ERIKSEN HÅRDESIGN AS

4270 ÅKREHAMN

Finances

Share Ownership

Return on Equity

49,11 %

Current Ratio

2,8

Debt-to-Equity Ratio

1,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 307 000	2 473 000	2 433 000	2 425 000
Net Income	441 000	420 000	603 000	557 000
Total Assets	2 570 000	2 285 000	2 890 000	1 204 000
Total Equity	898 000	457 000	487 000	334 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 307 000	2 473 000	2 433 000	2 425 000
Expenditure	1 690 000	1 888 000	1 635 000	1 710 000
Operating Profit	618 000	585 000	797 000	715 000
Financial Income	0	0	0	0
Financial Costs	53 000	45 000	25 000	1 000
Financial Balance	−53 000	−45 000	−25 000	−1 000
Earnings Before Tax	565 000	541 000	773 000	714 000
Tax	124 000	120 000	170 000	157 000
Net Income	441 000	420 000	603 000	557 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 502 000	1 442 000	1 492 000	20 000
Total Current Assets	1 068 000	843 000	1 398 000	1 184 000
Total Assets	2 570 000	2 285 000	2 890 000	1 204 000
Total Retained Equity	866 000	425 000	454 000	302 000
Total Equity	898 000	457 000	487 000	334 000
Total Long-Term Debt	1 291 000	1 372 000	1 454 000	0
Total Current Debt	381 000	456 000	950 000	870 000
Total Equity and Debt	2 570 000	2 285 000	2 890 000	1 204 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 307 000	2 472 000	2 413 000	2 425 000
Other Income	0	0	20 000	0
Revenue	2 307 000	2 473 000	2 433 000	2 425 000
Cost of Goods Sold	258 000	304 000	288 000	329 000
Salary Costs	879 000	1 133 000	929 000	885 000
Depreciation	52 000	51 000	41 000	12 000
Impairment	0	0	0	0
Expenditure	1 690 000	1 888 000	1 635 000	1 710 000
Operating Profit	618 000	585 000	797 000	715 000
Financial Income	0	0	0	0
Financial Costs	53 000	45 000	25 000	1 000
Financial Balance	−53 000	−45 000	−25 000	−1 000
Dividends	0	0	450 000	460 000
Net Income	441 000	420 000	603 000	557 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	7 000	7 000	9 000
Real Eastate	1 447 000	1 435 000	1 485 000	0
Machinery and Plant Facilities	0	0	0	12 000
Fixtures	47 000	0	0	0
Total Tangible Assets	1 495 000	1 435 000	1 485 000	12 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 502 000	1 442 000	1 492 000	20 000
Stock	180 000	187 000	198 000	181 000
Total Investments	0	0	0	0
Cash, Bank	822 000	574 000	1 109 000	923 000
Total Current Assets	1 068 000	843 000	1 398 000	1 184 000
Total Assets	2 570 000	2 285 000	2 890 000	1 204 000
Total Equity	898 000	457 000	487 000	334 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 291 000	1 372 000	1 454 000	0
Creditors	69 000	52 000	50 000	4 000
Unpaid Taxes	102 000	165 000	184 000	151 000
Dividends	0	0	450 000	460 000
Other Current Debt	85 000	117 000	97 000	97 000
Total Current Debt	381 000	456 000	950 000	870 000
Total Equity and Debt	2 570 000	2 285 000	2 890 000	1 204 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,11 %	91,9 %	123,82 %	166,77 %
Debt-to-Equity Ratio	1,44	3	2,99	0
Operating Profit Margin	26,79 %	23,66 %	32,76 %	29,48 %
Current Ratio	2,8	1,85	1,47	1,36
Quick Ratio	5,31	3,13	1,86	1,72
Equity Ratio	0,35	0,2	0,17	0,28
Gross Profit Margin	88,82 %	87,71 %	88,16 %	86,43 %