EREL-NOR AS

1739 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

99,48 %

Current Ratio

4,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	555 000	171 000	804 000	119 000
Net Income	386 000	−105 000	328 000	−74 000
Total Assets	496 000	275 000	467 000	−101 000
Total Equity	388 000	2 000	107 000	−221 000

Income (NOK)	2022	2021	2020	2019
Revenue	555 000	171 000	804 000	119 000
Expenditure	93 000	276 000	474 000	203 000
Operating Profit	462 000	−105 000	329 000	−84 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	0
Financial Balance	0	0	−2 000	0
Earnings Before Tax	462 000	−105 000	328 000	−84 000
Tax	76 000	0	0	−10 000
Net Income	386 000	−105 000	328 000	−74 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	496 000	275 000	467 000	−101 000
Total Assets	496 000	275 000	467 000	−101 000
Total Retained Equity	358 000	−28 000	77 000	−251 000
Total Equity	388 000	2 000	107 000	−221 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	107 000	273 000	360 000	120 000
Total Equity and Debt	496 000	275 000	467 000	−101 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	555 000	171 000	804 000	119 000
Other Income	0	0	0	0
Revenue	555 000	171 000	804 000	119 000
Cost of Goods Sold	0	0	0	0
Salary Costs	39 000	199 000	405 000	173 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	93 000	276 000	474 000	203 000
Operating Profit	462 000	−105 000	329 000	−84 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	0
Financial Balance	0	0	−2 000	0
Dividends	0	0	0	0
Net Income	386 000	−105 000	328 000	−74 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	453 000	160 000	200 000	15 000
Total Current Assets	496 000	275 000	467 000	−101 000
Total Assets	496 000	275 000	467 000	−101 000
Total Equity	388 000	2 000	107 000	−221 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	1 000	1 000	19 000
Unpaid Taxes	6 000	21 000	118 000	23 000
Dividends	0	0	0	0
Other Current Debt	26 000	251 000	241 000	78 000
Total Current Debt	107 000	273 000	360 000	120 000
Total Equity and Debt	496 000	275 000	467 000	−101 000

Financial indicators	2022	2021	2020	2019
Return on Equity	99,48 %	−5 250 %	306,54 %	33,48 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	83,24 %	−61,4 %	40,92 %	−70,59 %
Current Ratio	4,64	1,01	1,3	−0,84
Quick Ratio	4,64	1,01	1,3	−0,84
Equity Ratio	0,78	0,01	0,23	2,19
Gross Profit Margin	100 %	100 %	100 %	100 %