ELVESTAD INVEST AS

1543 VESTBY

Finances

Share Ownership

Return on Equity

4,49 %

Current Ratio

38,62

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	315 000	1 049 000	2 287 000	2 267 000
Net Income	141 000	413 000	594 000	513 000
Total Assets	3 316 000	9 866 000	23 870 000	23 907 000
Total Equity	3 143 000	3 002 000	2 589 000	1 995 000

Income (NOK)	2022	2021	2020	2019
Revenue	315 000	1 049 000	2 287 000	2 267 000
Expenditure	135 000	355 000	899 000	887 000
Operating Profit	180 000	694 000	1 388 000	1 380 000
Financial Income	0	0	0	1 000
Financial Costs	0	164 000	627 000	723 000
Financial Balance	0	−164 000	−627 000	−722 000
Earnings Before Tax	180 000	530 000	761 000	658 000
Tax	40 000	117 000	167 000	145 000
Net Income	141 000	413 000	594 000	513 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 888 000	1 888 000	21 139 000	21 872 000
Total Current Assets	1 429 000	7 979 000	2 731 000	2 035 000
Total Assets	3 316 000	9 866 000	23 870 000	23 907 000
Total Retained Equity	2 729 000	2 588 000	2 175 000	1 581 000
Total Equity	3 143 000	3 002 000	2 589 000	1 995 000
Total Long-Term Debt	137 000	5 537 000	20 963 000	21 603 000
Total Current Debt	37 000	1 327 000	318 000	309 000
Total Equity and Debt	3 316 000	9 866 000	23 870 000	23 907 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	315 000	1 049 000	2 287 000	2 267 000
Revenue	315 000	1 049 000	2 287 000	2 267 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	733 000	733 000
Impairment	0	0	0	0
Expenditure	135 000	355 000	899 000	887 000
Operating Profit	180 000	694 000	1 388 000	1 380 000
Financial Income	0	0	0	1 000
Financial Costs	0	164 000	627 000	723 000
Financial Balance	0	−164 000	−627 000	−722 000
Dividends	0	0	0	0
Net Income	141 000	413 000	594 000	513 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 888 000	1 888 000	21 139 000	21 872 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 888 000	1 888 000	21 139 000	21 872 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 888 000	1 888 000	21 139 000	21 872 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 429 000	7 375 000	2 716 000	2 010 000
Total Current Assets	1 429 000	7 979 000	2 731 000	2 035 000
Total Assets	3 316 000	9 866 000	23 870 000	23 907 000
Total Equity	3 143 000	3 002 000	2 589 000	1 995 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	137 000	5 537 000	20 963 000	21 603 000
Creditors	0	1 327 000	6 000	12 000
Unpaid Taxes	0	0	84 000	80 000
Dividends	0	0	0	0
Other Current Debt	0	0	26 000	45 000
Total Current Debt	37 000	1 327 000	318 000	309 000
Total Equity and Debt	3 316 000	9 866 000	23 870 000	23 907 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,49 %	13,76 %	22,94 %	25,71 %
Debt-to-Equity Ratio	0,04	1,84	8,1	10,83
Operating Profit Margin	57,14 %	66,16 %	60,69 %	60,87 %
Current Ratio	38,62	6,01	8,59	6,59
Quick Ratio	38,62	6,01	8,59	6,59
Equity Ratio	0,95	0,3	0,11	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %