ERVIG MATSENTER AS

7067 TRONDHEIM

Finances

Return on Equity

110,44 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	46 607 000	51 074 000	55 688 000	52 857 000
Net Income	772 000	1 533 000	2 492 000	1 969 000
Total Assets	5 893 000	6 788 000	7 669 000	6 585 000
Total Equity	699 000	830 000	900 000	702 000

Income (NOK)	2022	2021	2020	2019
Revenue	46 607 000	51 074 000	55 688 000	52 857 000
Expenditure	45 497 000	49 035 000	52 700 000	50 423 000
Operating Profit	1 110 000	2 039 000	2 988 000	2 434 000
Financial Income	23 000	17 000	167 000	86 000
Financial Costs	109 000	70 000	4 000	5 000
Financial Balance	−86 000	−53 000	163 000	81 000
Earnings Before Tax	1 024 000	1 986 000	3 152 000	2 516 000
Tax	252 000	454 000	659 000	546 000
Net Income	772 000	1 533 000	2 492 000	1 969 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	348 000	422 000	2 357 000	1 550 000
Total Current Assets	5 544 000	6 365 000	5 312 000	5 035 000
Total Assets	5 893 000	6 788 000	7 669 000	6 585 000
Total Retained Equity	599 000	730 000	800 000	602 000
Total Equity	699 000	830 000	900 000	702 000
Total Long-Term Debt	1 000	4 000	2 000	0
Total Current Debt	5 193 000	5 954 000	6 767 000	5 883 000
Total Equity and Debt	5 893 000	6 788 000	7 669 000	6 585 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 540 000	49 951 000	54 486 000	51 654 000
Other Income	1 067 000	1 124 000	1 202 000	1 203 000
Revenue	46 607 000	51 074 000	55 688 000	52 857 000
Cost of Goods Sold	34 029 000	37 161 000	40 501 000	38 678 000
Salary Costs	5 762 000	6 017 000	5 841 000	5 703 000
Depreciation	98 000	95 000	73 000	67 000
Impairment	0	0	0	0
Expenditure	45 497 000	49 035 000	52 700 000	50 423 000
Operating Profit	1 110 000	2 039 000	2 988 000	2 434 000
Financial Income	23 000	17 000	167 000	86 000
Financial Costs	109 000	70 000	4 000	5 000
Financial Balance	−86 000	−53 000	163 000	81 000
Dividends	0	0	0	0
Net Income	772 000	1 533 000	2 492 000	1 969 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	10 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	332 000	406 000	501 000	140 000
Total Tangible Assets	332 000	406 000	501 000	140 000
Total Fiancial Fixed Assets	16 000	16 000	1 856 000	1 401 000
Total Fixed Assets	348 000	422 000	2 357 000	1 550 000
Stock	1 943 000	1 764 000	1 822 000	1 801 000
Total Investments	121 000	230 000	120 000	124 000
Cash, Bank	2 012 000	2 547 000	1 285 000	1 205 000
Total Current Assets	5 544 000	6 365 000	5 312 000	5 035 000
Total Assets	5 893 000	6 788 000	7 669 000	6 585 000
Total Equity	699 000	830 000	900 000	702 000
Short-Term Group Debt	1 658 000	2 455 000	2 942 000	2 495 000
Total Long-Term Debt	1 000	4 000	2 000	0
Creditors	1 705 000	1 513 000	1 866 000	1 596 000
Unpaid Taxes	461 000	505 000	479 000	519 000
Dividends	0	0	0	0
Other Current Debt	1 369 000	1 480 000	1 480 000	1 274 000
Total Current Debt	5 193 000	5 954 000	6 767 000	5 883 000
Total Equity and Debt	5 893 000	6 788 000	7 669 000	6 585 000

Financial indicators	2022	2021	2020	2019
Return on Equity	110,44 %	184,7 %	276,89 %	280,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,38 %	3,99 %	5,37 %	4,6 %
Current Ratio	1,07	1,07	0,78	0,86
Quick Ratio	1,71	1,52	1,07	1,23
Equity Ratio	0,12	0,12	0,12	0,11
Gross Profit Margin	26,99 %	27,24 %	27,27 %	26,83 %