ELOTECH INVEST AS

2312 OTTESTAD

Finances

Return on Equity

−3,34 %

Current Ratio

3,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	560 000	584 000	484 000	440 000
Net Income	−72 000	−64 000	13 000	−150 000
Total Assets	2 292 000	2 362 000	2 391 000	2 394 000
Total Equity	2 154 000	2 227 000	2 291 000	2 278 000

Income (NOK)	2022	2021	2020	2019
Revenue	560 000	584 000	484 000	440 000
Expenditure	633 000	604 000	471 000	592 000
Operating Profit	−72 000	−20 000	13 000	−152 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	44 000	0	0
Financial Balance	0	−44 000	1 000	2 000
Earnings Before Tax	−72 000	−64 000	13 000	−150 000
Tax	0	0	0	0
Net Income	−72 000	−64 000	13 000	−150 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 809 000	1 533 000	1 577 000	1 577 000
Total Current Assets	483 000	829 000	814 000	817 000
Total Assets	2 292 000	2 362 000	2 391 000	2 394 000
Total Retained Equity	1 956 000	2 028 000	2 093 000	2 080 000
Total Equity	2 154 000	2 227 000	2 291 000	2 278 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	138 000	135 000	100 000	116 000
Total Equity and Debt	2 292 000	2 362 000	2 391 000	2 394 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	560 000	584 000	484 000	440 000
Other Income	0	0	0	0
Revenue	560 000	584 000	484 000	440 000
Cost of Goods Sold	0	0	0	0
Salary Costs	561 000	526 000	397 000	525 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	633 000	604 000	471 000	592 000
Operating Profit	−72 000	−20 000	13 000	−152 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	44 000	0	0
Financial Balance	0	−44 000	1 000	2 000
Dividends	0	0	0	0
Net Income	−72 000	−64 000	13 000	−150 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 809 000	1 533 000	1 577 000	1 577 000
Total Fixed Assets	1 809 000	1 533 000	1 577 000	1 577 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	294 000	659 000	670 000	680 000
Total Current Assets	483 000	829 000	814 000	817 000
Total Assets	2 292 000	2 362 000	2 391 000	2 394 000
Total Equity	2 154 000	2 227 000	2 291 000	2 278 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	22 000	27 000	2 000	9 000
Unpaid Taxes	60 000	52 000	56 000	51 000
Dividends	0	0	0	0
Other Current Debt	56 000	56 000	42 000	56 000
Total Current Debt	138 000	135 000	100 000	116 000
Total Equity and Debt	2 292 000	2 362 000	2 391 000	2 394 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,34 %	−2,87 %	0,57 %	−6,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−12,86 %	−3,42 %	2,69 %	−34,55 %
Current Ratio	3,5	6,14	8,14	7,04
Quick Ratio	3,5	6,14	8,14	7,04
Equity Ratio	0,94	0,94	0,96	0,95
Gross Profit Margin	100 %	100 %	100 %	100 %