ERVE HOLDING AS

5012 BERGEN

Finances

Return on Equity

28,73 %

Current Ratio

1,9

Debt-to-Equity Ratio

0,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 838 000	0	0	0
Net Income	1 122 000	270 000	−344 000	−747 000
Total Assets	10 673 000	6 329 000	4 830 000	4 242 000
Total Equity	3 905 000	1 666 000	335 000	679 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 838 000	0	0	0
Expenditure	3 293 000	33 000	63 000	102 000
Operating Profit	545 000	−33 000	−63 000	−102 000
Financial Income	0	6 000	0	62 000
Financial Costs	23 000	0	281 000	706 000
Financial Balance	−23 000	6 000	−281 000	−644 000
Earnings Before Tax	522 000	−28 000	−344 000	−747 000
Tax	−600 000	−298 000	0	0
Net Income	1 122 000	270 000	−344 000	−747 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 870 000	4 970 000	4 820 000	4 152 000
Total Current Assets	5 803 000	1 359 000	10 000	90 000
Total Assets	10 673 000	6 329 000	4 830 000	4 242 000
Total Retained Equity	−279 000	−389 000	−665 000	−321 000
Total Equity	3 905 000	1 666 000	335 000	679 000
Total Long-Term Debt	3 715 000	2 872 000	2 786 000	2 692 000
Total Current Debt	3 053 000	1 791 000	1 709 000	871 000
Total Equity and Debt	10 673 000	6 329 000	4 830 000	4 242 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 517 000	0	0	0
Other Income	1 321 000	0	0	0
Revenue	3 838 000	0	0	0
Cost of Goods Sold	761 000	0	0	0
Salary Costs	844 000	0	0	0
Depreciation	69 000	0	0	0
Impairment	0	0	0	0
Expenditure	3 293 000	33 000	63 000	102 000
Operating Profit	545 000	−33 000	−63 000	−102 000
Financial Income	0	6 000	0	62 000
Financial Costs	23 000	0	281 000	706 000
Financial Balance	−23 000	6 000	−281 000	−644 000
Dividends	0	0	0	0
Net Income	1 122 000	270 000	−344 000	−747 000

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	4 870 000	4 970 000	4 820 000	4 152 000
Total Fixed Assets	4 870 000	4 970 000	4 820 000	4 152 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	72 000	1 000	1 000	0
Total Current Assets	5 803 000	1 359 000	10 000	90 000
Total Assets	10 673 000	6 329 000	4 830 000	4 242 000
Total Equity	3 905 000	1 666 000	335 000	679 000
Short-Term Group Debt	1 777 000	1 673 000	1 673 000	0
Total Long-Term Debt	3 715 000	2 872 000	2 786 000	2 692 000
Creditors	232 000	18 000	36 000	35 000
Unpaid Taxes	173 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	872 000	100 000	0	835 000
Total Current Debt	3 053 000	1 791 000	1 709 000	871 000
Total Equity and Debt	10 673 000	6 329 000	4 830 000	4 242 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,73 %	16,21 %	−102,69 %	−110,01 %
Debt-to-Equity Ratio	0,95	1,72	8,32	3,96
Operating Profit Margin	14,2 %	-	-	-
Current Ratio	1,9	0,76	0,01	0,1
Quick Ratio	1,9	0,76	0,01	0,1
Equity Ratio	0,37	0,26	0,07	0,16
Gross Profit Margin	80,17 %	-	-	-