ELVEBAKKEN RØR AS

9515 ALTA

Finances

Share Ownership

Return on Equity

14,41 %

Current Ratio

2,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 475 000	3 257 000	3 191 000	2 635 000
Net Income	284 000	221 000	304 000	114 000
Total Assets	3 003 000	2 797 000	2 445 000	2 044 000
Total Equity	1 971 000	1 685 000	1 464 000	1 160 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 475 000	3 257 000	3 191 000	2 635 000
Expenditure	3 113 000	2 971 000	2 802 000	2 488 000
Operating Profit	362 000	286 000	389 000	148 000
Financial Income	11 000	3 000	8 000	7 000
Financial Costs	7 000	6 000	7 000	8 000
Financial Balance	4 000	−3 000	1 000	−1 000
Earnings Before Tax	367 000	283 000	390 000	147 000
Tax	82 000	62 000	86 000	32 000
Net Income	284 000	221 000	304 000	114 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	48 000	145 000	210 000	45 000
Total Current Assets	2 955 000	2 651 000	2 235 000	2 000 000
Total Assets	3 003 000	2 797 000	2 445 000	2 044 000
Total Retained Equity	1 871 000	1 585 000	1 364 000	1 060 000
Total Equity	1 971 000	1 685 000	1 464 000	1 160 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 032 000	1 111 000	981 000	885 000
Total Equity and Debt	3 003 000	2 797 000	2 445 000	2 044 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 475 000	3 257 000	3 191 000	2 635 000
Other Income	0	0	0	0
Revenue	3 475 000	3 257 000	3 191 000	2 635 000
Cost of Goods Sold	1 651 000	1 488 000	1 390 000	1 230 000
Salary Costs	1 083 000	1 085 000	1 023 000	985 000
Depreciation	10 000	16 000	38 000	35 000
Impairment	0	0	0	0
Expenditure	3 113 000	2 971 000	2 802 000	2 488 000
Operating Profit	362 000	286 000	389 000	148 000
Financial Income	11 000	3 000	8 000	7 000
Financial Costs	7 000	6 000	7 000	8 000
Financial Balance	4 000	−3 000	1 000	−1 000
Dividends	0	0	0	0
Net Income	284 000	221 000	304 000	114 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	7 000	5 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	44 000	29 000	45 000	43 000
Total Tangible Assets	44 000	29 000	45 000	43 000
Total Fiancial Fixed Assets	0	110 000	160 000	0
Total Fixed Assets	48 000	145 000	210 000	45 000
Stock	50 000	40 000	35 000	56 000
Total Investments	0	0	0	0
Cash, Bank	466 000	1 342 000	1 016 000	848 000
Total Current Assets	2 955 000	2 651 000	2 235 000	2 000 000
Total Assets	3 003 000	2 797 000	2 445 000	2 044 000
Total Equity	1 971 000	1 685 000	1 464 000	1 160 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	138 000	118 000	105 000
Unpaid Taxes	579 000	524 000	385 000	343 000
Dividends	0	0	0	0
Other Current Debt	370 000	385 000	387 000	401 000
Total Current Debt	1 032 000	1 111 000	981 000	885 000
Total Equity and Debt	3 003 000	2 797 000	2 445 000	2 044 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,41 %	13,12 %	20,77 %	9,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,42 %	8,78 %	12,19 %	5,62 %
Current Ratio	2,86	2,39	2,28	2,26
Quick Ratio	3,01	2,48	2,36	2,41
Equity Ratio	0,66	0,6	0,6	0,57
Gross Profit Margin	52,49 %	54,31 %	56,44 %	53,32 %