$ELVG
Elvictor Group, Inc. Stock $elvg

$elvg Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000121390023039509 Filed on May 15, 2023

Income Statement

Concept	2023 Q2	2023 Q1	2022 Q1
Revenue	$601.4K	$632.3K	$593.2K
YoY Change	-3.33%	6.59%	6.64%
Cost Of Revenue	$108.0K	$110.0K	$131.7K
YoY Change	10.33%	-16.5%	-55.15%
Gross Profit	$475.5K	$503.3K	$461.5K
YoY Change	-5.37%	9.05%	75.73%
Gross Profit Margin	79.07%	79.6%	77.8%
Selling, General & Admin	$589.9K	$491.8K	$463.6K
YoY Change	19.81%	6.09%	91.01%
% of Gross Profit	124.06%	97.73%	100.45%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$13.27K	$2.553K	$6.220K
YoY Change	113.0%	-58.95%
% of Gross Profit	2.79%	0.51%	1.35%
Operating Expenses	$603.2K	$504.7K	$469.8K
YoY Change	20.97%	7.44%	93.58%
Operating Profit	-$127.7K	-$1.487K	-$8.300K
YoY Change	-3388.43%	-82.08%	-141.67%
Interest Expense	$1.390K	-$6.920K
YoY Change
% of Operating Profit
Other Income/Expense, Net	$1.391K	-$6.923K	$7.830K
YoY Change	-83.73%	-188.42%	14.64%
Pretax Income	-$126.3K	-$8.410K	-$470.00
YoY Change	-1115.9%	1689.36%	-101.76%
Income Tax			$0.00
% Of Pretax Income
Net Earnings	-$126.3K	-$8.410K	-$465.00
YoY Change	-1268.05%	1708.6%	-101.87%
Net Earnings / Revenue	-20.99%	-1.33%	-0.08%
Basic Earnings Per Share	$0.00	$0.00	$0.00
Diluted Earnings Per Share	$0.00	$0.00	-$1.14
COMMON SHARES
Basic Shares Outstanding	414.4M shares	414.4M shares	412.9M shares
Diluted Shares Outstanding	414.4M shares	414.4M shares	412.9M shares

Balance Sheet

Concept	2023 Q2	2023 Q1	2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$172.0K	$460.0K	$296.9K
YoY Change	-62.19%	54.97%	-27.14%
Cash & Equivalents	$172.0K	$460.0K	$296.9K
Short-Term Investments
Other Short-Term Assets			$61.13K
YoY Change
Inventory
Prepaid Expenses
Receivables	$441.4K	$575.3K	$518.3K
Other Receivables	$566.8K	$543.6K	$116.1K
Total Short-Term Assets	$1.180M	$1.579M	$992.4K
YoY Change	5.35%	59.09%	10.1%
LONG-TERM ASSETS
Property, Plant & Equipment	$18.82K	$20.69K	$22.33K
YoY Change	14.02%	-7.36%	-59.17%
Goodwill
YoY Change
Intangibles	$150.4K	$157.6K
YoY Change	-48.33%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$466.7K	$485.5K	$318.4K
YoY Change	47.36%	52.48%	482.15%
TOTAL ASSETS
Total Short-Term Assets	$1.180M	$1.579M	$992.4K
Total Long-Term Assets	$466.7K	$485.5K	$318.4K
Total Assets	$1.647M	$2.064M	$1.311M
YoY Change	14.61%	57.49%	37.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$26.62K	$16.55K	$191.8K
YoY Change	-12.1%	-91.37%	-19.12%
Accrued Expenses	$44.60K	$43.97K	$58.66K
YoY Change	14.42%	-25.04%	7.26%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$1.076M	$1.357M	$519.1K
YoY Change	69.46%	161.41%	10.1%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$252.9K	$263.2K	$9.710K
YoY Change	2661.03%	2610.4%
Total Long-Term Liabilities	$252.9K	$263.2K	$9.710K
YoY Change	2661.6%	2610.43%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.076M	$1.357M	$519.1K
Total Long-Term Liabilities	$252.9K	$263.2K	$9.710K
Total Liabilities	$1.329M	$1.620M	$528.8K
YoY Change	106.31%	206.38%	12.16%
SHAREHOLDERS EQUITY
Retained Earnings	-$44.77M	-$44.65M
YoY Change	0.86%
Common Stock	$41.45K	$41.45K
YoY Change	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$317.9K	$444.2K	$782.0K
YoY Change
Total Liabilities & Shareholders Equity	$1.647M	$2.064M	$1.311M
YoY Change	14.61%	57.49%	37.1%

Cashflow Statement

Concept	2023 Q2	2023 Q1	2022 Q1
OPERATING ACTIVITIES
Net Income	-$126.3K	-$8.410K	-$465.00
YoY Change	-1268.05%	1708.6%	-101.87%
Depreciation, Depletion And Amortization	$13.27K	$2.553K	$6.220K
YoY Change	113.0%	-58.95%
Cash From Operating Activities	-$283.9K	-$39.91K	$29.27K
YoY Change	-280.19%	-236.35%	-160.74%
INVESTING ACTIVITIES
Capital Expenditures	$4.130K	$4.028K	-$3.270K
YoY Change	-180.82%	-223.18%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$4.130K	-$4.028K	-$3.270K
YoY Change	-19.18%	23.18%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net			$0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities			-37.68K
YoY Change			-133.69%
NET CHANGE
Cash From Operating Activities	-283.9K	-$39.91K	29.27K
Cash From Investing Activities	-4.130K	-$4.028K	-3.270K
Cash From Financing Activities			-37.68K
Net Change In Cash	-288.1K	-$43.94K	-11.68K
YoY Change	-282.38%	276.17%
FREE CASH FLOW
Cash From Operating Activities	-$283.9K	-$39.91K	$29.27K
Capital Expenditures	$4.130K	$4.028K	-$3.270K
Free Cash Flow	-$288.1K	-$43.94K	$32.54K
YoY Change	-277.07%	-235.02%	-167.52%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	us-gaap	Issuance Of Stock And Warrants For Services Or Claims IssuanceOfStockAndWarrantsForServicesOrClaims		usd
CY2023Q1	us-gaap	Stock Issued1 StockIssued1		usd
CY2022Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability		usd
CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Entity File Number EntityFileNumber	333-225239
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	NV
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	82-3296328
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	Vassileos Constantinou 79
CY2023Q1	dei	Entity Address Address Line2 EntityAddressAddressLine2	Vari
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Attiki
CY2023Q1	dei	Entity Address Country EntityAddressCountry	GR
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	16672
CY2023Q1	dei	City Area Code CityAreaCode	(877)
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	374-4196
CY2023Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2023Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2023Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2023Q1	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
CY2023Q1	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	414448757	shares
CY2023Q1	us-gaap	Cash Cash	460044	usd
CY2022Q4	us-gaap	Cash Cash	503981	usd
CY2023Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	575259	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	330864	usd
CY2023Q1	us-gaap	Accounts And Other Receivables Net Current AccountsAndOtherReceivablesNetCurrent	19052	usd
CY2022Q4	us-gaap	Accounts And Other Receivables Net Current AccountsAndOtherReceivablesNetCurrent	7194	usd
CY2023Q1	elvg	Other Receivables Related Party OtherReceivablesRelatedParty	409300	usd
CY2022Q4	elvg	Other Receivables Related Party OtherReceivablesRelatedParty	369800	usd
CY2023Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	115225	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	58628	usd
CY2023Q1	us-gaap	Assets Current AssetsCurrent	1578880	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	1270467	usd
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	307147	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	21653	usd
CY2023Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	157644	usd
CY2022Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	168000	usd
CY2023Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	20686	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	19211	usd
CY2023Q1	us-gaap	Assets Noncurrent AssetsNoncurrent	485477	usd
CY2022Q4	us-gaap	Assets Noncurrent AssetsNoncurrent	208865	usd
CY2023Q1	us-gaap	Assets Assets	2064357	usd
CY2022Q4	us-gaap	Assets Assets	1479331	usd
CY2023Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	16552	usd
CY2022Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	34336	usd
CY2023Q1	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	226475	usd
CY2022Q4	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	310892	usd
CY2023Q1	elvg	Accounts Payable Trade Current Related Party AccountsPayableTradeCurrentRelatedParty	123182	usd
CY2022Q4	elvg	Accounts Payable Trade Current Related Party AccountsPayableTradeCurrentRelatedParty	56434	usd
CY2023Q1	us-gaap	Other Notes Payable OtherNotesPayable	776106	usd
CY2022Q4	us-gaap	Other Notes Payable OtherNotesPayable	485675	usd
CY2023Q1	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	43965	usd
CY2022Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	12262	usd
CY2023Q1	us-gaap	Taxes Payable Current TaxesPayableCurrent	130434	usd
CY2022Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	68759	usd
CY2023Q1	elvg	Due To Related Party Amount DueToRelatedPartyAmount	40279	usd
CY2022Q4	elvg	Due To Related Party Amount DueToRelatedPartyAmount	48991	usd
CY2023Q1	us-gaap	Liabilities Current LiabilitiesCurrent	1356994	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	1017349	usd
CY2023Q1	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	263183	usd
CY2022Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	9391	usd
CY2023Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	263183	usd
CY2022Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	9391	usd
CY2023Q1	us-gaap	Liabilities Liabilities	1620176	usd
CY2022Q4	us-gaap	Liabilities Liabilities	1026740	usd
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	700000000	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	700000000	shares
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	414448757	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	414448757	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	414448757	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	414448757	shares
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	41445	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	41445	usd
CY2023Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	45050884	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	45050884	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-44648148	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-44639738	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	444181	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	452591	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2064357	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1479331	usd
CY2023Q1	elvg	Gross Revenue GrossRevenue	512321	usd
CY2022Q1	elvg	Gross Revenue GrossRevenue	489368	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	119930	usd
CY2022Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	103804	usd
CY2023Q1	us-gaap	Revenues Revenues	632251	usd
CY2022Q1	us-gaap	Revenues Revenues	593172	usd
CY2023Q1	us-gaap	Cost Of Revenue CostOfRevenue	109956	usd
CY2022Q1	us-gaap	Cost Of Revenue CostOfRevenue	91737	usd
CY2023Q1	elvg	Cost Of Revenue Related Party CostOfRevenueRelatedParty	19040	usd
CY2022Q1	elvg	Cost Of Revenue Related Party CostOfRevenueRelatedParty	39940	usd
CY2023Q1	us-gaap	Gross Profit GrossProfit	503255	usd
CY2022Q1	us-gaap	Gross Profit GrossProfit	461495	usd
CY2023Q1	us-gaap	Professional Fees ProfessionalFees	54408	usd
CY2022Q1	us-gaap	Professional Fees ProfessionalFees	152320	usd
CY2022Q1	elvg	Professional Fees Related Party ProfessionalFeesRelatedParty	12450	usd
CY2023Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	362941	usd
CY2022Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	233155	usd
CY2023Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	14489	usd
CY2022Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	15154	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	12909	usd
CY2022Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	6214	usd
CY2023Q1	us-gaap	Other Selling General And Administrative Expense OtherSellingGeneralAndAdministrativeExpense	59995	usd
CY2022Q1	us-gaap	Other Selling General And Administrative Expense OtherSellingGeneralAndAdministrativeExpense	50498	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	504742	usd
CY2022Q1	us-gaap	Operating Expenses OperatingExpenses	469791	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-1487	usd
CY2022Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-8296	usd
CY2023Q1	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	-6923	usd
CY2022Q1	us-gaap	Other Income OtherIncome	7831	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-6923	usd
CY2022Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	7831	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-8410	usd
CY2022Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-465	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-8410	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-465	usd
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	414448757	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	412868757	shares
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-8410	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-465	usd
CY2023Q1	us-gaap	Depreciation Depreciation	2553	usd
CY2022Q1	us-gaap	Depreciation Depreciation	1266	usd
CY2023Q1	us-gaap	Adjustment For Amortization AdjustmentForAmortization	10356	usd
CY2022Q1	us-gaap	Adjustment For Amortization AdjustmentForAmortization	4948	usd
CY2022Q1	us-gaap	Issuance Of Stock And Warrants For Services Or Claims IssuanceOfStockAndWarrantsForServicesOrClaims	38700	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	244395	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	90825	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable Related Parties IncreaseDecreaseInAccountsReceivableRelatedParties	11858	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Receivable Related Parties IncreaseDecreaseInAccountsReceivableRelatedParties	-39975	usd
CY2023Q1	us-gaap	Increase Decrease In Notes Receivable Related Parties Current IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent	39500	usd
CY2022Q1	us-gaap	Increase Decrease In Notes Receivable Related Parties Current IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent	-65256	usd
CY2023Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	56596	usd
CY2023Q1	us-gaap	Increase Decrease In Other Accounts Payable IncreaseDecreaseInOtherAccountsPayable	-17784	usd
CY2022Q1	us-gaap	Increase Decrease In Other Accounts Payable IncreaseDecreaseInOtherAccountsPayable	-51216	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	-84417	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	11016	usd
CY2023Q1	elvg	Increase Decrease In Accounts Payable Trade Related Parties IncreaseDecreaseInAccountsPayableTradeRelatedParties	66748	usd
CY2022Q1	elvg	Increase Decrease In Accounts Payable Trade Related Parties IncreaseDecreaseInAccountsPayableTradeRelatedParties	-18786	usd
CY2023Q1	elvg	Increase Decrease Other Payables IncreaseDecreaseOtherPayables	290431	usd
CY2022Q1	elvg	Increase Decrease Other Payables IncreaseDecreaseOtherPayables	53920	usd
CY2023Q1	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	61675	usd
CY2022Q1	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-24515	usd
CY2023Q1	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	-8712	usd
CY2022Q1	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	-37680	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-39909	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-8406	usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	4028	usd
CY2022Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	3265	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4028	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-3265	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-43937	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-11671	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	503981	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	308526	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	460044	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	296855	usd
CY2022Q1	us-gaap	Stock Issued1 StockIssued1	210000	usd
CY2023Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	288317	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	452591	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-8410	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	444181	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	442749	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	38700	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	301000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-465	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	781984	usd
CY2023Q1	us-gaap	Nature Of Operations NatureOfOperations	<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: left"><b>NOTE 1 – DESCRIPTION OF BUSINESS</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: left"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Elvictor Group, Inc., formerly known as Thenablers, Inc. (“Elvictor Group, Inc.” or the “Company”), was incorporated in the State of Nevada on November 3, 2017. <span>With the change to the Elvictor name came the addition of the brand and a new team in crew management in the shipping industry. The new management team comes from Elvictor (the Greece-based private entity founded in 1977, which is the predecessor to the company whose business became a part of the business of Thenablers in 2019, the “Elvictor Greece”) that has been active across various value-adding activities of the shipping sector, such as ship management, technical management, crewing & crew management. The Company’s professional core of activities includes crew management, training and the creation of in-house software related to crew and ship matters, for the amelioration of all its operations, facilitating both its employees and those that depend on them. The Company aims to broaden its scope of activities, expanding on to new areas, while refining the existing ones. Placing prime importance on digitalization, the Company plans on the extensive use of Artificial Intelligence, through the application of Machine and Deep Learning, in concert with the integration of a wide array of cloud systems. The strategic growth of the Company on a horizontal and vertical manner throughout the shipping industry will be reinforced with technologically adept tools, containing know-how and experience. Working on a technologically oriented path, the Company is flexible and open to other avenues of international business for the successful and profitable diversification of its portfolio.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: left"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span>On December 13, 2019, the Company filed a Certificate of Amendment with the Nevada Secretary of State to change its name from “Thenablers, Inc.” to “Elvictor Group, Inc.” (the “Name Change”),</span> to better reflect its new business interests. On February 25,2020, FINRA approved the Name Change and the Company’s new stock symbol “ELVG”.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">As of July 10, 2020, the Company founded Elvictor Group Hellas Single Member S.A., a subsidiary in Vari, Greece, to assist the management in facilitating the Company’s operations. Additionally, the Company purchased Ultra Ship Management, a Marshall Islands company that is licensed to provide ship management services, and which established their own subsidiary in Vari, Greece.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In January 2022, the Company established its fully owned subsidiary, ELVG Crew Management Ltd, incorporated in Cyprus, to facilitate its crew management operations.</p>
CY2023Q1	us-gaap	Use Of Estimates UseOfEstimates	<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: left"><span style="text-decoration:underline">Use of Estimates</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: left"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: left">The preparation of unaudited condensed consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, revenue and expenses and disclosure of contingent assets and liabilities at the date the unaudited condensed consolidated financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: left"> </p>
CY2023Q1	us-gaap	Property Plant And Equipment Useful Life PropertyPlantAndEquipmentUsefulLife	P3Y
CY2023Q1	elvg	Intangible Assets IntangibleAssets	P5Y
CY2023Q1	us-gaap	Accounts Receivable Sale AccountsReceivableSale	575259	usd
CY2023Q1	us-gaap	Other Receivables OtherReceivables	19052	usd
CY2023Q1	elvg	Receivables Related Parties ReceivablesRelatedParties	409300	usd
CY2023Q1	us-gaap	Finite Lived Intangible Asset Useful Life FiniteLivedIntangibleAssetUsefulLife	P5Y
CY2023Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	210000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	210000	usd
CY2023Q1	us-gaap	Accumulated Amortization Of Other Deferred Costs AccumulatedAmortizationOfOtherDeferredCosts	52356	usd
CY2022Q4	us-gaap	Accumulated Amortization Of Other Deferred Costs AccumulatedAmortizationOfOtherDeferredCosts	42000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	157644	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	168000	usd
CY2021Q4	us-gaap	Incremental Common Shares Attributable To Conversion Of Preferred Stock IncrementalCommonSharesAttributableToConversionOfPreferredStock	7000000	shares
CY2021Q4	us-gaap	Common Unit Issuance Value CommonUnitIssuanceValue	210000	usd
CY2021Q4	us-gaap	Temporary Equity Par Or Stated Value Per Share TemporaryEquityParOrStatedValuePerShare	0.03
CY2022Q1	elvg	Equity Par Or Stated Value Per Share EquityParOrStatedValuePerShare	0.03
CY2023Q1	us-gaap	Servicing Asset At Amortized Value Period Increase Decrease ServicingAssetAtAmortizedValuePeriodIncreaseDecrease	210000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Asset Useful Life FiniteLivedIntangibleAssetUsefulLife	P5Y
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Two FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo	31644	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Three FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree	42000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Four FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour	42000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Five FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFive	42000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	157644	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	52356	usd
CY2022	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	42000	usd
CY2023Q1	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	0	usd
CY2023Q1	us-gaap	Related Party Tax Expense Due To Affiliates Current RelatedPartyTaxExpenseDueToAffiliatesCurrent	409300	usd
CY2020Q3	elvg	Lease Agreement Payment Description LeaseAgreementPaymentDescription	the Company entered into a rental lease agreement with the wife of Stavros Galanakis for its subsidiary, Elvictor Group Hellas Single Member S.A., in Vari, Greece. The term of the lease is from July 10, 2020, to December 31, 2021, with a fixed monthly rental payment. of 5,000€. Then on April 1, 2021, the rental lease agreement was modified with the new term beginning as of April 1, 2021, and ending on December 31, 2022, with a fixed monthly rental payment of 3,500€.
CY2021Q4	elvg	Term Of Lease Description TermOfLeaseDescription	The term of the lease is from October 1, 2021, to December 31, 2024, with a fixed monthly rental of 1,000€.
CY2023Q1	us-gaap	Lessee Finance Lease Renewal Term1 LesseeFinanceLeaseRenewalTerm1	P8Y
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	307148	usd
CY2023Q1	elvg	Corresponding Lese Liability CorrespondingLeseLiability	307148	usd
CY2023Q1	us-gaap	Operating Leases Future Minimum Payments Receivable In Two Years OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears	44033	usd
CY2023Q1	us-gaap	Operating Leases Future Minimum Payments Receivable In Three Years OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears	55449	usd
CY2023Q1	us-gaap	Operating Leases Future Minimum Payments Receivable In Four Years OperatingLeasesFutureMinimumPaymentsReceivableInFourYears	45664	usd
CY2023Q1	us-gaap	Operating Leases Future Minimum Payments Receivable In Five Years OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears	45664	usd
CY2023Q1	us-gaap	Operating Leases Future Minimum Payments Receivable Current OperatingLeasesFutureMinimumPaymentsReceivableCurrent	45664	usd
CY2023Q1	us-gaap	Operating Leases Future Minimum Payments Receivable Thereafter OperatingLeasesFutureMinimumPaymentsReceivableThereafter	136991	usd
CY2023Q1	us-gaap	Operating Leases Future Minimum Payments Receivable OperatingLeasesFutureMinimumPaymentsReceivable	373464	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	66316	usd
CY2023Q1	elvg	Operating Lease Liabilities OperatingLeaseLiabilities	307148	usd
CY2023Q1	us-gaap	Lease Incentive Receivable Current LeaseIncentiveReceivableCurrent	43965	usd
CY2023Q1	us-gaap	Lease Incentive Receivable Noncurrent LeaseIncentiveReceivableNoncurrent	263183	usd
CY2023Q1	us-gaap	Payments For Rent PaymentsForRent	14489	usd
CY2022Q1	us-gaap	Payments For Rent PaymentsForRent	15154	usd
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	700000000	shares
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2023Q1	us-gaap	Shares Issued SharesIssued	414448757	shares
CY2023Q1	us-gaap	Shares Outstanding SharesOutstanding	414448757	shares
CY2022Q1	us-gaap	Stock Issued During Period Shares Restricted Stock Award Gross StockIssuedDuringPeriodSharesRestrictedStockAwardGross	7000000	shares
CY2022Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	210000	usd
CY2022Q1	us-gaap	Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures	900000	shares
CY2022Q1	elvg	Shares Issued For Services SharesIssuedForServices	38700	usd
CY2022Q4	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	900000	usd
CY2023Q1	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	915000	usd
CY2023Q1	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	193061	usd
CY2022Q1	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	190664	usd
CY2023Q1	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	193061	usd
CY2022Q1	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	190664	usd
CY2023Q1	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	193061	usd
CY2022Q1	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	190664	usd
CY2023Q1	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	usd
CY2022Q1	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	usd
CY2023Q1	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	3670	usd
CY2022	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	30995	usd
CY2023Q1	elvg	Foreign Prior Year ForeignPriorYear	0	usd
CY2022	elvg	Foreign Prior Year ForeignPriorYear	10217	usd
CY2023Q1	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	3670	usd
CY2022	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	41212	usd
CY2023Q1	us-gaap	Other Tax Expense Benefit OtherTaxExpenseBenefit	3670	usd
CY2022	us-gaap	Other Tax Expense Benefit OtherTaxExpenseBenefit	41212	usd
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	Elvictor Group, Inc.
CY2023Q1	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet		usd
CY2022Q1	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet		usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
CY2022Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
CY2023Q1	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices		usd
CY2023Q1	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit		usd
CY2022	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit		usd
CY2023Q1	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit		usd
CY2022	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit		usd
CY2023Q1	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit		usd
CY2022	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit		usd
CY2023Q1	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit		usd
CY2022	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit		usd
CY2023Q1	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit		usd
CY2022	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit		usd
CY2023Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit		usd
CY2022	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit		usd
CY2023Q1	dei	Amendment Flag AmendmentFlag	false
CY2023Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001741489

Files In Submission

Name	View Source	Status
0001213900-23-039509-index-headers.html	Edgar Link	pending
0001213900-23-039509-index.html	Edgar Link	pending
0001213900-23-039509.txt	Edgar Link	pending
0001213900-23-039509-xbrl.zip	Edgar Link	pending
elvg-20230331.xsd	Edgar Link	pending
f10q0323ex31-1_elvictorgroup.htm	Edgar Link	pending
f10q0323ex32-1_elvictorgroup.htm	Edgar Link	pending
f10q0323_elvictorgroup.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
elvg-20230331_def.xml	Edgar Link	unprocessable
elvg-20230331_lab.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
f10q0323_elvictorgroup_htm.xml	Edgar Link	completed
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
elvg-20230331_cal.xml	Edgar Link	unprocessable
elvg-20230331_pre.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$ELVG
Elvictor Group, Inc. Stock $elvg

2023 Q2 Form 10-Q Financial Statement

#000121390023039509 Filed on May 15, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ELVG Elvictor Group, Inc. Stock $elvg

2023 Q2 Form 10-Q Financial Statement

#000121390023039509 Filed on May 15, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ELVG
Elvictor Group, Inc. Stock $elvg