ERIK SCHENK VVS AS

3055 KROKSTADELVA

Finances

Share Ownership

Return on Equity

21,05 %

Current Ratio

1,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 293 000	1 071 000	996 000	370 000
Net Income	32 000	−25 000	39 000	77 000
Total Assets	427 000	349 000	530 000	275 000
Total Equity	152 000	120 000	145 000	107 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 293 000	1 071 000	996 000	370 000
Expenditure	1 256 000	1 096 000	938 000	272 000
Operating Profit	37 000	−24 000	58 000	98 000
Financial Income	0	0	0	0
Financial Costs	1 000	3 000	9 000	0
Financial Balance	−1 000	−3 000	−9 000	0
Earnings Before Tax	36 000	−27 000	50 000	98 000
Tax	4 000	−2 000	11 000	22 000
Net Income	32 000	−25 000	39 000	77 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000	1 000	165 000	0
Total Current Assets	426 000	347 000	365 000	275 000
Total Assets	427 000	349 000	530 000	275 000
Total Retained Equity	122 000	90 000	115 000	77 000
Total Equity	152 000	120 000	145 000	107 000
Total Long-Term Debt	0	0	168 000	0
Total Current Debt	275 000	228 000	217 000	169 000
Total Equity and Debt	427 000	349 000	530 000	275 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 293 000	1 054 000	996 000	370 000
Other Income	0	17 000	0	0
Revenue	1 293 000	1 071 000	996 000	370 000
Cost of Goods Sold	276 000	113 000	102 000	90 000
Salary Costs	698 000	693 000	588 000	113 000
Depreciation	0	7 000	41 000	0
Impairment	0	0	0	0
Expenditure	1 256 000	1 096 000	938 000	272 000
Operating Profit	37 000	−24 000	58 000	98 000
Financial Income	0	0	0	0
Financial Costs	1 000	3 000	9 000	0
Financial Balance	−1 000	−3 000	−9 000	0
Dividends	0	0	0	0
Net Income	32 000	−25 000	39 000	77 000

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	0	165 000	0
Total Tangible Assets	0	0	165 000	0
Total Fiancial Fixed Assets	1 000	1 000	0	0
Total Fixed Assets	1 000	1 000	165 000	0
Stock	9 000	10 000	0	0
Total Investments	0	0	0	0
Cash, Bank	84 000	236 000	168 000	206 000
Total Current Assets	426 000	347 000	365 000	275 000
Total Assets	427 000	349 000	530 000	275 000
Total Equity	152 000	120 000	145 000	107 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	168 000	0
Creditors	54 000	34 000	53 000	12 000
Unpaid Taxes	130 000	112 000	81 000	101 000
Dividends	0	0	0	0
Other Current Debt	87 000	82 000	74 000	34 000
Total Current Debt	275 000	228 000	217 000	169 000
Total Equity and Debt	427 000	349 000	530 000	275 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,05 %	−20,83 %	26,9 %	71,96 %
Debt-to-Equity Ratio	0	0	1,16	0
Operating Profit Margin	2,86 %	−2,24 %	5,82 %	26,49 %
Current Ratio	1,55	1,52	1,68	1,63
Quick Ratio	1,6	1,59	1,68	1,63
Equity Ratio	0,36	0,34	0,27	0,39
Gross Profit Margin	78,65 %	89,45 %	89,76 %	75,68 %