SØREN ERIKSEN AS

1397 NESØYA

Finances

Return on Equity

71,16 %

Current Ratio

1,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 394 000	90 000	139 000	0
Net Income	39 545 000	−4 166 000	98 667 000	−15 000
Total Assets	80 626 000	80 016 000	96 704 000	4 029 000
Total Equity	55 572 000	70 027 000	96 693 000	2 136 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 394 000	90 000	139 000	0
Expenditure	10 627 000	5 831 000	149 000	15 000
Operating Profit	−233 000	−5 741 000	−10 000	−15 000
Financial Income	39 874 000	2 066 000	98 676 000	0
Financial Costs	96 000	491 000	0	0
Financial Balance	39 778 000	1 575 000	98 676 000	0
Earnings Before Tax	39 545 000	−4 166 000	98 667 000	−15 000
Tax	0	0	0	0
Net Income	39 545 000	−4 166 000	98 667 000	−15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 678 000	54 652 000	50 305 000	4 000 000
Total Current Assets	32 948 000	25 364 000	46 399 000	29 000
Total Assets	80 626 000	80 016 000	96 704 000	4 029 000
Total Retained Equity	55 542 000	69 997 000	96 663 000	2 106 000
Total Equity	55 572 000	70 027 000	96 693 000	2 136 000
Total Long-Term Debt	0	0	3 000	1 893 000
Total Current Debt	25 054 000	9 989 000	8 000	0
Total Equity and Debt	80 626 000	80 016 000	96 704 000	4 029 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 250 000	0	0	0
Other Income	144 000	90 000	139 000	0
Revenue	10 394 000	90 000	139 000	0
Cost of Goods Sold	10 494 000	5 775 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	10 627 000	5 831 000	149 000	15 000
Operating Profit	−233 000	−5 741 000	−10 000	−15 000
Financial Income	39 874 000	2 066 000	98 676 000	0
Financial Costs	96 000	491 000	0	0
Financial Balance	39 778 000	1 575 000	98 676 000	0
Dividends	25 000 000	0	0	0
Net Income	39 545 000	−4 166 000	98 667 000	−15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 697 000	3 697 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	140 000	140 000	0	0
Total Tangible Assets	3 837 000	3 837 000	0	0
Total Fiancial Fixed Assets	43 841 000	50 815 000	50 305 000	4 000 000
Total Fixed Assets	47 678 000	54 652 000	50 305 000	4 000 000
Stock	0	10 000 000	13 638 000	0
Total Investments	0	0	10 000 000	0
Cash, Bank	31 382 000	15 280 000	20 716 000	29 000
Total Current Assets	32 948 000	25 364 000	46 399 000	29 000
Total Assets	80 626 000	80 016 000	96 704 000	4 029 000
Total Equity	55 572 000	70 027 000	96 693 000	2 136 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 000	1 893 000
Creditors	54 000	43 000	8 000	0
Unpaid Taxes	0	0	0	0
Dividends	25 000 000	0	0	0
Other Current Debt	0	11 000	0	0
Total Current Debt	25 054 000	9 989 000	8 000	0
Total Equity and Debt	80 626 000	80 016 000	96 704 000	4 029 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,16 %	−5,95 %	102,04 %	−0,7 %
Debt-to-Equity Ratio	0	0	0	0,89
Operating Profit Margin	−2,24 %	−6 378,89 %	−7,19 %	-
Current Ratio	1,32	2,54	5 799,88	-
Quick Ratio	1,32	−2 305,82	−3,4	-
Equity Ratio	0,69	0,88	1	0,53
Gross Profit Margin	−0,96 %	−6 316,67 %	100 %	-