ELKUTT AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

41,67 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 000	0	127 000	294 000
Net Income	5 000	−6 000	−11 000	−35 000
Total Assets	812 000	34 000	31 000	90 000
Total Equity	12 000	6 000	12 000	23 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 000	0	127 000	294 000
Expenditure	1 000	8 000	140 000	339 000
Operating Profit	7 000	−8 000	−14 000	−45 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	7 000	−8 000	−14 000	−45 000
Tax	1 000	−2 000	−3 000	−10 000
Net Income	5 000	−6 000	−11 000	−35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	15 000	13 000	18 000
Total Current Assets	799 000	19 000	18 000	72 000
Total Assets	812 000	34 000	31 000	90 000
Total Retained Equity	−88 000	−94 000	−88 000	−77 000
Total Equity	12 000	6 000	12 000	23 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	800 000	28 000	18 000	67 000
Total Equity and Debt	812 000	34 000	31 000	90 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	127 000	294 000
Other Income	8 000	0	0	0
Revenue	8 000	0	127 000	294 000
Cost of Goods Sold	0	0	57 000	111 000
Salary Costs	0	0	33 000	152 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 000	8 000	140 000	339 000
Operating Profit	7 000	−8 000	−14 000	−45 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	5 000	−6 000	−11 000	−35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	15 000	13 000	10 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	8 000
Total Fixed Assets	13 000	15 000	13 000	18 000
Stock	393 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	405 000	16 000	16 000	40 000
Total Current Assets	799 000	19 000	18 000	72 000
Total Assets	812 000	34 000	31 000	90 000
Total Equity	12 000	6 000	12 000	23 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	9 000	0	19 000
Unpaid Taxes	0	3 000	3 000	35 000
Dividends	0	0	0	0
Other Current Debt	800 000	16 000	16 000	13 000
Total Current Debt	800 000	28 000	18 000	67 000
Total Equity and Debt	812 000	34 000	31 000	90 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,67 %	−100 %	−91,67 %	−152,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	87,5 %	-	−11,02 %	−15,31 %
Current Ratio	1	0,68	1	1,07
Quick Ratio	1,96	0,68	1	1,07
Equity Ratio	0,01	0,18	0,39	0,26
Gross Profit Margin	100 %	-	55,12 %	62,24 %