ERNEX AS

1792 TISTEDAL

Finances

Share Ownership

Return on Equity

−15,82 %

Current Ratio

1,85

Debt-to-Equity Ratio

0,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 955 000	50 229 000	40 445 000	33 470 000
Net Income	−1 181 000	−805 000	1 431 000	−4 562 000
Total Assets	24 015 000	24 431 000	25 553 000	22 934 000
Total Equity	7 463 000	8 493 000	9 403 000	3 378 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 955 000	50 229 000	40 445 000	33 470 000
Expenditure	57 905 000	51 165 000	39 022 000	37 114 000
Operating Profit	−950 000	−936 000	1 424 000	−3 643 000
Financial Income	764 000	1 378 000	853 000	666 000
Financial Costs	995 000	1 246 000	847 000	900 000
Financial Balance	−231 000	132 000	6 000	−234 000
Earnings Before Tax	−1 181 000	−805 000	1 431 000	−3 878 000
Tax	0	0	0	684 000
Net Income	−1 181 000	−805 000	1 431 000	−4 562 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 888 000	7 211 000	8 724 000	8 997 000
Total Current Assets	17 127 000	17 220 000	16 828 000	13 937 000
Total Assets	24 015 000	24 431 000	25 553 000	22 934 000
Total Retained Equity	5 042 000	6 073 000	6 982 000	1 357 000
Total Equity	7 463 000	8 493 000	9 403 000	3 378 000
Total Long-Term Debt	7 293 000	9 080 000	11 139 000	10 873 000
Total Current Debt	9 260 000	6 857 000	5 011 000	8 683 000
Total Equity and Debt	24 015 000	24 431 000	25 553 000	22 934 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 892 000	50 107 000	40 237 000	33 425 000
Other Income	63 000	122 000	209 000	46 000
Revenue	56 955 000	50 229 000	40 445 000	33 470 000
Cost of Goods Sold	25 810 000	21 955 000	16 586 000	19 497 000
Salary Costs	19 306 000	16 220 000	13 199 000	7 875 000
Depreciation	561 000	521 000	656 000	528 000
Impairment	0	1 517 000	15 000	0
Expenditure	57 905 000	51 165 000	39 022 000	37 114 000
Operating Profit	−950 000	−936 000	1 424 000	−3 643 000
Financial Income	764 000	1 378 000	853 000	666 000
Financial Costs	995 000	1 246 000	847 000	900 000
Financial Balance	−231 000	132 000	6 000	−234 000
Dividends	0	0	0	0
Net Income	−1 181 000	−805 000	1 431 000	−4 562 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 527 000	1 907 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 314 000	1 463 000	1 561 000	1 290 000
Fixtures	681 000	733 000	401 000	572 000
Total Tangible Assets	1 996 000	2 195 000	1 962 000	1 862 000
Total Fiancial Fixed Assets	4 892 000	5 015 000	5 235 000	5 227 000
Total Fixed Assets	6 888 000	7 211 000	8 724 000	8 997 000
Stock	11 627 000	9 362 000	8 184 000	9 510 000
Total Investments	0	0	0	0
Cash, Bank	611 000	604 000	4 592 000	595 000
Total Current Assets	17 127 000	17 220 000	16 828 000	13 937 000
Total Assets	24 015 000	24 431 000	25 553 000	22 934 000
Total Equity	7 463 000	8 493 000	9 403 000	3 378 000
Short-Term Group Debt	0	0	16 000	2 423 000
Total Long-Term Debt	7 293 000	9 080 000	11 139 000	10 873 000
Creditors	2 560 000	2 376 000	1 695 000	1 403 000
Unpaid Taxes	1 794 000	2 127 000	1 676 000	1 691 000
Dividends	0	0	0	0
Other Current Debt	2 471 000	2 182 000	1 623 000	1 916 000
Total Current Debt	9 260 000	6 857 000	5 011 000	8 683 000
Total Equity and Debt	24 015 000	24 431 000	25 553 000	22 934 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,82 %	−9,48 %	15,22 %	−135,05 %
Debt-to-Equity Ratio	0,98	1,07	1,18	3,22
Operating Profit Margin	−1,67 %	−1,86 %	3,52 %	−10,88 %
Current Ratio	1,85	2,51	3,36	1,61
Quick Ratio	−7,24	−6,87	−5,3	−16,85
Equity Ratio	0,31	0,35	0,37	0,15
Gross Profit Margin	54,68 %	56,29 %	58,99 %	41,75 %