ERVIK & SÆVIK EIENDOM AS

6092 FOSNAVÅG

Finances

Share Ownership

Return on Equity

−3,39 %

Current Ratio

0,16

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020
Revenue	3 809 000	0	0
Net Income	−626 000	−861 000	−503 000
Total Assets	146 653 000	85 087 000	17 780 000
Total Equity	18 478 000	11 003 000	11 864 000

Income (NOK)	2022	2021	2020
Revenue	3 809 000	0	0
Expenditure	4 449 000	1 097 000	647 000
Operating Profit	−640 000	−1 096 000	−647 000
Financial Income	4 000	0	0
Financial Costs	164 000	4 000	0
Financial Balance	−160 000	−4 000	0
Earnings Before Tax	−800 000	−1 100 000	−647 000
Tax	−175 000	−239 000	−144 000
Net Income	−626 000	−861 000	−503 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	126 792 000	82 201 000	16 456 000
Total Current Assets	19 862 000	2 886 000	1 324 000
Total Assets	146 653 000	85 087 000	17 780 000
Total Retained Equity	0	0	0
Total Equity	18 478 000	11 003 000	11 864 000
Total Long-Term Debt	2 516 000	788 000	788 000
Total Current Debt	125 660 000	73 296 000	5 129 000
Total Equity and Debt	146 653 000	85 087 000	17 780 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 138 000	0	0
Other Income	1 671 000	0	0
Revenue	3 809 000	0	0
Cost of Goods Sold	0	0	0
Salary Costs	865 000	830 000	0
Depreciation	1 981 000	0	0
Impairment	0	0	0
Expenditure	4 449 000	1 097 000	647 000
Operating Profit	−640 000	−1 096 000	−647 000
Financial Income	4 000	0	0
Financial Costs	164 000	4 000	0
Financial Balance	−160 000	−4 000	0
Dividends	0	0	0
Net Income	−626 000	−861 000	−503 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	383 000	144 000
Real Eastate	124 454 000	81 818 000	16 313 000
Machinery and Plant Facilities	0	0	0
Fixtures	2 338 000	0	0
Total Tangible Assets	126 792 000	81 818 000	16 313 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	126 792 000	82 201 000	16 456 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	5 517 000	1 348 000	776 000
Total Current Assets	19 862 000	2 886 000	1 324 000
Total Assets	146 653 000	85 087 000	17 780 000
Total Equity	18 478 000	11 003 000	11 864 000
Short-Term Group Debt	106 309 000	65 975 000	4 000 000
Total Long-Term Debt	2 516 000	788 000	788 000
Creditors	4 804 000	7 264 000	1 119 000
Unpaid Taxes	154 000	57 000	0
Dividends	0	0	0
Other Current Debt	14 393 000	0	10 000
Total Current Debt	125 660 000	73 296 000	5 129 000
Total Equity and Debt	146 653 000	85 087 000	17 780 000

Financial indicators	2022	2021	2020
Return on Equity	−3,39 %	−7,83 %	−4,24 %
Debt-to-Equity Ratio	0,14	0,07	0,07
Operating Profit Margin	−16,8 %	-	-
Current Ratio	0,16	0,04	0,26
Quick Ratio	0,16	0,04	0,26
Equity Ratio	0,13	0,13	0,67
Gross Profit Margin	100 %	-	-