ERNESTO AS

1482 NITTEDAL

Finances

Return on Equity

−8,41 %

Current Ratio

5,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	485 000	823 000	99 000	0
Net Income	−89 000	1 236 000	−35 000	0
Total Assets	1 183 000	1 269 000	343 000	319 000
Total Equity	1 058 000	1 147 000	−89 000	−55 000

Income (NOK)	2022	2021	2020
Revenue	485 000	823 000	99 000
Expenditure	572 000	852 000	132 000
Operating Profit	−87 000	−29 000	−34 000
Financial Income	0	1 265 000	0
Financial Costs	2 000	0	1 000
Financial Balance	−2 000	1 265 000	−1 000
Earnings Before Tax	−89 000	1 236 000	−35 000
Tax	0	0	0
Net Income	−89 000	1 236 000	−35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	477 000	14 000	277 000	307 000
Total Current Assets	706 000	1 255 000	65 000	12 000
Total Assets	1 183 000	1 269 000	343 000	319 000
Total Retained Equity	1 018 000	1 107 000	−129 000	−95 000
Total Equity	1 058 000	1 147 000	−89 000	−55 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	125 000	122 000	432 000	374 000
Total Equity and Debt	1 183 000	1 269 000	343 000	319 000

Cash flow (NOK)	2022	2021	2020
Sales Income	485 000	823 000	99 000
Other Income	0	0	0
Revenue	485 000	823 000	99 000
Cost of Goods Sold	182 000	471 000	84 000
Salary Costs	59 000	123 000	0
Depreciation	85 000	0	0
Impairment	0	0	0
Expenditure	572 000	852 000	132 000
Operating Profit	−87 000	−29 000	−34 000
Financial Income	0	1 265 000	0
Financial Costs	2 000	0	1 000
Financial Balance	−2 000	1 265 000	−1 000
Dividends	0	0	0
Net Income	−89 000	1 236 000	−35 000

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	424 000	0	0	0
Total Tangible Assets	424 000	0	0	0
Total Fiancial Fixed Assets	53 000	14 000	277 000	307 000
Total Fixed Assets	477 000	14 000	277 000	307 000
Stock	13 000	13 000	0	0
Total Investments	0	0	0	0
Cash, Bank	692 000	1 211 000	55 000	12 000
Total Current Assets	706 000	1 255 000	65 000	12 000
Total Assets	1 183 000	1 269 000	343 000	319 000
Total Equity	1 058 000	1 147 000	−89 000	−55 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	71 000	16 000	23 000	16 000
Unpaid Taxes	26 000	62 000	0	0
Dividends	0	0	0	0
Other Current Debt	27 000	45 000	408 000	358 000
Total Current Debt	125 000	122 000	432 000	374 000
Total Equity and Debt	1 183 000	1 269 000	343 000	319 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,41 %	107,76 %	39,33 %	−0 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	−17,94 %	−3,52 %	−34,34 %	-
Current Ratio	5,65	10,29	0,15	0,03
Quick Ratio	6,3	11,51	0,15	0,03
Equity Ratio	0,89	0,9	−0,26	−0,17
Gross Profit Margin	62,47 %	42,77 %	15,15 %	-