ELTO FINANS AS

4016 STAVANGER

Finances

Return on Equity

9,08 %

Current Ratio

2,02

Debt-to-Equity Ratio

0,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	168 245 000	156 903 000	128 055 000	146 509 000
Net Income	7 156 000	12 264 000	4 765 000	8 297 000
Total Assets	189 224 000	181 892 000	161 129 000	163 463 000
Total Equity	78 850 000	75 319 000	70 320 000	69 775 000

Income (NOK)	2022	2021	2020	2019
Revenue	168 245 000	156 903 000	128 055 000	146 509 000
Expenditure	155 796 000	140 884 000	119 553 000	134 112 000
Operating Profit	12 449 000	16 020 000	8 502 000	12 398 000
Financial Income	80 000	1 774 000	208 000	119 000
Financial Costs	3 334 000	2 391 000	2 436 000	2 856 000
Financial Balance	−3 254 000	−617 000	−2 228 000	−2 737 000
Earnings Before Tax	9 195 000	15 403 000	6 274 000	9 661 000
Tax	2 039 000	3 140 000	1 508 000	1 364 000
Net Income	7 156 000	12 264 000	4 765 000	8 297 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	108 047 000	109 342 000	95 989 000	94 619 000
Total Current Assets	81 177 000	72 550 000	65 140 000	68 844 000
Total Assets	189 224 000	181 892 000	161 129 000	163 463 000
Total Retained Equity	73 371 000	67 840 000	69 633 000	69 089 000
Total Equity	78 850 000	75 319 000	70 320 000	69 775 000
Total Long-Term Debt	70 182 000	81 179 000	72 849 000	72 002 000
Total Current Debt	40 192 000	25 395 000	17 961 000	21 687 000
Total Equity and Debt	189 224 000	181 892 000	161 129 000	163 463 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	165 771 000	156 746 000	127 815 000	145 626 000
Other Income	2 474 000	157 000	240 000	883 000
Revenue	168 245 000	156 903 000	128 055 000	146 509 000
Cost of Goods Sold	75 663 000	68 684 000	45 573 000	52 419 000
Salary Costs	54 884 000	50 551 000	44 095 000	50 716 000
Depreciation	2 691 000	2 849 000	2 417 000	2 628 000
Impairment	0	0	0	0
Expenditure	155 796 000	140 884 000	119 553 000	134 112 000
Operating Profit	12 449 000	16 020 000	8 502 000	12 398 000
Financial Income	80 000	1 774 000	208 000	119 000
Financial Costs	3 334 000	2 391 000	2 436 000	2 856 000
Financial Balance	−3 254 000	−617 000	−2 228 000	−2 737 000
Dividends	0	0	0	0
Net Income	7 156 000	12 264 000	4 765 000	8 297 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	385 000	853 000
Total Intangible Assets	0	0	385 000	853 000
Real Eastate	104 385 000	106 161 000	89 518 000	88 223 000
Machinery and Plant Facilities	3 548 000	2 767 000	2 052 000	1 159 000
Fixtures	0	0	0	0
Total Tangible Assets	107 933 000	108 928 000	91 570 000	89 382 000
Total Fiancial Fixed Assets	114 000	414 000	4 034 000	4 384 000
Total Fixed Assets	108 047 000	109 342 000	95 989 000	94 619 000
Stock	15 372 000	11 249 000	9 101 000	7 562 000
Total Investments	0	0	0	0
Cash, Bank	22 865 000	31 775 000	32 320 000	33 668 000
Total Current Assets	81 177 000	72 550 000	65 140 000	68 844 000
Total Assets	189 224 000	181 892 000	161 129 000	163 463 000
Total Equity	78 850 000	75 319 000	70 320 000	69 775 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	70 182 000	81 179 000	72 849 000	72 002 000
Creditors	10 353 000	6 606 000	4 111 000	4 966 000
Unpaid Taxes	7 701 000	7 115 000	5 365 000	6 478 000
Dividends	0	0	0	0
Other Current Debt	17 153 000	8 696 000	5 820 000	7 953 000
Total Current Debt	40 192 000	25 395 000	17 961 000	21 687 000
Total Equity and Debt	189 224 000	181 892 000	161 129 000	163 463 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,08 %	16,28 %	6,78 %	11,89 %
Debt-to-Equity Ratio	0,89	1,08	1,04	1,03
Operating Profit Margin	7,4 %	10,21 %	6,64 %	8,46 %
Current Ratio	2,02	2,86	3,63	3,17
Quick Ratio	3,27	5,13	7,35	4,87
Equity Ratio	0,42	0,41	0,44	0,43
Gross Profit Margin	55,03 %	56,23 %	64,41 %	64,22 %