ERLING HØRGÅRD AS

1337 SANDVIKA

Finances

Share Ownership

Return on Equity

−2,61 %

Current Ratio

2,34

Debt-to-Equity Ratio

0,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 720 000	1 970 000	2 001 000	2 557 000
Net Income	−121 000	−415 000	−449 000	−27 000
Total Assets	8 923 000	9 088 000	9 501 000	9 972 000
Total Equity	4 637 000	4 758 000	5 173 000	5 622 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 720 000	1 970 000	2 001 000	2 557 000
Expenditure	1 809 000	2 451 000	2 501 000	2 522 000
Operating Profit	−88 000	−481 000	−499 000	35 000
Financial Income	0	0	2 000	1 000
Financial Costs	67 000	51 000	79 000	70 000
Financial Balance	−67 000	−51 000	−77 000	−69 000
Earnings Before Tax	−155 000	−533 000	−575 000	−34 000
Tax	−34 000	−117 000	−127 000	−8 000
Net Income	−121 000	−415 000	−449 000	−27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 836 000	7 932 000	8 029 000	8 126 000
Total Current Assets	1 087 000	1 156 000	1 472 000	1 846 000
Total Assets	8 923 000	9 088 000	9 501 000	9 972 000
Total Retained Equity	3 665 000	3 786 000	4 201 000	4 650 000
Total Equity	4 637 000	4 758 000	5 173 000	5 622 000
Total Long-Term Debt	3 821 000	3 789 000	3 854 000	3 902 000
Total Current Debt	464 000	542 000	474 000	448 000
Total Equity and Debt	8 923 000	9 088 000	9 501 000	9 972 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 720 000	1 877 000	1 936 000	2 557 000
Other Income	0	93 000	65 000	0
Revenue	1 720 000	1 970 000	2 001 000	2 557 000
Cost of Goods Sold	221 000	323 000	556 000	529 000
Salary Costs	1 118 000	1 186 000	1 084 000	1 101 000
Depreciation	97 000	97 000	97 000	97 000
Impairment	0	0	0	0
Expenditure	1 809 000	2 451 000	2 501 000	2 522 000
Operating Profit	−88 000	−481 000	−499 000	35 000
Financial Income	0	0	2 000	1 000
Financial Costs	67 000	51 000	79 000	70 000
Financial Balance	−67 000	−51 000	−77 000	−69 000
Dividends	0	0	0	0
Net Income	−121 000	−415 000	−449 000	−27 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 737 000	7 834 000	7 931 000	8 028 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 737 000	7 834 000	7 931 000	8 028 000
Total Fiancial Fixed Assets	98 000	98 000	98 000	98 000
Total Fixed Assets	7 836 000	7 932 000	8 029 000	8 126 000
Stock	628 000	693 000	699 000	849 000
Total Investments	0	0	0	0
Cash, Bank	226 000	250 000	542 000	487 000
Total Current Assets	1 087 000	1 156 000	1 472 000	1 846 000
Total Assets	8 923 000	9 088 000	9 501 000	9 972 000
Total Equity	4 637 000	4 758 000	5 173 000	5 622 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 821 000	3 789 000	3 854 000	3 902 000
Creditors	6 000	60 000	8 000	6 000
Unpaid Taxes	113 000	109 000	116 000	119 000
Dividends	0	0	0	0
Other Current Debt	346 000	373 000	350 000	323 000
Total Current Debt	464 000	542 000	474 000	448 000
Total Equity and Debt	8 923 000	9 088 000	9 501 000	9 972 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,61 %	−8,72 %	−8,68 %	−0,48 %
Debt-to-Equity Ratio	0,82	0,8	0,75	0,69
Operating Profit Margin	−5,12 %	−24,42 %	−24,94 %	1,37 %
Current Ratio	2,34	2,13	3,11	4,12
Quick Ratio	−6,63	−7,66	−6,54	−4,6
Equity Ratio	0,52	0,52	0,54	0,56
Gross Profit Margin	87,15 %	83,6 %	72,21 %	79,31 %