ERIK HOEL AS

3490 KLOKKARSTUA

Finances

Share Ownership

Return on Equity

18,33 %

Current Ratio

1,44

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 762 000	20 065 000	14 822 000	18 413 000
Net Income	537 000	938 000	−424 000	1 615 000
Total Assets	9 114 000	8 017 000	7 417 000	7 841 000
Total Equity	2 930 000	3 280 000	2 342 000	2 765 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 762 000	20 065 000	14 822 000	18 413 000
Expenditure	18 757 000	18 811 000	15 416 000	16 339 000
Operating Profit	1 006 000	1 253 000	−444 000	2 073 000
Financial Income	64 000	77 000	71 000	28 000
Financial Costs	136 000	127 000	170 000	187 000
Financial Balance	−72 000	−50 000	−99 000	−159 000
Earnings Before Tax	934 000	1 202 000	−543 000	1 914 000
Tax	396 000	264 000	−119 000	299 000
Net Income	537 000	938 000	−424 000	1 615 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 808 000	1 132 000	1 628 000	1 892 000
Total Current Assets	7 306 000	6 885 000	5 789 000	5 949 000
Total Assets	9 114 000	8 017 000	7 417 000	7 841 000
Total Retained Equity	1 798 000	1 260 000	322 000	746 000
Total Equity	2 930 000	3 280 000	2 342 000	2 765 000
Total Long-Term Debt	1 107 000	823 000	1 321 000	2 213 000
Total Current Debt	5 077 000	3 915 000	3 755 000	2 862 000
Total Equity and Debt	9 114 000	8 017 000	7 417 000	7 841 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 690 000	20 065 000	14 750 000	18 341 000
Other Income	72 000	0	72 000	72 000
Revenue	19 762 000	20 065 000	14 822 000	18 413 000
Cost of Goods Sold	6 415 000	7 334 000	5 283 000	6 263 000
Salary Costs	6 861 000	6 372 000	5 395 000	5 101 000
Depreciation	756 000	777 000	672 000	733 000
Impairment	0	0	0	0
Expenditure	18 757 000	18 811 000	15 416 000	16 339 000
Operating Profit	1 006 000	1 253 000	−444 000	2 073 000
Financial Income	64 000	77 000	71 000	28 000
Financial Costs	136 000	127 000	170 000	187 000
Financial Balance	−72 000	−50 000	−99 000	−159 000
Dividends	0	0	0	0
Net Income	537 000	938 000	−424 000	1 615 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	38 000	73 000	122 000	94 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	252 000	401 000	770 000	1 120 000
Fixtures	1 457 000	563 000	609 000	517 000
Total Tangible Assets	1 708 000	964 000	1 379 000	1 637 000
Total Fiancial Fixed Assets	61 000	94 000	128 000	161 000
Total Fixed Assets	1 808 000	1 132 000	1 628 000	1 892 000
Stock	4 304 000	3 731 000	3 422 000	3 487 000
Total Investments	0	0	0	0
Cash, Bank	303 000	680 000	278 000	318 000
Total Current Assets	7 306 000	6 885 000	5 789 000	5 949 000
Total Assets	9 114 000	8 017 000	7 417 000	7 841 000
Total Equity	2 930 000	3 280 000	2 342 000	2 765 000
Short-Term Group Debt	1 182 000	40 000	54 000	35 000
Total Long-Term Debt	1 107 000	823 000	1 321 000	2 213 000
Creditors	1 120 000	1 171 000	491 000	423 000
Unpaid Taxes	513 000	694 000	558 000	513 000
Dividends	0	0	0	0
Other Current Debt	1 134 000	1 662 000	1 563 000	1 104 000
Total Current Debt	5 077 000	3 915 000	3 755 000	2 862 000
Total Equity and Debt	9 114 000	8 017 000	7 417 000	7 841 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,33 %	28,6 %	−18,1 %	58,41 %
Debt-to-Equity Ratio	0,38	0,25	0,56	0,8
Operating Profit Margin	5,09 %	6,24 %	−3 %	11,26 %
Current Ratio	1,44	1,76	1,54	2,08
Quick Ratio	9,45	37,42	17,38	−9,52
Equity Ratio	0,32	0,41	0,32	0,35
Gross Profit Margin	67,54 %	63,45 %	64,36 %	65,99 %