ERIK J. STENSHORNE AS

3320 VESTFOSSEN

Finances

Share Ownership

Return on Equity

18,66 %

Current Ratio

5,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 154 000	2 868 000	2 856 000	3 808 000
Net Income	894 000	−229 000	67 000	689 000
Total Assets	5 626 000	4 423 000	4 666 000	4 901 000
Total Equity	4 792 000	3 898 000	4 127 000	4 060 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 154 000	2 868 000	2 856 000	3 808 000
Expenditure	2 949 000	3 162 000	2 777 000	2 932 000
Operating Profit	1 205 000	−294 000	79 000	874 000
Financial Income	1 000	0	9 000	8 000
Financial Costs	0	0	2 000	0
Financial Balance	1 000	0	7 000	8 000
Earnings Before Tax	1 205 000	−293 000	86 000	883 000
Tax	311 000	−65 000	19 000	194 000
Net Income	894 000	−229 000	67 000	689 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 223 000	1 722 000	2 462 000	2 322 000
Total Current Assets	4 403 000	2 702 000	2 204 000	2 578 000
Total Assets	5 626 000	4 423 000	4 666 000	4 901 000
Total Retained Equity	4 762 000	3 868 000	4 097 000	4 030 000
Total Equity	4 792 000	3 898 000	4 127 000	4 060 000
Total Long-Term Debt	0	34 000	119 000	172 000
Total Current Debt	833 000	491 000	421 000	669 000
Total Equity and Debt	5 626 000	4 423 000	4 666 000	4 901 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 100 000	2 868 000	2 856 000	3 808 000
Other Income	54 000	0	0	0
Revenue	4 154 000	2 868 000	2 856 000	3 808 000
Cost of Goods Sold	682 000	442 000	370 000	564 000
Salary Costs	902 000	1 487 000	1 129 000	1 178 000
Depreciation	788 000	797 000	746 000	614 000
Impairment	0	0	0	0
Expenditure	2 949 000	3 162 000	2 777 000	2 932 000
Operating Profit	1 205 000	−294 000	79 000	874 000
Financial Income	1 000	0	9 000	8 000
Financial Costs	0	0	2 000	0
Financial Balance	1 000	0	7 000	8 000
Dividends	0	0	0	300 000
Net Income	894 000	−229 000	67 000	689 000

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	1 223 000	1 722 000	2 462 000	2 322 000
Total Tangible Assets	1 223 000	1 722 000	2 462 000	2 322 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 223 000	1 722 000	2 462 000	2 322 000
Stock	15 000	15 000	15 000	15 000
Total Investments	0	0	0	0
Cash, Bank	3 592 000	1 446 000	1 406 000	2 325 000
Total Current Assets	4 403 000	2 702 000	2 204 000	2 578 000
Total Assets	5 626 000	4 423 000	4 666 000	4 901 000
Total Equity	4 792 000	3 898 000	4 127 000	4 060 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	34 000	119 000	172 000
Creditors	36 000	43 000	13 000	92 000
Unpaid Taxes	374 000	297 000	218 000	204 000
Dividends	0	0	0	300 000
Other Current Debt	78 000	131 000	117 000	131 000
Total Current Debt	833 000	491 000	421 000	669 000
Total Equity and Debt	5 626 000	4 423 000	4 666 000	4 901 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,66 %	−5,87 %	1,62 %	16,97 %
Debt-to-Equity Ratio	0	0,01	0,03	0,04
Operating Profit Margin	29,01 %	−10,25 %	2,77 %	22,95 %
Current Ratio	5,29	5,5	5,24	3,85
Quick Ratio	5,38	5,68	5,43	3,94
Equity Ratio	0,85	0,88	0,88	0,83
Gross Profit Margin	83,58 %	84,59 %	87,04 %	85,19 %