ERIK MELLEGAARD AS

1860 TRØGSTAD

Finances

Return on Equity

19,96 %

Current Ratio

4,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 049 000	5 319 000	2 917 000	3 066 000
Net Income	743 000	1 299 000	442 000	467 000
Total Assets	4 496 000	4 216 000	2 718 000	2 400 000
Total Equity	3 723 000	2 980 000	1 881 000	1 438 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 049 000	5 319 000	2 917 000	3 066 000
Expenditure	3 091 000	3 667 000	2 346 000	2 453 000
Operating Profit	958 000	1 653 000	570 000	614 000
Financial Income	1 000	21 000	9 000	0
Financial Costs	6 000	8 000	11 000	15 000
Financial Balance	−5 000	13 000	−2 000	−15 000
Earnings Before Tax	953 000	1 666 000	568 000	599 000
Tax	210 000	366 000	126 000	132 000
Net Income	743 000	1 299 000	442 000	467 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 112 000	1 301 000	1 029 000	665 000
Total Current Assets	3 384 000	2 915 000	1 689 000	1 735 000
Total Assets	4 496 000	4 216 000	2 718 000	2 400 000
Total Retained Equity	3 623 000	2 880 000	1 781 000	1 338 000
Total Equity	3 723 000	2 980 000	1 881 000	1 438 000
Total Long-Term Debt	11 000	214 000	281 000	322 000
Total Current Debt	762 000	1 022 000	556 000	639 000
Total Equity and Debt	4 496 000	4 216 000	2 718 000	2 400 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 049 000	5 319 000	2 722 000	2 940 000
Other Income	0	0	196 000	126 000
Revenue	4 049 000	5 319 000	2 917 000	3 066 000
Cost of Goods Sold	1 641 000	2 256 000	1 239 000	1 179 000
Salary Costs	792 000	749 000	650 000	818 000
Depreciation	189 000	149 000	170 000	170 000
Impairment	0	0	0	0
Expenditure	3 091 000	3 667 000	2 346 000	2 453 000
Operating Profit	958 000	1 653 000	570 000	614 000
Financial Income	1 000	21 000	9 000	0
Financial Costs	6 000	8 000	11 000	15 000
Financial Balance	−5 000	13 000	−2 000	−15 000
Dividends	0	200 000	0	150 000
Net Income	743 000	1 299 000	442 000	467 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	457 000	647 000	395 000	663 000
Total Tangible Assets	457 000	647 000	395 000	663 000
Total Fiancial Fixed Assets	655 000	655 000	634 000	2 000
Total Fixed Assets	1 112 000	1 301 000	1 029 000	665 000
Stock	726 000	671 000	253 000	247 000
Total Investments	0	0	0	0
Cash, Bank	2 304 000	2 080 000	1 230 000	1 262 000
Total Current Assets	3 384 000	2 915 000	1 689 000	1 735 000
Total Assets	4 496 000	4 216 000	2 718 000	2 400 000
Total Equity	3 723 000	2 980 000	1 881 000	1 438 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 000	214 000	281 000	322 000
Creditors	187 000	260 000	160 000	120 000
Unpaid Taxes	167 000	111 000	198 000	174 000
Dividends	0	200 000	0	150 000
Other Current Debt	168 000	279 000	89 000	86 000
Total Current Debt	762 000	1 022 000	556 000	639 000
Total Equity and Debt	4 496 000	4 216 000	2 718 000	2 400 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,96 %	43,59 %	23,5 %	32,48 %
Debt-to-Equity Ratio	0	0,07	0,15	0,22
Operating Profit Margin	23,66 %	31,08 %	19,54 %	20,03 %
Current Ratio	4,44	2,85	3,04	2,72
Quick Ratio	94	8,3	5,57	4,43
Equity Ratio	0,83	0,71	0,69	0,6
Gross Profit Margin	59,47 %	57,59 %	57,52 %	61,55 %