PROCEED AS

5306 ERDAL

Finances

Share Ownership

Return on Equity

30,69 %

Current Ratio

1,83

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2021	2020	2019	2018
Revenue	4 686 000	3 674 000	2 701 000	2 789 000
Net Income	380 000	−85 000	−53 000	177 000
Total Assets	2 770 000	1 416 000	1 791 000	1 720 000
Total Equity	1 238 000	858 000	943 000	996 000

Income (NOK)	2021	2020	2019	2018
Revenue	4 686 000	3 674 000	2 701 000	2 789 000
Expenditure	4 165 000	3 737 000	2 769 000	2 543 000
Operating Profit	505 000	−63 000	−65 000	247 000
Financial Income	4 000	0	1 000	0
Financial Costs	30 000	35 000	4 000	19 000
Financial Balance	−26 000	−35 000	−3 000	−19 000
Earnings Before Tax	479 000	−98 000	−68 000	229 000
Tax	99 000	−13 000	−15 000	52 000
Net Income	380 000	−85 000	−53 000	177 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	49 000	139 000	229 000	319 000
Total Current Assets	2 722 000	1 278 000	1 563 000	1 402 000
Total Assets	2 770 000	1 416 000	1 791 000	1 720 000
Total Retained Equity	1 198 000	818 000	903 000	956 000
Total Equity	1 238 000	858 000	943 000	996 000
Total Long-Term Debt	43 000	131 000	188 000	291 000
Total Current Debt	1 489 000	427 000	660 000	433 000
Total Equity and Debt	2 770 000	1 416 000	1 791 000	1 720 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	4 681 000	3 674 000	2 701 000	2 768 000
Other Income	6 000	0	0	21 000
Revenue	4 686 000	3 674 000	2 701 000	2 789 000
Cost of Goods Sold	1 857 000	1 614 000	916 000	1 028 000
Salary Costs	1 527 000	1 405 000	1 215 000	1 090 000
Depreciation	90 000	90 000	90 000	90 000
Impairment	0	0	0	0
Expenditure	4 165 000	3 737 000	2 769 000	2 543 000
Operating Profit	505 000	−63 000	−65 000	247 000
Financial Income	4 000	0	1 000	0
Financial Costs	30 000	35 000	4 000	19 000
Financial Balance	−26 000	−35 000	−3 000	−19 000
Dividends	0	0	0	0
Net Income	380 000	−85 000	−53 000	177 000

Balance details (NOK)	2021	2020	2019	2018
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	49 000	139 000	229 000	319 000
Total Tangible Assets	49 000	139 000	229 000	319 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	49 000	139 000	229 000	319 000
Stock	24 000	40 000	40 000	37 000
Total Investments	0	0	0	0
Cash, Bank	373 000	462 000	804 000	911 000
Total Current Assets	2 722 000	1 278 000	1 563 000	1 402 000
Total Assets	2 770 000	1 416 000	1 791 000	1 720 000
Total Equity	1 238 000	858 000	943 000	996 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	43 000	131 000	188 000	291 000
Creditors	609 000	8 000	206 000	64 000
Unpaid Taxes	411 000	265 000	245 000	125 000
Dividends	0	0	0	0
Other Current Debt	371 000	154 000	209 000	180 000
Total Current Debt	1 489 000	427 000	660 000	433 000
Total Equity and Debt	2 770 000	1 416 000	1 791 000	1 720 000

Financial indicators	2021	2020	2019	2018
Return on Equity	30,69 %	−9,91 %	−5,62 %	17,77 %
Debt-to-Equity Ratio	0,03	0,15	0,2	0,29
Operating Profit Margin	10,78 %	−1,71 %	−2,41 %	8,86 %
Current Ratio	1,83	2,99	2,37	3,24
Quick Ratio	1,86	3,3	2,52	3,54
Equity Ratio	0,45	0,61	0,53	0,58
Gross Profit Margin	60,37 %	56,07 %	66,09 %	63,14 %