ERIK WEDUM AS

2625 FÅBERG

Finances

Share Ownership

Return on Equity

16,68 %

Current Ratio

3,95

Debt-to-Equity Ratio

2,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	842 000	831 000	771 000	774 000
Net Income	202 000	268 000	223 000	122 000
Total Assets	4 455 000	4 425 000	4 413 000	4 318 000
Total Equity	1 211 000	1 009 000	741 000	518 000

Income (NOK)	2022	2021	2020	2019
Revenue	842 000	831 000	771 000	774 000
Expenditure	564 000	465 000	463 000	594 000
Operating Profit	277 000	365 000	309 000	180 000
Financial Income	0	0	1 000	4 000
Financial Costs	18 000	22 000	24 000	25 000
Financial Balance	−18 000	−22 000	−23 000	−21 000
Earnings Before Tax	259 000	343 000	286 000	158 000
Tax	57 000	76 000	63 000	37 000
Net Income	202 000	268 000	223 000	122 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 659 000	2 847 000	3 036 000	3 229 000
Total Current Assets	1 796 000	1 578 000	1 377 000	1 089 000
Total Assets	4 455 000	4 425 000	4 413 000	4 318 000
Total Retained Equity	1 111 000	909 000	641 000	418 000
Total Equity	1 211 000	1 009 000	741 000	518 000
Total Long-Term Debt	2 789 000	3 022 000	3 274 000	3 525 000
Total Current Debt	455 000	394 000	398 000	275 000
Total Equity and Debt	4 455 000	4 425 000	4 413 000	4 318 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	41 000	0
Other Income	842 000	831 000	731 000	774 000
Revenue	842 000	831 000	771 000	774 000
Cost of Goods Sold	0	0	0	0
Salary Costs	80 000	88 000	126 000	126 000
Depreciation	210 000	210 000	210 000	210 000
Impairment	0	0	0	0
Expenditure	564 000	465 000	463 000	594 000
Operating Profit	277 000	365 000	309 000	180 000
Financial Income	0	0	1 000	4 000
Financial Costs	18 000	22 000	24 000	25 000
Financial Balance	−18 000	−22 000	−23 000	−21 000
Dividends	0	0	0	0
Net Income	202 000	268 000	223 000	122 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	76 000	53 000	33 000	15 000
Real Eastate	2 439 000	2 609 000	2 780 000	2 950 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	144 000	184 000	224 000	264 000
Total Tangible Assets	2 583 000	2 793 000	3 003 000	3 214 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 659 000	2 847 000	3 036 000	3 229 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 659 000	1 479 000	1 354 000	1 033 000
Total Current Assets	1 796 000	1 578 000	1 377 000	1 089 000
Total Assets	4 455 000	4 425 000	4 413 000	4 318 000
Total Equity	1 211 000	1 009 000	741 000	518 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 789 000	3 022 000	3 274 000	3 525 000
Creditors	144 000	23 000	22 000	49 000
Unpaid Taxes	173 000	208 000	223 000	65 000
Dividends	0	0	0	0
Other Current Debt	58 000	66 000	72 000	109 000
Total Current Debt	455 000	394 000	398 000	275 000
Total Equity and Debt	4 455 000	4 425 000	4 413 000	4 318 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,68 %	26,56 %	30,09 %	23,55 %
Debt-to-Equity Ratio	2,3	3	4,42	6,81
Operating Profit Margin	32,9 %	43,92 %	40,08 %	23,26 %
Current Ratio	3,95	4,01	3,46	3,96
Quick Ratio	3,95	4,01	3,46	3,96
Equity Ratio	0,27	0,23	0,17	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %