ERGON RØR AS

1405 LANGHUS

Finances

Share Ownership

Return on Equity

−9,82 %

Current Ratio

0,44

Debt-to-Equity Ratio

−0,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	525 000	1 544 000	1 415 000	1 361 000
Net Income	28 000	−58 000	−275 000	−4 000
Total Assets	197 000	333 000	399 000	768 000
Total Equity	−285 000	−313 000	−255 000	20 000

Income (NOK)	2022	2021	2020	2019
Revenue	525 000	1 544 000	1 415 000	1 361 000
Expenditure	474 000	1 583 000	1 659 000	1 349 000
Operating Profit	51 000	−40 000	−244 000	12 000
Financial Income	0	0	2 000	0
Financial Costs	23 000	19 000	35 000	15 000
Financial Balance	−23 000	−19 000	−33 000	−15 000
Earnings Before Tax	28 000	−58 000	−277 000	−2 000
Tax	0	0	−2 000	2 000
Net Income	28 000	−58 000	−275 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	108 000	208 000	308 000	408 000
Total Current Assets	89 000	125 000	91 000	360 000
Total Assets	197 000	333 000	399 000	768 000
Total Retained Equity	−309 000	−337 000	−279 000	−4 000
Total Equity	−285 000	−313 000	−255 000	20 000
Total Long-Term Debt	280 000	349 000	409 000	474 000
Total Current Debt	203 000	298 000	245 000	273 000
Total Equity and Debt	197 000	333 000	399 000	768 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	525 000	1 544 000	1 414 000	1 361 000
Other Income	0	0	2 000	0
Revenue	525 000	1 544 000	1 415 000	1 361 000
Cost of Goods Sold	113 000	919 000	343 000	422 000
Salary Costs	159 000	311 000	961 000	679 000
Depreciation	100 000	100 000	100 000	92 000
Impairment	0	0	0	0
Expenditure	474 000	1 583 000	1 659 000	1 349 000
Operating Profit	51 000	−40 000	−244 000	12 000
Financial Income	0	0	2 000	0
Financial Costs	23 000	19 000	35 000	15 000
Financial Balance	−23 000	−19 000	−33 000	−15 000
Dividends	0	0	0	0
Net Income	28 000	−58 000	−275 000	−4 000

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	108 000	208 000	308 000	408 000
Total Tangible Assets	108 000	208 000	308 000	408 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	108 000	208 000	308 000	408 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 000	32 000	10 000	115 000
Total Current Assets	89 000	125 000	91 000	360 000
Total Assets	197 000	333 000	399 000	768 000
Total Equity	−285 000	−313 000	−255 000	20 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	280 000	349 000	409 000	474 000
Creditors	−6 000	32 000	87 000	8 000
Unpaid Taxes	96 000	94 000	101 000	210 000
Dividends	0	0	0	0
Other Current Debt	113 000	172 000	58 000	55 000
Total Current Debt	203 000	298 000	245 000	273 000
Total Equity and Debt	197 000	333 000	399 000	768 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,82 %	18,53 %	107,84 %	−20 %
Debt-to-Equity Ratio	−0,98	−1,12	−1,6	23,7
Operating Profit Margin	9,71 %	−2,59 %	−17,24 %	0,88 %
Current Ratio	0,44	0,42	0,37	1,32
Quick Ratio	0,44	0,42	0,37	1,32
Equity Ratio	−1,45	−0,94	−0,64	0,03
Gross Profit Margin	78,48 %	40,48 %	75,76 %	68,99 %