MARTIN ERIKSEN AS

3209 SANDEFJORD

Finances

Return on Equity

31,83 %

Current Ratio

24,67

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 000	61 000	339 000	1 070 000
Net Income	205 000	268 000	4 000	29 000
Total Assets	651 000	461 000	513 000	328 000
Total Equity	644 000	439 000	171 000	167 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 000	61 000	339 000	1 070 000
Expenditure	22 000	29 000	332 000	1 025 000
Operating Profit	2 000	31 000	7 000	45 000
Financial Income	206 000	245 000	0	0
Financial Costs	0	0	1 000	8 000
Financial Balance	206 000	245 000	−1 000	−8 000
Earnings Before Tax	208 000	276 000	6 000	38 000
Tax	3 000	9 000	1 000	8 000
Net Income	205 000	268 000	4 000	29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	577 000	277 000	282 000	292 000
Total Current Assets	74 000	184 000	230 000	35 000
Total Assets	651 000	461 000	513 000	328 000
Total Retained Equity	614 000	409 000	141 000	137 000
Total Equity	644 000	439 000	171 000	167 000
Total Long-Term Debt	4 000	4 000	6 000	95 000
Total Current Debt	3 000	18 000	335 000	66 000
Total Equity and Debt	651 000	461 000	513 000	328 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 000	61 000	314 000	1 070 000
Other Income	0	0	25 000	0
Revenue	24 000	61 000	339 000	1 070 000
Cost of Goods Sold	0	0	0	329 000
Salary Costs	0	0	277 000	502 000
Depreciation	2 000	5 000	5 000	38 000
Impairment	0	0	0	0
Expenditure	22 000	29 000	332 000	1 025 000
Operating Profit	2 000	31 000	7 000	45 000
Financial Income	206 000	245 000	0	0
Financial Costs	0	0	1 000	8 000
Financial Balance	206 000	245 000	−1 000	−8 000
Dividends	0	0	0	0
Net Income	205 000	268 000	4 000	29 000

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	0	2 000	7 000	117 000
Total Tangible Assets	0	2 000	7 000	117 000
Total Fiancial Fixed Assets	577 000	275 000	275 000	175 000
Total Fixed Assets	577 000	277 000	282 000	292 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	49 000	6 000	226 000	30 000
Total Current Assets	74 000	184 000	230 000	35 000
Total Assets	651 000	461 000	513 000	328 000
Total Equity	644 000	439 000	171 000	167 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	4 000	6 000	95 000
Creditors	0	0	3 000	4 000
Unpaid Taxes	0	7 000	206 000	5 000
Dividends	0	0	0	0
Other Current Debt	0	0	126 000	48 000
Total Current Debt	3 000	18 000	335 000	66 000
Total Equity and Debt	651 000	461 000	513 000	328 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,83 %	61,05 %	2,34 %	17,37 %
Debt-to-Equity Ratio	0,01	0,01	0,04	0,57
Operating Profit Margin	8,33 %	50,82 %	2,06 %	4,21 %
Current Ratio	24,67	10,22	0,69	0,53
Quick Ratio	24,67	10,22	0,69	0,53
Equity Ratio	0,99	0,95	0,33	0,51
Gross Profit Margin	100 %	100 %	100 %	69,25 %