ELVEVEIEN 4 AS

3263 LARVIK

Finances

Share Ownership

Return on Equity

39,89 %

Current Ratio

0,07

Debt-to-Equity Ratio

3,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 343 000	2 246 000	2 232 000	2 202 000
Net Income	1 046 000	889 000	856 000	814 000
Total Assets	13 650 000	13 842 000	14 150 000	14 870 000
Total Equity	2 622 000	3 262 000	3 170 000	3 055 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 343 000	2 246 000	2 232 000	2 202 000
Expenditure	511 000	543 000	550 000	547 000
Operating Profit	1 832 000	1 703 000	1 683 000	1 655 000
Financial Income	8 000	0	6 000	4 000
Financial Costs	500 000	563 000	591 000	615 000
Financial Balance	−492 000	−563 000	−585 000	−611 000
Earnings Before Tax	1 341 000	1 139 000	1 097 000	1 044 000
Tax	295 000	251 000	241 000	230 000
Net Income	1 046 000	889 000	856 000	814 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 510 000	13 800 000	14 127 000	14 432 000
Total Current Assets	140 000	42 000	23 000	438 000
Total Assets	13 650 000	13 842 000	14 150 000	14 870 000
Total Retained Equity	0	640 000	549 000	433 000
Total Equity	2 622 000	3 262 000	3 170 000	3 055 000
Total Long-Term Debt	8 935 000	9 415 000	9 890 000	10 796 000
Total Current Debt	2 093 000	1 164 000	1 090 000	1 020 000
Total Equity and Debt	13 650 000	13 842 000	14 150 000	14 870 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 343 000	2 246 000	2 232 000	2 202 000
Revenue	2 343 000	2 246 000	2 232 000	2 202 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	327 000	327 000	327 000	327 000
Impairment	0	0	0	0
Expenditure	511 000	543 000	550 000	547 000
Operating Profit	1 832 000	1 703 000	1 683 000	1 655 000
Financial Income	8 000	0	6 000	4 000
Financial Costs	500 000	563 000	591 000	615 000
Financial Balance	−492 000	−563 000	−585 000	−611 000
Dividends	710 000	0	0	0
Net Income	1 046 000	889 000	856 000	814 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 510 000	13 800 000	14 127 000	14 432 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	13 510 000	13 800 000	14 127 000	14 432 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 510 000	13 800 000	14 127 000	14 432 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	85 000	17 000	1 000	414 000
Total Current Assets	140 000	42 000	23 000	438 000
Total Assets	13 650 000	13 842 000	14 150 000	14 870 000
Total Equity	2 622 000	3 262 000	3 170 000	3 055 000
Short-Term Group Debt	1 251 000	1 022 000	950 000	864 000
Total Long-Term Debt	8 935 000	9 415 000	9 890 000	10 796 000
Creditors	132 000	143 000	140 000	155 000
Unpaid Taxes	0	0	0	0
Dividends	710 000	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	2 093 000	1 164 000	1 090 000	1 020 000
Total Equity and Debt	13 650 000	13 842 000	14 150 000	14 870 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,89 %	27,25 %	27 %	26,64 %
Debt-to-Equity Ratio	3,41	2,89	3,12	3,53
Operating Profit Margin	78,19 %	75,82 %	75,4 %	75,16 %
Current Ratio	0,07	0,04	0,02	0,43
Quick Ratio	0,07	0,04	0,02	0,43
Equity Ratio	0,19	0,24	0,22	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %