TEAM ERIKSEN AS

9408 HARSTAD

Finances

Share Ownership

Return on Equity

14,27 %

Current Ratio

1,22

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 100 000	18 926 000	14 833 000	12 298 000
Net Income	210 000	439 000	522 000	428 000
Total Assets	7 269 000	4 387 000	3 047 000	1 949 000
Total Equity	1 472 000	1 262 000	823 000	1 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 100 000	18 926 000	14 833 000	12 298 000
Expenditure	17 826 000	18 355 000	14 169 000	12 029 000
Operating Profit	274 000	572 000	665 000	270 000
Financial Income	29 000	11 000	14 000	19 000
Financial Costs	30 000	19 000	9 000	34 000
Financial Balance	−1 000	−8 000	5 000	−15 000
Earnings Before Tax	273 000	564 000	670 000	255 000
Tax	63 000	125 000	147 000	−173 000
Net Income	210 000	439 000	522 000	428 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	679 000	768 000	488 000	376 000
Total Current Assets	6 590 000	3 619 000	2 559 000	1 573 000
Total Assets	7 269 000	4 387 000	3 047 000	1 949 000
Total Retained Equity	1 295 000	1 086 000	646 000	824 000
Total Equity	1 472 000	1 262 000	823 000	1 000 000
Total Long-Term Debt	414 000	422 000	0	0
Total Current Debt	5 383 000	2 703 000	2 224 000	949 000
Total Equity and Debt	7 269 000	4 387 000	3 047 000	1 949 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 348 000	18 926 000	14 811 000	12 266 000
Other Income	−248 000	0	22 000	33 000
Revenue	18 100 000	18 926 000	14 833 000	12 298 000
Cost of Goods Sold	10 435 000	9 697 000	7 086 000	6 217 000
Salary Costs	4 069 000	5 001 000	4 440 000	3 656 000
Depreciation	264 000	284 000	109 000	86 000
Impairment	0	0	0	0
Expenditure	17 826 000	18 355 000	14 169 000	12 029 000
Operating Profit	274 000	572 000	665 000	270 000
Financial Income	29 000	11 000	14 000	19 000
Financial Costs	30 000	19 000	9 000	34 000
Financial Balance	−1 000	−8 000	5 000	−15 000
Dividends	0	0	600 000	0
Net Income	210 000	439 000	522 000	428 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	48 000	173 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	679 000	768 000	440 000	163 000
Total Tangible Assets	679 000	768 000	440 000	163 000
Total Fiancial Fixed Assets	0	0	0	41 000
Total Fixed Assets	679 000	768 000	488 000	376 000
Stock	521 000	313 000	378 000	352 000
Total Investments	0	0	0	0
Cash, Bank	−118 000	530 000	1 044 000	502 000
Total Current Assets	6 590 000	3 619 000	2 559 000	1 573 000
Total Assets	7 269 000	4 387 000	3 047 000	1 949 000
Total Equity	1 472 000	1 262 000	823 000	1 000 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	414 000	422 000	0	0
Creditors	4 242 000	1 898 000	1 091 000	299 000
Unpaid Taxes	504 000	421 000	588 000	312 000
Dividends	0	0	600 000	0
Other Current Debt	637 000	383 000	−77 000	338 000
Total Current Debt	5 383 000	2 703 000	2 224 000	949 000
Total Equity and Debt	7 269 000	4 387 000	3 047 000	1 949 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,27 %	34,79 %	63,43 %	42,8 %
Debt-to-Equity Ratio	0,28	0,33	0	0
Operating Profit Margin	1,51 %	3,02 %	4,48 %	2,2 %
Current Ratio	1,22	1,34	1,15	1,66
Quick Ratio	1,36	1,51	1,39	2,63
Equity Ratio	0,2	0,29	0,27	0,51
Gross Profit Margin	42,35 %	48,76 %	52,23 %	49,45 %