FOTO ERIK AS

5527 HAUGESUND

Finances

Return on Equity

13,72 %

Current Ratio

1,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 897 000	9 423 000	9 384 000	8 040 000
Net Income	303 000	895 000	1 224 000	303 000
Total Assets	4 365 000	4 756 000	5 364 000	3 349 000
Total Equity	2 209 000	1 906 000	1 879 000	1 855 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 897 000	9 423 000	9 384 000	8 040 000
Expenditure	8 509 000	8 282 000	7 826 000	7 652 000
Operating Profit	387 000	1 141 000	1 558 000	388 000
Financial Income	2 000	7 000	11 000	1 000
Financial Costs	0	1 000	1 000	0
Financial Balance	2 000	6 000	10 000	1 000
Earnings Before Tax	389 000	1 147 000	1 569 000	388 000
Tax	85 000	252 000	345 000	85 000
Net Income	303 000	895 000	1 224 000	303 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	278 000	396 000	515 000	186 000
Total Current Assets	4 087 000	4 360 000	4 849 000	3 163 000
Total Assets	4 365 000	4 756 000	5 364 000	3 349 000
Total Retained Equity	2 109 000	1 806 000	1 779 000	1 755 000
Total Equity	2 209 000	1 906 000	1 879 000	1 855 000
Total Long-Term Debt	11 000	18 000	17 000	0
Total Current Debt	2 145 000	2 833 000	3 468 000	1 494 000
Total Equity and Debt	4 365 000	4 756 000	5 364 000	3 349 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 551 000	9 231 000	9 312 000	8 040 000
Other Income	347 000	192 000	72 000	0
Revenue	8 897 000	9 423 000	9 384 000	8 040 000
Cost of Goods Sold	4 531 000	4 767 000	4 796 000	4 565 000
Salary Costs	2 196 000	2 010 000	1 732 000	2 066 000
Depreciation	118 000	119 000	64 000	26 000
Impairment	0	0	0	0
Expenditure	8 509 000	8 282 000	7 826 000	7 652 000
Operating Profit	387 000	1 141 000	1 558 000	388 000
Financial Income	2 000	7 000	11 000	1 000
Financial Costs	0	1 000	1 000	0
Financial Balance	2 000	6 000	10 000	1 000
Dividends	0	400 000	1 200 000	400 000
Net Income	303 000	895 000	1 224 000	303 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	271 000	389 000	508 000	172 000
Total Tangible Assets	271 000	389 000	508 000	172 000
Total Fiancial Fixed Assets	7 000	7 000	7 000	7 000
Total Fixed Assets	278 000	396 000	515 000	186 000
Stock	3 282 000	2 591 000	2 470 000	2 668 000
Total Investments	0	0	0	0
Cash, Bank	748 000	1 746 000	2 327 000	427 000
Total Current Assets	4 087 000	4 360 000	4 849 000	3 163 000
Total Assets	4 365 000	4 756 000	5 364 000	3 349 000
Total Equity	2 209 000	1 906 000	1 879 000	1 855 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 000	18 000	17 000	0
Creditors	912 000	1 205 000	1 303 000	467 000
Unpaid Taxes	299 000	233 000	389 000	198 000
Dividends	0	400 000	1 200 000	400 000
Other Current Debt	841 000	874 000	255 000	354 000
Total Current Debt	2 145 000	2 833 000	3 468 000	1 494 000
Total Equity and Debt	4 365 000	4 756 000	5 364 000	3 349 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,72 %	46,96 %	65,14 %	16,33 %
Debt-to-Equity Ratio	0	0,01	0,01	0
Operating Profit Margin	4,35 %	12,11 %	16,6 %	4,83 %
Current Ratio	1,91	1,54	1,4	2,12
Quick Ratio	−3,59	18,02	4,86	−2,69
Equity Ratio	0,51	0,4	0,35	0,55
Gross Profit Margin	49,07 %	49,41 %	48,89 %	43,22 %