ERTO KONSULENT- OG RÅDGIVNINGSTJENESTE AS

4755 HOVDEN I SETESDAL

Finances

Share Ownership

Return on Equity

3,48 %

Current Ratio

10,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	605 000	659 000	836 000	884 000
Net Income	33 000	122 000	169 000	172 000
Total Assets	1 045 000	1 223 000	1 412 000	1 398 000
Total Equity	947 000	1 014 000	1 241 000	1 272 000

Income (NOK)	2022	2021	2020	2019
Revenue	605 000	659 000	836 000	884 000
Expenditure	571 000	506 000	630 000	678 000
Operating Profit	34 000	153 000	206 000	205 000
Financial Income	8 000	4 000	10 000	15 000
Financial Costs	0	0	0	0
Financial Balance	8 000	4 000	10 000	15 000
Earnings Before Tax	42 000	157 000	217 000	220 000
Tax	9 000	35 000	48 000	49 000
Net Income	33 000	122 000	169 000	172 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 045 000	1 223 000	1 412 000	1 398 000
Total Assets	1 045 000	1 223 000	1 412 000	1 398 000
Total Retained Equity	928 000	995 000	1 222 000	1 253 000
Total Equity	947 000	1 014 000	1 241 000	1 272 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	98 000	209 000	170 000	126 000
Total Equity and Debt	1 045 000	1 223 000	1 412 000	1 398 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	605 000	659 000	836 000	884 000
Other Income	0	0	0	0
Revenue	605 000	659 000	836 000	884 000
Cost of Goods Sold	0	0	0	0
Salary Costs	440 000	436 000	431 000	436 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	571 000	506 000	630 000	678 000
Operating Profit	34 000	153 000	206 000	205 000
Financial Income	8 000	4 000	10 000	15 000
Financial Costs	0	0	0	0
Financial Balance	8 000	4 000	10 000	15 000
Dividends	100 000	0	0	0
Net Income	33 000	122 000	169 000	172 000

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	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 017 000	1 222 000	1 394 000	1 317 000
Total Current Assets	1 045 000	1 223 000	1 412 000	1 398 000
Total Assets	1 045 000	1 223 000	1 412 000	1 398 000
Total Equity	947 000	1 014 000	1 241 000	1 272 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	1 000	2 000	0
Unpaid Taxes	28 000	28 000	32 000	29 000
Dividends	100 000	0	0	0
Other Current Debt	61 000	145 000	89 000	48 000
Total Current Debt	98 000	209 000	170 000	126 000
Total Equity and Debt	1 045 000	1 223 000	1 412 000	1 398 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,48 %	12,03 %	13,62 %	13,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,62 %	23,22 %	24,64 %	23,19 %
Current Ratio	10,66	5,85	8,31	11,1
Quick Ratio	10,66	5,85	8,31	11,1
Equity Ratio	0,91	0,83	0,88	0,91
Gross Profit Margin	100 %	100 %	100 %	100 %