ERMO AS

0680 OSLO

Finances

Return on Equity

−782,52 %

Current Ratio

7,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	224 000	232 000	221 000	165 000
Net Income	−1 612 000	271 000	233 000	28 000
Total Assets	238 000	1 848 000	1 594 000	1 566 000
Total Equity	206 000	1 818 000	1 547 000	1 314 000

Income (NOK)	2022	2021	2020	2019
Revenue	224 000	232 000	221 000	165 000
Expenditure	1 136 000	159 000	182 000	133 000
Operating Profit	−913 000	73 000	39 000	32 000
Financial Income	−46 000	216 000	204 000	0
Financial Costs	627 000	0	0	0
Financial Balance	−673 000	216 000	204 000	0
Earnings Before Tax	−1 586 000	289 000	243 000	32 000
Tax	25 000	19 000	10 000	4 000
Net Income	−1 612 000	271 000	233 000	28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 000	880 000	1 162 000	1 186 000
Total Current Assets	236 000	968 000	432 000	379 000
Total Assets	238 000	1 848 000	1 594 000	1 566 000
Total Retained Equity	−916 000	696 000	425 000	192 000
Total Equity	206 000	1 818 000	1 547 000	1 314 000
Total Long-Term Debt	0	1 000	7 000	4 000
Total Current Debt	31 000	29 000	40 000	248 000
Total Equity and Debt	238 000	1 848 000	1 594 000	1 566 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	224 000	232 000	221 000	165 000
Revenue	224 000	232 000	221 000	165 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	53 000	102 000	119 000	90 000
Impairment	0	0	0	0
Expenditure	1 136 000	159 000	182 000	133 000
Operating Profit	−913 000	73 000	39 000	32 000
Financial Income	−46 000	216 000	204 000	0
Financial Costs	627 000	0	0	0
Financial Balance	−673 000	216 000	204 000	0
Dividends	0	0	0	150 000
Net Income	−1 612 000	271 000	233 000	28 000

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	2 000	255 000	357 000	382 000
Total Tangible Assets	2 000	255 000	357 000	382 000
Total Fiancial Fixed Assets	0	625 000	805 000	805 000
Total Fixed Assets	2 000	880 000	1 162 000	1 186 000
Stock	0	0	0	0
Total Investments	25 000	0	0	0
Cash, Bank	164 000	355 000	216 000	350 000
Total Current Assets	236 000	968 000	432 000	379 000
Total Assets	238 000	1 848 000	1 594 000	1 566 000
Total Equity	206 000	1 818 000	1 547 000	1 314 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	7 000	4 000
Creditors	2 000	0	3 000	93 000
Unpaid Taxes	0	4 000	8 000	0
Dividends	0	0	0	150 000
Other Current Debt	4 000	0	22 000	4 000
Total Current Debt	31 000	29 000	40 000	248 000
Total Equity and Debt	238 000	1 848 000	1 594 000	1 566 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−782,52 %	14,91 %	15,06 %	2,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−407,59 %	31,47 %	17,65 %	19,39 %
Current Ratio	7,61	33,38	10,8	1,53
Quick Ratio	7,61	33,38	10,8	1,53
Equity Ratio	0,87	0,98	0,97	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %