ERLAND HANSEN AS

3915 PORSGRUNN

Finances

Return on Equity

79,15 %

Current Ratio

1,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 555 000	18 046 000	15 304 000	15 946 000
Net Income	873 000	1 187 000	1 066 000	1 096 000
Total Assets	4 142 000	4 366 000	3 629 000	3 211 000
Total Equity	1 103 000	980 000	593 000	1 227 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 555 000	18 046 000	15 304 000	15 946 000
Expenditure	17 430 000	16 510 000	13 889 000	14 483 000
Operating Profit	1 125 000	1 536 000	1 415 000	1 462 000
Financial Income	1 000	0	3 000	1 000
Financial Costs	0	0	2 000	2 000
Financial Balance	1 000	0	1 000	−1 000
Earnings Before Tax	1 125 000	1 536 000	1 415 000	1 462 000
Tax	252 000	349 000	349 000	366 000
Net Income	873 000	1 187 000	1 066 000	1 096 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	263 000	211 000	349 000	480 000
Total Current Assets	3 879 000	4 156 000	3 280 000	2 731 000
Total Assets	4 142 000	4 366 000	3 629 000	3 211 000
Total Retained Equity	972 000	849 000	462 000	1 096 000
Total Equity	1 103 000	980 000	593 000	1 227 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 039 000	3 386 000	3 036 000	1 984 000
Total Equity and Debt	4 142 000	4 366 000	3 629 000	3 211 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 546 000	18 041 000	15 246 000	15 931 000
Other Income	9 000	6 000	57 000	15 000
Revenue	18 555 000	18 046 000	15 304 000	15 946 000
Cost of Goods Sold	6 057 000	5 779 000	4 816 000	5 029 000
Salary Costs	6 016 000	5 453 000	4 514 000	4 450 000
Depreciation	152 000	170 000	280 000	337 000
Impairment	0	0	0	0
Expenditure	17 430 000	16 510 000	13 889 000	14 483 000
Operating Profit	1 125 000	1 536 000	1 415 000	1 462 000
Financial Income	1 000	0	3 000	1 000
Financial Costs	0	0	2 000	2 000
Financial Balance	1 000	0	1 000	−1 000
Dividends	750 000	800 000	1 700 000	248 000
Net Income	873 000	1 187 000	1 066 000	1 096 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 000	16 000	30 000	43 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	259 000	192 000	320 000	437 000
Total Tangible Assets	261 000	208 000	349 000	480 000
Total Fiancial Fixed Assets	2 000	2 000	0	0
Total Fixed Assets	263 000	211 000	349 000	480 000
Stock	335 000	240 000	322 000	309 000
Total Investments	2 000	2 000	2 000	2 000
Cash, Bank	3 313 000	3 745 000	2 795 000	2 189 000
Total Current Assets	3 879 000	4 156 000	3 280 000	2 731 000
Total Assets	4 142 000	4 366 000	3 629 000	3 211 000
Total Equity	1 103 000	980 000	593 000	1 227 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	813 000	1 000 000	821 000	783 000
Unpaid Taxes	579 000	573 000	535 000	417 000
Dividends	750 000	800 000	1 700 000	248 000
Other Current Debt	645 000	665 000	431 000	419 000
Total Current Debt	3 039 000	3 386 000	3 036 000	1 984 000
Total Equity and Debt	4 142 000	4 366 000	3 629 000	3 211 000

Financial indicators	2022	2021	2020	2019
Return on Equity	79,15 %	121,12 %	179,76 %	89,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,06 %	8,51 %	9,25 %	9,17 %
Current Ratio	1,28	1,23	1,08	1,38
Quick Ratio	1,43	1,32	1,21	1,63
Equity Ratio	0,27	0,22	0,16	0,38
Gross Profit Margin	67,36 %	67,98 %	68,53 %	68,46 %