EIRIK K-OLSEN AS

1473 LØRENSKOG

Finances

Share Ownership

Return on Equity

−441,19 %

Current Ratio

4,47

Debt-to-Equity Ratio

9,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 756 000	19 558 000	28 941 000	22 896 000
Net Income	−2 603 000	−1 442 000	335 000	89 000
Total Assets	8 052 000	6 212 000	4 711 000	4 173 000
Total Equity	590 000	594 000	588 000	589 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 756 000	19 558 000	28 941 000	22 896 000
Expenditure	20 904 000	21 328 000	28 513 000	22 728 000
Operating Profit	−3 149 000	−1 770 000	429 000	168 000
Financial Income	0	0	1 000	0
Financial Costs	188 000	79 000	0	56 000
Financial Balance	−188 000	−79 000	1 000	−56 000
Earnings Before Tax	−3 337 000	−1 849 000	430 000	112 000
Tax	−734 000	−407 000	95 000	23 000
Net Income	−2 603 000	−1 442 000	335 000	89 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 000	29 000	28 000	33 000
Total Current Assets	8 028 000	6 183 000	4 683 000	4 140 000
Total Assets	8 052 000	6 212 000	4 711 000	4 173 000
Total Retained Equity	0	0	238 000	239 000
Total Equity	590 000	594 000	588 000	589 000
Total Long-Term Debt	5 666 000	4 374 000	1 587 000	1 587 000
Total Current Debt	1 796 000	1 244 000	2 537 000	1 997 000
Total Equity and Debt	8 052 000	6 212 000	4 711 000	4 173 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 315 000	19 020 000	28 124 000	21 872 000
Other Income	442 000	537 000	817 000	1 023 000
Revenue	17 756 000	19 558 000	28 941 000	22 896 000
Cost of Goods Sold	14 504 000	15 455 000	21 829 000	16 999 000
Salary Costs	3 197 000	3 008 000	3 252 000	3 091 000
Depreciation	5 000	5 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	20 904 000	21 328 000	28 513 000	22 728 000
Operating Profit	−3 149 000	−1 770 000	429 000	168 000
Financial Income	0	0	1 000	0
Financial Costs	188 000	79 000	0	56 000
Financial Balance	−188 000	−79 000	1 000	−56 000
Dividends	0	0	0	0
Net Income	−2 603 000	−1 442 000	335 000	89 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 000	8 000	13 000	18 000
Total Tangible Assets	3 000	8 000	13 000	18 000
Total Fiancial Fixed Assets	21 000	21 000	15 000	15 000
Total Fixed Assets	24 000	29 000	28 000	33 000
Stock	2 581 000	2 392 000	2 144 000	2 001 000
Total Investments	0	0	0	0
Cash, Bank	1 215 000	1 130 000	1 664 000	1 827 000
Total Current Assets	8 028 000	6 183 000	4 683 000	4 140 000
Total Assets	8 052 000	6 212 000	4 711 000	4 173 000
Total Equity	590 000	594 000	588 000	589 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 666 000	4 374 000	1 587 000	1 587 000
Creditors	915 000	545 000	886 000	1 176 000
Unpaid Taxes	192 000	164 000	351 000	366 000
Dividends	0	0	0	0
Other Current Debt	689 000	535 000	1 299 000	429 000
Total Current Debt	1 796 000	1 244 000	2 537 000	1 997 000
Total Equity and Debt	8 052 000	6 212 000	4 711 000	4 173 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−441,19 %	−242,76 %	56,97 %	15,11 %
Debt-to-Equity Ratio	9,6	7,36	2,7	2,69
Operating Profit Margin	−17,73 %	−9,05 %	1,48 %	0,73 %
Current Ratio	4,47	4,97	1,85	2,07
Quick Ratio	−10,23	−5,39	11,92	−1 035
Equity Ratio	0,07	0,1	0,12	0,14
Gross Profit Margin	18,31 %	20,98 %	24,57 %	25,76 %