ERLING OLSEN EIENDOM AS

4815 SALTRØD

Finances

Return on Equity

103,48 %

Current Ratio

6,09

Debt-to-Equity Ratio

−10,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	207 000	8 649 000	16 290 000	6 299 000
Net Income	−1 131 000	−272 000	243 000	442 000
Total Assets	11 978 000	5 903 000	8 627 000	13 150 000
Total Equity	−1 093 000	38 000	310 000	67 000

Income (NOK)	2022	2021	2020	2019
Revenue	207 000	8 649 000	16 290 000	6 299 000
Expenditure	1 196 000	8 908 000	15 632 000	5 517 000
Operating Profit	−988 000	−260 000	658 000	781 000
Financial Income	0	0	0	0
Financial Costs	376 000	89 000	347 000	214 000
Financial Balance	−376 000	−89 000	−347 000	−214 000
Earnings Before Tax	−1 363 000	−348 000	312 000	567 000
Tax	−232 000	−76 000	69 000	125 000
Net Income	−1 131 000	−272 000	243 000	442 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	760 000	857 000	964 000	1 001 000
Total Current Assets	11 218 000	5 046 000	7 663 000	12 149 000
Total Assets	11 978 000	5 903 000	8 627 000	13 150 000
Total Retained Equity	−1 123 000	8 000	280 000	37 000
Total Equity	−1 093 000	38 000	310 000	67 000
Total Long-Term Debt	11 229 000	5 589 000	7 989 000	0
Total Current Debt	1 842 000	276 000	328 000	13 083 000
Total Equity and Debt	11 978 000	5 903 000	8 627 000	13 150 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	207 000	8 649 000	16 290 000	6 299 000
Other Income	0	0	0	0
Revenue	207 000	8 649 000	16 290 000	6 299 000
Cost of Goods Sold	71 000	7 621 000	15 009 000	4 494 000
Salary Costs	319 000	635 000	229 000	513 000
Depreciation	22 000	26 000	152 000	148 000
Impairment	0	0	0	0
Expenditure	1 196 000	8 908 000	15 632 000	5 517 000
Operating Profit	−988 000	−260 000	658 000	781 000
Financial Income	0	0	0	0
Financial Costs	376 000	89 000	347 000	214 000
Financial Balance	−376 000	−89 000	−347 000	−214 000
Dividends	0	0	0	0
Net Income	−1 131 000	−272 000	243 000	442 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	355 000	123 000	47 000	29 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	11 000	142 000
Fixtures	59 000	81 000	56 000	6 000
Total Tangible Assets	59 000	81 000	67 000	149 000
Total Fiancial Fixed Assets	346 000	654 000	850 000	824 000
Total Fixed Assets	760 000	857 000	964 000	1 001 000
Stock	11 103 000	482 000	4 171 000	11 953 000
Total Investments	0	0	0	0
Cash, Bank	0	4 411 000	3 264 000	0
Total Current Assets	11 218 000	5 046 000	7 663 000	12 149 000
Total Assets	11 978 000	5 903 000	8 627 000	13 150 000
Total Equity	−1 093 000	38 000	310 000	67 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 229 000	5 589 000	7 989 000	0
Creditors	165 000	136 000	155 000	120 000
Unpaid Taxes	43 000	83 000	67 000	9 000
Dividends	0	0	0	0
Other Current Debt	21 000	57 000	20 000	6 782 000
Total Current Debt	1 842 000	276 000	328 000	13 083 000
Total Equity and Debt	11 978 000	5 903 000	8 627 000	13 150 000

Financial indicators	2022	2021	2020	2019
Return on Equity	103,48 %	−715,79 %	78,39 %	659,7 %
Debt-to-Equity Ratio	−10,27	147,08	25,77	0
Operating Profit Margin	−477,29 %	−3,01 %	4,04 %	12,4 %
Current Ratio	6,09	18,28	23,36	0,93
Quick Ratio	−1,21	−24,5	−1,99	10,75
Equity Ratio	−0,09	0,01	0,04	0,01
Gross Profit Margin	65,7 %	11,89 %	7,86 %	28,66 %