ERVO HOLDING AS

7049 TRONDHEIM

Finances

Return on Equity

185,66 %

Current Ratio

1,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	971 000	6 327 000	1 326 000	1 234 000
Total Assets	1 786 000	2 139 000	1 970 000	1 896 000
Total Equity	523 000	544 000	717 000	590 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	32 000	37 000	17 000	22 000
Operating Profit	−32 000	−37 000	−17 000	−22 000
Financial Income	1 056 000	6 456 000	1 348 000	1 260 000
Financial Costs	52 000	58 000	0	0
Financial Balance	1 004 000	6 398 000	1 348 000	1 260 000
Earnings Before Tax	971 000	6 361 000	1 331 000	1 238 000
Tax	0	34 000	5 000	3 000
Net Income	971 000	6 327 000	1 326 000	1 234 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	13 000	13 000	13 000
Total Current Assets	1 774 000	2 126 000	1 957 000	1 883 000
Total Assets	1 786 000	2 139 000	1 970 000	1 896 000
Total Retained Equity	0	0	38 000	−88 000
Total Equity	523 000	544 000	717 000	590 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 264 000	1 595 000	1 253 000	1 305 000
Total Equity and Debt	1 786 000	2 139 000	1 970 000	1 896 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	32 000	37 000	17 000	22 000
Operating Profit	−32 000	−37 000	−17 000	−22 000
Financial Income	1 056 000	6 456 000	1 348 000	1 260 000
Financial Costs	52 000	58 000	0	0
Financial Balance	1 004 000	6 398 000	1 348 000	1 260 000
Dividends	1 193 000	6 500 000	1 200 000	1 250 000
Net Income	971 000	6 327 000	1 326 000	1 234 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	13 000	13 000	13 000	13 000
Total Fixed Assets	13 000	13 000	13 000	13 000
Stock	0	0	0	0
Total Investments	260 000	312 000	235 000	0
Cash, Bank	459 000	1 814 000	467 000	623 000
Total Current Assets	1 774 000	2 126 000	1 957 000	1 883 000
Total Assets	1 786 000	2 139 000	1 970 000	1 896 000
Total Equity	523 000	544 000	717 000	590 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	3 000
Unpaid Taxes	0	0	0	0
Dividends	1 193 000	6 500 000	1 200 000	1 250 000
Other Current Debt	71 000	60 000	49 000	49 000
Total Current Debt	1 264 000	1 595 000	1 253 000	1 305 000
Total Equity and Debt	1 786 000	2 139 000	1 970 000	1 896 000

Financial indicators	2022	2021	2020	2019
Return on Equity	185,66 %	1 163,05 %	184,94 %	209,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	1,4	1,33	1,56	1,44
Quick Ratio	1,4	1,33	1,56	1,44
Equity Ratio	0,29	0,25	0,36	0,31
Gross Profit Margin	-	-	-	-