ERINE AS

4103 JØRPELAND

Finances

Return on Equity

−14,44 %

Current Ratio

4,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 822 000	9 482 000	9 056 000	8 370 000
Net Income	−265 000	53 000	327 000	−290 000
Total Assets	7 176 000	7 473 000	7 603 000	7 165 000
Total Equity	1 835 000	2 099 000	2 364 000	2 037 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 822 000	9 482 000	9 056 000	8 370 000
Expenditure	7 973 000	9 456 000	8 565 000	8 463 000
Operating Profit	−151 000	25 000	491 000	−93 000
Financial Income	1 000	2 000	2 000	1 000
Financial Costs	9 000	49 000	74 000	234 000
Financial Balance	−8 000	−47 000	−72 000	−233 000
Earnings Before Tax	−159 000	−22 000	419 000	−326 000
Tax	105 000	−75 000	92 000	−36 000
Net Income	−265 000	53 000	327 000	−290 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	127 000	30 000	94 000
Total Current Assets	7 159 000	7 346 000	7 573 000	7 071 000
Total Assets	7 176 000	7 473 000	7 603 000	7 165 000
Total Retained Equity	635 000	899 000	1 164 000	837 000
Total Equity	1 835 000	2 099 000	2 364 000	2 037 000
Total Long-Term Debt	3 668 000	3 622 000	3 578 000	3 549 000
Total Current Debt	1 674 000	1 753 000	1 661 000	1 579 000
Total Equity and Debt	7 176 000	7 473 000	7 603 000	7 165 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 822 000	9 482 000	9 056 000	8 370 000
Other Income	0	0	0	0
Revenue	7 822 000	9 482 000	9 056 000	8 370 000
Cost of Goods Sold	4 545 000	5 785 000	5 141 000	4 883 000
Salary Costs	1 895 000	2 167 000	1 942 000	2 052 000
Depreciation	5 000	1 000	50 000	125 000
Impairment	0	0	0	0
Expenditure	7 973 000	9 456 000	8 565 000	8 463 000
Operating Profit	−151 000	25 000	491 000	−93 000
Financial Income	1 000	2 000	2 000	1 000
Financial Costs	9 000	49 000	74 000	234 000
Financial Balance	−8 000	−47 000	−72 000	−233 000
Dividends	0	0	0	0
Net Income	−265 000	53 000	327 000	−290 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	105 000	30 000	44 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 000	22 000	0	50 000
Total Tangible Assets	17 000	22 000	0	50 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 000	127 000	30 000	94 000
Stock	5 912 000	5 684 000	5 514 000	5 147 000
Total Investments	0	0	0	0
Cash, Bank	1 029 000	1 574 000	1 923 000	1 715 000
Total Current Assets	7 159 000	7 346 000	7 573 000	7 071 000
Total Assets	7 176 000	7 473 000	7 603 000	7 165 000
Total Equity	1 835 000	2 099 000	2 364 000	2 037 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 668 000	3 622 000	3 578 000	3 549 000
Creditors	492 000	584 000	360 000	400 000
Unpaid Taxes	469 000	507 000	564 000	530 000
Dividends	0	0	0	0
Other Current Debt	713 000	662 000	659 000	649 000
Total Current Debt	1 674 000	1 753 000	1 661 000	1 579 000
Total Equity and Debt	7 176 000	7 473 000	7 603 000	7 165 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,44 %	2,53 %	13,83 %	−14,24 %
Debt-to-Equity Ratio	2	1,73	1,51	1,74
Operating Profit Margin	−1,93 %	0,26 %	5,42 %	−1,11 %
Current Ratio	4,28	4,19	4,56	4,48
Quick Ratio	−1,69	−1,87	−1,97	−1,98
Equity Ratio	0,26	0,28	0,31	0,28
Gross Profit Margin	41,89 %	38,99 %	43,23 %	41,66 %