ERCO EIENDOMSFORVALTNING AS

7044 TRONDHEIM

Finances

Share Ownership

Return on Equity

711,88 %

Current Ratio

0,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 198 000	1 606 000	1 247 000	0
Net Income	719 000	1 002 000	511 000	1 000
Total Assets	1 114 000	1 534 000	899 000	95 000
Total Equity	101 000	106 000	106 000	95 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 198 000	1 606 000	1 247 000	0
Expenditure	276 000	321 000	592 000	0
Operating Profit	922 000	1 284 000	655 000	0
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	922 000	1 284 000	655 000	0
Tax	203 000	283 000	144 000	−1 000
Net Income	719 000	1 002 000	511 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	867 000	850 000	450 000	1 000
Total Current Assets	248 000	684 000	449 000	94 000
Total Assets	1 114 000	1 534 000	899 000	95 000
Total Retained Equity	6 000	12 000	11 000	1 000
Total Equity	101 000	106 000	106 000	95 000
Total Long-Term Debt	0	2 000	2 000	0
Total Current Debt	1 014 000	1 426 000	792 000	0
Total Equity and Debt	1 114 000	1 534 000	899 000	95 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 198 000	1 605 000	1 247 000	0
Other Income	0	1 000	0	0
Revenue	1 198 000	1 606 000	1 247 000	0
Cost of Goods Sold	187 000	180 000	451 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	276 000	321 000	592 000	0
Operating Profit	922 000	1 284 000	655 000	0
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	719 000	1 002 000	511 000	1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	867 000	850 000	450 000	0
Total Fixed Assets	867 000	850 000	450 000	1 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	130 000	297 000	98 000	94 000
Total Current Assets	248 000	684 000	449 000	94 000
Total Assets	1 114 000	1 534 000	899 000	95 000
Total Equity	101 000	106 000	106 000	95 000
Short-Term Group Debt	930 000	1 284 000	642 000	0
Total Long-Term Debt	0	2 000	2 000	0
Creditors	30 000	−7 000	87 000	0
Unpaid Taxes	54 000	150 000	63 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	1 014 000	1 426 000	792 000	0
Total Equity and Debt	1 114 000	1 534 000	899 000	95 000

Financial indicators	2022	2021	2020	2019
Return on Equity	711,88 %	945,28 %	482,08 %	1,05 %
Debt-to-Equity Ratio	0	0,02	0,02	0
Operating Profit Margin	76,96 %	79,95 %	52,53 %	-
Current Ratio	0,24	0,48	0,57	-
Quick Ratio	0,24	0,48	0,57	-
Equity Ratio	0,09	0,07	0,12	1
Gross Profit Margin	84,39 %	88,79 %	63,83 %	-