ERNST SOLBERG AS

3181 HORTEN

Finances

Return on Equity

−5,42 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 121 000	1 226 000	1 197 000	1 188 000
Net Income	−617 000	10 120 000	106 000	413 000
Total Assets	12 646 000	12 592 000	12 088 000	11 868 000
Total Equity	11 382 000	11 899 000	6 779 000	6 673 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 121 000	1 226 000	1 197 000	1 188 000
Expenditure	1 965 000	1 171 000	949 000	589 000
Operating Profit	−843 000	55 000	248 000	599 000
Financial Income	53 000	10 092 000	47 000	89 000
Financial Costs	0	15 000	160 000	159 000
Financial Balance	53 000	10 077 000	−113 000	−70 000
Earnings Before Tax	−790 000	10 133 000	135 000	529 000
Tax	−174 000	13 000	30 000	116 000
Net Income	−617 000	10 120 000	106 000	413 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 329 000	10 964 000	11 915 000	11 520 000
Total Current Assets	1 316 000	1 628 000	173 000	348 000
Total Assets	12 646 000	12 592 000	12 088 000	11 868 000
Total Retained Equity	11 182 000	11 799 000	6 679 000	6 573 000
Total Equity	11 382 000	11 899 000	6 779 000	6 673 000
Total Long-Term Debt	85 000	259 000	4 219 000	4 485 000
Total Current Debt	1 178 000	434 000	1 090 000	710 000
Total Equity and Debt	12 646 000	12 592 000	12 088 000	11 868 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	314 000	0	0	0
Other Income	807 000	1 226 000	1 197 000	1 188 000
Revenue	1 121 000	1 226 000	1 197 000	1 188 000
Cost of Goods Sold	0	256 000	400 000	0
Salary Costs	0	0	0	0
Depreciation	295 000	334 000	317 000	288 000
Impairment	0	0	0	0
Expenditure	1 965 000	1 171 000	949 000	589 000
Operating Profit	−843 000	55 000	248 000	599 000
Financial Income	53 000	10 092 000	47 000	89 000
Financial Costs	0	15 000	160 000	159 000
Financial Balance	53 000	10 077 000	−113 000	−70 000
Dividends	0	5 000 000	0	0
Net Income	−617 000	10 120 000	106 000	413 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 012 000	7 236 000	7 460 000	7 684 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	463 000	317 000	410 000
Total Tangible Assets	7 012 000	7 699 000	7 777 000	8 094 000
Total Fiancial Fixed Assets	4 317 000	3 264 000	4 137 000	3 426 000
Total Fixed Assets	11 329 000	10 964 000	11 915 000	11 520 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	613 000	1 570 000	74 000	199 000
Total Current Assets	1 316 000	1 628 000	173 000	348 000
Total Assets	12 646 000	12 592 000	12 088 000	11 868 000
Total Equity	11 382 000	11 899 000	6 779 000	6 673 000
Short-Term Group Debt	1 040 000	40 000	510 000	385 000
Total Long-Term Debt	85 000	259 000	4 219 000	4 485 000
Creditors	115 000	371 000	547 000	173 000
Unpaid Taxes	0	0	0	12 000
Dividends	0	5 000 000	0	0
Other Current Debt	22 000	19 000	28 000	36 000
Total Current Debt	1 178 000	434 000	1 090 000	710 000
Total Equity and Debt	12 646 000	12 592 000	12 088 000	11 868 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,42 %	85,05 %	1,56 %	6,19 %
Debt-to-Equity Ratio	0,01	0,02	0,62	0,67
Operating Profit Margin	−75,2 %	4,49 %	20,72 %	50,42 %
Current Ratio	1,12	3,75	0,16	0,49
Quick Ratio	1,12	3,75	0,16	0,49
Equity Ratio	0,9	0,94	0,56	0,56
Gross Profit Margin	100 %	79,12 %	66,58 %	100 %