ELEMENTET AS

1349 RYKKINN

Finances

Return on Equity

14,8 %

Current Ratio

3,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	349 000	13 000	15 000	118 000
Net Income	195 000	−32 000	−51 000	128 000
Total Assets	1 458 000	1 161 000	1 185 000	1 279 000
Total Equity	1 318 000	1 123 000	1 154 000	1 194 000

Income (NOK)	2022	2021	2020	2019
Revenue	349 000	13 000	15 000	118 000
Expenditure	124 000	46 000	69 000	43 000
Operating Profit	225 000	−33 000	−54 000	74 000
Financial Income	1 000	1 000	3 000	71 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	3 000	71 000
Earnings Before Tax	226 000	−32 000	−51 000	145 000
Tax	32 000	0	0	17 000
Net Income	195 000	−32 000	−51 000	128 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	949 000	874 000	733 000	695 000
Total Current Assets	509 000	287 000	452 000	585 000
Total Assets	1 458 000	1 161 000	1 185 000	1 279 000
Total Retained Equity	1 249 000	1 054 000	1 056 000	1 144 000
Total Equity	1 318 000	1 123 000	1 154 000	1 194 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	140 000	38 000	30 000	85 000
Total Equity and Debt	1 458 000	1 161 000	1 185 000	1 279 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	349 000	13 000	15 000	118 000
Other Income	0	0	0	0
Revenue	349 000	13 000	15 000	118 000
Cost of Goods Sold	1 000	0	0	0
Salary Costs	0	5 000	1 000	13 000
Depreciation	8 000	0	0	0
Impairment	0	0	0	0
Expenditure	124 000	46 000	69 000	43 000
Operating Profit	225 000	−33 000	−54 000	74 000
Financial Income	1 000	1 000	3 000	71 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	3 000	71 000
Dividends	0	0	0	0
Net Income	195 000	−32 000	−51 000	128 000

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	20 000	0	0	0
Total Tangible Assets	20 000	0	0	0
Total Fiancial Fixed Assets	929 000	874 000	733 000	695 000
Total Fixed Assets	949 000	874 000	733 000	695 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	483 000	261 000	426 000	559 000
Total Current Assets	509 000	287 000	452 000	585 000
Total Assets	1 458 000	1 161 000	1 185 000	1 279 000
Total Equity	1 318 000	1 123 000	1 154 000	1 194 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	86 000	26 000	24 000	63 000
Dividends	0	0	0	0
Other Current Debt	23 000	12 000	6 000	6 000
Total Current Debt	140 000	38 000	30 000	85 000
Total Equity and Debt	1 458 000	1 161 000	1 185 000	1 279 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,8 %	−2,85 %	−4,42 %	10,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	64,47 %	−253,85 %	−360 %	62,71 %
Current Ratio	3,64	7,55	15,07	6,88
Quick Ratio	3,64	7,55	15,07	6,88
Equity Ratio	0,9	0,97	0,97	0,93
Gross Profit Margin	99,71 %	100 %	100 %	100 %