ERIK BORGERSEN HOLDING AS

3302 HOKKSUND

Finances

Return on Equity

16,71 %

Current Ratio

20,91

Debt-to-Equity Ratio

1,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	456 080 000	5 808 000	13 568 000	34 794 000
Net Income	60 848 000	9 663 000	5 855 000	36 089 000
Total Assets	1 109 787 000	313 509 000	309 055 000	310 879 000
Total Equity	364 248 000	304 855 000	302 192 000	302 337 000

Income (NOK)	2022	2021	2020	2019
Revenue	456 080 000	5 808 000	13 568 000	34 794 000
Expenditure	392 104 000	653 000	458 000	223 000
Operating Profit	63 976 000	5 155 000	13 111 000	34 570 000
Financial Income	11 499 000	6 050 000	3 931 000	1 956 000
Financial Costs	151 000	0	10 429 000	1 000
Financial Balance	11 348 000	6 050 000	−6 498 000	1 955 000
Earnings Before Tax	75 324 000	11 205 000	6 613 000	36 526 000
Tax	14 477 000	1 543 000	758 000	436 000
Net Income	60 848 000	9 663 000	5 855 000	36 089 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	205 811 000	270 410 000	230 758 000	170 259 000
Total Current Assets	903 976 000	43 099 000	78 297 000	140 620 000
Total Assets	1 109 787 000	313 509 000	309 055 000	310 879 000
Total Retained Equity	363 512 000	304 118 000	301 456 000	301 601 000
Total Equity	364 248 000	304 855 000	302 192 000	302 337 000
Total Long-Term Debt	702 298 000	0	0	0
Total Current Debt	43 241 000	8 654 000	6 863 000	8 541 000
Total Equity and Debt	1 109 787 000	313 509 000	309 055 000	310 879 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	447 522 000	0	0	0
Other Income	8 558 000	5 808 000	13 568 000	34 794 000
Revenue	456 080 000	5 808 000	13 568 000	34 794 000
Cost of Goods Sold	380 711 000	0	0	0
Salary Costs	8 587 000	0	0	0
Depreciation	391 000	0	0	0
Impairment	0	0	0	0
Expenditure	392 104 000	653 000	458 000	223 000
Operating Profit	63 976 000	5 155 000	13 111 000	34 570 000
Financial Income	11 499 000	6 050 000	3 931 000	1 956 000
Financial Costs	151 000	0	10 429 000	1 000
Financial Balance	11 348 000	6 050 000	−6 498 000	1 955 000
Dividends	0	7 000 000	6 000 000	15 000 000
Net Income	60 848 000	9 663 000	5 855 000	36 089 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	138 227 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	138 227 000	0	0	0
Total Fiancial Fixed Assets	67 585 000	270 410 000	230 758 000	170 259 000
Total Fixed Assets	205 811 000	270 410 000	230 758 000	170 259 000
Stock	446 177 000	0	0	0
Total Investments	29 993 000	40 572 000	34 201 000	135 762 000
Cash, Bank	49 969 000	2 528 000	43 564 000	3 279 000
Total Current Assets	903 976 000	43 099 000	78 297 000	140 620 000
Total Assets	1 109 787 000	313 509 000	309 055 000	310 879 000
Total Equity	364 248 000	304 855 000	302 192 000	302 337 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	702 298 000	0	0	0
Creditors	27 588 000	3 000	8 000	21 000
Unpaid Taxes	1 014 000	0	0	0
Dividends	0	7 000 000	6 000 000	15 000 000
Other Current Debt	6 389 000	108 000	97 000	84 000
Total Current Debt	43 241 000	8 654 000	6 863 000	8 541 000
Total Equity and Debt	1 109 787 000	313 509 000	309 055 000	310 879 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,71 %	3,17 %	1,94 %	11,94 %
Debt-to-Equity Ratio	1,93	0	0	0
Operating Profit Margin	14,03 %	88,76 %	96,63 %	99,36 %
Current Ratio	20,91	4,98	11,41	16,46
Quick Ratio	−2,24	4,98	11,41	16,46
Equity Ratio	0,33	0,97	0,98	0,97
Gross Profit Margin	16,53 %	100 %	100 %	100 %