ERIK MIDTRØD AS

5109 HYLKJE

Finances

Return on Equity

−13,38 %

Current Ratio

11,66

Debt-to-Equity Ratio

0,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	997 000	1 348 000	1 767 000	1 768 000
Net Income	−1 435 000	4 734 000	796 000	39 000
Total Assets	19 286 000	22 342 000	17 397 000	16 743 000
Total Equity	10 728 000	12 163 000	7 429 000	6 633 000

Income (NOK)	2022	2021	2020	2019
Revenue	997 000	1 348 000	1 767 000	1 768 000
Expenditure	2 966 000	3 116 000	2 849 000	2 837 000
Operating Profit	−1 968 000	−1 768 000	−1 082 000	−1 070 000
Financial Income	374 000	7 242 000	2 520 000	1 710 000
Financial Costs	232 000	253 000	299 000	454 000
Financial Balance	142 000	6 989 000	2 221 000	1 256 000
Earnings Before Tax	−1 826 000	5 221 000	1 139 000	186 000
Tax	−391 000	486 000	343 000	147 000
Net Income	−1 435 000	4 734 000	796 000	39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 682 000	14 879 000	12 456 000	13 056 000
Total Current Assets	4 604 000	7 463 000	4 940 000	3 687 000
Total Assets	19 286 000	22 342 000	17 397 000	16 743 000
Total Retained Equity	10 428 000	11 863 000	7 129 000	6 333 000
Total Equity	10 728 000	12 163 000	7 429 000	6 633 000
Total Long-Term Debt	8 163 000	8 233 000	8 304 000	8 375 000
Total Current Debt	395 000	1 946 000	1 664 000	1 735 000
Total Equity and Debt	19 286 000	22 342 000	17 397 000	16 743 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	997 000	912 000	1 767 000	1 768 000
Other Income	0	436 000	0	0
Revenue	997 000	1 348 000	1 767 000	1 768 000
Cost of Goods Sold	0	11 000	139 000	134 000
Salary Costs	1 597 000	1 477 000	1 406 000	1 442 000
Depreciation	601 000	581 000	654 000	657 000
Impairment	0	0	0	0
Expenditure	2 966 000	3 116 000	2 849 000	2 837 000
Operating Profit	−1 968 000	−1 768 000	−1 082 000	−1 070 000
Financial Income	374 000	7 242 000	2 520 000	1 710 000
Financial Costs	232 000	253 000	299 000	454 000
Financial Balance	142 000	6 989 000	2 221 000	1 256 000
Dividends	0	0	0	0
Net Income	−1 435 000	4 734 000	796 000	39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	425 000	33 000	61 000	8 000
Real Eastate	13 779 000	14 242 000	11 731 000	12 146 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	241 000	256 000	306 000	545 000
Total Tangible Assets	14 020 000	14 498 000	12 037 000	12 691 000
Total Fiancial Fixed Assets	238 000	348 000	358 000	358 000
Total Fixed Assets	14 682 000	14 879 000	12 456 000	13 056 000
Stock	0	0	10 000	20 000
Total Investments	3 107 000	2 696 000	2 285 000	1 875 000
Cash, Bank	1 271 000	428 000	33 000	46 000
Total Current Assets	4 604 000	7 463 000	4 940 000	3 687 000
Total Assets	19 286 000	22 342 000	17 397 000	16 743 000
Total Equity	10 728 000	12 163 000	7 429 000	6 633 000
Short-Term Group Debt	72 000	0	0	0
Total Long-Term Debt	8 163 000	8 233 000	8 304 000	8 375 000
Creditors	25 000	960 000	173 000	15 000
Unpaid Taxes	101 000	114 000	76 000	89 000
Dividends	0	0	0	0
Other Current Debt	196 000	414 000	100 000	170 000
Total Current Debt	395 000	1 946 000	1 664 000	1 735 000
Total Equity and Debt	19 286 000	22 342 000	17 397 000	16 743 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,38 %	38,92 %	10,71 %	0,59 %
Debt-to-Equity Ratio	0,76	0,68	1,12	1,26
Operating Profit Margin	−197,39 %	−131,16 %	−61,23 %	−60,52 %
Current Ratio	11,66	3,84	2,97	2,13
Quick Ratio	11,66	3,84	2,99	2,15
Equity Ratio	0,56	0,54	0,43	0,4
Gross Profit Margin	100 %	99,18 %	92,13 %	92,42 %