ELVEVEIEN 36 AS

5542 KARMSUND

Finances

Share Ownership

Return on Equity

32,83 %

Current Ratio

4,13

Debt-to-Equity Ratio

2,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 156 000	3 963 000	3 714 000	4 092 000
Net Income	2 304 000	2 296 000	1 513 000	2 021 000
Total Assets	21 949 000	20 649 000	20 748 000	22 458 000
Total Equity	7 018 000	4 713 000	2 417 000	2 431 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 156 000	3 963 000	3 714 000	4 092 000
Expenditure	714 000	786 000	1 185 000	918 000
Operating Profit	3 442 000	3 176 000	2 528 000	3 174 000
Financial Income	0	0	0	1 000
Financial Costs	487 000	233 000	588 000	584 000
Financial Balance	−487 000	−233 000	−588 000	−583 000
Earnings Before Tax	2 955 000	2 943 000	1 940 000	2 591 000
Tax	650 000	648 000	427 000	570 000
Net Income	2 304 000	2 296 000	1 513 000	2 021 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 706 000	19 238 000	19 772 000	20 315 000
Total Current Assets	3 243 000	1 411 000	975 000	2 143 000
Total Assets	21 949 000	20 649 000	20 748 000	22 458 000
Total Retained Equity	6 988 000	4 683 000	2 387 000	2 401 000
Total Equity	7 018 000	4 713 000	2 417 000	2 431 000
Total Long-Term Debt	14 147 000	15 214 000	16 274 000	17 328 000
Total Current Debt	785 000	722 000	2 056 000	2 700 000
Total Equity and Debt	21 949 000	20 649 000	20 748 000	22 458 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 156 000	3 963 000	3 714 000	4 092 000
Revenue	4 156 000	3 963 000	3 714 000	4 092 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	532 000	534 000	543 000	543 000
Impairment	0	0	0	0
Expenditure	714 000	786 000	1 185 000	918 000
Operating Profit	3 442 000	3 176 000	2 528 000	3 174 000
Financial Income	0	0	0	1 000
Financial Costs	487 000	233 000	588 000	584 000
Financial Balance	−487 000	−233 000	−588 000	−583 000
Dividends	0	0	0	0
Net Income	2 304 000	2 296 000	1 513 000	2 021 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 674 000	19 173 000	19 671 000	20 170 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	32 000	65 000	101 000	146 000
Total Tangible Assets	18 706 000	19 238 000	19 772 000	20 315 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 706 000	19 238 000	19 772 000	20 315 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 156 000	1 393 000	308 000	2 123 000
Total Current Assets	3 243 000	1 411 000	975 000	2 143 000
Total Assets	21 949 000	20 649 000	20 748 000	22 458 000
Total Equity	7 018 000	4 713 000	2 417 000	2 431 000
Short-Term Group Debt	0	0	1 957 000	2 578 000
Total Long-Term Debt	14 147 000	15 214 000	16 274 000	17 328 000
Creditors	0	0	0	21 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	117 000	64 000	99 000	101 000
Total Current Debt	785 000	722 000	2 056 000	2 700 000
Total Equity and Debt	21 949 000	20 649 000	20 748 000	22 458 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,83 %	48,72 %	62,6 %	83,13 %
Debt-to-Equity Ratio	2,02	3,23	6,73	7,13
Operating Profit Margin	82,82 %	80,14 %	68,07 %	77,57 %
Current Ratio	4,13	1,95	0,47	0,79
Quick Ratio	4,13	1,95	0,47	0,79
Equity Ratio	0,32	0,23	0,12	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %