ELVEGATA 2A AS

4611 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−4,16 %

Current Ratio

11,29

Debt-to-Equity Ratio

2,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 542 000	4 350 000	4 545 000	4 821 000
Net Income	−573 000	20 049 000	−4 623 000	4 391 000
Total Assets	52 947 000	91 268 000	66 079 000	75 175 000
Total Equity	13 763 000	44 256 000	26 025 000	32 347 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 542 000	4 350 000	4 545 000	4 821 000
Expenditure	4 761 000	−22 166 000	9 629 000	−1 720 000
Operating Profit	−1 219 000	26 517 000	−5 084 000	6 541 000
Financial Income	18 000	19 000	171 000	163 000
Financial Costs	1 328 000	833 000	1 013 000	1 074 000
Financial Balance	−1 310 000	−814 000	−842 000	−911 000
Earnings Before Tax	−2 529 000	25 703 000	−5 927 000	5 630 000
Tax	−1 956 000	5 655 000	−1 304 000	1 239 000
Net Income	−573 000	20 049 000	−4 623 000	4 391 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 585 000	80 733 000	58 397 000	70 643 000
Total Current Assets	46 363 000	10 535 000	7 682 000	4 532 000
Total Assets	52 947 000	91 268 000	66 079 000	75 175 000
Total Retained Equity	7 531 000	41 942 000	23 711 000	30 033 000
Total Equity	13 763 000	44 256 000	26 025 000	32 347 000
Total Long-Term Debt	35 078 000	42 314 000	36 040 000	39 209 000
Total Current Debt	4 106 000	4 698 000	4 014 000	3 620 000
Total Equity and Debt	52 947 000	91 268 000	66 079 000	75 175 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 542 000	4 350 000	4 545 000	4 821 000
Revenue	3 542 000	4 350 000	4 545 000	4 821 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	4 595 000	−22 336 000	9 223 000	−1 888 000
Expenditure	4 761 000	−22 166 000	9 629 000	−1 720 000
Operating Profit	−1 219 000	26 517 000	−5 084 000	6 541 000
Financial Income	18 000	19 000	171 000	163 000
Financial Costs	1 328 000	833 000	1 013 000	1 074 000
Financial Balance	−1 310 000	−814 000	−842 000	−911 000
Dividends	0	0	0	0
Net Income	−573 000	20 049 000	−4 623 000	4 391 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 585 000	80 733 000	58 397 000	67 620 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 585 000	80 733 000	58 397 000	67 620 000
Total Fiancial Fixed Assets	0	0	0	3 023 000
Total Fixed Assets	6 585 000	80 733 000	58 397 000	70 643 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	46 363 000	10 535 000	7 682 000	4 532 000
Total Assets	52 947 000	91 268 000	66 079 000	75 175 000
Total Equity	13 763 000	44 256 000	26 025 000	32 347 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	35 078 000	42 314 000	36 040 000	39 209 000
Creditors	111 000	673 000	206 000	179 000
Unpaid Taxes	0	0	8 000	6 000
Dividends	0	0	0	0
Other Current Debt	2 325 000	2 355 000	2 201 000	2 635 000
Total Current Debt	4 106 000	4 698 000	4 014 000	3 620 000
Total Equity and Debt	52 947 000	91 268 000	66 079 000	75 175 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,16 %	45,3 %	−17,76 %	13,57 %
Debt-to-Equity Ratio	2,55	0,96	1,38	1,21
Operating Profit Margin	−34,42 %	609,59 %	−111,86 %	135,68 %
Current Ratio	11,29	2,24	1,91	1,25
Quick Ratio	11,29	2,24	1,91	1,25
Equity Ratio	0,26	0,48	0,39	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %