ERLING SEVERINSEN AS

5114 TERTNES

Finances

Return on Equity

1,81 %

Current Ratio

2 221,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	78 000	78 000	72 000	88 000
Net Income	497 000	2 751 000	1 506 000	2 447 000
Total Assets	27 487 000	28 998 000	31 038 000	29 600 000
Total Equity	27 479 000	28 981 000	31 031 000	29 525 000

Income (NOK)	2022	2021	2020	2019
Revenue	78 000	78 000	72 000	88 000
Expenditure	190 000	147 000	144 000	154 000
Operating Profit	−112 000	−69 000	−72 000	−66 000
Financial Income	618 000	2 832 000	1 586 000	2 586 000
Financial Costs	2 000	4 000	2 000	1 000
Financial Balance	616 000	2 828 000	1 584 000	2 585 000
Earnings Before Tax	504 000	2 760 000	1 512 000	2 519 000
Tax	7 000	9 000	6 000	72 000
Net Income	497 000	2 751 000	1 506 000	2 447 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 491 000	7 414 000	7 342 000	7 275 000
Total Current Assets	19 997 000	21 584 000	23 696 000	22 325 000
Total Assets	27 487 000	28 998 000	31 038 000	29 600 000
Total Retained Equity	26 959 000	28 461 000	30 511 000	29 005 000
Total Equity	27 479 000	28 981 000	31 031 000	29 525 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	9 000	16 000	8 000	74 000
Total Equity and Debt	27 487 000	28 998 000	31 038 000	29 600 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	78 000	78 000	72 000	88 000
Revenue	78 000	78 000	72 000	88 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	4 000	10 000
Impairment	0	0	0	0
Expenditure	190 000	147 000	144 000	154 000
Operating Profit	−112 000	−69 000	−72 000	−66 000
Financial Income	618 000	2 832 000	1 586 000	2 586 000
Financial Costs	2 000	4 000	2 000	1 000
Financial Balance	616 000	2 828 000	1 584 000	2 585 000
Dividends	0	0	0	0
Net Income	497 000	2 751 000	1 506 000	2 447 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 832 000	3 832 000	3 832 000	3 832 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	4 000
Total Tangible Assets	3 832 000	3 832 000	3 832 000	3 836 000
Total Fiancial Fixed Assets	3 659 000	3 582 000	3 511 000	3 439 000
Total Fixed Assets	7 491 000	7 414 000	7 342 000	7 275 000
Stock	0	0	0	0
Total Investments	18 991 000	18 489 000	23 133 000	21 771 000
Cash, Bank	1 006 000	3 095 000	472 000	554 000
Total Current Assets	19 997 000	21 584 000	23 696 000	22 325 000
Total Assets	27 487 000	28 998 000	31 038 000	29 600 000
Total Equity	27 479 000	28 981 000	31 031 000	29 525 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	0	5 000	1 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 000	2 000	0	2 000
Total Current Debt	9 000	16 000	8 000	74 000
Total Equity and Debt	27 487 000	28 998 000	31 038 000	29 600 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,81 %	9,49 %	4,85 %	8,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−143,59 %	−88,46 %	−100 %	−75 %
Current Ratio	2 221,89	1 349	2 962	301,69
Quick Ratio	2 221,89	1 349	2 962	301,69
Equity Ratio	1	1	1	1
Gross Profit Margin	100 %	100 %	100 %	100 %