ERSGARD AS

7514 STJØRDAL

Finances

Return on Equity

3 %

Current Ratio

1,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 694 000	2 848 000	1 757 000	2 789 000
Net Income	20 000	217 000	−14 000	−21 000
Total Assets	1 443 000	1 322 000	714 000	967 000
Total Equity	667 000	646 000	430 000	444 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 694 000	2 848 000	1 757 000	2 789 000
Expenditure	3 671 000	2 587 000	1 774 000	2 812 000
Operating Profit	23 000	260 000	−17 000	−24 000
Financial Income	2 000	2 000	2 000	3 000
Financial Costs	0	0	0	1 000
Financial Balance	2 000	2 000	2 000	2 000
Earnings Before Tax	25 000	262 000	−14 000	−21 000
Tax	5 000	46 000	0	0
Net Income	20 000	217 000	−14 000	−21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	103 000	98 000	108 000	113 000
Total Current Assets	1 341 000	1 224 000	606 000	854 000
Total Assets	1 443 000	1 322 000	714 000	967 000
Total Retained Equity	429 000	408 000	192 000	206 000
Total Equity	667 000	646 000	430 000	444 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	777 000	675 000	284 000	523 000
Total Equity and Debt	1 443 000	1 322 000	714 000	967 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 916 000	1 352 000	876 000	1 893 000
Other Income	1 778 000	1 496 000	881 000	897 000
Revenue	3 694 000	2 848 000	1 757 000	2 789 000
Cost of Goods Sold	688 000	449 000	315 000	521 000
Salary Costs	1 455 000	823 000	609 000	1 394 000
Depreciation	14 000	23 000	30 000	30 000
Impairment	0	0	0	0
Expenditure	3 671 000	2 587 000	1 774 000	2 812 000
Operating Profit	23 000	260 000	−17 000	−24 000
Financial Income	2 000	2 000	2 000	3 000
Financial Costs	0	0	0	1 000
Financial Balance	2 000	2 000	2 000	2 000
Dividends	0	0	0	0
Net Income	20 000	217 000	−14 000	−21 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	21 000	26 000	31 000
Real Eastate	35 000	35 000	26 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	43 000	33 000	51 000	76 000
Total Tangible Assets	78 000	68 000	77 000	76 000
Total Fiancial Fixed Assets	9 000	9 000	6 000	6 000
Total Fixed Assets	103 000	98 000	108 000	113 000
Stock	177 000	223 000	186 000	152 000
Total Investments	0	0	0	0
Cash, Bank	513 000	546 000	249 000	330 000
Total Current Assets	1 341 000	1 224 000	606 000	854 000
Total Assets	1 443 000	1 322 000	714 000	967 000
Total Equity	667 000	646 000	430 000	444 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	483 000	358 000	91 000	221 000
Unpaid Taxes	86 000	138 000	15 000	120 000
Dividends	0	0	0	0
Other Current Debt	202 000	133 000	179 000	182 000
Total Current Debt	777 000	675 000	284 000	523 000
Total Equity and Debt	1 443 000	1 322 000	714 000	967 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3 %	33,59 %	−3,26 %	−4,73 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,62 %	9,13 %	−0,97 %	−0,86 %
Current Ratio	1,73	1,81	2,13	1,63
Quick Ratio	2,24	2,71	6,18	2,3
Equity Ratio	0,46	0,49	0,6	0,46
Gross Profit Margin	81,38 %	84,23 %	82,07 %	81,32 %