ERIK TØMMERAAS AS

2211 KONGSVINGER

Finances

Share Ownership

Return on Equity

35,37 %

Current Ratio

2,34

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	46 788 000	46 554 000	41 659 000	36 509 000
Net Income	3 261 000	4 898 000	2 945 000	1 173 000
Total Assets	16 920 000	18 454 000	14 969 000	13 977 000
Total Equity	9 219 000	9 548 000	4 651 000	4 087 000

Income (NOK)	2022	2021	2020	2019
Revenue	46 788 000	46 554 000	41 659 000	36 509 000
Expenditure	42 624 000	40 245 000	37 798 000	34 899 000
Operating Profit	4 164 000	6 309 000	3 861 000	1 610 000
Financial Income	77 000	33 000	0	1 000
Financial Costs	59 000	63 000	86 000	103 000
Financial Balance	18 000	−30 000	−86 000	−102 000
Earnings Before Tax	4 182 000	6 279 000	3 776 000	1 508 000
Tax	921 000	1 381 000	831 000	334 000
Net Income	3 261 000	4 898 000	2 945 000	1 173 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 209 000	973 000	939 000	938 000
Total Current Assets	15 711 000	17 480 000	14 030 000	13 040 000
Total Assets	16 920 000	18 454 000	14 969 000	13 977 000
Total Retained Equity	7 403 000	7 732 000	2 835 000	2 271 000
Total Equity	9 219 000	9 548 000	4 651 000	4 087 000
Total Long-Term Debt	982 000	1 404 000	1 825 000	583 000
Total Current Debt	6 718 000	7 502 000	8 494 000	9 307 000
Total Equity and Debt	16 920 000	18 454 000	14 969 000	13 977 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	46 697 000	46 406 000	41 594 000	36 450 000
Other Income	92 000	148 000	66 000	58 000
Revenue	46 788 000	46 554 000	41 659 000	36 509 000
Cost of Goods Sold	31 228 000	29 831 000	27 593 000	24 987 000
Salary Costs	5 576 000	5 459 000	5 128 000	4 383 000
Depreciation	211 000	181 000	164 000	244 000
Impairment	0	0	0	0
Expenditure	42 624 000	40 245 000	37 798 000	34 899 000
Operating Profit	4 164 000	6 309 000	3 861 000	1 610 000
Financial Income	77 000	33 000	0	1 000
Financial Costs	59 000	63 000	86 000	103 000
Financial Balance	18 000	−30 000	−86 000	−102 000
Dividends	3 590 000	0	2 000 000	750 000
Net Income	3 261 000	4 898 000	2 945 000	1 173 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	93 000	118 000	130 000	115 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	108 000	136 000	169 000	212 000
Fixtures	1 007 000	720 000	639 000	611 000
Total Tangible Assets	1 116 000	855 000	809 000	823 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 209 000	973 000	939 000	938 000
Stock	11 347 000	11 871 000	9 468 000	8 843 000
Total Investments	0	0	0	0
Cash, Bank	957 000	2 062 000	1 718 000	327 000
Total Current Assets	15 711 000	17 480 000	14 030 000	13 040 000
Total Assets	16 920 000	18 454 000	14 969 000	13 977 000
Total Equity	9 219 000	9 548 000	4 651 000	4 087 000
Short-Term Group Debt	0	21 000	0	1 041 000
Total Long-Term Debt	982 000	1 404 000	1 825 000	583 000
Creditors	2 706 000	4 192 000	3 616 000	3 869 000
Unpaid Taxes	407 000	735 000	572 000	761 000
Dividends	3 590 000	0	2 000 000	750 000
Other Current Debt	1 209 000	1 185 000	1 567 000	614 000
Total Current Debt	6 718 000	7 502 000	8 494 000	9 307 000
Total Equity and Debt	16 920 000	18 454 000	14 969 000	13 977 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,37 %	51,3 %	63,32 %	28,7 %
Debt-to-Equity Ratio	0,11	0,15	0,39	0,14
Operating Profit Margin	8,9 %	13,55 %	9,27 %	4,41 %
Current Ratio	2,34	2,33	1,65	1,4
Quick Ratio	−3,39	−4	−14,4	28,1
Equity Ratio	0,54	0,52	0,31	0,29
Gross Profit Margin	33,26 %	35,92 %	33,76 %	31,56 %