MALERMESTERNE ERIKSEN & LARSEN AS

1723 SARPSBORG

Finances

Share Ownership

Return on Equity

199,38 %

Current Ratio

1,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 177 000	4 511 000	3 825 000	0
Net Income	319 000	2 000	55 000	1 000
Total Assets	978 000	678 000	581 000	104 000
Total Equity	160 000	103 000	103 000	91 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 177 000	4 511 000	3 825 000	0
Expenditure	4 766 000	4 503 000	3 752 000	1 000
Operating Profit	411 000	8 000	73 000	−1 000
Financial Income	0	0	0	0
Financial Costs	3 000	5 000	2 000	0
Financial Balance	−3 000	−5 000	−2 000	0
Earnings Before Tax	408 000	2 000	71 000	−1 000
Tax	90 000	1 000	16 000	−3 000
Net Income	319 000	2 000	55 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 000	15 000	0	3 000
Total Current Assets	976 000	664 000	581 000	102 000
Total Assets	978 000	678 000	581 000	104 000
Total Retained Equity	60 000	3 000	3 000	0
Total Equity	160 000	103 000	103 000	91 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	818 000	576 000	479 000	14 000
Total Equity and Debt	978 000	678 000	581 000	104 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 177 000	4 500 000	3 825 000	0
Other Income	0	10 000	0	0
Revenue	5 177 000	4 511 000	3 825 000	0
Cost of Goods Sold	987 000	940 000	887 000	0
Salary Costs	2 735 000	2 662 000	2 340 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 766 000	4 503 000	3 752 000	1 000
Operating Profit	411 000	8 000	73 000	−1 000
Financial Income	0	0	0	0
Financial Costs	3 000	5 000	2 000	0
Financial Balance	−3 000	−5 000	−2 000	0
Dividends	223 000	0	0	0
Net Income	319 000	2 000	55 000	1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 000	15 000	0	0
Total Fixed Assets	2 000	15 000	0	3 000
Stock	93 000	57 000	33 000	0
Total Investments	0	0	0	0
Cash, Bank	265 000	192 000	296 000	100 000
Total Current Assets	976 000	664 000	581 000	102 000
Total Assets	978 000	678 000	581 000	104 000
Total Equity	160 000	103 000	103 000	91 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	181 000	97 000	52 000	14 000
Unpaid Taxes	343 000	281 000	235 000	0
Dividends	223 000	0	0	0
Other Current Debt	215 000	197 000	191 000	0
Total Current Debt	818 000	576 000	479 000	14 000
Total Equity and Debt	978 000	678 000	581 000	104 000

Financial indicators	2022	2021	2020	2019
Return on Equity	199,38 %	1,94 %	53,4 %	1,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,94 %	0,18 %	1,91 %	-
Current Ratio	1,19	1,15	1,21	7,29
Quick Ratio	1,35	1,28	1,3	7,29
Equity Ratio	0,16	0,15	0,18	0,88
Gross Profit Margin	80,93 %	79,16 %	76,81 %	-