HÅKON STENSRUD ERIKSTAD AS

1639 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

8,71 %

Current Ratio

1,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	71 066 000	82 749 000	85 334 000	60 133 000
Net Income	155 000	949 000	1 531 000	494 000
Total Assets	8 671 000	10 366 000	11 843 000	8 266 000
Total Equity	1 780 000	2 025 000	2 576 000	2 545 000

Income (NOK)	2022	2021	2020	2019
Revenue	71 066 000	82 749 000	85 334 000	60 133 000
Expenditure	70 924 000	81 553 000	83 389 000	59 532 000
Operating Profit	140 000	1 196 000	1 944 000	603 000
Financial Income	60 000	22 000	24 000	37 000
Financial Costs	0	0	0	0
Financial Balance	60 000	22 000	24 000	37 000
Earnings Before Tax	201 000	1 219 000	1 967 000	639 000
Tax	45 000	270 000	437 000	145 000
Net Income	155 000	949 000	1 531 000	494 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	570 000	746 000	1 163 000	1 769 000
Total Current Assets	8 101 000	9 620 000	10 680 000	6 496 000
Total Assets	8 671 000	10 366 000	11 843 000	8 266 000
Total Retained Equity	1 280 000	1 525 000	2 076 000	2 045 000
Total Equity	1 780 000	2 025 000	2 576 000	2 545 000
Total Long-Term Debt	0	0	43 000	122 000
Total Current Debt	6 890 000	8 341 000	9 225 000	5 599 000
Total Equity and Debt	8 671 000	10 366 000	11 843 000	8 266 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	69 244 000	81 390 000	84 034 000	58 728 000
Other Income	1 822 000	1 359 000	1 300 000	1 406 000
Revenue	71 066 000	82 749 000	85 334 000	60 133 000
Cost of Goods Sold	59 403 000	69 344 000	71 425 000	50 093 000
Salary Costs	4 470 000	4 464 000	4 123 000	3 468 000
Depreciation	583 000	610 000	602 000	603 000
Impairment	0	0	0	0
Expenditure	70 924 000	81 553 000	83 389 000	59 532 000
Operating Profit	140 000	1 196 000	1 944 000	603 000
Financial Income	60 000	22 000	24 000	37 000
Financial Costs	0	0	0	0
Financial Balance	60 000	22 000	24 000	37 000
Dividends	400 000	1 500 000	1 500 000	400 000
Net Income	155 000	949 000	1 531 000	494 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	116 000	42 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	454 000	704 000	1 163 000	1 769 000
Total Tangible Assets	454 000	704 000	1 163 000	1 769 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	570 000	746 000	1 163 000	1 769 000
Stock	3 725 000	3 197 000	3 860 000	3 371 000
Total Investments	0	0	0	0
Cash, Bank	3 866 000	5 781 000	6 102 000	2 826 000
Total Current Assets	8 101 000	9 620 000	10 680 000	6 496 000
Total Assets	8 671 000	10 366 000	11 843 000	8 266 000
Total Equity	1 780 000	2 025 000	2 576 000	2 545 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	43 000	122 000
Creditors	4 962 000	4 945 000	5 906 000	3 831 000
Unpaid Taxes	364 000	455 000	313 000	310 000
Dividends	400 000	1 500 000	1 500 000	400 000
Other Current Debt	1 045 000	1 087 000	990 000	847 000
Total Current Debt	6 890 000	8 341 000	9 225 000	5 599 000
Total Equity and Debt	8 671 000	10 366 000	11 843 000	8 266 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,71 %	46,86 %	59,43 %	19,41 %
Debt-to-Equity Ratio	0	0	0,02	0,05
Operating Profit Margin	0,2 %	1,45 %	2,28 %	1 %
Current Ratio	1,18	1,15	1,16	1,16
Quick Ratio	2,56	1,87	1,99	2,92
Equity Ratio	0,21	0,2	0,22	0,31
Gross Profit Margin	16,41 %	16,2 %	16,3 %	16,7 %