ERIK HESSEN AS

0783 OSLO

Finances

Share Ownership

Return on Equity

14,21 %

Current Ratio

2,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 676 000	3 786 000	3 456 000	2 993 000
Net Income	4 969 000	1 698 000	1 925 000	2 391 000
Total Assets	35 702 000	12 015 000	11 138 000	10 147 000
Total Equity	34 980 000	9 209 000	8 251 000	6 456 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 676 000	3 786 000	3 456 000	2 993 000
Expenditure	1 779 000	1 601 000	1 793 000	1 885 000
Operating Profit	1 897 000	2 184 000	1 663 000	1 109 000
Financial Income	14 772 000	1 000	633 000	1 536 000
Financial Costs	11 251 000	6 000	0	1 000
Financial Balance	3 521 000	−5 000	633 000	1 535 000
Earnings Before Tax	5 417 000	2 180 000	2 296 000	2 644 000
Tax	448 000	482 000	371 000	253 000
Net Income	4 969 000	1 698 000	1 925 000	2 391 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 014 000	10 464 000	9 136 000	3 047 000
Total Current Assets	1 688 000	1 550 000	2 002 000	7 101 000
Total Assets	35 702 000	12 015 000	11 138 000	10 147 000
Total Retained Equity	34 800 000	9 109 000	8 151 000	6 356 000
Total Equity	34 980 000	9 209 000	8 251 000	6 456 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	722 000	2 805 000	2 887 000	3 692 000
Total Equity and Debt	35 702 000	12 015 000	11 138 000	10 147 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 676 000	3 786 000	3 456 000	2 993 000
Other Income	0	0	0	0
Revenue	3 676 000	3 786 000	3 456 000	2 993 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 107 000	1 107 000	1 136 000	1 293 000
Depreciation	41 000	27 000	24 000	10 000
Impairment	0	0	0	0
Expenditure	1 779 000	1 601 000	1 793 000	1 885 000
Operating Profit	1 897 000	2 184 000	1 663 000	1 109 000
Financial Income	14 772 000	1 000	633 000	1 536 000
Financial Costs	11 251 000	6 000	0	1 000
Financial Balance	3 521 000	−5 000	633 000	1 535 000
Dividends	780 000	0	130 000	350 000
Net Income	4 969 000	1 698 000	1 925 000	2 391 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 000	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	102 000	114 000	110 000	8 000
Total Tangible Assets	102 000	114 000	110 000	8 000
Total Fiancial Fixed Assets	33 912 000	10 350 000	9 026 000	3 036 000
Total Fixed Assets	34 014 000	10 464 000	9 136 000	3 047 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 638 000	1 527 000	1 875 000	7 099 000
Total Current Assets	1 688 000	1 550 000	2 002 000	7 101 000
Total Assets	35 702 000	12 015 000	11 138 000	10 147 000
Total Equity	34 980 000	9 209 000	8 251 000	6 456 000
Short-Term Group Debt	0	2 052 000	2 152 000	2 152 000
Total Long-Term Debt	0	0	0	0
Creditors	18 000	12 000	0	5 000
Unpaid Taxes	89 000	68 000	65 000	66 000
Dividends	780 000	0	130 000	350 000
Other Current Debt	166 000	193 000	171 000	863 000
Total Current Debt	722 000	2 805 000	2 887 000	3 692 000
Total Equity and Debt	35 702 000	12 015 000	11 138 000	10 147 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,21 %	18,44 %	23,33 %	37,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	51,61 %	57,69 %	48,12 %	37,05 %
Current Ratio	2,34	0,55	0,69	1,92
Quick Ratio	2,34	0,55	0,69	1,92
Equity Ratio	0,98	0,77	0,74	0,64
Gross Profit Margin	100 %	100 %	100 %	100 %