ERIK LANDE HOLDING AS

4580 LYNGDAL

Finances

Return on Equity

58,64 %

Current Ratio

5,96

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	89 000	0	23 000	15 000
Net Income	2 253 000	593 000	358 000	437 000
Total Assets	5 027 000	4 369 000	2 245 000	2 489 000
Total Equity	3 842 000	1 589 000	995 000	1 037 000

Income (NOK)	2022	2021	2020	2019
Revenue	89 000	0	23 000	15 000
Expenditure	48 000	32 000	25 000	27 000
Operating Profit	41 000	−32 000	−2 000	−12 000
Financial Income	2 751 000	750 000	400 000	499 000
Financial Costs	535 000	124 000	40 000	51 000
Financial Balance	2 216 000	626 000	360 000	448 000
Earnings Before Tax	2 256 000	593 000	358 000	437 000
Tax	3 000	0	0	0
Net Income	2 253 000	593 000	358 000	437 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 500 000	3 733 000	2 133 000	2 058 000
Total Current Assets	1 527 000	637 000	113 000	431 000
Total Assets	5 027 000	4 369 000	2 245 000	2 489 000
Total Retained Equity	3 742 000	1 489 000	895 000	937 000
Total Equity	3 842 000	1 589 000	995 000	1 037 000
Total Long-Term Debt	929 000	1 081 000	1 250 000	1 450 000
Total Current Debt	256 000	1 700 000	0	1 000
Total Equity and Debt	5 027 000	4 369 000	2 245 000	2 489 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	89 000	0	23 000	15 000
Other Income	0	0	0	0
Revenue	89 000	0	23 000	15 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	48 000	32 000	25 000	27 000
Operating Profit	41 000	−32 000	−2 000	−12 000
Financial Income	2 751 000	750 000	400 000	499 000
Financial Costs	535 000	124 000	40 000	51 000
Financial Balance	2 216 000	626 000	360 000	448 000
Dividends	0	0	0	0
Net Income	2 253 000	593 000	358 000	437 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 500 000	3 733 000	2 133 000	2 058 000
Total Fixed Assets	3 500 000	3 733 000	2 133 000	2 058 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	380 000	551 000	17 000	127 000
Total Current Assets	1 527 000	637 000	113 000	431 000
Total Assets	5 027 000	4 369 000	2 245 000	2 489 000
Total Equity	3 842 000	1 589 000	995 000	1 037 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	929 000	1 081 000	1 250 000	1 450 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	253 000	1 700 000	0	1 000
Total Current Debt	256 000	1 700 000	0	1 000
Total Equity and Debt	5 027 000	4 369 000	2 245 000	2 489 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,64 %	37,32 %	35,98 %	42,14 %
Debt-to-Equity Ratio	0,24	0,68	1,26	1,4
Operating Profit Margin	46,07 %	-	−8,7 %	−80 %
Current Ratio	5,96	0,37	-	431
Quick Ratio	5,96	0,37	-	431
Equity Ratio	0,76	0,36	0,44	0,42
Gross Profit Margin	100 %	-	100 %	100 %