ERIK MØRLAND HOLDING AS

4878 GRIMSTAD

Finances

Share Ownership

Return on Equity

23,27 %

Current Ratio

4,99

Debt-to-Equity Ratio

2,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	81 000	0	0	0
Net Income	731 000	2 961 000	584 000	9 000
Total Assets	14 873 000	4 177 000	1 403 000	1 469 000
Total Equity	3 142 000	3 161 000	850 000	766 000

Income (NOK)	2022	2021	2020	2019
Revenue	81 000	0	0	0
Expenditure	1 065 000	19 000	11 000	17 000
Operating Profit	−984 000	−19 000	−11 000	−17 000
Financial Income	1 516 000	3 001 000	600 000	29 000
Financial Costs	0	0	0	0
Financial Balance	1 516 000	3 001 000	600 000	29 000
Earnings Before Tax	532 000	2 982 000	589 000	12 000
Tax	−199 000	21 000	5 000	3 000
Net Income	731 000	2 961 000	584 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	199 000	4 062 000	808 000	1 422 000
Total Current Assets	14 674 000	115 000	596 000	47 000
Total Assets	14 873 000	4 177 000	1 403 000	1 469 000
Total Retained Equity	2 942 000	2 961 000	650 000	566 000
Total Equity	3 142 000	3 161 000	850 000	766 000
Total Long-Term Debt	8 792 000	0	4 000	0
Total Current Debt	2 939 000	1 016 000	549 000	703 000
Total Equity and Debt	14 873 000	4 177 000	1 403 000	1 469 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	81 000	0	0	0
Other Income	0	0	0	0
Revenue	81 000	0	0	0
Cost of Goods Sold	935 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 065 000	19 000	11 000	17 000
Operating Profit	−984 000	−19 000	−11 000	−17 000
Financial Income	1 516 000	3 001 000	600 000	29 000
Financial Costs	0	0	0	0
Financial Balance	1 516 000	3 001 000	600 000	29 000
Dividends	500 000	0	500 000	700 000
Net Income	731 000	2 961 000	584 000	9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	199 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	4 062 000	808 000	1 422 000
Total Fixed Assets	199 000	4 062 000	808 000	1 422 000
Stock	13 300 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 272 000	115 000	12 000	45 000
Total Current Assets	14 674 000	115 000	596 000	47 000
Total Assets	14 873 000	4 177 000	1 403 000	1 469 000
Total Equity	3 142 000	3 161 000	850 000	766 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 792 000	0	4 000	0
Creditors	18 000	4 000	0	0
Unpaid Taxes	19 000	0	0	0
Dividends	500 000	0	500 000	700 000
Other Current Debt	406 000	987 000	48 000	0
Total Current Debt	2 939 000	1 016 000	549 000	703 000
Total Equity and Debt	14 873 000	4 177 000	1 403 000	1 469 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,27 %	93,67 %	68,71 %	1,17 %
Debt-to-Equity Ratio	2,8	0	0	0
Operating Profit Margin	−1 214,81 %	-	-	-
Current Ratio	4,99	0,11	1,09	0,07
Quick Ratio	−1,42	0,11	1,09	0,07
Equity Ratio	0,21	0,76	0,61	0,52
Gross Profit Margin	−1 054,32 %	-	-	-