ERVIK SURFSHOP AS

6750 STADLANDET

Finances

Share Ownership

Return on Equity

−3,02 %

Current Ratio

2,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	895 000	1 202 000	939 000	724 000
Net Income	−17 000	86 000	229 000	54 000
Total Assets	776 000	887 000	756 000	574 000
Total Equity	563 000	581 000	494 000	265 000

Income (NOK)	2022	2021	2020	2019
Revenue	895 000	1 202 000	939 000	724 000
Expenditure	917 000	1 084 000	642 000	638 000
Operating Profit	−22 000	118 000	298 000	86 000
Financial Income	6 000	1 000	1 000	4 000
Financial Costs	2 000	12 000	0	10 000
Financial Balance	4 000	−11 000	1 000	−6 000
Earnings Before Tax	−17 000	107 000	298 000	80 000
Tax	0	21 000	69 000	26 000
Net Income	−17 000	86 000	229 000	54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	158 000	159 000	96 000	97 000
Total Current Assets	619 000	728 000	660 000	477 000
Total Assets	776 000	887 000	756 000	574 000
Total Retained Equity	533 000	551 000	464 000	235 000
Total Equity	563 000	581 000	494 000	265 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	213 000	306 000	262 000	309 000
Total Equity and Debt	776 000	887 000	756 000	574 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	743 000	856 000	499 000	598 000
Other Income	152 000	346 000	440 000	126 000
Revenue	895 000	1 202 000	939 000	724 000
Cost of Goods Sold	286 000	479 000	281 000	123 000
Salary Costs	391 000	357 000	172 000	248 000
Depreciation	57 000	55 000	68 000	53 000
Impairment	0	0	0	0
Expenditure	917 000	1 084 000	642 000	638 000
Operating Profit	−22 000	118 000	298 000	86 000
Financial Income	6 000	1 000	1 000	4 000
Financial Costs	2 000	12 000	0	10 000
Financial Balance	4 000	−11 000	1 000	−6 000
Dividends	0	0	0	0
Net Income	−17 000	86 000	229 000	54 000

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	158 000	159 000	96 000	97 000
Total Tangible Assets	158 000	159 000	96 000	97 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	158 000	159 000	96 000	97 000
Stock	224 000	178 000	88 000	184 000
Total Investments	0	0	0	0
Cash, Bank	394 000	536 000	559 000	282 000
Total Current Assets	619 000	728 000	660 000	477 000
Total Assets	776 000	887 000	756 000	574 000
Total Equity	563 000	581 000	494 000	265 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	44 000	4 000	16 000
Unpaid Taxes	137 000	185 000	152 000	79 000
Dividends	0	0	0	0
Other Current Debt	74 000	57 000	36 000	187 000
Total Current Debt	213 000	306 000	262 000	309 000
Total Equity and Debt	776 000	887 000	756 000	574 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,02 %	14,8 %	46,36 %	20,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,46 %	9,82 %	31,74 %	11,88 %
Current Ratio	2,91	2,38	2,52	1,54
Quick Ratio	−56,27	5,69	3,79	3,82
Equity Ratio	0,73	0,66	0,65	0,46
Gross Profit Margin	68,04 %	60,15 %	70,07 %	83,01 %