ELVEKONGEN AS

2150 ÅRNES

Finances

Share Ownership

Return on Equity

−9,35 %

Current Ratio

2,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 490 000	173 000	113 000	651 000
Net Income	−26 000	27 000	−20 000	121 000
Total Assets	416 000	1 193 000	278 000	305 000
Total Equity	278 000	304 000	277 000	297 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 490 000	173 000	113 000	651 000
Expenditure	1 525 000	139 000	139 000	495 000
Operating Profit	−34 000	33 000	−26 000	156 000
Financial Income	1 000	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	0	0
Earnings Before Tax	−33 000	35 000	−26 000	156 000
Tax	−7 000	8 000	−6 000	34 000
Net Income	−26 000	27 000	−20 000	121 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	77 000	80 000	99 000	104 000
Total Current Assets	339 000	1 112 000	179 000	201 000
Total Assets	416 000	1 193 000	278 000	305 000
Total Retained Equity	−135 000	−109 000	−136 000	−116 000
Total Equity	278 000	304 000	277 000	297 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	138 000	889 000	2 000	8 000
Total Equity and Debt	416 000	1 193 000	278 000	305 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	205 000	11 000	1 000	462 000
Other Income	1 285 000	162 000	112 000	189 000
Revenue	1 490 000	173 000	113 000	651 000
Cost of Goods Sold	42 000	0	0	84 000
Salary Costs	438 000	18 000	5 000	60 000
Depreciation	11 000	11 000	11 000	11 000
Impairment	0	0	0	0
Expenditure	1 525 000	139 000	139 000	495 000
Operating Profit	−34 000	33 000	−26 000	156 000
Financial Income	1 000	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	0	0
Dividends	0	0	0	0
Net Income	−26 000	27 000	−20 000	121 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	24 000	17 000	24 000	19 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	53 000	64 000	74 000	85 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	77 000	80 000	99 000	104 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	159 000	1 062 000	165 000	198 000
Total Current Assets	339 000	1 112 000	179 000	201 000
Total Assets	416 000	1 193 000	278 000	305 000
Total Equity	278 000	304 000	277 000	297 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−60 000	4 000	2 000	2 000
Unpaid Taxes	13 000	3 000	0	1 000
Dividends	0	0	0	0
Other Current Debt	186 000	883 000	0	5 000
Total Current Debt	138 000	889 000	2 000	8 000
Total Equity and Debt	416 000	1 193 000	278 000	305 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,35 %	8,88 %	−7,22 %	40,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,28 %	19,08 %	−23,01 %	23,96 %
Current Ratio	2,46	1,25	89,5	25,13
Quick Ratio	2,46	1,25	89,5	25,13
Equity Ratio	0,67	0,25	1	0,97
Gross Profit Margin	97,18 %	100 %	100 %	87,1 %