Ing.Erik Haarseth A/S

1162 OSLO

Finances

Return on Equity

−82,69 %

Current Ratio

0,94

Debt-to-Equity Ratio

4,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 277 000	2 883 000	4 130 000	4 647 000
Net Income	−43 000	3 000	65 000	−83 000
Total Assets	1 005 000	1 154 000	807 000	1 395 000
Total Equity	52 000	95 000	92 000	27 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 277 000	2 883 000	4 130 000	4 647 000
Expenditure	3 298 000	2 866 000	4 028 000	4 679 000
Operating Profit	−21 000	17 000	101 000	−32 000
Financial Income	2 000	3 000	1 000	7 000
Financial Costs	24 000	18 000	38 000	58 000
Financial Balance	−22 000	−15 000	−37 000	−51 000
Earnings Before Tax	−43 000	3 000	65 000	−83 000
Tax	0	0	0	0
Net Income	−43 000	3 000	65 000	−83 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	350 000	479 000	275 000	448 000
Total Current Assets	655 000	675 000	532 000	947 000
Total Assets	1 005 000	1 154 000	807 000	1 395 000
Total Retained Equity	−48 000	−5 000	−8 000	−73 000
Total Equity	52 000	95 000	92 000	27 000
Total Long-Term Debt	259 000	358 000	202 000	361 000
Total Current Debt	694 000	701 000	513 000	1 006 000
Total Equity and Debt	1 005 000	1 154 000	807 000	1 395 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 144 000	2 778 000	4 099 000	4 567 000
Other Income	133 000	105 000	31 000	80 000
Revenue	3 277 000	2 883 000	4 130 000	4 647 000
Cost of Goods Sold	1 083 000	857 000	1 950 000	2 451 000
Salary Costs	1 266 000	1 190 000	1 285 000	1 340 000
Depreciation	129 000	125 000	118 000	150 000
Impairment	0	0	0	0
Expenditure	3 298 000	2 866 000	4 028 000	4 679 000
Operating Profit	−21 000	17 000	101 000	−32 000
Financial Income	2 000	3 000	1 000	7 000
Financial Costs	24 000	18 000	38 000	58 000
Financial Balance	−22 000	−15 000	−37 000	−51 000
Dividends	0	0	0	0
Net Income	−43 000	3 000	65 000	−83 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 000	5 000	5 000	5 000
Machinery and Plant Facilities	0	1 000	10 000	18 000
Fixtures	317 000	445 000	233 000	397 000
Total Tangible Assets	323 000	452 000	248 000	420 000
Total Fiancial Fixed Assets	27 000	27 000	27 000	27 000
Total Fixed Assets	350 000	479 000	275 000	448 000
Stock	472 000	524 000	452 000	512 000
Total Investments	0	0	0	0
Cash, Bank	53 000	52 000	51 000	54 000
Total Current Assets	655 000	675 000	532 000	947 000
Total Assets	1 005 000	1 154 000	807 000	1 395 000
Total Equity	52 000	95 000	92 000	27 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	259 000	358 000	202 000	361 000
Creditors	82 000	70 000	123 000	121 000
Unpaid Taxes	157 000	121 000	177 000	211 000
Dividends	0	0	0	0
Other Current Debt	121 000	112 000	134 000	137 000
Total Current Debt	694 000	701 000	513 000	1 006 000
Total Equity and Debt	1 005 000	1 154 000	807 000	1 395 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−82,69 %	3,16 %	70,65 %	−307,41 %
Debt-to-Equity Ratio	4,98	3,77	2,2	13,37
Operating Profit Margin	−0,64 %	0,59 %	2,45 %	−0,69 %
Current Ratio	0,94	0,96	1,04	0,94
Quick Ratio	2,95	3,81	8,72	1,92
Equity Ratio	0,05	0,08	0,11	0,02
Gross Profit Margin	66,95 %	70,27 %	52,78 %	47,26 %