ERIK LARM AS

1788 HALDEN

Finances

Return on Equity

29,24 %

Current Ratio

0,48

Debt-to-Equity Ratio

2,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	72 138 000	50 773 000	35 006 000	29 879 000
Net Income	4 283 000	5 355 000	1 589 000	1 636 000
Total Assets	75 168 000	49 524 000	37 228 000	35 095 000
Total Equity	14 649 000	10 365 000	5 010 000	3 421 000

Income (NOK)	2022	2021	2020	2019
Revenue	72 138 000	50 773 000	35 006 000	29 879 000
Expenditure	65 557 000	43 242 000	32 201 000	27 147 000
Operating Profit	6 580 000	7 531 000	2 805 000	2 732 000
Financial Income	1 000	0	0	1 000
Financial Costs	1 038 000	654 000	765 000	634 000
Financial Balance	−1 037 000	−654 000	−765 000	−633 000
Earnings Before Tax	5 543 000	6 877 000	2 040 000	2 098 000
Tax	1 259 000	1 521 000	451 000	462 000
Net Income	4 283 000	5 355 000	1 589 000	1 636 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	62 770 000	38 114 000	30 019 000	26 104 000
Total Current Assets	12 398 000	11 410 000	7 209 000	8 990 000
Total Assets	75 168 000	49 524 000	37 228 000	35 095 000
Total Retained Equity	14 149 000	9 865 000	4 510 000	2 921 000
Total Equity	14 649 000	10 365 000	5 010 000	3 421 000
Total Long-Term Debt	34 683 000	30 129 000	25 989 000	25 032 000
Total Current Debt	25 837 000	9 029 000	6 228 000	6 642 000
Total Equity and Debt	75 168 000	49 524 000	37 228 000	35 095 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	72 138 000	50 575 000	34 630 000	29 857 000
Other Income	0	199 000	376 000	22 000
Revenue	72 138 000	50 773 000	35 006 000	29 879 000
Cost of Goods Sold	1 931 000	1 441 000	1 014 000	2 291 000
Salary Costs	23 495 000	16 323 000	12 791 000	9 218 000
Depreciation	8 450 000	6 404 000	4 940 000	4 109 000
Impairment	0	0	0	0
Expenditure	65 557 000	43 242 000	32 201 000	27 147 000
Operating Profit	6 580 000	7 531 000	2 805 000	2 732 000
Financial Income	1 000	0	0	1 000
Financial Costs	1 038 000	654 000	765 000	634 000
Financial Balance	−1 037 000	−654 000	−765 000	−633 000
Dividends	0	0	0	0
Net Income	4 283 000	5 355 000	1 589 000	1 636 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	58 000	78 000	98 000	0
Total Intangible Assets	58 000	78 000	98 000	0
Real Eastate	387 000	169 000	191 000	213 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	56 696 000	36 745 000	28 623 000	24 970 000
Total Tangible Assets	57 083 000	36 914 000	28 814 000	25 183 000
Total Fiancial Fixed Assets	5 629 000	1 122 000	1 107 000	921 000
Total Fixed Assets	62 770 000	38 114 000	30 019 000	26 104 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	878 000	2 593 000	628 000	371 000
Total Current Assets	12 398 000	11 410 000	7 209 000	8 990 000
Total Assets	75 168 000	49 524 000	37 228 000	35 095 000
Total Equity	14 649 000	10 365 000	5 010 000	3 421 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	34 683 000	30 129 000	25 989 000	25 032 000
Creditors	16 980 000	2 513 000	1 106 000	1 087 000
Unpaid Taxes	1 557 000	1 677 000	2 195 000	1 355 000
Dividends	0	0	0	0
Other Current Debt	4 643 000	3 743 000	2 240 000	1 636 000
Total Current Debt	25 837 000	9 029 000	6 228 000	6 642 000
Total Equity and Debt	75 168 000	49 524 000	37 228 000	35 095 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,24 %	51,66 %	31,72 %	47,82 %
Debt-to-Equity Ratio	2,37	2,91	5,19	7,32
Operating Profit Margin	9,12 %	14,83 %	8,01 %	9,14 %
Current Ratio	0,48	1,26	1,16	1,35
Quick Ratio	0,48	1,26	1,16	1,35
Equity Ratio	0,19	0,21	0,13	0,1
Gross Profit Margin	97,32 %	97,16 %	97,1 %	92,33 %