ELEMENTMONTASJE VEST AS

5563 FØRRESFJORDEN

Finances

Share Ownership

Return on Equity

568,62 %

Current Ratio

0,67

Debt-to-Equity Ratio

−7,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 872 000	63 567 000	55 390 000	68 215 000
Net Income	−6 124 000	1 489 000	−4 509 000	1 339 000
Total Assets	26 645 000	28 422 000	22 172 000	29 459 000
Total Equity	−1 077 000	5 047 000	3 558 000	8 066 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 872 000	63 567 000	55 390 000	68 215 000
Expenditure	58 202 000	61 574 000	60 140 000	66 056 000
Operating Profit	−5 331 000	1 994 000	−4 750 000	2 159 000
Financial Income	0	1 000	1 000	3 000
Financial Costs	793 000	505 000	417 000	490 000
Financial Balance	−793 000	−504 000	−416 000	−487 000
Earnings Before Tax	−6 124 000	1 489 000	−5 166 000	1 671 000
Tax	0	0	−657 000	332 000
Net Income	−6 124 000	1 489 000	−4 509 000	1 339 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 455 000	13 926 000	12 992 000	13 575 000
Total Current Assets	13 190 000	14 496 000	9 180 000	15 885 000
Total Assets	26 645 000	28 422 000	22 172 000	29 459 000
Total Retained Equity	−1 177 000	4 947 000	3 458 000	7 966 000
Total Equity	−1 077 000	5 047 000	3 558 000	8 066 000
Total Long-Term Debt	7 989 000	8 571 000	7 199 000	7 559 000
Total Current Debt	19 733 000	14 805 000	11 415 000	13 834 000
Total Equity and Debt	26 645 000	28 422 000	22 172 000	29 459 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	52 869 000	63 300 000	54 568 000	67 748 000
Other Income	3 000	267 000	822 000	467 000
Revenue	52 872 000	63 567 000	55 390 000	68 215 000
Cost of Goods Sold	29 186 000	27 539 000	18 178 000	24 351 000
Salary Costs	20 713 000	25 832 000	31 271 000	29 817 000
Depreciation	528 000	526 000	587 000	524 000
Impairment	0	0	0	0
Expenditure	58 202 000	61 574 000	60 140 000	66 056 000
Operating Profit	−5 331 000	1 994 000	−4 750 000	2 159 000
Financial Income	0	1 000	1 000	3 000
Financial Costs	793 000	505 000	417 000	490 000
Financial Balance	−793 000	−504 000	−416 000	−487 000
Dividends	0	0	0	0
Net Income	−6 124 000	1 489 000	−4 509 000	1 339 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 132 000	12 186 000	11 009 000	11 063 000
Machinery and Plant Facilities	60 000	39 000	50 000	97 000
Fixtures	1 100 000	1 462 000	1 727 000	2 164 000
Total Tangible Assets	13 292 000	13 687 000	12 786 000	13 324 000
Total Fiancial Fixed Assets	163 000	239 000	206 000	251 000
Total Fixed Assets	13 455 000	13 926 000	12 992 000	13 575 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	701 000	1 195 000	1 185 000	1 830 000
Total Current Assets	13 190 000	14 496 000	9 180 000	15 885 000
Total Assets	26 645 000	28 422 000	22 172 000	29 459 000
Total Equity	−1 077 000	5 047 000	3 558 000	8 066 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 989 000	8 571 000	7 199 000	7 559 000
Creditors	6 150 000	4 502 000	2 945 000	4 108 000
Unpaid Taxes	2 407 000	2 712 000	2 030 000	5 042 000
Dividends	0	0	0	0
Other Current Debt	6 144 000	4 100 000	2 831 000	2 781 000
Total Current Debt	19 733 000	14 805 000	11 415 000	13 834 000
Total Equity and Debt	26 645 000	28 422 000	22 172 000	29 459 000

Financial indicators	2022	2021	2020	2019
Return on Equity	568,62 %	29,5 %	−126,73 %	16,6 %
Debt-to-Equity Ratio	−7,42	1,7	2,02	0,94
Operating Profit Margin	−10,08 %	3,14 %	−8,58 %	3,16 %
Current Ratio	0,67	0,98	0,8	1,15
Quick Ratio	0,67	0,98	0,8	1,15
Equity Ratio	−0,04	0,18	0,16	0,27
Gross Profit Margin	44,8 %	56,68 %	67,18 %	64,3 %