ERP DEVELOPMENT AS

0484 OSLO

Finances

Return on Equity

−16,78 %

Current Ratio

14,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 494 000	2 261 000	4 006 000	4 008 000
Net Income	−405 000	479 000	1 576 000	494 000
Total Assets	2 589 000	3 791 000	3 661 000	2 773 000
Total Equity	2 413 000	3 364 000	3 319 000	1 721 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 494 000	2 261 000	4 006 000	4 008 000
Expenditure	2 120 000	2 468 000	3 777 000	3 343 000
Operating Profit	374 000	−208 000	229 000	665 000
Financial Income	292 000	1 427 000	1 721 000	7 000
Financial Costs	1 208 000	484 000	225 000	23 000
Financial Balance	−916 000	943 000	1 496 000	−16 000
Earnings Before Tax	−542 000	734 000	1 725 000	650 000
Tax	0	213 000	30 000	152 000
Net Income	−405 000	479 000	1 576 000	494 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	97 000	115 000	130 000	140 000
Total Current Assets	2 492 000	3 675 000	3 531 000	2 634 000
Total Assets	2 589 000	3 791 000	3 661 000	2 773 000
Total Retained Equity	2 383 000	3 334 000	3 289 000	1 691 000
Total Equity	2 413 000	3 364 000	3 319 000	1 721 000
Total Long-Term Debt	0	110 000	50 000	0
Total Current Debt	176 000	316 000	293 000	1 052 000
Total Equity and Debt	2 589 000	3 791 000	3 661 000	2 773 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 494 000	2 261 000	4 006 000	4 008 000
Other Income	0	0	0	0
Revenue	2 494 000	2 261 000	4 006 000	4 008 000
Cost of Goods Sold	1 080 000	367 000	405 000	355 000
Salary Costs	734 000	1 717 000	3 148 000	2 749 000
Depreciation	18 000	33 000	36 000	35 000
Impairment	0	0	0	0
Expenditure	2 120 000	2 468 000	3 777 000	3 343 000
Operating Profit	374 000	−208 000	229 000	665 000
Financial Income	292 000	1 427 000	1 721 000	7 000
Financial Costs	1 208 000	484 000	225 000	23 000
Financial Balance	−916 000	943 000	1 496 000	−16 000
Dividends	290 000	519 000	217 000	257 000
Net Income	−405 000	479 000	1 576 000	494 000

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	97 000	115 000	130 000	140 000
Total Tangible Assets	97 000	115 000	130 000	140 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	97 000	115 000	130 000	140 000
Stock	0	0	16 000	16 000
Total Investments	152 000	627 000	525 000	517 000
Cash, Bank	1 340 000	2 089 000	1 930 000	702 000
Total Current Assets	2 492 000	3 675 000	3 531 000	2 634 000
Total Assets	2 589 000	3 791 000	3 661 000	2 773 000
Total Equity	2 413 000	3 364 000	3 319 000	1 721 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	110 000	50 000	0
Creditors	−35 000	61 000	−151 000	185 000
Unpaid Taxes	162 000	149 000	200 000	505 000
Dividends	290 000	519 000	217 000	257 000
Other Current Debt	49 000	105 000	123 000	157 000
Total Current Debt	176 000	316 000	293 000	1 052 000
Total Equity and Debt	2 589 000	3 791 000	3 661 000	2 773 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,78 %	14,24 %	47,48 %	28,7 %
Debt-to-Equity Ratio	0	0,03	0,02	0
Operating Profit Margin	15 %	−9,2 %	5,72 %	16,59 %
Current Ratio	14,16	11,63	12,05	2,5
Quick Ratio	14,16	11,63	12,75	2,54
Equity Ratio	0,93	0,89	0,91	0,62
Gross Profit Margin	56,7 %	83,77 %	89,89 %	91,14 %