ERICA KVAM AS

7042 TRONDHEIM

Finances

Return on Equity

9 %

Current Ratio

2,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 090 000	1 192 000	1 040 000
Net Income	38 000	236 000	276 000
Total Assets	650 000	611 000	528 000
Total Equity	422 000	534 000	298 000

Income (NOK)	2022	2021	2020
Revenue	1 090 000	1 192 000	1 040 000
Expenditure	991 000	882 000	684 000
Operating Profit	99 000	309 000	356 000
Financial Income	2 000	1 000	0
Financial Costs	4 000	7 000	4 000
Financial Balance	−2 000	−6 000	−4 000
Earnings Before Tax	98 000	303 000	352 000
Tax	59 000	67 000	76 000
Net Income	38 000	236 000	276 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	25 000	13 000	0
Total Current Assets	625 000	598 000	528 000
Total Assets	650 000	611 000	528 000
Total Retained Equity	401 000	513 000	276 000
Total Equity	422 000	534 000	298 000
Total Long-Term Debt	0	0	0
Total Current Debt	227 000	77 000	230 000
Total Equity and Debt	650 000	611 000	528 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 090 000	1 192 000	1 040 000
Other Income	0	0	0
Revenue	1 090 000	1 192 000	1 040 000
Cost of Goods Sold	0	0	0
Salary Costs	693 000	834 000	639 000
Depreciation	3 000	2 000	0
Impairment	0	0	0
Expenditure	991 000	882 000	684 000
Operating Profit	99 000	309 000	356 000
Financial Income	2 000	1 000	0
Financial Costs	4 000	7 000	4 000
Financial Balance	−2 000	−6 000	−4 000
Dividends	0	0	0
Net Income	38 000	236 000	276 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	10 000	13 000	0
Total Tangible Assets	10 000	13 000	0
Total Fiancial Fixed Assets	15 000	0	0
Total Fixed Assets	25 000	13 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	544 000	249 000	401 000
Total Current Assets	625 000	598 000	528 000
Total Assets	650 000	611 000	528 000
Total Equity	422 000	534 000	298 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	23 000	0	9 000
Unpaid Taxes	80 000	80 000	82 000
Dividends	0	0	0
Other Current Debt	65 000	−69 000	63 000
Total Current Debt	227 000	77 000	230 000
Total Equity and Debt	650 000	611 000	528 000

Financial indicators	2022	2021	2020
Return on Equity	9 %	44,19 %	92,62 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	9,08 %	25,92 %	34,23 %
Current Ratio	2,75	7,77	2,3
Quick Ratio	2,75	7,77	2,3
Equity Ratio	0,65	0,87	0,56
Gross Profit Margin	100 %	100 %	100 %