ERTO EIENDOM AS

5347 ÅGOTNES

Finances

Share Ownership

Return on Equity

62,05 %

Current Ratio

1,18

Debt-to-Equity Ratio

4,53

Key figures (NOK)	2022	2021	2020
Revenue	1 857 000	1 117 000	214 000
Net Income	1 035 000	404 000	73 000
Total Assets	9 490 000	7 197 000	1 879 000
Total Equity	1 668 000	633 000	473 000

Income (NOK)	2022	2021	2020
Revenue	1 857 000	1 117 000	214 000
Expenditure	515 000	403 000	88 000
Operating Profit	1 342 000	714 000	126 000
Financial Income	0	15 000	0
Financial Costs	394 000	161 000	33 000
Financial Balance	−394 000	−146 000	−33 000
Earnings Before Tax	948 000	569 000	94 000
Tax	−87 000	165 000	21 000
Net Income	1 035 000	404 000	73 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	9 185 000	6 948 000	1 675 000
Total Current Assets	305 000	249 000	204 000
Total Assets	9 490 000	7 197 000	1 879 000
Total Retained Equity	1 268 000	233 000	73 000
Total Equity	1 668 000	633 000	473 000
Total Long-Term Debt	7 563 000	6 038 000	1 387 000
Total Current Debt	259 000	527 000	19 000
Total Equity and Debt	9 490 000	7 197 000	1 879 000

Cash flow (NOK)	2022	2021	2020
Sales Income	26 000	21 000	4 000
Other Income	1 831 000	1 096 000	210 000
Revenue	1 857 000	1 117 000	214 000
Cost of Goods Sold	0	0	7 000
Salary Costs	0	0	0
Depreciation	341 000	200 000	60 000
Impairment	0	0	0
Expenditure	515 000	403 000	88 000
Operating Profit	1 342 000	714 000	126 000
Financial Income	0	15 000	0
Financial Costs	394 000	161 000	33 000
Financial Balance	−394 000	−146 000	−33 000
Dividends	0	0	0
Net Income	1 035 000	404 000	73 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	8 799 000	6 513 000	1 486 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	8 799 000	6 513 000	1 486 000
Total Fiancial Fixed Assets	386 000	435 000	190 000
Total Fixed Assets	9 185 000	6 948 000	1 675 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	263 000	170 000	164 000
Total Current Assets	305 000	249 000	204 000
Total Assets	9 490 000	7 197 000	1 879 000
Total Equity	1 668 000	633 000	473 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	7 563 000	6 038 000	1 387 000
Creditors	3 000	12 000	0
Unpaid Taxes	24 000	3 000	3 000
Dividends	0	0	0
Other Current Debt	33 000	415 000	0
Total Current Debt	259 000	527 000	19 000
Total Equity and Debt	9 490 000	7 197 000	1 879 000

Financial indicators	2022	2021	2020
Return on Equity	62,05 %	63,82 %	15,43 %
Debt-to-Equity Ratio	4,53	9,54	2,93
Operating Profit Margin	72,27 %	63,92 %	58,88 %
Current Ratio	1,18	0,47	10,74
Quick Ratio	1,18	0,47	10,74
Equity Ratio	0,18	0,09	0,25
Gross Profit Margin	100 %	100 %	96,73 %