ERSGAARD HAMMERSENG AS

2615 LILLEHAMMER

Finances

Share Ownership

Return on Equity

114,24 %

Current Ratio

2,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 110 000	0	93 000	131 000
Net Income	11 282 000	−366 000	−148 000	−136 000
Total Assets	15 625 000	25 667 000	5 309 000	4 790 000
Total Equity	9 876 000	−1 406 000	−1 040 000	−893 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 110 000	0	93 000	131 000
Expenditure	36 051 000	354 000	92 000	101 000
Operating Profit	14 059 000	−354 000	1 000	30 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	12 000	148 000	167 000
Financial Balance	0	−12 000	−148 000	−167 000
Earnings Before Tax	14 059 000	−366 000	−148 000	−136 000
Tax	2 777 000	0	0	0
Net Income	11 282 000	−366 000	−148 000	−136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	4 306 000
Total Current Assets	15 625 000	25 667 000	5 309 000	484 000
Total Assets	15 625 000	25 667 000	5 309 000	4 790 000
Total Retained Equity	9 854 000	−1 429 000	−1 063 000	−915 000
Total Equity	9 876 000	−1 406 000	−1 040 000	−893 000
Total Long-Term Debt	0	23 840 000	3 808 000	3 837 000
Total Current Debt	5 749 000	3 233 000	2 541 000	1 845 000
Total Equity and Debt	15 625 000	25 667 000	5 309 000	4 790 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 110 000	0	0	0
Other Income	0	0	93 000	131 000
Revenue	50 110 000	0	93 000	131 000
Cost of Goods Sold	35 681 000	0	0	0
Salary Costs	313 000	0	0	0
Depreciation	0	0	0	6 000
Impairment	0	0	0	0
Expenditure	36 051 000	354 000	92 000	101 000
Operating Profit	14 059 000	−354 000	1 000	30 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	12 000	148 000	167 000
Financial Balance	0	−12 000	−148 000	−167 000
Dividends	0	0	0	0
Net Income	11 282 000	−366 000	−148 000	−136 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	4 306 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	4 306 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	4 306 000
Stock	2 891 000	25 662 000	5 232 000	371 000
Total Investments	0	0	0	0
Cash, Bank	6 422 000	5 000	77 000	112 000
Total Current Assets	15 625 000	25 667 000	5 309 000	484 000
Total Assets	15 625 000	25 667 000	5 309 000	4 790 000
Total Equity	9 876 000	−1 406 000	−1 040 000	−893 000
Short-Term Group Debt	0	0	1 948 000	1 373 000
Total Long-Term Debt	0	23 840 000	3 808 000	3 837 000
Creditors	2 932 000	227 000	4 000	6 000
Unpaid Taxes	11 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	29 000	3 006 000	590 000	467 000
Total Current Debt	5 749 000	3 233 000	2 541 000	1 845 000
Total Equity and Debt	15 625 000	25 667 000	5 309 000	4 790 000

Financial indicators	2022	2021	2020	2019
Return on Equity	114,24 %	26,03 %	14,23 %	15,23 %
Debt-to-Equity Ratio	0	−16,96	−3,66	−4,3
Operating Profit Margin	28,06 %	-	1,08 %	22,9 %
Current Ratio	2,72	7,94	2,09	0,26
Quick Ratio	5,47	−1,14	−1,97	0,33
Equity Ratio	0,63	−0,05	−0,2	−0,19
Gross Profit Margin	28,79 %	-	100 %	100 %