MALERFIRMA ERIK LANDAAS AS

5225 NESTTUN

Finances

Share Ownership

Return on Equity

22,51 %

Current Ratio

1,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 840 000	7 416 000	6 398 000	5 410 000
Net Income	201 000	596 000	532 000	123 000
Total Assets	2 165 000	2 638 000	1 784 000	1 131 000
Total Equity	893 000	1 027 000	581 000	49 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 840 000	7 416 000	6 398 000	5 410 000
Expenditure	6 636 000	6 687 000	5 716 000	5 240 000
Operating Profit	204 000	729 000	682 000	170 000
Financial Income	3 000	2 000	2 000	2 000
Financial Costs	0	1 000	2 000	27 000
Financial Balance	3 000	1 000	0	−25 000
Earnings Before Tax	206 000	730 000	681 000	145 000
Tax	5 000	134 000	149 000	21 000
Net Income	201 000	596 000	532 000	123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	204 000	271 000	344 000	221 000
Total Current Assets	1 961 000	2 367 000	1 440 000	909 000
Total Assets	2 165 000	2 638 000	1 784 000	1 131 000
Total Retained Equity	733 000	867 000	421 000	−111 000
Total Equity	893 000	1 027 000	581 000	49 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 272 000	1 611 000	1 203 000	1 081 000
Total Equity and Debt	2 165 000	2 638 000	1 784 000	1 131 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 840 000	7 401 000	6 396 000	5 410 000
Other Income	0	14 000	2 000	0
Revenue	6 840 000	7 416 000	6 398 000	5 410 000
Cost of Goods Sold	1 738 000	1 498 000	1 132 000	864 000
Salary Costs	4 212 000	4 448 000	3 796 000	3 430 000
Depreciation	69 000	72 000	89 000	100 000
Impairment	0	0	0	0
Expenditure	6 636 000	6 687 000	5 716 000	5 240 000
Operating Profit	204 000	729 000	682 000	170 000
Financial Income	3 000	2 000	2 000	2 000
Financial Costs	0	1 000	2 000	27 000
Financial Balance	3 000	1 000	0	−25 000
Dividends	335 000	150 000	0	0
Net Income	201 000	596 000	532 000	123 000

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	202 000	271 000	344 000	221 000
Total Tangible Assets	202 000	271 000	344 000	221 000
Total Fiancial Fixed Assets	2 000	0	0	0
Total Fixed Assets	204 000	271 000	344 000	221 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 603 000	1 601 000	887 000	437 000
Total Current Assets	1 961 000	2 367 000	1 440 000	909 000
Total Assets	2 165 000	2 638 000	1 784 000	1 131 000
Total Equity	893 000	1 027 000	581 000	49 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	246 000	425 000	197 000	102 000
Unpaid Taxes	571 000	614 000	546 000	466 000
Dividends	335 000	150 000	0	0
Other Current Debt	450 000	438 000	311 000	491 000
Total Current Debt	1 272 000	1 611 000	1 203 000	1 081 000
Total Equity and Debt	2 165 000	2 638 000	1 784 000	1 131 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,51 %	58,03 %	91,57 %	251,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,98 %	9,83 %	10,66 %	3,14 %
Current Ratio	1,54	1,47	1,2	0,84
Quick Ratio	1,54	1,47	1,2	0,84
Equity Ratio	0,41	0,39	0,33	0,04
Gross Profit Margin	74,59 %	79,8 %	82,31 %	84,03 %