ERVINGEN KULTURHUS AS

5017 BERGEN

Finances

Return on Equity

0,56 %

Current Ratio

2,26

Debt-to-Equity Ratio

0,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 970 000	5 294 000	4 301 000	3 910 000
Net Income	32 000	−335 000	−6 654 000	−4 512 000
Total Assets	12 252 000	13 803 000	12 223 000	17 982 000
Total Equity	5 702 000	5 970 000	6 605 000	15 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 970 000	5 294 000	4 301 000	3 910 000
Expenditure	5 744 000	5 506 000	10 862 000	9 791 000
Operating Profit	225 000	−211 000	−6 561 000	−5 881 000
Financial Income	13 000	3 000	11 000	97 000
Financial Costs	207 000	126 000	104 000	0
Financial Balance	−194 000	−123 000	−93 000	97 000
Earnings Before Tax	32 000	−335 000	−6 654 000	−5 784 000
Tax	0	0	0	−1 272 000
Net Income	32 000	−335 000	−6 654 000	−4 512 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 456 000	10 181 000	10 930 000	12 102 000
Total Current Assets	2 796 000	3 622 000	1 293 000	5 880 000
Total Assets	12 252 000	13 803 000	12 223 000	17 982 000
Total Retained Equity	4 570 000	4 838 000	5 473 000	13 869 000
Total Equity	5 702 000	5 970 000	6 605 000	15 000 000
Total Long-Term Debt	5 314 000	4 527 000	4 772 000	615 000
Total Current Debt	1 236 000	3 305 000	847 000	2 366 000
Total Equity and Debt	12 252 000	13 803 000	12 223 000	17 982 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	5 970 000	5 294 000	4 301 000	3 910 000
Revenue	5 970 000	5 294 000	4 301 000	3 910 000
Cost of Goods Sold	0	0	0	0
Salary Costs	787 000	721 000	568 000	521 000
Depreciation	888 000	897 000	867 000	703 000
Impairment	0	0	0	0
Expenditure	5 744 000	5 506 000	10 862 000	9 791 000
Operating Profit	225 000	−211 000	−6 561 000	−5 881 000
Financial Income	13 000	3 000	11 000	97 000
Financial Costs	207 000	126 000	104 000	0
Financial Balance	−194 000	−123 000	−93 000	97 000
Dividends	300 000	300 000	50 000	0
Net Income	32 000	−335 000	−6 654 000	−4 512 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	1 692 000
Real Eastate	9 341 000	9 936 000	10 671 000	10 088 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	147 000	239 000	252 000	316 000
Total Tangible Assets	9 487 000	10 175 000	10 924 000	10 404 000
Total Fiancial Fixed Assets	−32 000	6 000	6 000	6 000
Total Fixed Assets	9 456 000	10 181 000	10 930 000	12 102 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 345 000	3 136 000	1 043 000	4 688 000
Total Current Assets	2 796 000	3 622 000	1 293 000	5 880 000
Total Assets	12 252 000	13 803 000	12 223 000	17 982 000
Total Equity	5 702 000	5 970 000	6 605 000	15 000 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 314 000	4 527 000	4 772 000	615 000
Creditors	243 000	2 582 000	266 000	1 622 000
Unpaid Taxes	42 000	32 000	58 000	61 000
Dividends	300 000	300 000	50 000	0
Other Current Debt	651 000	391 000	472 000	683 000
Total Current Debt	1 236 000	3 305 000	847 000	2 366 000
Total Equity and Debt	12 252 000	13 803 000	12 223 000	17 982 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,56 %	−5,61 %	−100,74 %	−30,08 %
Debt-to-Equity Ratio	0,93	0,76	0,72	0,04
Operating Profit Margin	3,77 %	−3,99 %	−152,55 %	−150,41 %
Current Ratio	2,26	1,1	1,53	2,49
Quick Ratio	2,26	1,1	1,53	2,49
Equity Ratio	0,47	0,43	0,54	0,83
Gross Profit Margin	100 %	100 %	100 %	100 %