ERGO CONTECH

3728 SKIEN

Finances

Share Ownership

Return on Equity

43,73 %

Current Ratio

2,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	596 000	380 000	261 000	314 000
Net Income	143 000	33 000	42 000	13 000
Total Assets	510 000	342 000	220 000	177 000
Total Equity	327 000	184 000	151 000	109 000

Income (NOK)	2022	2021	2020	2019
Revenue	596 000	380 000	261 000	314 000
Expenditure	412 000	337 000	206 000	297 000
Operating Profit	184 000	43 000	54 000	17 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	0
Earnings Before Tax	184 000	42 000	54 000	16 000
Tax	40 000	9 000	12 000	4 000
Net Income	143 000	33 000	42 000	13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	510 000	342 000	220 000	177 000
Total Assets	510 000	342 000	220 000	177 000
Total Retained Equity	327 000	184 000	151 000	109 000
Total Equity	327 000	184 000	151 000	109 000
Total Long-Term Debt	0	60 000	0	0
Total Current Debt	182 000	99 000	69 000	68 000
Total Equity and Debt	510 000	342 000	220 000	177 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	596 000	380 000	261 000	314 000
Other Income	0	0	0	0
Revenue	596 000	380 000	261 000	314 000
Cost of Goods Sold	242 000	212 000	112 000	146 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	412 000	337 000	206 000	297 000
Operating Profit	184 000	43 000	54 000	17 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	0
Dividends	0	0	0	0
Net Income	143 000	33 000	42 000	13 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	323 000	279 000	146 000	106 000
Total Investments	0	0	0	0
Cash, Bank	68 000	50 000	70 000	66 000
Total Current Assets	510 000	342 000	220 000	177 000
Total Assets	510 000	342 000	220 000	177 000
Total Equity	327 000	184 000	151 000	109 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	60 000	0	0
Creditors	16 000	5 000	10 000	12 000
Unpaid Taxes	125 000	69 000	48 000	52 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	182 000	99 000	69 000	68 000
Total Equity and Debt	510 000	342 000	220 000	177 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,73 %	17,93 %	27,81 %	11,93 %
Debt-to-Equity Ratio	0	0,33	0	0
Operating Profit Margin	30,87 %	11,32 %	20,69 %	5,41 %
Current Ratio	2,8	3,45	3,19	2,6
Quick Ratio	−3,62	−1,9	−2,86	−4,66
Equity Ratio	0,64	0,54	0,69	0,62
Gross Profit Margin	59,4 %	44,21 %	57,09 %	53,5 %