55 000	89 000
Total Tangible Assets	37 000	80 000	55 000	89 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	50 000	98 000	55 000	89 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	147 000	190 000	264 000	229 000
Total Current Assets	164 000	347 000	467 000	428 000
Total Assets	213 000	445 000	522 000	516 000
Total Equity	−758 000	−227 000	−320 000	−560 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	200 000	0	0	197 000
Creditors	152 000	66 000	187 000	130 000
Unpaid Taxes	175 000	164 000	158 000	230 000
Dividends	0	0	0	0
Other Current Debt	444 000	442 000	497 000	519 000
Total Current Debt	771 000	672 000	842 000	879 000
Total Equity and Debt	213 000	445 000	522 000	516 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,05 %	−40,97 %	−37,81 %	−34,11 %
Debt-to-Equity Ratio	−0,26	−0	−0	−0,35
Operating Profit Margin	−10,75 %	1,68 %	2,75 %	3,63 %
Current Ratio	0,21	0,52	0,55	0,49
Quick Ratio	0,21	0,52	0,55	0,49
Equity Ratio	−3,56	−0,51	−0,61	−1,09
Gross Profit Margin	96,78 %	96,65 %	97,21 %	96,35 %