ERIK FLORVAAG AS

5222 NESTTUN

Finances

Share Ownership

Return on Equity

15,03 %

Current Ratio

14,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	96 000	45 000	−9 000	164 000
Net Income	46 000	17 000	−25 000	87 000
Total Assets	329 000	275 000	854 000	904 000
Total Equity	306 000	261 000	844 000	869 000

Income (NOK)	2022	2021	2020	2019
Revenue	96 000	45 000	−9 000	164 000
Expenditure	38 000	24 000	23 000	54 000
Operating Profit	59 000	21 000	−32 000	111 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	59 000	21 000	−32 000	111 000
Tax	13 000	5 000	−7 000	24 000
Net Income	46 000	17 000	−25 000	87 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	329 000	275 000	854 000	904 000
Total Assets	329 000	275 000	854 000	904 000
Total Retained Equity	276 000	231 000	814 000	839 000
Total Equity	306 000	261 000	844 000	869 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	22 000	14 000	10 000	35 000
Total Equity and Debt	329 000	275 000	854 000	904 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	96 000	45 000	−9 000	164 000
Other Income	0	0	0	0
Revenue	96 000	45 000	−9 000	164 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	38 000	24 000	23 000	54 000
Operating Profit	59 000	21 000	−32 000	111 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	600 000	0	0
Net Income	46 000	17 000	−25 000	87 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	304 000	275 000	839 000	790 000
Total Current Assets	329 000	275 000	854 000	904 000
Total Assets	329 000	275 000	854 000	904 000
Total Equity	306 000	261 000	844 000	869 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−1 000	−1 000	−1 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	600 000	0	0
Other Current Debt	10 000	11 000	11 000	11 000
Total Current Debt	22 000	14 000	10 000	35 000
Total Equity and Debt	329 000	275 000	854 000	904 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,03 %	6,51 %	−2,96 %	10,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	61,46 %	46,67 %	355,56 %	67,68 %
Current Ratio	14,95	19,64	85,4	25,83
Quick Ratio	14,95	19,64	85,4	25,83
Equity Ratio	0,93	0,95	0,99	0,96
Gross Profit Margin	100 %	100 %	100 %	100 %