KÅRE ERIKSEN AS

4848 ARENDAL

Finances

Share Ownership

Return on Equity

32,13 %

Current Ratio

1,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 960 000	23 472 000	32 345 000	24 436 000
Net Income	1 150 000	133 000	−782 000	64 000
Total Assets	8 056 000	6 481 000	8 722 000	6 263 000
Total Equity	3 579 000	2 429 000	2 296 000	2 066 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 960 000	23 472 000	32 345 000	24 436 000
Expenditure	39 481 000	23 270 000	33 364 000	24 011 000
Operating Profit	1 477 000	193 000	−1 279 000	107 000
Financial Income	19 000	0	250 000	1 000
Financial Costs	18 000	22 000	43 000	26 000
Financial Balance	1 000	−22 000	207 000	−25 000
Earnings Before Tax	1 479 000	171 000	−1 071 000	82 000
Tax	329 000	38 000	−289 000	18 000
Net Income	1 150 000	133 000	−782 000	64 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	260 000	609 000	1 059 000	1 381 000
Total Current Assets	7 796 000	5 872 000	7 664 000	4 882 000
Total Assets	8 056 000	6 481 000	8 722 000	6 263 000
Total Retained Equity	2 527 000	1 377 000	1 243 000	2 026 000
Total Equity	3 579 000	2 429 000	2 296 000	2 066 000
Total Long-Term Debt	0	0	59 000	243 000
Total Current Debt	4 477 000	4 052 000	6 367 000	3 954 000
Total Equity and Debt	8 056 000	6 481 000	8 722 000	6 263 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 960 000	23 017 000	32 339 000	24 436 000
Other Income	0	455 000	6 000	0
Revenue	40 960 000	23 472 000	32 345 000	24 436 000
Cost of Goods Sold	27 622 000	12 974 000	21 690 000	12 439 000
Salary Costs	9 094 000	7 933 000	8 873 000	9 044 000
Depreciation	66 000	126 000	200 000	255 000
Impairment	0	0	0	0
Expenditure	39 481 000	23 270 000	33 364 000	24 011 000
Operating Profit	1 477 000	193 000	−1 279 000	107 000
Financial Income	19 000	0	250 000	1 000
Financial Costs	18 000	22 000	43 000	26 000
Financial Balance	1 000	−22 000	207 000	−25 000
Dividends	0	0	0	0
Net Income	1 150 000	133 000	−782 000	64 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	93 000	422 000	459 000	170 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	83 000	105 000	467 000	775 000
Fixtures	69 000	64 000	109 000	157 000
Total Tangible Assets	168 000	188 000	600 000	961 000
Total Fiancial Fixed Assets	0	0	0	250 000
Total Fixed Assets	260 000	609 000	1 059 000	1 381 000
Stock	0	1 235 000	950 000	1 315 000
Total Investments	0	0	0	0
Cash, Bank	1 927 000	279 000	326 000	199 000
Total Current Assets	7 796 000	5 872 000	7 664 000	4 882 000
Total Assets	8 056 000	6 481 000	8 722 000	6 263 000
Total Equity	3 579 000	2 429 000	2 296 000	2 066 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	59 000	243 000
Creditors	1 776 000	2 449 000	4 487 000	1 458 000
Unpaid Taxes	1 686 000	795 000	1 093 000	1 012 000
Dividends	0	0	0	0
Other Current Debt	1 015 000	736 000	788 000	1 484 000
Total Current Debt	4 477 000	4 052 000	6 367 000	3 954 000
Total Equity and Debt	8 056 000	6 481 000	8 722 000	6 263 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,13 %	5,48 %	−34,06 %	3,1 %
Debt-to-Equity Ratio	0	0	0,03	0,12
Operating Profit Margin	3,61 %	0,82 %	−3,95 %	0,44 %
Current Ratio	1,74	1,45	1,2	1,23
Quick Ratio	1,74	2,08	1,41	1,85
Equity Ratio	0,44	0,37	0,26	0,33
Gross Profit Margin	32,56 %	44,73 %	32,94 %	49,1 %