ERIKSEN & LARSEN AS

1723 SARPSBORG

Finances

Return on Equity

38,53 %

Current Ratio

Debt-to-Equity Ratio

2,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	160 000	89 000	97 000	4 054 000
Net Income	277 000	−43 000	−151 000	439 000
Total Assets	2 314 000	2 346 000	1 224 000	1 319 000
Total Equity	719 000	441 000	484 000	635 000

Income (NOK)	2022	2021	2020	2019
Revenue	160 000	89 000	97 000	4 054 000
Expenditure	98 000	120 000	322 000	3 489 000
Operating Profit	61 000	−32 000	−225 000	566 000
Financial Income	273 000	8 000	56 000	0
Financial Costs	42 000	31 000	25 000	4 000
Financial Balance	231 000	−23 000	31 000	−4 000
Earnings Before Tax	292 000	−55 000	−194 000	562 000
Tax	15 000	−12 000	−43 000	124 000
Net Income	277 000	−43 000	−151 000	439 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 284 000	996 000	1 053 000	172 000
Total Current Assets	30 000	1 350 000	171 000	1 147 000
Total Assets	2 314 000	2 346 000	1 224 000	1 319 000
Total Retained Equity	639 000	361 000	404 000	555 000
Total Equity	719 000	441 000	484 000	635 000
Total Long-Term Debt	1 565 000	1 657 000	586 000	0
Total Current Debt	30 000	247 000	154 000	684 000
Total Equity and Debt	2 314 000	2 346 000	1 224 000	1 319 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 000	0	60 000	4 051 000
Other Income	135 000	89 000	37 000	3 000
Revenue	160 000	89 000	97 000	4 054 000
Cost of Goods Sold	13 000	0	11 000	709 000
Salary Costs	0	0	−47 000	2 120 000
Depreciation	18 000	18 000	11 000	3 000
Impairment	10 000	0	0	0
Expenditure	98 000	120 000	322 000	3 489 000
Operating Profit	61 000	−32 000	−225 000	566 000
Financial Income	273 000	8 000	56 000	0
Financial Costs	42 000	31 000	25 000	4 000
Financial Balance	231 000	−23 000	31 000	−4 000
Dividends	0	0	0	180 000
Net Income	277 000	−43 000	−151 000	439 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	6 000	0	0
Real Eastate	851 000	891 000	919 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	12 000
Total Tangible Assets	851 000	891 000	919 000	12 000
Total Fiancial Fixed Assets	1 432 000	100 000	134 000	160 000
Total Fixed Assets	2 284 000	996 000	1 053 000	172 000
Stock	0	13 000	0	12 000
Total Investments	0	0	0	0
Cash, Bank	30 000	1 327 000	52 000	962 000
Total Current Assets	30 000	1 350 000	171 000	1 147 000
Total Assets	2 314 000	2 346 000	1 224 000	1 319 000
Total Equity	719 000	441 000	484 000	635 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 565 000	1 657 000	586 000	0
Creditors	10 000	17 000	6 000	92 000
Unpaid Taxes	19 000	0	0	296 000
Dividends	0	0	0	180 000
Other Current Debt	1 000	231 000	148 000	172 000
Total Current Debt	30 000	247 000	154 000	684 000
Total Equity and Debt	2 314 000	2 346 000	1 224 000	1 319 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,53 %	−9,75 %	−31,2 %	69,13 %
Debt-to-Equity Ratio	2,18	3,76	1,21	0
Operating Profit Margin	38,13 %	−35,96 %	−231,96 %	13,96 %
Current Ratio	1	5,47	1,11	1,68
Quick Ratio	1	5,77	1,11	1,71
Equity Ratio	0,31	0,19	0,4	0,48
Gross Profit Margin	91,88 %	100 %	88,66 %	82,51 %