ERLAND A. MODAL HOLDING AS

2150 ÅRNES

Finances

Return on Equity

6,06 %

Current Ratio

2,59

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 311 000	1 609 000	1 362 000	1 467 000
Net Income	44 000	52 000	69 000	107 000
Total Assets	1 085 000	1 119 000	1 114 000	873 000
Total Equity	726 000	720 000	668 000	600 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 311 000	1 609 000	1 362 000	1 467 000
Expenditure	1 251 000	1 535 000	1 270 000	1 330 000
Operating Profit	61 000	74 000	92 000	137 000
Financial Income	3 000	0	0	1 000
Financial Costs	5 000	5 000	8 000	0
Financial Balance	−2 000	−5 000	−8 000	1 000
Earnings Before Tax	59 000	69 000	84 000	138 000
Tax	15 000	17 000	15 000	31 000
Net Income	44 000	52 000	69 000	107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	350 000	149 000	178 000	1 000
Total Current Assets	735 000	970 000	936 000	872 000
Total Assets	1 085 000	1 119 000	1 114 000	873 000
Total Retained Equity	696 000	690 000	638 000	570 000
Total Equity	726 000	720 000	668 000	600 000
Total Long-Term Debt	75 000	106 000	137 000	0
Total Current Debt	284 000	292 000	309 000	274 000
Total Equity and Debt	1 085 000	1 119 000	1 114 000	873 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 311 000	1 609 000	1 362 000	1 466 000
Other Income	0	1 000	0	1 000
Revenue	1 311 000	1 609 000	1 362 000	1 467 000
Cost of Goods Sold	3 000	75 000	31 000	56 000
Salary Costs	804 000	987 000	820 000	850 000
Depreciation	29 000	29 000	29 000	0
Impairment	0	0	0	0
Expenditure	1 251 000	1 535 000	1 270 000	1 330 000
Operating Profit	61 000	74 000	92 000	137 000
Financial Income	3 000	0	0	1 000
Financial Costs	5 000	5 000	8 000	0
Financial Balance	−2 000	−5 000	−8 000	1 000
Dividends	0	0	0	0
Net Income	44 000	52 000	69 000	107 000

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	120 000	149 000	178 000	0
Total Tangible Assets	120 000	149 000	178 000	0
Total Fiancial Fixed Assets	230 000	0	0	1 000
Total Fixed Assets	350 000	149 000	178 000	1 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	647 000	903 000	860 000	781 000
Total Current Assets	735 000	970 000	936 000	872 000
Total Assets	1 085 000	1 119 000	1 114 000	873 000
Total Equity	726 000	720 000	668 000	600 000
Short-Term Group Debt	50 000	0	0	0
Total Long-Term Debt	75 000	106 000	137 000	0
Creditors	35 000	36 000	39 000	33 000
Unpaid Taxes	97 000	151 000	181 000	134 000
Dividends	0	0	0	0
Other Current Debt	100 000	89 000	74 000	76 000
Total Current Debt	284 000	292 000	309 000	274 000
Total Equity and Debt	1 085 000	1 119 000	1 114 000	873 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,06 %	7,22 %	10,33 %	17,83 %
Debt-to-Equity Ratio	0,1	0,15	0,21	0
Operating Profit Margin	4,65 %	4,6 %	6,75 %	9,34 %
Current Ratio	2,59	3,32	3,03	3,18
Quick Ratio	2,59	3,32	3,03	3,18
Equity Ratio	0,67	0,64	0,6	0,69
Gross Profit Margin	99,77 %	95,34 %	97,72 %	96,18 %