ELLINGSEN REGNSKAPSSERVICE AS

6856 SOGNDAL

Finances

Return on Equity

17,56 %

Current Ratio

0,83

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 319 000	8 214 000	7 346 000	7 062 000
Net Income	695 000	450 000	454 000	381 000
Total Assets	6 672 000	5 706 000	5 642 000	4 871 000
Total Equity	3 957 000	3 462 000	3 012 000	2 757 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 319 000	8 214 000	7 346 000	7 062 000
Expenditure	7 475 000	7 605 000	6 727 000	6 499 000
Operating Profit	844 000	609 000	618 000	563 000
Financial Income	77 000	1 000	2 000	1 000
Financial Costs	30 000	31 000	37 000	69 000
Financial Balance	47 000	−30 000	−35 000	−68 000
Earnings Before Tax	891 000	579 000	583 000	494 000
Tax	196 000	128 000	129 000	114 000
Net Income	695 000	450 000	454 000	381 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 567 000	3 942 000	3 191 000	2 301 000
Total Current Assets	2 105 000	1 764 000	2 451 000	2 571 000
Total Assets	6 672 000	5 706 000	5 642 000	4 871 000
Total Retained Equity	3 857 000	3 362 000	2 912 000	2 657 000
Total Equity	3 957 000	3 462 000	3 012 000	2 757 000
Total Long-Term Debt	180 000	263 000	414 000	562 000
Total Current Debt	2 535 000	1 981 000	2 216 000	1 552 000
Total Equity and Debt	6 672 000	5 706 000	5 642 000	4 871 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 319 000	8 114 000	7 346 000	7 062 000
Other Income	0	100 000	0	0
Revenue	8 319 000	8 214 000	7 346 000	7 062 000
Cost of Goods Sold	1 058 000	653 000	467 000	231 000
Salary Costs	5 414 000	5 163 000	4 297 000	4 038 000
Depreciation	0	50 000	180 000	160 000
Impairment	0	0	0	0
Expenditure	7 475 000	7 605 000	6 727 000	6 499 000
Operating Profit	844 000	609 000	618 000	563 000
Financial Income	77 000	1 000	2 000	1 000
Financial Costs	30 000	31 000	37 000	69 000
Financial Balance	47 000	−30 000	−35 000	−68 000
Dividends	100 000	0	100 000	0
Net Income	695 000	450 000	454 000	381 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	48 000	103 000	114 000	122 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	176 000	248 000
Total Tangible Assets	0	0	176 000	248 000
Total Fiancial Fixed Assets	4 519 000	3 839 000	2 900 000	1 931 000
Total Fixed Assets	4 567 000	3 942 000	3 191 000	2 301 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	241 000	232 000	207 000	365 000
Total Current Assets	2 105 000	1 764 000	2 451 000	2 571 000
Total Assets	6 672 000	5 706 000	5 642 000	4 871 000
Total Equity	3 957 000	3 462 000	3 012 000	2 757 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	180 000	263 000	414 000	562 000
Creditors	208 000	129 000	97 000	65 000
Unpaid Taxes	777 000	761 000	787 000	646 000
Dividends	100 000	0	100 000	0
Other Current Debt	938 000	860 000	807 000	692 000
Total Current Debt	2 535 000	1 981 000	2 216 000	1 552 000
Total Equity and Debt	6 672 000	5 706 000	5 642 000	4 871 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,56 %	13 %	15,07 %	13,82 %
Debt-to-Equity Ratio	0,05	0,08	0,14	0,2
Operating Profit Margin	10,15 %	7,41 %	8,41 %	7,97 %
Current Ratio	0,83	0,89	1,11	1,66
Quick Ratio	0,83	0,89	1,11	1,66
Equity Ratio	0,59	0,61	0,53	0,57
Gross Profit Margin	87,28 %	92,05 %	93,64 %	96,73 %