ERLING J ERIKSEN AS

5554 VALEVÅG

Finances

Share Ownership

Return on Equity

7,58 %

Current Ratio

4,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 731 000	2 603 000	2 357 000	2 436 000
Net Income	205 000	288 000	131 000	120 000
Total Assets	3 337 000	3 837 000	3 630 000	3 651 000
Total Equity	2 704 000	2 699 000	3 112 000	3 130 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 731 000	2 603 000	2 357 000	2 436 000
Expenditure	2 479 000	2 272 000	2 192 000	2 283 000
Operating Profit	253 000	330 000	166 000	153 000
Financial Income	28 000	46 000	4 000	3 000
Financial Costs	18 000	6 000	2 000	2 000
Financial Balance	10 000	40 000	2 000	1 000
Earnings Before Tax	263 000	370 000	168 000	155 000
Tax	58 000	83 000	37 000	34 000
Net Income	205 000	288 000	131 000	120 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	513 000	777 000	668 000	935 000
Total Current Assets	2 825 000	3 060 000	2 962 000	2 716 000
Total Assets	3 337 000	3 837 000	3 630 000	3 651 000
Total Retained Equity	2 604 000	2 599 000	3 012 000	3 030 000
Total Equity	2 704 000	2 699 000	3 112 000	3 130 000
Total Long-Term Debt	0	2 000	3 000	14 000
Total Current Debt	633 000	1 136 000	516 000	507 000
Total Equity and Debt	3 337 000	3 837 000	3 630 000	3 651 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 731 000	2 563 000	2 350 000	2 386 000
Other Income	0	40 000	7 000	50 000
Revenue	2 731 000	2 603 000	2 357 000	2 436 000
Cost of Goods Sold	12 000	16 000	17 000	17 000
Salary Costs	1 408 000	1 365 000	1 268 000	1 383 000
Depreciation	288 000	273 000	289 000	306 000
Impairment	0	0	0	0
Expenditure	2 479 000	2 272 000	2 192 000	2 283 000
Operating Profit	253 000	330 000	166 000	153 000
Financial Income	28 000	46 000	4 000	3 000
Financial Costs	18 000	6 000	2 000	2 000
Financial Balance	10 000	40 000	2 000	1 000
Dividends	200 000	200 000	150 000	150 000
Net Income	205 000	288 000	131 000	120 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	23 000	0	0	0
Real Eastate	4 000	10 000	15 000	68 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	486 000	768 000	653 000	867 000
Total Tangible Assets	490 000	777 000	668 000	935 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	513 000	777 000	668 000	935 000
Stock	0	0	0	0
Total Investments	1 403 000	1 398 000	1 602 000	1 396 000
Cash, Bank	1 136 000	1 367 000	1 088 000	981 000
Total Current Assets	2 825 000	3 060 000	2 962 000	2 716 000
Total Assets	3 337 000	3 837 000	3 630 000	3 651 000
Total Equity	2 704 000	2 699 000	3 112 000	3 130 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	3 000	14 000
Creditors	12 000	10 000	5 000	4 000
Unpaid Taxes	191 000	197 000	179 000	175 000
Dividends	200 000	200 000	150 000	150 000
Other Current Debt	148 000	646 000	132 000	151 000
Total Current Debt	633 000	1 136 000	516 000	507 000
Total Equity and Debt	3 337 000	3 837 000	3 630 000	3 651 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,58 %	10,67 %	4,21 %	3,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,26 %	12,68 %	7,04 %	6,28 %
Current Ratio	4,46	2,69	5,74	5,36
Quick Ratio	4,46	2,69	5,74	5,36
Equity Ratio	0,81	0,7	0,86	0,86
Gross Profit Margin	99,56 %	99,39 %	99,28 %	99,3 %