ERIKSEN EIENDOM AS

4827 FROLANDS VERK

Finances

Return on Equity

−4,28 %

Current Ratio

1,1

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	983 000	3 902 000	1 392 000	4 465 000
Net Income	−127 000	930 000	429 000	324 000
Total Assets	5 450 000	7 211 000	6 812 000	7 059 000
Total Equity	2 966 000	3 093 000	2 163 000	1 734 000

Income (NOK)	2022	2021	2020	2019
Revenue	983 000	3 902 000	1 392 000	4 465 000
Expenditure	1 024 000	2 616 000	767 000	3 963 000
Operating Profit	−41 000	1 287 000	626 000	502 000
Financial Income	0	0	0	0
Financial Costs	119 000	96 000	77 000	87 000
Financial Balance	−119 000	−96 000	−77 000	−87 000
Earnings Before Tax	−160 000	1 192 000	549 000	415 000
Tax	−33 000	262 000	121 000	91 000
Net Income	−127 000	930 000	429 000	324 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 821 000	64 000	199 000	433 000
Total Current Assets	1 629 000	7 146 000	6 613 000	6 626 000
Total Assets	5 450 000	7 211 000	6 812 000	7 059 000
Total Retained Equity	2 538 000	2 665 000	1 735 000	1 307 000
Total Equity	2 966 000	3 093 000	2 163 000	1 734 000
Total Long-Term Debt	1 000 000	2 000 000	1 550 000	1 550 000
Total Current Debt	1 484 000	2 118 000	3 099 000	3 775 000
Total Equity and Debt	5 450 000	7 211 000	6 812 000	7 059 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	983 000	3 902 000	1 392 000	0
Other Income	0	0	0	4 465 000
Revenue	983 000	3 902 000	1 392 000	4 465 000
Cost of Goods Sold	230 000	2 422 000	351 000	3 065 000
Salary Costs	0	−10 000	136 000	245 000
Depreciation	431 000	20 000	13 000	41 000
Impairment	0	0	0	0
Expenditure	1 024 000	2 616 000	767 000	3 963 000
Operating Profit	−41 000	1 287 000	626 000	502 000
Financial Income	0	0	0	0
Financial Costs	119 000	96 000	77 000	87 000
Financial Balance	−119 000	−96 000	−77 000	−87 000
Dividends	0	0	0	0
Net Income	−127 000	930 000	429 000	324 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	75 000	25 000	132 000	253 000
Real Eastate	1 916 000	0	0	0
Machinery and Plant Facilities	19 000	24 000	52 000	147 000
Fixtures	1 704 000	0	0	17 000
Total Tangible Assets	3 639 000	24 000	52 000	165 000
Total Fiancial Fixed Assets	107 000	15 000	15 000	15 000
Total Fixed Assets	3 821 000	64 000	199 000	433 000
Stock	0	4 578 000	3 988 000	3 779 000
Total Investments	0	0	0	0
Cash, Bank	985 000	1 226 000	558 000	152 000
Total Current Assets	1 629 000	7 146 000	6 613 000	6 626 000
Total Assets	5 450 000	7 211 000	6 812 000	7 059 000
Total Equity	2 966 000	3 093 000	2 163 000	1 734 000
Short-Term Group Debt	0	0	0	71 000
Total Long-Term Debt	1 000 000	2 000 000	1 550 000	1 550 000
Creditors	5 000	0	78 000	50 000
Unpaid Taxes	66 000	0	3 004 000	28 000
Dividends	0	0	0	0
Other Current Debt	1 395 000	1 963 000	16 000	3 626 000
Total Current Debt	1 484 000	2 118 000	3 099 000	3 775 000
Total Equity and Debt	5 450 000	7 211 000	6 812 000	7 059 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,28 %	30,07 %	19,83 %	18,69 %
Debt-to-Equity Ratio	0,34	0,65	0,72	0,89
Operating Profit Margin	−4,17 %	32,98 %	44,97 %	11,24 %
Current Ratio	1,1	3,37	2,13	1,76
Quick Ratio	1,1	−2,9	−7,44	−1 656,5
Equity Ratio	0,54	0,43	0,32	0,25
Gross Profit Margin	76,6 %	37,93 %	74,78 %	31,35 %