ERP MANAGEMENT AS

4022 STAVANGER

Finances

Share Ownership

Return on Equity

580,19 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 221 000	1 918 000	1 774 000	982 000
Net Income	615 000	484 000	380 000	45 000
Total Assets	1 694 000	1 014 000	864 000	439 000
Total Equity	106 000	591 000	107 000	77 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 221 000	1 918 000	1 774 000	982 000
Expenditure	1 436 000	1 299 000	1 287 000	918 000
Operating Profit	785 000	619 000	486 000	63 000
Financial Income	6 000	3 000	3 000	3 000
Financial Costs	2 000	2 000	2 000	8 000
Financial Balance	4 000	1 000	1 000	−5 000
Earnings Before Tax	789 000	620 000	487 000	58 000
Tax	174 000	136 000	107 000	13 000
Net Income	615 000	484 000	380 000	45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	70 000	130 000	190 000
Total Current Assets	1 677 000	945 000	734 000	248 000
Total Assets	1 694 000	1 014 000	864 000	439 000
Total Retained Equity	86 000	571 000	87 000	57 000
Total Equity	106 000	591 000	107 000	77 000
Total Long-Term Debt	0	5 000	8 000	12 000
Total Current Debt	1 588 000	418 000	749 000	350 000
Total Equity and Debt	1 694 000	1 014 000	864 000	439 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 221 000	1 918 000	1 774 000	982 000
Other Income	0	0	0	0
Revenue	2 221 000	1 918 000	1 774 000	982 000
Cost of Goods Sold	29 000	0	0	0
Salary Costs	1 048 000	1 030 000	946 000	728 000
Depreciation	58 000	60 000	60 000	11 000
Impairment	0	0	0	0
Expenditure	1 436 000	1 299 000	1 287 000	918 000
Operating Profit	785 000	619 000	486 000	63 000
Financial Income	6 000	3 000	3 000	3 000
Financial Costs	2 000	2 000	2 000	8 000
Financial Balance	4 000	1 000	1 000	−5 000
Dividends	1 100 000	0	350 000	0
Net Income	615 000	484 000	380 000	45 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	33 000	67 000	100 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 000	36 000	63 000	90 000
Total Tangible Assets	12 000	36 000	63 000	90 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 000	70 000	130 000	190 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 387 000	710 000	451 000	43 000
Total Current Assets	1 677 000	945 000	734 000	248 000
Total Assets	1 694 000	1 014 000	864 000	439 000
Total Equity	106 000	591 000	107 000	77 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 000	8 000	12 000
Creditors	3 000	6 000	3 000	6 000
Unpaid Taxes	199 000	177 000	154 000	104 000
Dividends	1 100 000	0	350 000	0
Other Current Debt	102 000	96 000	131 000	238 000
Total Current Debt	1 588 000	418 000	749 000	350 000
Total Equity and Debt	1 694 000	1 014 000	864 000	439 000

Financial indicators	2022	2021	2020	2019
Return on Equity	580,19 %	81,9 %	355,14 %	58,44 %
Debt-to-Equity Ratio	0	0,01	0,07	0,16
Operating Profit Margin	35,34 %	32,27 %	27,4 %	6,42 %
Current Ratio	1,06	2,26	0,98	0,71
Quick Ratio	1,06	2,26	0,98	0,71
Equity Ratio	0,06	0,58	0,12	0,18
Gross Profit Margin	98,69 %	100 %	100 %	100 %