MALERMESTER PÅL-ANDRE ERIKSEN AS

1711 SARPSBORG

Finances

Return on Equity

66,07 %

Current Ratio

1,06

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 203 000	11 380 000	12 135 000	11 577 000
Net Income	409 000	−53 000	161 000	59 000
Total Assets	3 505 000	3 096 000	3 046 000	4 060 000
Total Equity	619 000	461 000	513 000	352 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 203 000	11 380 000	12 135 000	11 577 000
Expenditure	12 663 000	11 407 000	11 865 000	11 441 000
Operating Profit	541 000	−27 000	269 000	137 000
Financial Income	5 000	1 000	17 000	2 000
Financial Costs	15 000	26 000	53 000	62 000
Financial Balance	−10 000	−25 000	−36 000	−60 000
Earnings Before Tax	531 000	−53 000	233 000	77 000
Tax	123 000	0	71 000	17 000
Net Income	409 000	−53 000	161 000	59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	545 000	748 000	431 000	581 000
Total Current Assets	2 960 000	2 348 000	2 615 000	3 478 000
Total Assets	3 505 000	3 096 000	3 046 000	4 060 000
Total Retained Equity	519 000	361 000	413 000	252 000
Total Equity	619 000	461 000	513 000	352 000
Total Long-Term Debt	93 000	317 000	569 000	844 000
Total Current Debt	2 792 000	2 319 000	1 964 000	2 863 000
Total Equity and Debt	3 505 000	3 096 000	3 046 000	4 060 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 191 000	11 295 000	12 032 000	11 407 000
Other Income	12 000	85 000	103 000	170 000
Revenue	13 203 000	11 380 000	12 135 000	11 577 000
Cost of Goods Sold	3 048 000	2 681 000	2 967 000	2 982 000
Salary Costs	7 385 000	6 589 000	6 736 000	6 548 000
Depreciation	229 000	239 000	164 000	157 000
Impairment	0	0	0	0
Expenditure	12 663 000	11 407 000	11 865 000	11 441 000
Operating Profit	541 000	−27 000	269 000	137 000
Financial Income	5 000	1 000	17 000	2 000
Financial Costs	15 000	26 000	53 000	62 000
Financial Balance	−10 000	−25 000	−36 000	−60 000
Dividends	250 000	0	0	0
Net Income	409 000	−53 000	161 000	59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	19 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	520 000	711 000	382 000	501 000
Total Tangible Assets	520 000	711 000	382 000	501 000
Total Fiancial Fixed Assets	25 000	37 000	49 000	61 000
Total Fixed Assets	545 000	748 000	431 000	581 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 908 000	1 207 000	1 828 000	504 000
Total Current Assets	2 960 000	2 348 000	2 615 000	3 478 000
Total Assets	3 505 000	3 096 000	3 046 000	4 060 000
Total Equity	619 000	461 000	513 000	352 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	93 000	317 000	569 000	844 000
Creditors	366 000	496 000	447 000	996 000
Unpaid Taxes	821 000	632 000	778 000	833 000
Dividends	250 000	0	0	0
Other Current Debt	1 483 000	1 191 000	687 000	1 034 000
Total Current Debt	2 792 000	2 319 000	1 964 000	2 863 000
Total Equity and Debt	3 505 000	3 096 000	3 046 000	4 060 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,07 %	−11,5 %	31,38 %	16,76 %
Debt-to-Equity Ratio	0,15	0,69	1,11	2,4
Operating Profit Margin	4,1 %	−0,24 %	2,22 %	1,18 %
Current Ratio	1,06	1,01	1,33	1,21
Quick Ratio	1,06	1,01	1,33	1,21
Equity Ratio	0,18	0,15	0,17	0,09
Gross Profit Margin	76,91 %	76,44 %	75,55 %	74,24 %