ERSGAARD AS

2615 LILLEHAMMER

Finances

Return on Equity

118,31 %

Current Ratio

1,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 000	0	0	2 290 000
Net Income	17 821 000	−666 000	3 211 000	4 816 000
Total Assets	36 127 000	7 672 000	11 479 000	8 941 000
Total Equity	15 063 000	5 471 000	6 136 000	6 126 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 000	0	0	2 290 000
Expenditure	406 000	346 000	107 000	320 000
Operating Profit	−395 000	−346 000	−107 000	1 970 000
Financial Income	18 942 000	0	3 340 000	3 776 000
Financial Costs	44 000	320 000	0	864 000
Financial Balance	18 898 000	−320 000	3 340 000	2 912 000
Earnings Before Tax	18 503 000	−666 000	3 233 000	4 882 000
Tax	682 000	0	22 000	67 000
Net Income	17 821 000	−666 000	3 211 000	4 816 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 411 000	4 405 000	4 051 000	3 958 000
Total Current Assets	29 716 000	3 266 000	7 428 000	4 983 000
Total Assets	36 127 000	7 672 000	11 479 000	8 941 000
Total Retained Equity	11 392 000	1 800 000	2 466 000	2 455 000
Total Equity	15 063 000	5 471 000	6 136 000	6 126 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	21 064 000	2 201 000	5 343 000	2 815 000
Total Equity and Debt	36 127 000	7 672 000	11 479 000	8 941 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 000	0	0	2 290 000
Other Income	0	0	0	0
Revenue	10 000	0	0	2 290 000
Cost of Goods Sold	0	0	0	0
Salary Costs	44 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	406 000	346 000	107 000	320 000
Operating Profit	−395 000	−346 000	−107 000	1 970 000
Financial Income	18 942 000	0	3 340 000	3 776 000
Financial Costs	44 000	320 000	0	864 000
Financial Balance	18 898 000	−320 000	3 340 000	2 912 000
Dividends	8 229 000	0	3 200 000	2 000 000
Net Income	17 821 000	−666 000	3 211 000	4 816 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	500 000	500 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	500 000	500 000	0	0
Total Fiancial Fixed Assets	5 911 000	3 905 000	4 051 000	3 958 000
Total Fixed Assets	6 411 000	4 405 000	4 051 000	3 958 000
Stock	595 000	72 000	0	0
Total Investments	0	0	0	0
Cash, Bank	634 000	21 000	235 000	500 000
Total Current Assets	29 716 000	3 266 000	7 428 000	4 983 000
Total Assets	36 127 000	7 672 000	11 479 000	8 941 000
Total Equity	15 063 000	5 471 000	6 136 000	6 126 000
Short-Term Group Debt	12 566 000	2 052 000	2 138 000	812 000
Total Long-Term Debt	0	0	0	0
Creditors	20 000	149 000	5 000	3 000
Unpaid Taxes	14 000	0	0	0
Dividends	8 229 000	0	3 200 000	2 000 000
Other Current Debt	104 000	0	0	0
Total Current Debt	21 064 000	2 201 000	5 343 000	2 815 000
Total Equity and Debt	36 127 000	7 672 000	11 479 000	8 941 000

Financial indicators	2022	2021	2020	2019
Return on Equity	118,31 %	−12,17 %	52,33 %	78,62 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3 950 %	-	-	86,03 %
Current Ratio	1,41	1,48	1,39	1,77
Quick Ratio	1,45	1,53	1,39	1,77
Equity Ratio	0,42	0,71	0,53	0,69
Gross Profit Margin	100 %	-	-	100 %