ELKOTEK IDV AS

9107 KVALØYA

Finances

Share Ownership

Return on Equity

73,38 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	53 940 000	48 596 000	41 067 000	39 703 000
Net Income	4 278 000	3 574 000	2 607 000	3 072 000
Total Assets	22 810 000	21 775 000	14 595 000	12 690 000
Total Equity	5 830 000	4 672 000	4 218 000	3 171 000

Income (NOK)	2022	2021	2020	2019
Revenue	53 940 000	48 596 000	41 067 000	39 703 000
Expenditure	48 503 000	44 025 000	37 730 000	35 776 000
Operating Profit	5 436 000	4 570 000	3 337 000	3 927 000
Financial Income	50 000	16 000	13 000	19 000
Financial Costs	1 000	3 000	4 000	5 000
Financial Balance	49 000	13 000	9 000	14 000
Earnings Before Tax	5 485 000	4 582 000	3 346 000	3 941 000
Tax	1 207 000	1 008 000	738 000	869 000
Net Income	4 278 000	3 574 000	2 607 000	3 072 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 592 000	2 368 000	1 619 000	496 000
Total Current Assets	18 218 000	19 407 000	12 976 000	12 195 000
Total Assets	22 810 000	21 775 000	14 595 000	12 690 000
Total Retained Equity	5 729 000	4 570 000	4 116 000	3 069 000
Total Equity	5 830 000	4 672 000	4 218 000	3 171 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	16 980 000	17 103 000	10 377 000	9 520 000
Total Equity and Debt	22 810 000	21 775 000	14 595 000	12 690 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	53 940 000	48 567 000	41 067 000	39 703 000
Other Income	0	28 000	0	0
Revenue	53 940 000	48 596 000	41 067 000	39 703 000
Cost of Goods Sold	37 048 000	34 153 000	28 633 000	27 741 000
Salary Costs	9 156 000	7 166 000	6 504 000	4 508 000
Depreciation	174 000	16 000	47 000	107 000
Impairment	0	0	0	0
Expenditure	48 503 000	44 025 000	37 730 000	35 776 000
Operating Profit	5 436 000	4 570 000	3 337 000	3 927 000
Financial Income	50 000	16 000	13 000	19 000
Financial Costs	1 000	3 000	4 000	5 000
Financial Balance	49 000	13 000	9 000	14 000
Dividends	0	0	0	0
Net Income	4 278 000	3 574 000	2 607 000	3 072 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	721 000	458 000	73 000	91 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	22 000	15 000	219 000	73 000
Total Tangible Assets	22 000	15 000	219 000	73 000
Total Fiancial Fixed Assets	3 850 000	1 895 000	1 326 000	332 000
Total Fixed Assets	4 592 000	2 368 000	1 619 000	496 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 725 000	15 247 000	8 972 000	8 465 000
Total Current Assets	18 218 000	19 407 000	12 976 000	12 195 000
Total Assets	22 810 000	21 775 000	14 595 000	12 690 000
Total Equity	5 830 000	4 672 000	4 218 000	3 171 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 806 000	7 777 000	5 681 000	6 134 000
Unpaid Taxes	921 000	1 139 000	742 000	333 000
Dividends	0	0	0	0
Other Current Debt	7 130 000	7 675 000	3 673 000	2 586 000
Total Current Debt	16 980 000	17 103 000	10 377 000	9 520 000
Total Equity and Debt	22 810 000	21 775 000	14 595 000	12 690 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,38 %	76,5 %	61,81 %	96,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,08 %	9,4 %	8,13 %	9,89 %
Current Ratio	1,07	1,13	1,25	1,28
Quick Ratio	1,07	1,13	1,25	1,28
Equity Ratio	0,26	0,21	0,29	0,25
Gross Profit Margin	31,32 %	29,72 %	30,28 %	30,13 %