ERGOTEK AS

3153 TOLVSRØD

Finances

Share Ownership

Return on Equity

43,9 %

Current Ratio

1,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 941 000	5 789 000	4 153 000	3 005 000
Net Income	1 090 000	832 000	399 000	364 000
Total Assets	4 357 000	3 226 000	2 340 000	1 683 000
Total Equity	2 483 000	2 093 000	1 561 000	1 162 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 941 000	5 789 000	4 153 000	3 005 000
Expenditure	5 545 000	4 722 000	3 641 000	2 539 000
Operating Profit	1 397 000	1 067 000	512 000	466 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	1 397 000	1 067 000	511 000	466 000
Tax	307 000	235 000	113 000	103 000
Net Income	1 090 000	832 000	399 000	364 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 034 000	455 000	401 000	287 000
Total Current Assets	3 324 000	2 771 000	1 939 000	1 396 000
Total Assets	4 357 000	3 226 000	2 340 000	1 683 000
Total Retained Equity	2 165 000	1 475 000	643 000	244 000
Total Equity	2 483 000	2 093 000	1 561 000	1 162 000
Total Long-Term Debt	9 000	4 000	9 000	7 000
Total Current Debt	1 866 000	1 129 000	770 000	514 000
Total Equity and Debt	4 357 000	3 226 000	2 340 000	1 683 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 892 000	5 789 000	4 153 000	3 005 000
Other Income	49 000	0	0	0
Revenue	6 941 000	5 789 000	4 153 000	3 005 000
Cost of Goods Sold	934 000	881 000	775 000	521 000
Salary Costs	3 374 000	2 859 000	2 065 000	1 528 000
Depreciation	211 000	152 000	97 000	64 000
Impairment	0	0	0	0
Expenditure	5 545 000	4 722 000	3 641 000	2 539 000
Operating Profit	1 397 000	1 067 000	512 000	466 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	400 000	0	0	0
Net Income	1 090 000	832 000	399 000	364 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	76 000	22 000	28 000	28 000
Fixtures	949 000	424 000	364 000	250 000
Total Tangible Assets	1 025 000	446 000	392 000	278 000
Total Fiancial Fixed Assets	9 000	9 000	9 000	9 000
Total Fixed Assets	1 034 000	455 000	401 000	287 000
Stock	1 209 000	820 000	595 000	450 000
Total Investments	0	0	0	0
Cash, Bank	1 185 000	1 505 000	945 000	548 000
Total Current Assets	3 324 000	2 771 000	1 939 000	1 396 000
Total Assets	4 357 000	3 226 000	2 340 000	1 683 000
Total Equity	2 483 000	2 093 000	1 561 000	1 162 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 000	4 000	9 000	7 000
Creditors	214 000	60 000	50 000	17 000
Unpaid Taxes	585 000	520 000	357 000	237 000
Dividends	400 000	0	0	0
Other Current Debt	364 000	309 000	253 000	198 000
Total Current Debt	1 866 000	1 129 000	770 000	514 000
Total Equity and Debt	4 357 000	3 226 000	2 340 000	1 683 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,9 %	39,75 %	25,56 %	31,33 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	20,13 %	18,43 %	12,33 %	15,51 %
Current Ratio	1,78	2,45	2,52	2,72
Quick Ratio	5,06	8,97	11,08	21,81
Equity Ratio	0,57	0,65	0,67	0,69
Gross Profit Margin	86,54 %	84,78 %	81,34 %	82,66 %