H S ERLANDSEN AS

8622 MO I RANA

Finances

Return on Equity

49,07 %

Current Ratio

2,27

Debt-to-Equity Ratio

0,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 523 000	1 296 000	920 000	1 044 000
Net Income	264 000	50 000	207 000	−384 000
Total Assets	957 000	859 000	868 000	666 000
Total Equity	538 000	274 000	224 000	16 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 523 000	1 296 000	920 000	1 044 000
Expenditure	2 144 000	1 200 000	667 000	1 418 000
Operating Profit	379 000	96 000	252 000	−374 000
Financial Income	0	0	0	0
Financial Costs	37 000	45 000	45 000	38 000
Financial Balance	−37 000	−45 000	−45 000	−38 000
Earnings Before Tax	343 000	51 000	207 000	−412 000
Tax	78 000	1 000	0	−28 000
Net Income	264 000	50 000	207 000	−384 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	741 000	697 000	698 000	631 000
Total Current Assets	216 000	162 000	170 000	35 000
Total Assets	957 000	859 000	868 000	666 000
Total Retained Equity	238 000	−26 000	−76 000	−284 000
Total Equity	538 000	274 000	224 000	16 000
Total Long-Term Debt	325 000	463 000	575 000	647 000
Total Current Debt	95 000	122 000	69 000	3 000
Total Equity and Debt	957 000	859 000	868 000	666 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 480 000	1 106 000	644 000	1 044 000
Other Income	43 000	190 000	276 000	0
Revenue	2 523 000	1 296 000	920 000	1 044 000
Cost of Goods Sold	631 000	86 000	0	890 000
Salary Costs	445 000	332 000	149 000	133 000
Depreciation	153 000	128 000	120 000	121 000
Impairment	0	0	0	0
Expenditure	2 144 000	1 200 000	667 000	1 418 000
Operating Profit	379 000	96 000	252 000	−374 000
Financial Income	0	0	0	0
Financial Costs	37 000	45 000	45 000	38 000
Financial Balance	−37 000	−45 000	−45 000	−38 000
Dividends	0	0	0	0
Net Income	264 000	50 000	207 000	−384 000

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	726 000	682 000	685 000	631 000
Total Tangible Assets	726 000	682 000	685 000	631 000
Total Fiancial Fixed Assets	15 000	15 000	13 000	0
Total Fixed Assets	741 000	697 000	698 000	631 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	184 000	111 000	129 000	0
Total Current Assets	216 000	162 000	170 000	35 000
Total Assets	957 000	859 000	868 000	666 000
Total Equity	538 000	274 000	224 000	16 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	325 000	463 000	575 000	647 000
Creditors	−40 000	5 000	16 000	0
Unpaid Taxes	46 000	83 000	25 000	−8 000
Dividends	0	0	0	0
Other Current Debt	45 000	34 000	29 000	11 000
Total Current Debt	95 000	122 000	69 000	3 000
Total Equity and Debt	957 000	859 000	868 000	666 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,07 %	18,25 %	92,41 %	−2 400 %
Debt-to-Equity Ratio	0,6	1,69	2,57	40,44
Operating Profit Margin	15,02 %	7,41 %	27,39 %	−35,82 %
Current Ratio	2,27	1,33	2,46	11,67
Quick Ratio	2,27	1,33	2,46	11,67
Equity Ratio	0,56	0,32	0,26	0,02
Gross Profit Margin	74,99 %	93,36 %	100 %	14,75 %