ELVEMO MEKK AS

1930 AURSKOG

Finances

Return on Equity

67 %

Current Ratio

6,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 000	50 000	28 000	22 000
Net Income	1 198 000	177 000	15 000	155 000
Total Assets	1 805 000	6 508 000	591 000	807 000
Total Equity	1 788 000	1 740 000	413 000	398 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 000	50 000	28 000	22 000
Expenditure	23 000	80 000	0	0
Operating Profit	1 000	−31 000	28 000	22 000
Financial Income	1 201 000	220 000	0	150 000
Financial Costs	4 000	12 000	10 000	17 000
Financial Balance	1 197 000	208 000	−10 000	133 000
Earnings Before Tax	1 198 000	177 000	17 000	155 000
Tax	0	0	3 000	0
Net Income	1 198 000	177 000	15 000	155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 700 000	6 250 000	550 000	700 000
Total Current Assets	105 000	258 000	41 000	107 000
Total Assets	1 805 000	6 508 000	591 000	807 000
Total Retained Equity	1 758 000	560 000	383 000	368 000
Total Equity	1 788 000	1 740 000	413 000	398 000
Total Long-Term Debt	0	0	0	408 000
Total Current Debt	17 000	4 767 000	178 000	0
Total Equity and Debt	1 805 000	6 508 000	591 000	807 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 000	50 000	28 000	22 000
Other Income	0	0	0	0
Revenue	24 000	50 000	28 000	22 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	23 000	80 000	0	0
Operating Profit	1 000	−31 000	28 000	22 000
Financial Income	1 201 000	220 000	0	150 000
Financial Costs	4 000	12 000	10 000	17 000
Financial Balance	1 197 000	208 000	−10 000	133 000
Dividends	0	0	0	0
Net Income	1 198 000	177 000	15 000	155 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	1 700 000	6 250 000	550 000	700 000
Total Fixed Assets	1 700 000	6 250 000	550 000	700 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	105 000	95 000	41 000	107 000
Total Current Assets	105 000	258 000	41 000	107 000
Total Assets	1 805 000	6 508 000	591 000	807 000
Total Equity	1 788 000	1 740 000	413 000	398 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	408 000
Creditors	0	80 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	17 000	4 688 000	175 000	0
Total Current Debt	17 000	4 767 000	178 000	0
Total Equity and Debt	1 805 000	6 508 000	591 000	807 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67 %	10,17 %	3,63 %	38,94 %
Debt-to-Equity Ratio	0	0	0	1,03
Operating Profit Margin	4,17 %	−62 %	100 %	100 %
Current Ratio	6,18	0,05	0,23	-
Quick Ratio	6,18	0,05	0,23	-
Equity Ratio	0,99	0,27	0,7	0,49
Gross Profit Margin	100 %	100 %	100 %	100 %