ERSGAARD STORGATA AS

2615 LILLEHAMMER

Finances

Share Ownership

Return on Equity

31,91 %

Current Ratio

0,38

Debt-to-Equity Ratio

−5,46

Key figures (NOK)	2022	2021	2020
Revenue	976 000	619 000	73 000
Net Income	−930 000	−1 870 000	−135 000
Total Assets	15 415 000	16 314 000	15 158 000
Total Equity	−2 914 000	−1 984 000	−114 000

Income (NOK)	2022	2021	2020
Revenue	976 000	619 000	73 000
Expenditure	1 302 000	2 024 000	101 000
Operating Profit	−325 000	−1 405 000	−27 000
Financial Income	0	0	0
Financial Costs	605 000	465 000	108 000
Financial Balance	−605 000	−465 000	−108 000
Earnings Before Tax	−930 000	−1 870 000	−135 000
Tax	0	0	0
Net Income	−930 000	−1 870 000	−135 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	14 501 000	14 678 000	14 856 000
Total Current Assets	914 000	1 635 000	302 000
Total Assets	15 415 000	16 314 000	15 158 000
Total Retained Equity	−2 934 000	−2 005 000	−135 000
Total Equity	−2 914 000	−1 984 000	−114 000
Total Long-Term Debt	15 904 000	17 711 000	14 500 000
Total Current Debt	2 425 000	587 000	772 000
Total Equity and Debt	15 415 000	16 314 000	15 158 000

Cash flow (NOK)	2022	2021	2020
Sales Income	46 000	0	0
Other Income	930 000	619 000	73 000
Revenue	976 000	619 000	73 000
Cost of Goods Sold	0	1 000	0
Salary Costs	265 000	0	0
Depreciation	178 000	178 000	30 000
Impairment	0	0	0
Expenditure	1 302 000	2 024 000	101 000
Operating Profit	−325 000	−1 405 000	−27 000
Financial Income	0	0	0
Financial Costs	605 000	465 000	108 000
Financial Balance	−605 000	−465 000	−108 000
Dividends	0	0	0
Net Income	−930 000	−1 870 000	−135 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	14 501 000	14 678 000	14 856 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	14 501 000	14 678 000	14 856 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	14 501 000	14 678 000	14 856 000
Stock	572 000	557 000	207 000
Total Investments	0	0	0
Cash, Bank	189 000	1 025 000	42 000
Total Current Assets	914 000	1 635 000	302 000
Total Assets	15 415 000	16 314 000	15 158 000
Total Equity	−2 914 000	−1 984 000	−114 000
Short-Term Group Debt	2 000 000	0	536 000
Total Long-Term Debt	15 904 000	17 711 000	14 500 000
Creditors	12 000	511 000	174 000
Unpaid Taxes	30 000	0	0
Dividends	0	0	0
Other Current Debt	383 000	76 000	63 000
Total Current Debt	2 425 000	587 000	772 000
Total Equity and Debt	15 415 000	16 314 000	15 158 000

Financial indicators	2022	2021	2020
Return on Equity	31,91 %	94,25 %	118,42 %
Debt-to-Equity Ratio	−5,46	−8,93	−127,19
Operating Profit Margin	−33,3 %	−226,98 %	−36,99 %
Current Ratio	0,38	2,79	0,39
Quick Ratio	0,49	54,5	0,53
Equity Ratio	−0,19	−0,12	−0,01
Gross Profit Margin	100 %	99,84 %	100 %