ERSGAARD BOLIG III AS

2615 LILLEHAMMER

Finances

Share Ownership

Return on Equity

21,67 %

Current Ratio

4,5

Debt-to-Equity Ratio

−183,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	231 000	0	0	0
Net Income	−26 000	−118 000	−8 000	−16 000
Total Assets	25 151 000	4 377 000	76 000	8 000
Total Equity	−120 000	−93 000	24 000	6 000

Income (NOK)	2022	2021	2020	2019
Revenue	231 000	0	0	0
Expenditure	257 000	42 000	16 000	14 000
Operating Profit	−26 000	−42 000	−16 000	−14 000
Financial Income	0	0	0	0
Financial Costs	0	76 000	0	1 000
Financial Balance	0	−76 000	0	−1 000
Earnings Before Tax	−26 000	−118 000	−16 000	−16 000
Tax	0	0	−7 000	0
Net Income	−26 000	−118 000	−8 000	−16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 365 000	0	0	0
Total Current Assets	14 787 000	4 377 000	76 000	8 000
Total Assets	25 151 000	4 377 000	76 000	8 000
Total Retained Equity	−168 000	−142 000	−24 000	−16 000
Total Equity	−120 000	−93 000	24 000	6 000
Total Long-Term Debt	21 982 000	3 986 000	0	0
Total Current Debt	3 289 000	485 000	51 000	2 000
Total Equity and Debt	25 151 000	4 377 000	76 000	8 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 000	0	0	0
Other Income	211 000	0	0	0
Revenue	231 000	0	0	0
Cost of Goods Sold	31 000	0	0	0
Salary Costs	44 000	0	0	0
Depreciation	110 000	0	0	0
Impairment	0	0	0	0
Expenditure	257 000	42 000	16 000	14 000
Operating Profit	−26 000	−42 000	−16 000	−14 000
Financial Income	0	0	0	0
Financial Costs	0	76 000	0	1 000
Financial Balance	0	−76 000	0	−1 000
Dividends	0	0	0	0
Net Income	−26 000	−118 000	−8 000	−16 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 365 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 365 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 365 000	0	0	0
Stock	12 663 000	2 368 000	3 000	0
Total Investments	0	0	0	0
Cash, Bank	172 000	14 000	39 000	8 000
Total Current Assets	14 787 000	4 377 000	76 000	8 000
Total Assets	25 151 000	4 377 000	76 000	8 000
Total Equity	−120 000	−93 000	24 000	6 000
Short-Term Group Debt	3 015 000	0	50 000	0
Total Long-Term Debt	21 982 000	3 986 000	0	0
Creditors	259 000	485 000	1 000	2 000
Unpaid Taxes	7 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 000	0	0	0
Total Current Debt	3 289 000	485 000	51 000	2 000
Total Equity and Debt	25 151 000	4 377 000	76 000	8 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,67 %	126,88 %	−33,33 %	−266,67 %
Debt-to-Equity Ratio	−183,18	−42,86	0	0
Operating Profit Margin	−11,26 %	-	-	-
Current Ratio	4,5	9,02	1,49	4
Quick Ratio	−1,58	−2,32	1,58	4
Equity Ratio	−0	−0,02	0,32	0,75
Gross Profit Margin	86,58 %	-	-	-