ERIK STUBBERUD MEK.VERKSTED AS

2651 ØSTRE GAUSDAL

Finances

Share Ownership

Return on Equity

33,87 %

Current Ratio

2,01

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 883 000	4 580 000	2 952 000	3 508 000
Net Income	609 000	246 000	−89 000	236 000
Total Assets	4 066 000	3 619 000	3 461 000	3 153 000
Total Equity	1 798 000	1 225 000	979 000	1 067 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 883 000	4 580 000	2 952 000	3 508 000
Expenditure	4 100 000	4 264 000	3 058 000	3 195 000
Operating Profit	783 000	316 000	−107 000	313 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	2 000	1 000	8 000	13 000
Financial Balance	−2 000	0	−7 000	−12 000
Earnings Before Tax	781 000	316 000	−114 000	302 000
Tax	172 000	69 000	−25 000	66 000
Net Income	609 000	246 000	−89 000	236 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	744 000	812 000	911 000	857 000
Total Current Assets	3 322 000	2 806 000	2 550 000	2 296 000
Total Assets	4 066 000	3 619 000	3 461 000	3 153 000
Total Retained Equity	1 718 000	1 145 000	899 000	987 000
Total Equity	1 798 000	1 225 000	979 000	1 067 000
Total Long-Term Debt	617 000	577 000	43 000	30 000
Total Current Debt	1 651 000	1 817 000	2 440 000	2 056 000
Total Equity and Debt	4 066 000	3 619 000	3 461 000	3 153 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 846 000	4 575 000	2 946 000	3 508 000
Other Income	38 000	5 000	6 000	0
Revenue	4 883 000	4 580 000	2 952 000	3 508 000
Cost of Goods Sold	1 895 000	1 681 000	1 272 000	1 604 000
Salary Costs	862 000	1 078 000	826 000	767 000
Depreciation	153 000	137 000	106 000	93 000
Impairment	0	0	0	0
Expenditure	4 100 000	4 264 000	3 058 000	3 195 000
Operating Profit	783 000	316 000	−107 000	313 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	2 000	1 000	8 000	13 000
Financial Balance	−2 000	0	−7 000	−12 000
Dividends	0	0	0	0
Net Income	609 000	246 000	−89 000	236 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	162 000	38 000	42 000	0
Machinery and Plant Facilities	348 000	498 000	567 000	583 000
Fixtures	233 000	272 000	248 000	161 000
Total Tangible Assets	744 000	808 000	857 000	744 000
Total Fiancial Fixed Assets	0	4 000	54 000	113 000
Total Fixed Assets	744 000	812 000	911 000	857 000
Stock	1 112 000	1 052 000	750 000	648 000
Total Investments	0	0	0	0
Cash, Bank	1 096 000	382 000	454 000	897 000
Total Current Assets	3 322 000	2 806 000	2 550 000	2 296 000
Total Assets	4 066 000	3 619 000	3 461 000	3 153 000
Total Equity	1 798 000	1 225 000	979 000	1 067 000
Short-Term Group Debt	47 000	0	539 000	189 000
Total Long-Term Debt	617 000	577 000	43 000	30 000
Creditors	388 000	488 000	328 000	181 000
Unpaid Taxes	304 000	185 000	257 000	241 000
Dividends	0	0	0	0
Other Current Debt	728 000	1 070 000	1 316 000	1 381 000
Total Current Debt	1 651 000	1 817 000	2 440 000	2 056 000
Total Equity and Debt	4 066 000	3 619 000	3 461 000	3 153 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,87 %	20,08 %	−9,09 %	22,12 %
Debt-to-Equity Ratio	0,34	0,47	0,04	0,03
Operating Profit Margin	16,04 %	6,9 %	−3,62 %	8,92 %
Current Ratio	2,01	1,54	1,05	1,12
Quick Ratio	6,16	3,67	1,51	1,63
Equity Ratio	0,44	0,34	0,28	0,34
Gross Profit Margin	61,19 %	63,3 %	56,91 %	54,28 %