ER AN VEIKRO AS

5212 SØFTELAND

Finances

Share Ownership

Return on Equity

−54,94 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 500 000	14 348 000	11 582 000	15 824 000
Net Income	−128 000	130 000	−166 000	376 000
Total Assets	1 423 000	3 007 000	2 456 000	2 976 000
Total Equity	233 000	361 000	415 000	581 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 500 000	14 348 000	11 582 000	15 824 000
Expenditure	12 641 000	14 117 000	11 742 000	15 325 000
Operating Profit	−144 000	219 000	−165 000	492 000
Financial Income	16 000	0	0	1 000
Financial Costs	0	15 000	0	8 000
Financial Balance	16 000	−15 000	0	−7 000
Earnings Before Tax	−128 000	204 000	−165 000	485 000
Tax	0	74 000	1 000	108 000
Net Income	−128 000	130 000	−166 000	376 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	178 000	248 000	404 000	651 000
Total Current Assets	1 245 000	2 759 000	2 052 000	2 325 000
Total Assets	1 423 000	3 007 000	2 456 000	2 976 000
Total Retained Equity	209 000	337 000	391 000	556 000
Total Equity	233 000	361 000	415 000	581 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 190 000	2 646 000	2 040 000	2 395 000
Total Equity and Debt	1 423 000	3 007 000	2 456 000	2 976 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 420 000	13 477 000	11 197 000	15 765 000
Other Income	79 000	870 000	385 000	59 000
Revenue	12 500 000	14 348 000	11 582 000	15 824 000
Cost of Goods Sold	3 545 000	3 835 000	3 312 000	4 728 000
Salary Costs	6 483 000	7 462 000	6 120 000	7 846 000
Depreciation	88 000	267 000	250 000	269 000
Impairment	0	0	0	0
Expenditure	12 641 000	14 117 000	11 742 000	15 325 000
Operating Profit	−144 000	219 000	−165 000	492 000
Financial Income	16 000	0	0	1 000
Financial Costs	0	15 000	0	8 000
Financial Balance	16 000	−15 000	0	−7 000
Dividends	0	0	0	0
Net Income	−128 000	130 000	−166 000	376 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	22 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	178 000	248 000	404 000	629 000
Total Tangible Assets	178 000	248 000	404 000	629 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	178 000	248 000	404 000	651 000
Stock	0	162 000	120 000	170 000
Total Investments	0	0	0	0
Cash, Bank	1 027 000	2 057 000	1 506 000	1 697 000
Total Current Assets	1 245 000	2 759 000	2 052 000	2 325 000
Total Assets	1 423 000	3 007 000	2 456 000	2 976 000
Total Equity	233 000	361 000	415 000	581 000
Short-Term Group Debt	656 000	646 000	0	286 000
Total Long-Term Debt	0	0	0	0
Creditors	4 000	255 000	278 000	399 000
Unpaid Taxes	366 000	900 000	606 000	905 000
Dividends	0	0	0	0
Other Current Debt	164 000	823 000	1 156 000	743 000
Total Current Debt	1 190 000	2 646 000	2 040 000	2 395 000
Total Equity and Debt	1 423 000	3 007 000	2 456 000	2 976 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−54,94 %	36,01 %	−40 %	64,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,15 %	1,53 %	−1,42 %	3,11 %
Current Ratio	1,05	1,04	1,01	0,97
Quick Ratio	1,05	1,11	1,07	1,04
Equity Ratio	0,16	0,12	0,17	0,2
Gross Profit Margin	71,64 %	73,27 %	71,4 %	70,12 %