ERLING NILSEN MANAGEMENT AS

3478 NÆRSNES

Finances

Return on Equity

−3,1 %

Current Ratio

78,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 303 000	2 266 000	1 201 000	1 473 000
Net Income	−764 000	−6 807 000	1 318 000	736 000
Total Assets	24 905 000	27 514 000	37 411 000	38 928 000
Total Equity	24 682 000	27 046 000	36 853 000	38 835 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 303 000	2 266 000	1 201 000	1 473 000
Expenditure	2 943 000	7 941 000	1 950 000	2 612 000
Operating Profit	−1 641 000	−5 674 000	−749 000	−1 139 000
Financial Income	1 033 000	814 000	2 433 000	3 203 000
Financial Costs	164 000	1 867 000	49 000	1 378 000
Financial Balance	869 000	−1 053 000	2 384 000	1 825 000
Earnings Before Tax	−772 000	−6 727 000	1 636 000	686 000
Tax	−8 000	80 000	317 000	−50 000
Net Income	−764 000	−6 807 000	1 318 000	736 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 424 000	6 546 000	30 727 000	28 456 000
Total Current Assets	17 481 000	20 968 000	6 684 000	10 472 000
Total Assets	24 905 000	27 514 000	37 411 000	38 928 000
Total Retained Equity	24 582 000	26 946 000	36 753 000	38 735 000
Total Equity	24 682 000	27 046 000	36 853 000	38 835 000
Total Long-Term Debt	0	8 000	252 000	0
Total Current Debt	223 000	460 000	305 000	93 000
Total Equity and Debt	24 905 000	27 514 000	37 411 000	38 928 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 303 000	2 266 000	1 201 000	1 473 000
Other Income	0	0	0	0
Revenue	1 303 000	2 266 000	1 201 000	1 473 000
Cost of Goods Sold	1 130 000	3 000	0	0
Salary Costs	290 000	223 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 943 000	7 941 000	1 950 000	2 612 000
Operating Profit	−1 641 000	−5 674 000	−749 000	−1 139 000
Financial Income	1 033 000	814 000	2 433 000	3 203 000
Financial Costs	164 000	1 867 000	49 000	1 378 000
Financial Balance	869 000	−1 053 000	2 384 000	1 825 000
Dividends	1 600 000	3 000 000	3 300 000	9 100 000
Net Income	−764 000	−6 807 000	1 318 000	736 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	300 000	300 000	300 000	300 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	300 000	300 000	300 000	300 000
Total Fiancial Fixed Assets	7 124 000	6 246 000	30 427 000	28 156 000
Total Fixed Assets	7 424 000	6 546 000	30 727 000	28 456 000
Stock	0	0	0	0
Total Investments	17 036 000	18 461 000	5 502 000	6 098 000
Cash, Bank	245 000	2 255 000	1 045 000	2 027 000
Total Current Assets	17 481 000	20 968 000	6 684 000	10 472 000
Total Assets	24 905 000	27 514 000	37 411 000	38 928 000
Total Equity	24 682 000	27 046 000	36 853 000	38 835 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	8 000	252 000	0
Creditors	145 000	10 000	27 000	50 000
Unpaid Taxes	40 000	47 000	38 000	43 000
Dividends	1 600 000	3 000 000	3 300 000	9 100 000
Other Current Debt	38 000	79 000	175 000	0
Total Current Debt	223 000	460 000	305 000	93 000
Total Equity and Debt	24 905 000	27 514 000	37 411 000	38 928 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,1 %	−25,17 %	3,58 %	1,9 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	−125,94 %	−250,4 %	−62,36 %	−77,33 %
Current Ratio	78,39	45,58	21,91	112,6
Quick Ratio	78,39	45,58	21,91	112,6
Equity Ratio	0,99	0,98	0,99	1
Gross Profit Margin	13,28 %	99,87 %	100 %	100 %