MARTIN ERIKSEN TRANSPORT AS

3518 HØNEFOSS

Finances

Share Ownership

Return on Equity

−30,59 %

Current Ratio

13,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	153 000	1 204 000	1 176 000	1 129 000
Net Income	−175 000	174 000	192 000	28 000
Total Assets	613 000	1 271 000	1 054 000	896 000
Total Equity	572 000	747 000	874 000	681 000

Income (NOK)	2022	2021	2020	2019
Revenue	153 000	1 204 000	1 176 000	1 129 000
Expenditure	340 000	982 000	928 000	1 093 000
Operating Profit	−187 000	222 000	246 000	36 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	−187 000	222 000	247 000	35 000
Tax	−12 000	49 000	54 000	8 000
Net Income	−175 000	174 000	192 000	28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	75 000	138 000	200 000	207 000
Total Current Assets	538 000	1 133 000	854 000	689 000
Total Assets	613 000	1 271 000	1 054 000	896 000
Total Retained Equity	542 000	717 000	844 000	651 000
Total Equity	572 000	747 000	874 000	681 000
Total Long-Term Debt	0	12 000	19 000	28 000
Total Current Debt	40 000	512 000	161 000	187 000
Total Equity and Debt	613 000	1 271 000	1 054 000	896 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	153 000	1 204 000	1 176 000	1 129 000
Other Income	0	0	0	0
Revenue	153 000	1 204 000	1 176 000	1 129 000
Cost of Goods Sold	0	0	20 000	0
Salary Costs	111 000	586 000	374 000	403 000
Depreciation	63 000	63 000	63 000	50 000
Impairment	0	0	0	0
Expenditure	340 000	982 000	928 000	1 093 000
Operating Profit	−187 000	222 000	246 000	36 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	300 000	0	0
Net Income	−175 000	174 000	192 000	28 000

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	67 000	126 000	184 000	177 000
Fixtures	7 000	12 000	17 000	21 000
Total Tangible Assets	75 000	138 000	200 000	199 000
Total Fiancial Fixed Assets	0	0	0	8 000
Total Fixed Assets	75 000	138 000	200 000	207 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	525 000	997 000	789 000	617 000
Total Current Assets	538 000	1 133 000	854 000	689 000
Total Assets	613 000	1 271 000	1 054 000	896 000
Total Equity	572 000	747 000	874 000	681 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	12 000	19 000	28 000
Creditors	15 000	5 000	24 000	38 000
Unpaid Taxes	25 000	89 000	68 000	49 000
Dividends	0	300 000	0	0
Other Current Debt	0	62 000	7 000	83 000
Total Current Debt	40 000	512 000	161 000	187 000
Total Equity and Debt	613 000	1 271 000	1 054 000	896 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,59 %	23,29 %	21,97 %	4,11 %
Debt-to-Equity Ratio	0	0,02	0,02	0,04
Operating Profit Margin	−122,22 %	18,44 %	20,92 %	3,19 %
Current Ratio	13,45	2,21	5,3	3,68
Quick Ratio	13,45	2,21	5,3	3,68
Equity Ratio	0,93	0,59	0,83	0,76
Gross Profit Margin	100 %	100 %	98,3 %	100 %