Olaf E Eriksen AS Entreprenørforretning

0680 OSLO

Finances

Share Ownership

Return on Equity

60,9 %

Current Ratio

1,34

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	94 774 000	101 331 000	83 349 000	97 085 000
Net Income	5 883 000	8 507 000	7 378 000	6 032 000
Total Assets	34 606 000	36 328 000	31 182 000	39 463 000
Total Equity	9 660 000	3 957 000	11 450 000	10 073 000

Income (NOK)	2022	2021	2020	2019
Revenue	94 774 000	101 331 000	83 349 000	97 085 000
Expenditure	87 200 000	90 397 000	73 884 000	89 345 000
Operating Profit	7 575 000	10 933 000	9 465 000	7 740 000
Financial Income	0	0	21 000	28 000
Financial Costs	31 000	27 000	27 000	32 000
Financial Balance	−31 000	−27 000	−6 000	−4 000
Earnings Before Tax	7 544 000	10 907 000	9 459 000	7 736 000
Tax	1 661 000	2 400 000	2 081 000	1 703 000
Net Income	5 883 000	8 507 000	7 378 000	6 032 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 059 000	293 000	102 000	275 000
Total Current Assets	32 546 000	36 035 000	31 080 000	39 188 000
Total Assets	34 606 000	36 328 000	31 182 000	39 463 000
Total Retained Equity	8 661 000	2 958 000	10 451 000	9 074 000
Total Equity	9 660 000	3 957 000	11 450 000	10 073 000
Total Long-Term Debt	723 000	351 000	641 000	1 050 000
Total Current Debt	24 223 000	32 020 000	19 091 000	28 340 000
Total Equity and Debt	34 606 000	36 328 000	31 182 000	39 463 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	94 774 000	101 237 000	83 345 000	97 077 000
Other Income	0	94 000	4 000	8 000
Revenue	94 774 000	101 331 000	83 349 000	97 085 000
Cost of Goods Sold	63 603 000	67 083 000	51 031 000	67 820 000
Salary Costs	19 844 000	19 959 000	19 378 000	18 513 000
Depreciation	72 000	167 000	173 000	173 000
Impairment	0	0	0	0
Expenditure	87 200 000	90 397 000	73 884 000	89 345 000
Operating Profit	7 575 000	10 933 000	9 465 000	7 740 000
Financial Income	0	0	21 000	28 000
Financial Costs	31 000	27 000	27 000	32 000
Financial Balance	−31 000	−27 000	−6 000	−4 000
Dividends	0	0	0	0
Net Income	5 883 000	8 507 000	7 378 000	6 032 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 838 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	221 000	293 000	102 000	275 000
Total Tangible Assets	2 059 000	293 000	102 000	275 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 059 000	293 000	102 000	275 000
Stock	25 000	25 000	25 000	25 000
Total Investments	0	0	0	0
Cash, Bank	20 903 000	21 853 000	19 822 000	18 163 000
Total Current Assets	32 546 000	36 035 000	31 080 000	39 188 000
Total Assets	34 606 000	36 328 000	31 182 000	39 463 000
Total Equity	9 660 000	3 957 000	11 450 000	10 073 000
Short-Term Group Debt	231 000	8 000 000	0	0
Total Long-Term Debt	723 000	351 000	641 000	1 050 000
Creditors	11 048 000	9 385 000	7 698 000	12 231 000
Unpaid Taxes	2 148 000	3 263 000	2 608 000	4 235 000
Dividends	0	0	0	0
Other Current Debt	9 558 000	8 682 000	6 294 000	10 136 000
Total Current Debt	24 223 000	32 020 000	19 091 000	28 340 000
Total Equity and Debt	34 606 000	36 328 000	31 182 000	39 463 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,9 %	214,99 %	64,44 %	59,88 %
Debt-to-Equity Ratio	0,07	0,09	0,06	0,1
Operating Profit Margin	7,99 %	10,79 %	11,36 %	7,97 %
Current Ratio	1,34	1,13	1,63	1,38
Quick Ratio	1,34	1,13	1,63	1,38
Equity Ratio	0,28	0,11	0,37	0,26
Gross Profit Margin	32,89 %	33,8 %	38,77 %	30,14 %