ING. ERIK HAGEN AS

2003 LILLESTRØM

Finances

Share Ownership

Return on Equity

78,72 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 101 000	1 928 000	2 084 000	2 130 000
Net Income	37 000	−97 000	−186 000	134 000
Total Assets	473 000	345 000	499 000	615 000
Total Equity	47 000	−29 000	68 000	254 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 101 000	1 928 000	2 084 000	2 130 000
Expenditure	2 063 000	2 025 000	2 269 000	1 947 000
Operating Profit	38 000	−97 000	−186 000	182 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	38 000	−97 000	−186 000	182 000
Tax	1 000	0	0	47 000
Net Income	37 000	−97 000	−186 000	134 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 000	21 000	32 000	0
Total Current Assets	448 000	324 000	467 000	615 000
Total Assets	473 000	345 000	499 000	615 000
Total Retained Equity	17 000	−59 000	38 000	224 000
Total Equity	47 000	−29 000	68 000	254 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	426 000	374 000	431 000	361 000
Total Equity and Debt	473 000	345 000	499 000	615 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 101 000	1 928 000	2 084 000	2 130 000
Other Income	0	0	0	0
Revenue	2 101 000	1 928 000	2 084 000	2 130 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 821 000	1 865 000	2 033 000	1 787 000
Depreciation	11 000	11 000	5 000	11 000
Impairment	0	0	0	0
Expenditure	2 063 000	2 025 000	2 269 000	1 947 000
Operating Profit	38 000	−97 000	−186 000	182 000
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	37 000	−97 000	−186 000	134 000

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	10 000	21 000	32 000	0
Total Tangible Assets	10 000	21 000	32 000	0
Total Fiancial Fixed Assets	15 000	0	0	0
Total Fixed Assets	25 000	21 000	32 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	193 000	160 000	253 000	323 000
Total Current Assets	448 000	324 000	467 000	615 000
Total Assets	473 000	345 000	499 000	615 000
Total Equity	47 000	−29 000	68 000	254 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	4 000
Unpaid Taxes	268 000	184 000	266 000	165 000
Dividends	0	0	0	0
Other Current Debt	156 000	151 000	166 000	145 000
Total Current Debt	426 000	374 000	431 000	361 000
Total Equity and Debt	473 000	345 000	499 000	615 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,72 %	334,48 %	−273,53 %	52,76 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	1,81 %	−5,03 %	−8,93 %	8,54 %
Current Ratio	1,05	0,87	1,08	1,7
Quick Ratio	1,05	0,87	1,08	1,7
Equity Ratio	0,1	−0,08	0,14	0,41
Gross Profit Margin	100 %	100 %	100 %	100 %