ERASE AS

0680 OSLO

Finances

Share Ownership

Return on Equity

99,14 %

Current Ratio

1,02

Debt-to-Equity Ratio

3,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 099 000	15 376 000	12 711 000	11 951 000
Net Income	692 000	742 000	736 000	837 000
Total Assets	8 818 000	4 787 000	3 870 000	3 661 000
Total Equity	698 000	507 000	525 000	519 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 099 000	15 376 000	12 711 000	11 951 000
Expenditure	18 118 000	14 404 000	11 749 000	10 849 000
Operating Profit	980 000	972 000	964 000	1 102 000
Financial Income	2 000	0	2 000	5 000
Financial Costs	95 000	14 000	21 000	27 000
Financial Balance	−93 000	−14 000	−19 000	−22 000
Earnings Before Tax	887 000	958 000	944 000	1 080 000
Tax	196 000	217 000	208 000	243 000
Net Income	692 000	742 000	736 000	837 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 300 000	1 731 000	915 000	850 000
Total Current Assets	5 518 000	3 056 000	2 955 000	2 811 000
Total Assets	8 818 000	4 787 000	3 870 000	3 661 000
Total Retained Equity	204 000	13 000	31 000	25 000
Total Equity	698 000	507 000	525 000	519 000
Total Long-Term Debt	2 715 000	1 072 000	223 000	552 000
Total Current Debt	5 404 000	3 209 000	3 122 000	2 590 000
Total Equity and Debt	8 818 000	4 787 000	3 870 000	3 661 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 042 000	15 376 000	12 694 000	11 951 000
Other Income	57 000	0	17 000	0
Revenue	19 099 000	15 376 000	12 711 000	11 951 000
Cost of Goods Sold	7 677 000	6 488 000	3 931 000	4 069 000
Salary Costs	6 714 000	4 809 000	4 997 000	4 898 000
Depreciation	571 000	309 000	194 000	101 000
Impairment	0	0	0	0
Expenditure	18 118 000	14 404 000	11 749 000	10 849 000
Operating Profit	980 000	972 000	964 000	1 102 000
Financial Income	2 000	0	2 000	5 000
Financial Costs	95 000	14 000	21 000	27 000
Financial Balance	−93 000	−14 000	−19 000	−22 000
Dividends	500 000	760 000	730 000	820 000
Net Income	692 000	742 000	736 000	837 000

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	189 000	222 000	254 000	286 000
Fixtures	3 110 000	1 510 000	661 000	563 000
Total Tangible Assets	3 300 000	1 731 000	915 000	850 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 300 000	1 731 000	915 000	850 000
Stock	250 000	250 000	290 000	190 000
Total Investments	0	0	0	0
Cash, Bank	314 000	577 000	1 675 000	1 469 000
Total Current Assets	5 518 000	3 056 000	2 955 000	2 811 000
Total Assets	8 818 000	4 787 000	3 870 000	3 661 000
Total Equity	698 000	507 000	525 000	519 000
Short-Term Group Debt	500 000	0	0	0
Total Long-Term Debt	2 715 000	1 072 000	223 000	552 000
Creditors	1 903 000	466 000	268 000	458 000
Unpaid Taxes	802 000	578 000	567 000	407 000
Dividends	500 000	760 000	730 000	820 000
Other Current Debt	1 552 000	1 195 000	1 230 000	840 000
Total Current Debt	5 404 000	3 209 000	3 122 000	2 590 000
Total Equity and Debt	8 818 000	4 787 000	3 870 000	3 661 000

Financial indicators	2022	2021	2020	2019
Return on Equity	99,14 %	146,35 %	140,19 %	161,27 %
Debt-to-Equity Ratio	3,89	2,11	0,42	1,06
Operating Profit Margin	5,13 %	6,32 %	7,58 %	9,22 %
Current Ratio	1,02	0,95	0,95	1,09
Quick Ratio	1,07	1,03	1,04	1,17
Equity Ratio	0,08	0,11	0,14	0,14
Gross Profit Margin	59,8 %	57,8 %	69,07 %	65,95 %