ERVIK DRIFT AS

7270 DYRVIK

Finances

Share Ownership

Return on Equity

273,65 %

Current Ratio

1,61

Debt-to-Equity Ratio

1,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 480 000	1 190 000	0	1 175 000
Net Income	966 000	508 000	−529 000	−721 000
Total Assets	2 200 000	1 775 000	837 000	890 000
Total Equity	353 000	−544 000	−1 052 000	−522 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 480 000	1 190 000	0	1 175 000
Expenditure	466 000	638 000	489 000	1 856 000
Operating Profit	1 014 000	552 000	−490 000	−681 000
Financial Income	5 000	0	0	0
Financial Costs	46 000	44 000	40 000	40 000
Financial Balance	−41 000	−44 000	−40 000	−40 000
Earnings Before Tax	973 000	508 000	−529 000	−721 000
Tax	8 000	0	0	0
Net Income	966 000	508 000	−529 000	−721 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	112 000	173 000	246 000	248 000
Total Current Assets	2 088 000	1 602 000	591 000	642 000
Total Assets	2 200 000	1 775 000	837 000	890 000
Total Retained Equity	153 000	−744 000	−1 252 000	−722 000
Total Equity	353 000	−544 000	−1 052 000	−522 000
Total Long-Term Debt	552 000	632 000	659 000	713 000
Total Current Debt	1 294 000	1 686 000	1 230 000	699 000
Total Equity and Debt	2 200 000	1 775 000	837 000	890 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 480 000	1 190 000	0	1 175 000
Other Income	0	0	0	0
Revenue	1 480 000	1 190 000	0	1 175 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	59 000	−59 000	755 000
Depreciation	73 000	73 000	73 000	45 000
Impairment	0	0	0	0
Expenditure	466 000	638 000	489 000	1 856 000
Operating Profit	1 014 000	552 000	−490 000	−681 000
Financial Income	5 000	0	0	0
Financial Costs	46 000	44 000	40 000	40 000
Financial Balance	−41 000	−44 000	−40 000	−40 000
Dividends	0	0	0	0
Net Income	966 000	508 000	−529 000	−721 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	100 000	0	0	0
Fixtures	0	173 000	246 000	248 000
Total Tangible Assets	100 000	173 000	246 000	248 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	112 000	173 000	246 000	248 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	511 000	135 000	15 000	18 000
Total Current Assets	2 088 000	1 602 000	591 000	642 000
Total Assets	2 200 000	1 775 000	837 000	890 000
Total Equity	353 000	−544 000	−1 052 000	−522 000
Short-Term Group Debt	88 000	0	0	0
Total Long-Term Debt	552 000	632 000	659 000	713 000
Creditors	589 000	606 000	614 000	150 000
Unpaid Taxes	57 000	107 000	3 000	24 000
Dividends	0	0	0	0
Other Current Debt	560 000	973 000	613 000	525 000
Total Current Debt	1 294 000	1 686 000	1 230 000	699 000
Total Equity and Debt	2 200 000	1 775 000	837 000	890 000

Financial indicators	2022	2021	2020	2019
Return on Equity	273,65 %	−93,38 %	50,29 %	138,12 %
Debt-to-Equity Ratio	1,56	−1,16	−0,63	−1,37
Operating Profit Margin	68,51 %	46,39 %	-	−57,96 %
Current Ratio	1,61	0,95	0,48	0,92
Quick Ratio	1,61	0,95	0,48	0,92
Equity Ratio	0,16	−0,31	−1,26	−0,59
Gross Profit Margin	100 %	100 %	-	100 %