ELOGIC AS

4021 STAVANGER

Finances

Return on Equity

24,4 %

Current Ratio

2,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 351 000	2 368 000	2 451 000	2 858 000
Net Income	612 000	821 000	861 000	1 038 000
Total Assets	3 091 000	2 929 000	2 755 000	2 579 000
Total Equity	2 508 000	1 897 000	1 526 000	1 265 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 351 000	2 368 000	2 451 000	2 858 000
Expenditure	1 435 000	1 338 000	1 348 000	1 518 000
Operating Profit	916 000	1 030 000	1 103 000	1 340 000
Financial Income	2 000	29 000	2 000	4 000
Financial Costs	102 000	0	1 000	1 000
Financial Balance	−100 000	29 000	1 000	3 000
Earnings Before Tax	816 000	1 059 000	1 104 000	1 343 000
Tax	205 000	238 000	243 000	305 000
Net Income	612 000	821 000	861 000	1 038 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 448 000	902 000	969 000	259 000
Total Current Assets	1 643 000	2 027 000	1 786 000	2 320 000
Total Assets	3 091 000	2 929 000	2 755 000	2 579 000
Total Retained Equity	2 476 000	1 864 000	1 494 000	1 233 000
Total Equity	2 508 000	1 897 000	1 526 000	1 265 000
Total Long-Term Debt	0	20 000	12 000	0
Total Current Debt	583 000	1 012 000	1 217 000	1 314 000
Total Equity and Debt	3 091 000	2 929 000	2 755 000	2 579 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 351 000	2 329 000	2 451 000	2 489 000
Other Income	0	39 000	0	369 000
Revenue	2 351 000	2 368 000	2 451 000	2 858 000
Cost of Goods Sold	0	0	1 000	1 000
Salary Costs	945 000	938 000	960 000	881 000
Depreciation	48 000	56 000	47 000	129 000
Impairment	0	0	0	0
Expenditure	1 435 000	1 338 000	1 348 000	1 518 000
Operating Profit	916 000	1 030 000	1 103 000	1 340 000
Financial Income	2 000	29 000	2 000	4 000
Financial Costs	102 000	0	1 000	1 000
Financial Balance	−100 000	29 000	1 000	3 000
Dividends	0	450 000	600 000	660 000
Net Income	612 000	821 000	861 000	1 038 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	23 000	0	0	6 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	257 000	305 000	397 000	94 000
Total Tangible Assets	257 000	305 000	397 000	94 000
Total Fiancial Fixed Assets	1 168 000	597 000	572 000	159 000
Total Fixed Assets	1 448 000	902 000	969 000	259 000
Stock	0	0	0	0
Total Investments	0	102 000	0	1 000
Cash, Bank	1 345 000	1 519 000	1 321 000	1 967 000
Total Current Assets	1 643 000	2 027 000	1 786 000	2 320 000
Total Assets	3 091 000	2 929 000	2 755 000	2 579 000
Total Equity	2 508 000	1 897 000	1 526 000	1 265 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	20 000	12 000	0
Creditors	13 000	50 000	40 000	71 000
Unpaid Taxes	173 000	169 000	229 000	176 000
Dividends	0	450 000	600 000	660 000
Other Current Debt	150 000	114 000	123 000	95 000
Total Current Debt	583 000	1 012 000	1 217 000	1 314 000
Total Equity and Debt	3 091 000	2 929 000	2 755 000	2 579 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,4 %	43,28 %	56,42 %	82,06 %
Debt-to-Equity Ratio	0	0,01	0,01	0
Operating Profit Margin	38,96 %	43,5 %	45 %	46,89 %
Current Ratio	2,82	2	1,47	1,77
Quick Ratio	2,82	2	1,47	1,77
Equity Ratio	0,81	0,65	0,55	0,49
Gross Profit Margin	100 %	100 %	99,96 %	99,97 %