ERGO FINANS AS

4610 KRISTIANSAND S

Finances

Return on Equity

−11,19 %

Current Ratio

2,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 000	60 000	85 000	79 000
Net Income	−2 051 000	6 384 000	−418 000	2 811 000
Total Assets	21 347 000	22 095 000	16 519 000	16 951 000
Total Equity	18 335 000	20 385 000	16 501 000	16 919 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 000	60 000	85 000	79 000
Expenditure	168 000	135 000	133 000	165 000
Operating Profit	−107 000	−75 000	−48 000	−85 000
Financial Income	123 000	6 961 000	736 000	2 907 000
Financial Costs	2 089 000	517 000	1 096 000	9 000
Financial Balance	−1 966 000	6 444 000	−360 000	2 898 000
Earnings Before Tax	−2 074 000	6 369 000	−407 000	2 812 000
Tax	−23 000	−16 000	11 000	1 000
Net Income	−2 051 000	6 384 000	−418 000	2 811 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 660 000	11 576 000	9 717 000	12 148 000
Total Current Assets	8 686 000	10 518 000	6 801 000	4 803 000
Total Assets	21 347 000	22 095 000	16 519 000	16 951 000
Total Retained Equity	17 679 000	19 730 000	15 846 000	16 263 000
Total Equity	18 335 000	20 385 000	16 501 000	16 919 000
Total Long-Term Debt	0	1 628 000	0	0
Total Current Debt	3 012 000	81 000	18 000	32 000
Total Equity and Debt	21 347 000	22 095 000	16 519 000	16 951 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	25 000	19 000
Other Income	60 000	60 000	60 000	60 000
Revenue	60 000	60 000	85 000	79 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	62 000	62 000	62 000	62 000
Impairment	0	0	0	0
Expenditure	168 000	135 000	133 000	165 000
Operating Profit	−107 000	−75 000	−48 000	−85 000
Financial Income	123 000	6 961 000	736 000	2 907 000
Financial Costs	2 089 000	517 000	1 096 000	9 000
Financial Balance	−1 966 000	6 444 000	−360 000	2 898 000
Dividends	0	2 500 000	0	0
Net Income	−2 051 000	6 384 000	−418 000	2 811 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	52 000	29 000	14 000	18 000
Real Eastate	2 768 000	2 829 000	2 891 000	2 952 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 768 000	2 829 000	2 891 000	2 952 000
Total Fiancial Fixed Assets	9 841 000	8 718 000	6 813 000	9 178 000
Total Fixed Assets	12 660 000	11 576 000	9 717 000	12 148 000
Stock	0	0	0	0
Total Investments	4 476 000	4 048 000	0	0
Cash, Bank	1 702 000	3 668 000	3 968 000	2 154 000
Total Current Assets	8 686 000	10 518 000	6 801 000	4 803 000
Total Assets	21 347 000	22 095 000	16 519 000	16 951 000
Total Equity	18 335 000	20 385 000	16 501 000	16 919 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 628 000	0	0
Creditors	27 000	0	0	32 000
Unpaid Taxes	0	0	0	−5 000
Dividends	0	2 500 000	0	0
Other Current Debt	2 985 000	81 000	11 000	5 000
Total Current Debt	3 012 000	81 000	18 000	32 000
Total Equity and Debt	21 347 000	22 095 000	16 519 000	16 951 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,19 %	31,32 %	−2,53 %	16,61 %
Debt-to-Equity Ratio	0	0,08	0	0
Operating Profit Margin	−178,33 %	−125 %	−56,47 %	−107,59 %
Current Ratio	2,88	129,85	377,83	150,09
Quick Ratio	2,88	129,85	377,83	150,09
Equity Ratio	0,86	0,92	1	1
Gross Profit Margin	100 %	100 %	100 %	100 %