ERUS ENCODIA AS

3128 NØTTERØY

Finances

Share Ownership

Return on Equity

47,67 %

Current Ratio

2,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 763 000	5 274 000	5 415 000	4 865 000
Net Income	1 757 000	1 267 000	1 304 000	884 000
Total Assets	6 746 000	4 899 000	3 739 000	2 926 000
Total Equity	3 686 000	2 714 000	1 914 000	1 079 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 763 000	5 274 000	5 415 000	4 865 000
Expenditure	5 439 000	3 851 000	3 742 000	3 732 000
Operating Profit	2 325 000	1 423 000	1 673 000	1 133 000
Financial Income	0	231 000	1 000	3 000
Financial Costs	72 000	1 000	2 000	2 000
Financial Balance	−72 000	230 000	−1 000	1 000
Earnings Before Tax	2 253 000	1 654 000	1 671 000	1 134 000
Tax	496 000	386 000	368 000	249 000
Net Income	1 757 000	1 267 000	1 304 000	884 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	123 000	73 000	105 000	117 000
Total Current Assets	6 624 000	4 826 000	3 634 000	2 809 000
Total Assets	6 746 000	4 899 000	3 739 000	2 926 000
Total Retained Equity	3 661 000	2 689 000	1 890 000	1 054 000
Total Equity	3 686 000	2 714 000	1 914 000	1 079 000
Total Long-Term Debt	0	0	2 000	5 000
Total Current Debt	3 061 000	2 185 000	1 823 000	1 842 000
Total Equity and Debt	6 746 000	4 899 000	3 739 000	2 926 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 763 000	5 274 000	5 415 000	4 865 000
Other Income	0	0	0	0
Revenue	7 763 000	5 274 000	5 415 000	4 865 000
Cost of Goods Sold	7 000	15 000	0	0
Salary Costs	4 921 000	3 377 000	3 362 000	3 315 000
Depreciation	52 000	47 000	44 000	39 000
Impairment	0	0	0	0
Expenditure	5 439 000	3 851 000	3 742 000	3 732 000
Operating Profit	2 325 000	1 423 000	1 673 000	1 133 000
Financial Income	0	231 000	1 000	3 000
Financial Costs	72 000	1 000	2 000	2 000
Financial Balance	−72 000	230 000	−1 000	1 000
Dividends	0	0	0	0
Net Income	1 757 000	1 267 000	1 304 000	884 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	21 000	53 000	85 000
Total Intangible Assets	1 000	31 000	72 000	104 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	98 000	18 000	33 000	14 000
Total Tangible Assets	98 000	18 000	33 000	14 000
Total Fiancial Fixed Assets	24 000	24 000	0	0
Total Fixed Assets	123 000	73 000	105 000	117 000
Stock	39 000	115 000	19 000	19 000
Total Investments	0	0	0	0
Cash, Bank	5 236 000	3 357 000	2 575 000	1 804 000
Total Current Assets	6 624 000	4 826 000	3 634 000	2 809 000
Total Assets	6 746 000	4 899 000	3 739 000	2 926 000
Total Equity	3 686 000	2 714 000	1 914 000	1 079 000
Short-Term Group Debt	1 065 000	665 000	665 000	670 000
Total Long-Term Debt	0	0	2 000	5 000
Creditors	237 000	234 000	115 000	210 000
Unpaid Taxes	701 000	483 000	326 000	381 000
Dividends	0	0	0	0
Other Current Debt	792 000	537 000	478 000	442 000
Total Current Debt	3 061 000	2 185 000	1 823 000	1 842 000
Total Equity and Debt	6 746 000	4 899 000	3 739 000	2 926 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,67 %	46,68 %	68,13 %	81,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	29,95 %	26,98 %	30,9 %	23,29 %
Current Ratio	2,16	2,21	1,99	1,52
Quick Ratio	2,19	2,33	2,01	1,54
Equity Ratio	0,55	0,55	0,51	0,37
Gross Profit Margin	99,91 %	99,72 %	100 %	100 %