MALERFIRMA ERIK HAVENSTRØM AS

3942 PORSGRUNN

Finances

Share Ownership

Return on Equity

15,63 %

Current Ratio

0,64

Debt-to-Equity Ratio

−0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 940 000	1 384 000	1 412 000	2 049 000
Net Income	−25 000	−21 000	−248 000	70 000
Total Assets	313 000	238 000	301 000	592 000
Total Equity	−160 000	−135 000	−114 000	134 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 940 000	1 384 000	1 412 000	2 049 000
Expenditure	1 956 000	1 391 000	1 664 000	1 960 000
Operating Profit	−16 000	−8 000	−252 000	89 000
Financial Income	0	0	0	0
Financial Costs	10 000	14 000	7 000	9 000
Financial Balance	−10 000	−14 000	−7 000	−9 000
Earnings Before Tax	−25 000	−21 000	−258 000	81 000
Tax	0	0	−11 000	11 000
Net Income	−25 000	−21 000	−248 000	70 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 000	54 000	79 000	104 000
Total Current Assets	283 000	183 000	222 000	488 000
Total Assets	313 000	238 000	301 000	592 000
Total Retained Equity	−260 000	−235 000	−214 000	34 000
Total Equity	−160 000	−135 000	−114 000	134 000
Total Long-Term Debt	32 000	55 000	81 000	108 000
Total Current Debt	440 000	317 000	334 000	350 000
Total Equity and Debt	313 000	238 000	301 000	592 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 940 000	1 384 000	1 412 000	2 045 000
Other Income	0	0	0	4 000
Revenue	1 940 000	1 384 000	1 412 000	2 049 000
Cost of Goods Sold	441 000	373 000	230 000	542 000
Salary Costs	1 221 000	699 000	1 148 000	1 163 000
Depreciation	25 000	25 000	25 000	23 000
Impairment	0	0	0	0
Expenditure	1 956 000	1 391 000	1 664 000	1 960 000
Operating Profit	−16 000	−8 000	−252 000	89 000
Financial Income	0	0	0	0
Financial Costs	10 000	14 000	7 000	9 000
Financial Balance	−10 000	−14 000	−7 000	−9 000
Dividends	0	0	0	0
Net Income	−25 000	−21 000	−248 000	70 000

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	29 000	54 000	79 000	104 000
Total Tangible Assets	29 000	54 000	79 000	104 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	29 000	54 000	79 000	104 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	82 000	44 000	139 000	321 000
Total Current Assets	283 000	183 000	222 000	488 000
Total Assets	313 000	238 000	301 000	592 000
Total Equity	−160 000	−135 000	−114 000	134 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	32 000	55 000	81 000	108 000
Creditors	67 000	60 000	21 000	46 000
Unpaid Taxes	168 000	77 000	135 000	180 000
Dividends	0	0	0	0
Other Current Debt	203 000	106 000	178 000	118 000
Total Current Debt	440 000	317 000	334 000	350 000
Total Equity and Debt	313 000	238 000	301 000	592 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,63 %	15,56 %	217,54 %	52,24 %
Debt-to-Equity Ratio	−0,2	−0,41	−0,71	0,81
Operating Profit Margin	−0,82 %	−0,58 %	−17,85 %	4,34 %
Current Ratio	0,64	0,58	0,66	1,39
Quick Ratio	0,64	0,58	0,66	1,39
Equity Ratio	−0,51	−0,57	−0,38	0,23
Gross Profit Margin	77,27 %	73,05 %	83,71 %	73,55 %