ERICHSEN & WOLD AS

1364 FORNEBU

Finances

Return on Equity

−3,84 %

Current Ratio

13,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 000	8 000	716 000	302 000
Net Income	−291 000	5 432 000	−11 482 000	1 921 000
Total Assets	8 167 000	13 930 000	11 949 000	25 292 000
Total Equity	7 587 000	9 066 000	7 552 000	22 158 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 000	8 000	716 000	302 000
Expenditure	273 000	299 000	17 667 000	376 000
Operating Profit	−268 000	−291 000	−16 950 000	−74 000
Financial Income	2 521 000	6 599 000	5 026 000	2 191 000
Financial Costs	2 544 000	875 000	158 000	88 000
Financial Balance	−23 000	5 724 000	4 868 000	2 103 000
Earnings Before Tax	−291 000	5 432 000	−12 082 000	2 029 000
Tax	0	0	−600 000	108 000
Net Income	−291 000	5 432 000	−11 482 000	1 921 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	217 000	217 000	242 000	20 295 000
Total Current Assets	7 950 000	13 713 000	11 707 000	4 997 000
Total Assets	8 167 000	13 930 000	11 949 000	25 292 000
Total Retained Equity	35 000	1 514 000	0	16 673 000
Total Equity	7 587 000	9 066 000	7 552 000	22 158 000
Total Long-Term Debt	0	0	0	600 000
Total Current Debt	580 000	4 864 000	4 397 000	2 534 000
Total Equity and Debt	8 167 000	13 930 000	11 949 000	25 292 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 000	8 000	8 000	10 000
Other Income	0	0	709 000	292 000
Revenue	5 000	8 000	716 000	302 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	273 000	299 000	17 667 000	376 000
Operating Profit	−268 000	−291 000	−16 950 000	−74 000
Financial Income	2 521 000	6 599 000	5 026 000	2 191 000
Financial Costs	2 544 000	875 000	158 000	88 000
Financial Balance	−23 000	5 724 000	4 868 000	2 103 000
Dividends	1 188 000	3 919 000	0	1 000 000
Net Income	−291 000	5 432 000	−11 482 000	1 921 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	3 087 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	3 087 000
Total Fiancial Fixed Assets	217 000	217 000	242 000	17 208 000
Total Fixed Assets	217 000	217 000	242 000	20 295 000
Stock	0	0	0	0
Total Investments	5 576 000	8 308 000	5 484 000	4 739 000
Cash, Bank	2 374 000	5 405 000	6 223 000	258 000
Total Current Assets	7 950 000	13 713 000	11 707 000	4 997 000
Total Assets	8 167 000	13 930 000	11 949 000	25 292 000
Total Equity	7 587 000	9 066 000	7 552 000	22 158 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	600 000
Creditors	80 000	7 000	40 000	0
Unpaid Taxes	0	0	0	0
Dividends	1 188 000	3 919 000	0	1 000 000
Other Current Debt	0	2 857 000	4 357 000	1 534 000
Total Current Debt	580 000	4 864 000	4 397 000	2 534 000
Total Equity and Debt	8 167 000	13 930 000	11 949 000	25 292 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,84 %	59,92 %	−152,04 %	8,67 %
Debt-to-Equity Ratio	0	0	0	0,03
Operating Profit Margin	−5 360 %	−3 637,5 %	−2 367,32 %	−24,5 %
Current Ratio	13,71	2,82	2,66	1,97
Quick Ratio	13,71	2,82	2,66	1,97
Equity Ratio	0,93	0,65	0,63	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %