ERLING FOSSENG TREINDUSTRI AS

7168 LYSØYSUNDET

Finances

Share Ownership

Return on Equity

3,94 %

Current Ratio

3,69

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 773 000	11 232 000	9 867 000	8 584 000
Net Income	220 000	751 000	−570 000	391 000
Total Assets	7 456 000	7 254 000	6 606 000	7 067 000
Total Equity	5 579 000	5 359 000	4 608 000	5 501 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 773 000	11 232 000	9 867 000	8 584 000
Expenditure	9 466 000	10 231 000	10 564 000	8 282 000
Operating Profit	307 000	1 000 000	−695 000	302 000
Financial Income	16 000	−2 000	10 000	6 000
Financial Costs	40 000	35 000	47 000	43 000
Financial Balance	−24 000	−37 000	−37 000	−37 000
Earnings Before Tax	282 000	963 000	−733 000	265 000
Tax	62 000	212 000	−162 000	−126 000
Net Income	220 000	751 000	−570 000	391 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 116 000	1 405 000	1 833 000	2 003 000
Total Current Assets	6 339 000	5 848 000	4 773 000	5 064 000
Total Assets	7 456 000	7 254 000	6 606 000	7 067 000
Total Retained Equity	5 058 000	4 837 000	4 086 000	5 028 000
Total Equity	5 579 000	5 359 000	4 608 000	5 501 000
Total Long-Term Debt	159 000	220 000	280 000	307 000
Total Current Debt	1 717 000	1 674 000	1 719 000	1 259 000
Total Equity and Debt	7 456 000	7 254 000	6 606 000	7 067 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 069 000	11 020 000	9 602 000	8 394 000
Other Income	−296 000	212 000	265 000	189 000
Revenue	9 773 000	11 232 000	9 867 000	8 584 000
Cost of Goods Sold	3 248 000	3 834 000	4 280 000	2 869 000
Salary Costs	3 679 000	4 066 000	3 878 000	3 098 000
Depreciation	222 000	243 000	240 000	217 000
Impairment	0	0	0	0
Expenditure	9 466 000	10 231 000	10 564 000	8 282 000
Operating Profit	307 000	1 000 000	−695 000	302 000
Financial Income	16 000	−2 000	10 000	6 000
Financial Costs	40 000	35 000	47 000	43 000
Financial Balance	−24 000	−37 000	−37 000	−37 000
Dividends	0	0	0	0
Net Income	220 000	751 000	−570 000	391 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	206 000	268 000	480 000	331 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	128 000	167 000	141 000	126 000
Fixtures	737 000	903 000	1 105 000	1 121 000
Total Tangible Assets	864 000	1 070 000	1 246 000	1 247 000
Total Fiancial Fixed Assets	46 000	67 000	108 000	425 000
Total Fixed Assets	1 116 000	1 405 000	1 833 000	2 003 000
Stock	3 115 000	2 703 000	2 367 000	2 454 000
Total Investments	0	0	0	0
Cash, Bank	532 000	1 491 000	1 345 000	337 000
Total Current Assets	6 339 000	5 848 000	4 773 000	5 064 000
Total Assets	7 456 000	7 254 000	6 606 000	7 067 000
Total Equity	5 579 000	5 359 000	4 608 000	5 501 000
Short-Term Group Debt	0	0	372 000	0
Total Long-Term Debt	159 000	220 000	280 000	307 000
Creditors	486 000	502 000	257 000	352 000
Unpaid Taxes	462 000	569 000	525 000	417 000
Dividends	0	0	0	0
Other Current Debt	676 000	481 000	415 000	481 000
Total Current Debt	1 717 000	1 674 000	1 719 000	1 259 000
Total Equity and Debt	7 456 000	7 254 000	6 606 000	7 067 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,94 %	14,01 %	−12,37 %	7,11 %
Debt-to-Equity Ratio	0,03	0,04	0,06	0,06
Operating Profit Margin	3,14 %	8,9 %	−7,04 %	3,52 %
Current Ratio	3,69	3,49	2,78	4,02
Quick Ratio	−4,53	−5,68	−7,37	−4,24
Equity Ratio	0,75	0,74	0,7	0,78
Gross Profit Margin	66,77 %	65,87 %	56,62 %	66,58 %