ERIKSEN ELECTRIC POWER SYSTEMS AS

1394 NESBRU

Finances

Share Ownership

Return on Equity

0,78 %

Current Ratio

1,84

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	452 000	300 000	3 013 000	489 000
Net Income	68 000	66 000	2 111 000	55 000
Total Assets	11 886 000	9 184 000	9 138 000	10 657 000
Total Equity	8 750 000	8 682 000	8 616 000	6 505 000

Income (NOK)	2022	2021	2020	2019
Revenue	452 000	300 000	3 013 000	489 000
Expenditure	287 000	219 000	309 000	357 000
Operating Profit	165 000	82 000	2 704 000	133 000
Financial Income	3 000	3 000	2 000	1 000
Financial Costs	81 000	0	93 000	78 000
Financial Balance	−78 000	3 000	−91 000	−77 000
Earnings Before Tax	87 000	85 000	2 614 000	55 000
Tax	19 000	19 000	503 000	0
Net Income	68 000	66 000	2 111 000	55 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 678 000	7 212 000	7 212 000	10 499 000
Total Current Assets	208 000	1 971 000	1 925 000	158 000
Total Assets	11 886 000	9 184 000	9 138 000	10 657 000
Total Retained Equity	8 650 000	8 582 000	8 516 000	6 405 000
Total Equity	8 750 000	8 682 000	8 616 000	6 505 000
Total Long-Term Debt	3 022 000	366 000	457 000	4 130 000
Total Current Debt	113 000	136 000	64 000	22 000
Total Equity and Debt	11 886 000	9 184 000	9 138 000	10 657 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	452 000	300 000	3 013 000	489 000
Revenue	452 000	300 000	3 013 000	489 000
Cost of Goods Sold	0	0	0	7 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	287 000	219 000	309 000	357 000
Operating Profit	165 000	82 000	2 704 000	133 000
Financial Income	3 000	3 000	2 000	1 000
Financial Costs	81 000	0	93 000	78 000
Financial Balance	−78 000	3 000	−91 000	−77 000
Dividends	0	0	0	0
Net Income	68 000	66 000	2 111 000	55 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 664 000	7 198 000	7 198 000	10 485 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 000	14 000	14 000	14 000
Total Tangible Assets	11 678 000	7 212 000	7 212 000	10 499 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 678 000	7 212 000	7 212 000	10 499 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	208 000	1 971 000	1 925 000	158 000
Total Current Assets	208 000	1 971 000	1 925 000	158 000
Total Assets	11 886 000	9 184 000	9 138 000	10 657 000
Total Equity	8 750 000	8 682 000	8 616 000	6 505 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 022 000	366 000	457 000	4 130 000
Creditors	10 000	16 000	19 000	10 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	11 000	10 000	0	12 000
Total Current Debt	113 000	136 000	64 000	22 000
Total Equity and Debt	11 886 000	9 184 000	9 138 000	10 657 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,78 %	0,76 %	24,5 %	0,85 %
Debt-to-Equity Ratio	0,35	0,04	0,05	0,63
Operating Profit Margin	36,5 %	27,33 %	89,74 %	27,2 %
Current Ratio	1,84	14,49	30,08	7,18
Quick Ratio	1,84	14,49	30,08	7,18
Equity Ratio	0,74	0,95	0,94	0,61
Gross Profit Margin	100 %	100 %	100 %	98,57 %