EIRIK ANDRESEN AS

4827 FROLANDS VERK

Finances

Share Ownership

Return on Equity

1,49 %

Current Ratio

2,07

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 054 000	1 669 000	1 169 000	636 000
Net Income	8 000	98 000	54 000	196 000
Total Assets	862 000	1 011 000	709 000	555 000
Total Equity	536 000	528 000	430 000	376 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 054 000	1 669 000	1 169 000	636 000
Expenditure	1 048 000	1 543 000	1 100 000	385 000
Operating Profit	6 000	125 000	69 000	251 000
Financial Income	4 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	4 000	0	0	0
Earnings Before Tax	10 000	126 000	69 000	251 000
Tax	2 000	28 000	15 000	55 000
Net Income	8 000	98 000	54 000	196 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	206 000	248 000	318 000	287 000
Total Current Assets	656 000	762 000	390 000	268 000
Total Assets	862 000	1 011 000	709 000	555 000
Total Retained Equity	516 000	508 000	410 000	356 000
Total Equity	536 000	528 000	430 000	376 000
Total Long-Term Debt	9 000	13 000	13 000	10 000
Total Current Debt	317 000	470 000	265 000	169 000
Total Equity and Debt	862 000	1 011 000	709 000	555 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 054 000	1 669 000	1 155 000	636 000
Other Income	0	0	14 000	0
Revenue	1 054 000	1 669 000	1 169 000	636 000
Cost of Goods Sold	0	0	0	0
Salary Costs	473 000	908 000	804 000	332 000
Depreciation	31 000	30 000	32 000	13 000
Impairment	0	0	0	0
Expenditure	1 048 000	1 543 000	1 100 000	385 000
Operating Profit	6 000	125 000	69 000	251 000
Financial Income	4 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	4 000	0	0	0
Dividends	0	0	0	0
Net Income	8 000	98 000	54 000	196 000

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	103 000	105 000	135 000	287 000
Total Tangible Assets	103 000	105 000	135 000	287 000
Total Fiancial Fixed Assets	103 000	143 000	183 000	0
Total Fixed Assets	206 000	248 000	318 000	287 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	254 000	345 000	154 000	164 000
Total Current Assets	656 000	762 000	390 000	268 000
Total Assets	862 000	1 011 000	709 000	555 000
Total Equity	536 000	528 000	430 000	376 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 000	13 000	13 000	10 000
Creditors	60 000	58 000	20 000	0
Unpaid Taxes	66 000	148 000	107 000	76 000
Dividends	0	0	0	0
Other Current Debt	186 000	236 000	126 000	48 000
Total Current Debt	317 000	470 000	265 000	169 000
Total Equity and Debt	862 000	1 011 000	709 000	555 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,49 %	18,56 %	12,56 %	52,13 %
Debt-to-Equity Ratio	0,02	0,02	0,03	0,03
Operating Profit Margin	0,57 %	7,49 %	5,9 %	39,47 %
Current Ratio	2,07	1,62	1,47	1,59
Quick Ratio	2,07	1,62	1,47	1,59
Equity Ratio	0,62	0,52	0,61	0,68
Gross Profit Margin	100 %	100 %	100 %	100 %