ERIK W ANDERSEN AS

4034 STAVANGER

Finances

Share Ownership

Return on Equity

48,3 %

Current Ratio

1,26

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 972 000	7 600 000	6 913 000	8 085 000
Net Income	826 000	−111 000	−222 000	63 000
Total Assets	3 770 000	2 980 000	3 414 000	3 461 000
Total Equity	1 710 000	1 118 000	995 000	1 216 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 972 000	7 600 000	6 913 000	8 085 000
Expenditure	6 858 000	7 829 000	7 196 000	7 996 000
Operating Profit	1 114 000	−228 000	−284 000	89 000
Financial Income	26 000	81 000	38 000	20 000
Financial Costs	35 000	64 000	39 000	28 000
Financial Balance	−9 000	17 000	−1 000	−8 000
Earnings Before Tax	1 106 000	−211 000	−284 000	81 000
Tax	279 000	−100 000	−62 000	18 000
Net Income	826 000	−111 000	−222 000	63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 196 000	678 000	686 000	945 000
Total Current Assets	2 574 000	2 302 000	2 728 000	2 516 000
Total Assets	3 770 000	2 980 000	3 414 000	3 461 000
Total Retained Equity	1 376 000	784 000	895 000	1 116 000
Total Equity	1 710 000	1 118 000	995 000	1 216 000
Total Long-Term Debt	20 000	0	0	37 000
Total Current Debt	2 040 000	1 863 000	2 419 000	2 208 000
Total Equity and Debt	3 770 000	2 980 000	3 414 000	3 461 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 759 000	3 474 000	2 998 000	3 896 000
Other Income	5 213 000	4 127 000	3 915 000	4 189 000
Revenue	7 972 000	7 600 000	6 913 000	8 085 000
Cost of Goods Sold	2 104 000	2 695 000	2 219 000	2 867 000
Salary Costs	2 993 000	3 316 000	3 019 000	3 175 000
Depreciation	281 000	263 000	285 000	302 000
Impairment	0	0	0	0
Expenditure	6 858 000	7 829 000	7 196 000	7 996 000
Operating Profit	1 114 000	−228 000	−284 000	89 000
Financial Income	26 000	81 000	38 000	20 000
Financial Costs	35 000	64 000	39 000	28 000
Financial Balance	−9 000	17 000	−1 000	−8 000
Dividends	0	0	0	0
Net Income	826 000	−111 000	−222 000	63 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	21 000	26 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 196 000	657 000	660 000	945 000
Total Tangible Assets	1 196 000	657 000	660 000	945 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 196 000	678 000	686 000	945 000
Stock	30 000	59 000	69 000	70 000
Total Investments	473 000	462 000	406 000	0
Cash, Bank	1 314 000	826 000	637 000	1 507 000
Total Current Assets	2 574 000	2 302 000	2 728 000	2 516 000
Total Assets	3 770 000	2 980 000	3 414 000	3 461 000
Total Equity	1 710 000	1 118 000	995 000	1 216 000
Short-Term Group Debt	960 000	960 000	960 000	1 012 000
Total Long-Term Debt	20 000	0	0	37 000
Creditors	111 000	88 000	131 000	130 000
Unpaid Taxes	460 000	453 000	592 000	522 000
Dividends	0	0	0	0
Other Current Debt	353 000	361 000	737 000	507 000
Total Current Debt	2 040 000	1 863 000	2 419 000	2 208 000
Total Equity and Debt	3 770 000	2 980 000	3 414 000	3 461 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,3 %	−9,93 %	−22,31 %	5,18 %
Debt-to-Equity Ratio	0,01	0	0	0,03
Operating Profit Margin	13,97 %	−3 %	−4,11 %	1,1 %
Current Ratio	1,26	1,24	1,13	1,14
Quick Ratio	1,28	1,28	1,16	1,18
Equity Ratio	0,45	0,38	0,29	0,35
Gross Profit Margin	73,61 %	64,54 %	67,9 %	64,54 %