ERCO INVEST AS

7061 TRONDHEIM

Finances

Return on Equity

19,69 %

Current Ratio

1,33

Debt-to-Equity Ratio

1,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 684 000	1 304 000	2 458 000	2 094 000
Net Income	8 504 000	7 811 000	6 175 000	6 522 000
Total Assets	135 018 000	140 424 000	125 790 000	79 552 000
Total Equity	43 187 000	40 019 000	32 715 000	36 720 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 684 000	1 304 000	2 458 000	2 094 000
Expenditure	1 544 000	1 689 000	1 346 000	932 000
Operating Profit	138 000	−385 000	1 112 000	1 162 000
Financial Income	12 804 000	11 391 000	9 120 000	8 059 000
Financial Costs	3 299 000	1 634 000	2 290 000	1 394 000
Financial Balance	9 505 000	9 757 000	6 830 000	6 665 000
Earnings Before Tax	9 644 000	9 372 000	7 943 000	7 826 000
Tax	1 140 000	1 561 000	1 768 000	1 305 000
Net Income	8 504 000	7 811 000	6 175 000	6 522 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	98 102 000	108 719 000	113 123 000	58 580 000
Total Current Assets	36 916 000	31 705 000	12 667 000	20 972 000
Total Assets	135 018 000	140 424 000	125 790 000	79 552 000
Total Retained Equity	39 422 000	36 254 000	28 950 000	32 955 000
Total Equity	43 187 000	40 019 000	32 715 000	36 720 000
Total Long-Term Debt	63 986 000	67 362 000	79 567 000	39 742 000
Total Current Debt	27 846 000	33 043 000	13 508 000	3 090 000
Total Equity and Debt	135 018 000	140 424 000	125 790 000	79 552 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	696 000	361 000	1 336 000	996 000
Other Income	988 000	943 000	1 122 000	1 098 000
Revenue	1 684 000	1 304 000	2 458 000	2 094 000
Cost of Goods Sold	0	0	0	0
Salary Costs	30 000	6 000	23 000	31 000
Depreciation	296 000	305 000	336 000	340 000
Impairment	0	0	0	0
Expenditure	1 544 000	1 689 000	1 346 000	932 000
Operating Profit	138 000	−385 000	1 112 000	1 162 000
Financial Income	12 804 000	11 391 000	9 120 000	8 059 000
Financial Costs	3 299 000	1 634 000	2 290 000	1 394 000
Financial Balance	9 505 000	9 757 000	6 830 000	6 665 000
Dividends	0	0	0	0
Net Income	8 504 000	7 811 000	6 175 000	6 522 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	770 000	792 000	3 209 000	3 256 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	779 000	1 032 000	1 315 000	1 101 000
Total Tangible Assets	1 549 000	1 824 000	4 523 000	4 357 000
Total Fiancial Fixed Assets	96 553 000	106 894 000	108 600 000	54 223 000
Total Fixed Assets	98 102 000	108 719 000	113 123 000	58 580 000
Stock	0	0	0	0
Total Investments	19 919 000	13 422 000	2 136 000	10 254 000
Cash, Bank	10 319 000	9 463 000	1 892 000	5 049 000
Total Current Assets	36 916 000	31 705 000	12 667 000	20 972 000
Total Assets	135 018 000	140 424 000	125 790 000	79 552 000
Total Equity	43 187 000	40 019 000	32 715 000	36 720 000
Short-Term Group Debt	431 000	651 000	231 000	0
Total Long-Term Debt	63 986 000	67 362 000	79 567 000	39 742 000
Creditors	18 000	11 000	178 000	61 000
Unpaid Taxes	25 000	146 000	186 000	97 000
Dividends	0	0	0	0
Other Current Debt	26 312 000	30 811 000	1 189 000	1 585 000
Total Current Debt	27 846 000	33 043 000	13 508 000	3 090 000
Total Equity and Debt	135 018 000	140 424 000	125 790 000	79 552 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,69 %	19,52 %	18,88 %	17,76 %
Debt-to-Equity Ratio	1,48	1,68	2,43	1,08
Operating Profit Margin	8,19 %	−29,52 %	45,24 %	55,49 %
Current Ratio	1,33	0,96	0,94	6,79
Quick Ratio	1,33	0,96	0,94	6,79
Equity Ratio	0,32	0,28	0,26	0,46
Gross Profit Margin	100 %	100 %	100 %	100 %