ERIKSEN ELEKTRO AS

9730 KARASJOK

Finances

Share Ownership

Return on Equity

22,34 %

Current Ratio

1,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 881 000	4 414 000	3 410 000	2 791 000
Net Income	340 000	668 000	257 000	482 000
Total Assets	3 102 000	3 424 000	2 766 000	2 714 000
Total Equity	1 522 000	1 182 000	2 301 000	2 045 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 881 000	4 414 000	3 410 000	2 791 000
Expenditure	5 444 000	3 723 000	3 084 000	2 178 000
Operating Profit	436 000	691 000	326 000	613 000
Financial Income	0	1 000	4 000	6 000
Financial Costs	1 000	2 000	1 000	1 000
Financial Balance	−1 000	−1 000	3 000	5 000
Earnings Before Tax	436 000	690 000	329 000	619 000
Tax	96 000	22 000	72 000	136 000
Net Income	340 000	668 000	257 000	482 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	617 000	625 000	413 000	66 000
Total Current Assets	2 485 000	2 799 000	2 353 000	2 647 000
Total Assets	3 102 000	3 424 000	2 766 000	2 714 000
Total Retained Equity	1 492 000	1 152 000	2 271 000	2 015 000
Total Equity	1 522 000	1 182 000	2 301 000	2 045 000
Total Long-Term Debt	4 000	9 000	7 000	0
Total Current Debt	1 576 000	2 232 000	457 000	669 000
Total Equity and Debt	3 102 000	3 424 000	2 766 000	2 714 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 881 000	4 414 000	3 405 000	2 791 000
Other Income	0	0	5 000	0
Revenue	5 881 000	4 414 000	3 410 000	2 791 000
Cost of Goods Sold	2 616 000	1 445 000	1 357 000	955 000
Salary Costs	1 827 000	1 352 000	1 048 000	657 000
Depreciation	172 000	137 000	37 000	25 000
Impairment	0	0	0	0
Expenditure	5 444 000	3 723 000	3 084 000	2 178 000
Operating Profit	436 000	691 000	326 000	613 000
Financial Income	0	1 000	4 000	6 000
Financial Costs	1 000	2 000	1 000	1 000
Financial Balance	−1 000	−1 000	3 000	5 000
Dividends	0	0	0	0
Net Income	340 000	668 000	257 000	482 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	4 000
Real Eastate	0	37 000	40 000	0
Machinery and Plant Facilities	318 000	315 000	373 000	62 000
Fixtures	262 000	273 000	0	0
Total Tangible Assets	580 000	625 000	413 000	62 000
Total Fiancial Fixed Assets	37 000	0	0	0
Total Fixed Assets	617 000	625 000	413 000	66 000
Stock	230 000	230 000	46 000	41 000
Total Investments	0	0	0	0
Cash, Bank	718 000	2 066 000	1 725 000	1 657 000
Total Current Assets	2 485 000	2 799 000	2 353 000	2 647 000
Total Assets	3 102 000	3 424 000	2 766 000	2 714 000
Total Equity	1 522 000	1 182 000	2 301 000	2 045 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	9 000	7 000	0
Creditors	129 000	192 000	209 000	201 000
Unpaid Taxes	374 000	134 000	129 000	190 000
Dividends	0	0	0	0
Other Current Debt	971 000	80 000	58 000	141 000
Total Current Debt	1 576 000	2 232 000	457 000	669 000
Total Equity and Debt	3 102 000	3 424 000	2 766 000	2 714 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,34 %	56,51 %	11,17 %	23,57 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	7,41 %	15,65 %	9,56 %	21,96 %
Current Ratio	1,58	1,25	5,15	3,96
Quick Ratio	1,85	1,4	5,73	4,21
Equity Ratio	0,49	0,35	0,83	0,75
Gross Profit Margin	55,52 %	67,26 %	60,21 %	65,78 %