ERMOCO AS

1252 OSLO

Finances

Share Ownership

Return on Equity

23,63 %

Current Ratio

5,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 843 000	7 948 000	4 641 000	8 047 000
Net Income	1 153 000	691 000	108 000	376 000
Total Assets	5 935 000	7 864 000	6 492 000	5 986 000
Total Equity	4 879 000	4 726 000	5 535 000	5 428 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 843 000	7 948 000	4 641 000	8 047 000
Expenditure	8 277 000	7 030 000	4 498 000	7 586 000
Operating Profit	1 567 000	918 000	144 000	461 000
Financial Income	38 000	16 000	62 000	70 000
Financial Costs	124 000	49 000	68 000	44 000
Financial Balance	−86 000	−33 000	−6 000	26 000
Earnings Before Tax	1 480 000	886 000	138 000	487 000
Tax	327 000	195 000	31 000	110 000
Net Income	1 153 000	691 000	108 000	376 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	58 000	116 000
Total Current Assets	5 935 000	7 864 000	6 434 000	5 870 000
Total Assets	5 935 000	7 864 000	6 492 000	5 986 000
Total Retained Equity	3 029 000	2 876 000	3 685 000	3 578 000
Total Equity	4 879 000	4 726 000	5 535 000	5 428 000
Total Long-Term Debt	3 000	3 000	5 000	18 000
Total Current Debt	1 053 000	3 135 000	952 000	541 000
Total Equity and Debt	5 935 000	7 864 000	6 492 000	5 986 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 815 000	7 941 000	4 550 000	8 047 000
Other Income	28 000	8 000	91 000	0
Revenue	9 843 000	7 948 000	4 641 000	8 047 000
Cost of Goods Sold	6 869 000	5 692 000	3 206 000	5 509 000
Salary Costs	638 000	664 000	546 000	1 081 000
Depreciation	0	10 000	58 000	58 000
Impairment	0	0	0	0
Expenditure	8 277 000	7 030 000	4 498 000	7 586 000
Operating Profit	1 567 000	918 000	144 000	461 000
Financial Income	38 000	16 000	62 000	70 000
Financial Costs	124 000	49 000	68 000	44 000
Financial Balance	−86 000	−33 000	−6 000	26 000
Dividends	1 000 000	1 500 000	0	0
Net Income	1 153 000	691 000	108 000	376 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	10 000	68 000
Total Tangible Assets	0	0	10 000	68 000
Total Fiancial Fixed Assets	0	0	48 000	48 000
Total Fixed Assets	0	0	58 000	116 000
Stock	49 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 917 000	5 610 000	4 904 000	3 481 000
Total Current Assets	5 935 000	7 864 000	6 434 000	5 870 000
Total Assets	5 935 000	7 864 000	6 492 000	5 986 000
Total Equity	4 879 000	4 726 000	5 535 000	5 428 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	3 000	5 000	18 000
Creditors	598 000	1 302 000	22 000	165 000
Unpaid Taxes	35 000	36 000	20 000	82 000
Dividends	1 000 000	1 500 000	0	0
Other Current Debt	93 000	100 000	867 000	180 000
Total Current Debt	1 053 000	3 135 000	952 000	541 000
Total Equity and Debt	5 935 000	7 864 000	6 492 000	5 986 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,63 %	14,62 %	1,95 %	6,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,92 %	11,55 %	3,1 %	5,73 %
Current Ratio	5,64	2,51	6,76	10,85
Quick Ratio	5,91	2,51	6,76	10,85
Equity Ratio	0,82	0,6	0,85	0,91
Gross Profit Margin	30,21 %	28,38 %	30,92 %	31,54 %