TERMOTECH ERIKSEN AS

3961 STATHELLE

Finances

Share Ownership

Return on Equity

83,85 %

Current Ratio

0,37

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 422 000	1 548 000	909 000	4 482 000
Net Income	−135 000	−113 000	−685 000	1 235 000
Total Assets	122 000	345 000	347 000	1 968 000
Total Equity	−161 000	−25 000	88 000	772 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 422 000	1 548 000	909 000	4 482 000
Expenditure	1 557 000	1 658 000	1 591 000	2 899 000
Operating Profit	−135 000	−110 000	−681 000	1 584 000
Financial Income	0	0	2 000	2 000
Financial Costs	0	3 000	6 000	2 000
Financial Balance	0	−3 000	−4 000	0
Earnings Before Tax	−135 000	−113 000	−685 000	1 584 000
Tax	0	0	0	348 000
Net Income	−135 000	−113 000	−685 000	1 235 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	18 000	19 000	70 000
Total Current Assets	104 000	327 000	328 000	1 898 000
Total Assets	122 000	345 000	347 000	1 968 000
Total Retained Equity	−191 000	−55 000	58 000	742 000
Total Equity	−161 000	−25 000	88 000	772 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	283 000	370 000	260 000	1 195 000
Total Equity and Debt	122 000	345 000	347 000	1 968 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 422 000	1 548 000	909 000	4 482 000
Other Income	0	0	0	0
Revenue	1 422 000	1 548 000	909 000	4 482 000
Cost of Goods Sold	374 000	478 000	274 000	629 000
Salary Costs	888 000	928 000	1 027 000	1 964 000
Depreciation	1 000	1 000	13 000	17 000
Impairment	0	0	0	0
Expenditure	1 557 000	1 658 000	1 591 000	2 899 000
Operating Profit	−135 000	−110 000	−681 000	1 584 000
Financial Income	0	0	2 000	2 000
Financial Costs	0	3 000	6 000	2 000
Financial Balance	0	−3 000	−4 000	0
Dividends	0	0	0	500 000
Net Income	−135 000	−113 000	−685 000	1 235 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 000	18 000	19 000	20 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	50 000
Total Tangible Assets	18 000	18 000	19 000	70 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 000	18 000	19 000	70 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	104 000	327 000	290 000	1 898 000
Total Current Assets	104 000	327 000	328 000	1 898 000
Total Assets	122 000	345 000	347 000	1 968 000
Total Equity	−161 000	−25 000	88 000	772 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	21 000	116 000	84 000	7 000
Unpaid Taxes	136 000	121 000	186 000	200 000
Dividends	0	0	0	500 000
Other Current Debt	126 000	133 000	−10 000	140 000
Total Current Debt	283 000	370 000	260 000	1 195 000
Total Equity and Debt	122 000	345 000	347 000	1 968 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,85 %	452 %	−778,41 %	159,97 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	−9,49 %	−7,11 %	−74,92 %	35,34 %
Current Ratio	0,37	0,88	1,26	1,59
Quick Ratio	0,37	0,88	1,26	1,59
Equity Ratio	−1,32	−0,07	0,25	0,39
Gross Profit Margin	73,7 %	69,12 %	69,86 %	85,97 %