ERTO MONTASJE AS

2860 HOV

Finances

Share Ownership

Return on Equity

172,87 %

Current Ratio

1,11

Debt-to-Equity Ratio

4,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 026 000	5 167 000	3 578 000	2 486 000
Net Income	548 000	256 000	191 000	298 000
Total Assets	3 358 000	1 796 000	1 378 000	613 000
Total Equity	317 000	69 000	113 000	222 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 026 000	5 167 000	3 578 000	2 486 000
Expenditure	6 250 000	4 806 000	3 321 000	2 146 000
Operating Profit	776 000	360 000	257 000	340 000
Financial Income	3 000	1 000	2 000	1 000
Financial Costs	76 000	34 000	14 000	18 000
Financial Balance	−73 000	−33 000	−12 000	−17 000
Earnings Before Tax	702 000	328 000	245 000	322 000
Tax	154 000	72 000	54 000	25 000
Net Income	548 000	256 000	191 000	298 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 530 000	936 000	744 000	270 000
Total Current Assets	1 828 000	860 000	633 000	343 000
Total Assets	3 358 000	1 796 000	1 378 000	613 000
Total Retained Equity	295 000	47 000	91 000	200 000
Total Equity	317 000	69 000	113 000	222 000
Total Long-Term Debt	1 397 000	911 000	722 000	300 000
Total Current Debt	1 644 000	816 000	543 000	91 000
Total Equity and Debt	3 358 000	1 796 000	1 378 000	613 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 021 000	5 157 000	3 577 000	2 427 000
Other Income	5 000	10 000	1 000	58 000
Revenue	7 026 000	5 167 000	3 578 000	2 486 000
Cost of Goods Sold	1 299 000	1 111 000	670 000	140 000
Salary Costs	2 887 000	2 210 000	1 630 000	1 197 000
Depreciation	356 000	205 000	80 000	75 000
Impairment	0	0	0	0
Expenditure	6 250 000	4 806 000	3 321 000	2 146 000
Operating Profit	776 000	360 000	257 000	340 000
Financial Income	3 000	1 000	2 000	1 000
Financial Costs	76 000	34 000	14 000	18 000
Financial Balance	−73 000	−33 000	−12 000	−17 000
Dividends	300 000	300 000	300 000	0
Net Income	548 000	256 000	191 000	298 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	288 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 243 000	936 000	744 000	270 000
Total Tangible Assets	1 530 000	936 000	744 000	270 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 530 000	936 000	744 000	270 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 154 000	727 000	348 000	280 000
Total Current Assets	1 828 000	860 000	633 000	343 000
Total Assets	3 358 000	1 796 000	1 378 000	613 000
Total Equity	317 000	69 000	113 000	222 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 397 000	911 000	722 000	300 000
Creditors	548 000	73 000	104 000	28 000
Unpaid Taxes	439 000	238 000	230 000	182 000
Dividends	300 000	300 000	300 000	0
Other Current Debt	194 000	137 000	175 000	−122 000
Total Current Debt	1 644 000	816 000	543 000	91 000
Total Equity and Debt	3 358 000	1 796 000	1 378 000	613 000

Financial indicators	2022	2021	2020	2019
Return on Equity	172,87 %	371,01 %	169,03 %	134,23 %
Debt-to-Equity Ratio	4,41	13,2	6,39	1,35
Operating Profit Margin	11,04 %	6,97 %	7,18 %	13,68 %
Current Ratio	1,11	1,05	1,17	3,77
Quick Ratio	1,11	1,05	1,17	3,77
Equity Ratio	0,09	0,04	0,08	0,36
Gross Profit Margin	81,51 %	78,5 %	81,27 %	94,37 %