ERLING SØNDENÅ AS

4311 HOMMERSÅK

Finances

Share Ownership

Return on Equity

74,66 %

Current Ratio

0,7

Debt-to-Equity Ratio

1,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	600 000	563 000	413 000	64 000
Net Income	383 000	362 000	172 000	−111 000
Total Assets	2 083 000	1 934 000	1 728 000	1 828 000
Total Equity	513 000	523 000	530 000	426 000

Income (NOK)	2022	2021	2020	2019
Revenue	600 000	563 000	413 000	64 000
Expenditure	110 000	100 000	193 000	207 000
Operating Profit	491 000	464 000	221 000	−143 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	491 000	464 000	221 000	−143 000
Tax	108 000	102 000	49 000	−31 000
Net Income	383 000	362 000	172 000	−111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 612 000	1 668 000	1 724 000	1 812 000
Total Current Assets	471 000	266 000	4 000	16 000
Total Assets	2 083 000	1 934 000	1 728 000	1 828 000
Total Retained Equity	407 000	417 000	424 000	320 000
Total Equity	513 000	523 000	530 000	426 000
Total Long-Term Debt	897 000	892 000	912 000	952 000
Total Current Debt	673 000	519 000	287 000	450 000
Total Equity and Debt	2 083 000	1 934 000	1 728 000	1 828 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	600 000	563 000	413 000	64 000
Revenue	600 000	563 000	413 000	64 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	−5 000	1 000	75 000
Depreciation	59 000	59 000	59 000	59 000
Impairment	0	0	0	0
Expenditure	110 000	100 000	193 000	207 000
Operating Profit	491 000	464 000	221 000	−143 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	383 000	362 000	172 000	−111 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	193 000	191 000	189 000	218 000
Real Eastate	1 419 000	1 477 000	1 536 000	1 594 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 419 000	1 477 000	1 536 000	1 594 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 612 000	1 668 000	1 724 000	1 812 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 000	3 000	4 000	16 000
Total Current Assets	471 000	266 000	4 000	16 000
Total Assets	2 083 000	1 934 000	1 728 000	1 828 000
Total Equity	513 000	523 000	530 000	426 000
Short-Term Group Debt	628 000	476 000	182 000	277 000
Total Long-Term Debt	897 000	892 000	912 000	952 000
Creditors	6 000	0	35 000	10 000
Unpaid Taxes	23 000	27 000	14 000	2 000
Dividends	0	0	0	0
Other Current Debt	16 000	16 000	55 000	160 000
Total Current Debt	673 000	519 000	287 000	450 000
Total Equity and Debt	2 083 000	1 934 000	1 728 000	1 828 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,66 %	69,22 %	32,45 %	−26,06 %
Debt-to-Equity Ratio	1,75	1,71	1,72	2,23
Operating Profit Margin	81,83 %	82,42 %	53,51 %	−223,44 %
Current Ratio	0,7	0,51	0,01	0,04
Quick Ratio	0,7	0,51	0,01	0,04
Equity Ratio	0,25	0,27	0,31	0,23
Gross Profit Margin	100 %	100 %	100 %	100 %