ER MAT AS

4085 HUNDVÅG

Finances

Share Ownership

Return on Equity

5,45 %

Current Ratio

0,59

Debt-to-Equity Ratio

−0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 868 000	5 144 000	2 567 000	5 310 000
Net Income	−68 000	−262 000	−1 113 000	307 000
Total Assets	1 113 000	1 225 000	581 000	1 222 000
Total Equity	−1 247 000	−1 179 000	−917 000	196 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 868 000	5 144 000	2 567 000	5 310 000
Expenditure	6 904 000	5 503 000	3 698 000	4 931 000
Operating Profit	−36 000	−360 000	−1 131 000	379 000
Financial Income	0	0	0	0
Financial Costs	32 000	30 000	11 000	1 000
Financial Balance	−32 000	−30 000	−11 000	−1 000
Earnings Before Tax	−68 000	−390 000	−1 142 000	378 000
Tax	0	−128 000	−29 000	71 000
Net Income	−68 000	−262 000	−1 113 000	307 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	112 000	418 000	295 000	43 000
Total Current Assets	1 001 000	808 000	286 000	1 179 000
Total Assets	1 113 000	1 225 000	581 000	1 222 000
Total Retained Equity	−1 277 000	−1 209 000	−947 000	166 000
Total Equity	−1 247 000	−1 179 000	−917 000	196 000
Total Long-Term Debt	656 000	749 000	805 000	0
Total Current Debt	1 704 000	1 656 000	693 000	1 026 000
Total Equity and Debt	1 113 000	1 225 000	581 000	1 222 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 728 000	4 902 000	2 403 000	5 309 000
Other Income	140 000	242 000	164 000	1 000
Revenue	6 868 000	5 144 000	2 567 000	5 310 000
Cost of Goods Sold	2 295 000	1 942 000	1 071 000	1 748 000
Salary Costs	3 374 000	2 510 000	1 669 000	2 451 000
Depreciation	30 000	22 000	16 000	11 000
Impairment	0	0	0	0
Expenditure	6 904 000	5 503 000	3 698 000	4 931 000
Operating Profit	−36 000	−360 000	−1 131 000	379 000
Financial Income	0	0	0	0
Financial Costs	32 000	30 000	11 000	1 000
Financial Balance	−32 000	−30 000	−11 000	−1 000
Dividends	0	0	0	0
Net Income	−68 000	−262 000	−1 113 000	307 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	66 000	70 000	73 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	46 000	73 000	71 000	43 000
Total Tangible Assets	112 000	142 000	145 000	43 000
Total Fiancial Fixed Assets	0	275 000	150 000	0
Total Fixed Assets	112 000	418 000	295 000	43 000
Stock	159 000	231 000	94 000	220 000
Total Investments	0	0	0	0
Cash, Bank	98 000	327 000	115 000	759 000
Total Current Assets	1 001 000	808 000	286 000	1 179 000
Total Assets	1 113 000	1 225 000	581 000	1 222 000
Total Equity	−1 247 000	−1 179 000	−917 000	196 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	656 000	749 000	805 000	0
Creditors	496 000	364 000	84 000	35 000
Unpaid Taxes	466 000	508 000	255 000	436 000
Dividends	0	0	0	0
Other Current Debt	742 000	784 000	353 000	484 000
Total Current Debt	1 704 000	1 656 000	693 000	1 026 000
Total Equity and Debt	1 113 000	1 225 000	581 000	1 222 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,45 %	22,22 %	121,37 %	156,63 %
Debt-to-Equity Ratio	−0,53	−0,64	−0,88	0
Operating Profit Margin	−0,52 %	−7 %	−44,06 %	7,14 %
Current Ratio	0,59	0,49	0,41	1,15
Quick Ratio	0,65	0,57	0,48	1,46
Equity Ratio	−1,12	−0,96	−1,58	0,16
Gross Profit Margin	66,58 %	62,25 %	58,28 %	67,08 %