ERIKSEN EKSPLOSIVER AS

8372 GRAVDAL

Finances

Share Ownership

Return on Equity

69,29 %

Current Ratio

0,42

Debt-to-Equity Ratio

−8,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 114 000	5 404 000	5 674 000	2 391 000
Net Income	−458 000	−544 000	6 000	188 000
Total Assets	5 410 000	6 588 000	3 534 000	2 204 000
Total Equity	−661 000	−203 000	341 000	336 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 114 000	5 404 000	5 674 000	2 391 000
Expenditure	5 209 000	5 851 000	5 557 000	2 078 000
Operating Profit	−95 000	−447 000	117 000	312 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	364 000	168 000	117 000	69 000
Financial Balance	−363 000	−167 000	−116 000	−69 000
Earnings Before Tax	−458 000	−615 000	2 000	243 000
Tax	0	−71 000	−3 000	55 000
Net Income	−458 000	−544 000	6 000	188 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 137 000	5 647 000	2 542 000	1 658 000
Total Current Assets	274 000	941 000	992 000	546 000
Total Assets	5 410 000	6 588 000	3 534 000	2 204 000
Total Retained Equity	−761 000	−303 000	241 000	236 000
Total Equity	−661 000	−203 000	341 000	336 000
Total Long-Term Debt	5 424 000	6 101 000	2 484 000	1 600 000
Total Current Debt	647 000	689 000	709 000	268 000
Total Equity and Debt	5 410 000	6 588 000	3 534 000	2 204 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 236 000	5 312 000	5 530 000	2 391 000
Other Income	−122 000	91 000	144 000	0
Revenue	5 114 000	5 404 000	5 674 000	2 391 000
Cost of Goods Sold	1 727 000	1 899 000	2 165 000	838 000
Salary Costs	1 544 000	1 814 000	1 665 000	321 000
Depreciation	661 000	463 000	324 000	206 000
Impairment	0	0	0	0
Expenditure	5 209 000	5 851 000	5 557 000	2 078 000
Operating Profit	−95 000	−447 000	117 000	312 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	364 000	168 000	117 000	69 000
Financial Balance	−363 000	−167 000	−116 000	−69 000
Dividends	0	0	0	20 000
Net Income	−458 000	−544 000	6 000	188 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	522 000	522 000	514 000	0
Machinery and Plant Facilities	4 004 000	4 355 000	1 898 000	1 427 000
Fixtures	611 000	770 000	130 000	231 000
Total Tangible Assets	5 137 000	5 647 000	2 542 000	1 658 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 137 000	5 647 000	2 542 000	1 658 000
Stock	79 000	83 000	155 000	94 000
Total Investments	0	0	0	0
Cash, Bank	89 000	76 000	421 000	122 000
Total Current Assets	274 000	941 000	992 000	546 000
Total Assets	5 410 000	6 588 000	3 534 000	2 204 000
Total Equity	−661 000	−203 000	341 000	336 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 424 000	6 101 000	2 484 000	1 600 000
Creditors	884 000	394 000	364 000	103 000
Unpaid Taxes	203 000	206 000	85 000	139 000
Dividends	0	0	0	20 000
Other Current Debt	−440 000	89 000	260 000	6 000
Total Current Debt	647 000	689 000	709 000	268 000
Total Equity and Debt	5 410 000	6 588 000	3 534 000	2 204 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,29 %	267,98 %	1,76 %	55,95 %
Debt-to-Equity Ratio	−8,21	−30,05	7,28	4,76
Operating Profit Margin	−1,86 %	−8,27 %	2,06 %	13,05 %
Current Ratio	0,42	1,37	1,4	2,04
Quick Ratio	0,48	1,55	1,79	3,14
Equity Ratio	−0,12	−0,03	0,1	0,15
Gross Profit Margin	66,23 %	64,86 %	61,84 %	64,95 %