ERSVIKA UTVIKLING AS

6590 TUSTNA

Finances

Share Ownership

Return on Equity

7,55 %

Current Ratio

0,29

Debt-to-Equity Ratio

2,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	368 000	399 000	436 000	210 000
Net Income	77 000	100 000	193 000	13 000
Total Assets	3 890 000	3 917 000	3 357 000	3 185 000
Total Equity	1 020 000	943 000	843 000	173 000

Income (NOK)	2022	2021	2020	2019
Revenue	368 000	399 000	436 000	210 000
Expenditure	162 000	187 000	93 000	95 000
Operating Profit	205 000	212 000	343 000	115 000
Financial Income	1 000	0	0	0
Financial Costs	104 000	83 000	95 000	98 000
Financial Balance	−103 000	−83 000	−95 000	−98 000
Earnings Before Tax	102 000	129 000	248 000	16 000
Tax	25 000	29 000	55 000	4 000
Net Income	77 000	100 000	193 000	13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 712 000	3 739 000	3 113 000	3 131 000
Total Current Assets	178 000	178 000	245 000	54 000
Total Assets	3 890 000	3 917 000	3 357 000	3 185 000
Total Retained Equity	990 000	913 000	813 000	143 000
Total Equity	1 020 000	943 000	843 000	173 000
Total Long-Term Debt	2 260 000	2 393 000	1 935 000	2 012 000
Total Current Debt	610 000	581 000	579 000	1 000 000
Total Equity and Debt	3 890 000	3 917 000	3 357 000	3 185 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	245 000	324 000	243 000	152 000
Other Income	123 000	75 000	192 000	58 000
Revenue	368 000	399 000	436 000	210 000
Cost of Goods Sold	17 000	8 000	5 000	0
Salary Costs	0	0	0	0
Depreciation	27 000	22 000	19 000	19 000
Impairment	0	0	0	0
Expenditure	162 000	187 000	93 000	95 000
Operating Profit	205 000	212 000	343 000	115 000
Financial Income	1 000	0	0	0
Financial Costs	104 000	83 000	95 000	98 000
Financial Balance	−103 000	−83 000	−95 000	−98 000
Dividends	0	0	0	0
Net Income	77 000	100 000	193 000	13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 699 000	3 713 000	3 072 000	15 000
Machinery and Plant Facilities	0	0	41 000	54 000
Fixtures	13 000	27 000	0	3 062 000
Total Tangible Assets	3 712 000	3 739 000	3 113 000	3 131 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 712 000	3 739 000	3 113 000	3 131 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	126 000	128 000	59 000	30 000
Total Current Assets	178 000	178 000	245 000	54 000
Total Assets	3 890 000	3 917 000	3 357 000	3 185 000
Total Equity	1 020 000	943 000	843 000	173 000
Short-Term Group Debt	0	0	496 000	973 000
Total Long-Term Debt	2 260 000	2 393 000	1 935 000	2 012 000
Creditors	6 000	3 000	8 000	5 000
Unpaid Taxes	3 000	0	5 000	13 000
Dividends	0	0	0	0
Other Current Debt	575 000	549 000	15 000	2 000
Total Current Debt	610 000	581 000	579 000	1 000 000
Total Equity and Debt	3 890 000	3 917 000	3 357 000	3 185 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,55 %	10,6 %	22,89 %	7,51 %
Debt-to-Equity Ratio	2,22	2,54	2,3	11,63
Operating Profit Margin	55,71 %	53,13 %	78,67 %	54,76 %
Current Ratio	0,29	0,31	0,42	0,05
Quick Ratio	0,29	0,31	0,42	0,05
Equity Ratio	0,26	0,24	0,25	0,05
Gross Profit Margin	95,38 %	97,99 %	98,85 %	100 %