ERM DRIFT AS

8536 EVENES

Finances

Share Ownership

Return on Equity

4 343,79 %

Current Ratio

0,54

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 053 000	17 633 000	13 582 000	6 778 000
Net Income	7 341 000	1 363 000	−1 599 000	−2 724 000
Total Assets	12 039 000	8 023 000	2 935 000	1 614 000
Total Equity	169 000	−843 000	−4 317 000	−2 718 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 053 000	17 633 000	13 582 000	6 778 000
Expenditure	26 735 000	16 371 000	15 184 000	9 493 000
Operating Profit	9 318 000	1 262 000	−1 601 000	−2 714 000
Financial Income	34 000	124 000	16 000	0
Financial Costs	216 000	23 000	14 000	4 000
Financial Balance	−182 000	101 000	2 000	−4 000
Earnings Before Tax	9 135 000	1 363 000	−1 599 000	−2 718 000
Tax	1 794 000	0	0	7 000
Net Income	7 341 000	1 363 000	−1 599 000	−2 724 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 595 000	1 029 000	637 000	148 000
Total Current Assets	6 444 000	6 994 000	2 298 000	1 466 000
Total Assets	12 039 000	8 023 000	2 935 000	1 614 000
Total Retained Equity	−1 956 000	−2 968 000	−4 330 000	−2 731 000
Total Equity	169 000	−843 000	−4 317 000	−2 718 000
Total Long-Term Debt	8 000	4 400 000	4 813 000	0
Total Current Debt	11 862 000	4 465 000	2 439 000	4 332 000
Total Equity and Debt	12 039 000	8 023 000	2 935 000	1 614 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 972 000	14 856 000	12 248 000	6 666 000
Other Income	1 080 000	2 776 000	1 333 000	112 000
Revenue	36 053 000	17 633 000	13 582 000	6 778 000
Cost of Goods Sold	2 671 000	1 211 000	1 101 000	678 000
Salary Costs	6 681 000	3 201 000	2 595 000	3 214 000
Depreciation	195 000	148 000	71 000	18 000
Impairment	0	0	0	0
Expenditure	26 735 000	16 371 000	15 184 000	9 493 000
Operating Profit	9 318 000	1 262 000	−1 601 000	−2 714 000
Financial Income	34 000	124 000	16 000	0
Financial Costs	216 000	23 000	14 000	4 000
Financial Balance	−182 000	101 000	2 000	−4 000
Dividends	0	0	0	0
Net Income	7 341 000	1 363 000	−1 599 000	−2 724 000

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	0	0	0	0
Fixtures	632 000	507 000	607 000	118 000
Total Tangible Assets	632 000	507 000	607 000	118 000
Total Fiancial Fixed Assets	4 963 000	522 000	30 000	30 000
Total Fixed Assets	5 595 000	1 029 000	637 000	148 000
Stock	60 000	54 000	65 000	102 000
Total Investments	0	0	0	0
Cash, Bank	2 858 000	2 912 000	766 000	398 000
Total Current Assets	6 444 000	6 994 000	2 298 000	1 466 000
Total Assets	12 039 000	8 023 000	2 935 000	1 614 000
Total Equity	169 000	−843 000	−4 317 000	−2 718 000
Short-Term Group Debt	0	0	0	1 000 000
Total Long-Term Debt	8 000	4 400 000	4 813 000	0
Creditors	772 000	3 485 000	1 614 000	2 472 000
Unpaid Taxes	402 000	213 000	124 000	195 000
Dividends	0	0	0	0
Other Current Debt	10 688 000	767 000	701 000	666 000
Total Current Debt	11 862 000	4 465 000	2 439 000	4 332 000
Total Equity and Debt	12 039 000	8 023 000	2 935 000	1 614 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4 343,79 %	−161,68 %	37,04 %	100,22 %
Debt-to-Equity Ratio	0,05	−5,22	−1,11	−0
Operating Profit Margin	25,85 %	7,16 %	−11,79 %	−40,04 %
Current Ratio	0,54	1,57	0,94	0,34
Quick Ratio	0,55	1,59	0,97	0,35
Equity Ratio	0,01	−0,11	−1,47	−1,68
Gross Profit Margin	92,59 %	93,13 %	91,89 %	90 %