ERKO SEAFOOD AS

5012 BERGEN

Finances

Return on Equity

39,48 %

Current Ratio

1,28

Debt-to-Equity Ratio

1,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	801 276 000	506 047 000	679 875 000	617 523 000
Net Income	141 821 000	20 830 000	−120 735 000	22 166 000
Total Assets	1 157 202 000	835 259 000	834 616 000	959 101 000
Total Equity	359 249 000	314 616 000	280 544 000	377 703 000

Income (NOK)	2022	2021	2020	2019
Revenue	801 276 000	506 047 000	679 875 000	617 523 000
Expenditure	726 740 000	512 357 000	697 411 000	612 484 000
Operating Profit	185 807 000	36 224 000	−144 724 000	32 367 000
Financial Income	15 483 000	8 024 000	6 510 000	10 170 000
Financial Costs	20 288 000	17 954 000	17 271 000	14 654 000
Financial Balance	−4 805 000	−9 930 000	−10 761 000	−4 484 000
Earnings Before Tax	181 001 000	26 294 000	−155 485 000	27 882 000
Tax	39 181 000	5 465 000	−34 750 000	5 716 000
Net Income	141 821 000	20 830 000	−120 735 000	22 166 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	675 303 000	460 805 000	519 364 000	499 736 000
Total Current Assets	481 899 000	374 454 000	315 252 000	459 366 000
Total Assets	1 157 202 000	835 259 000	834 616 000	959 101 000
Total Retained Equity	190 154 000	145 521 000	133 818 000	254 553 000
Total Equity	359 249 000	314 616 000	280 544 000	377 703 000
Total Long-Term Debt	421 611 000	432 642 000	403 524 000	361 549 000
Total Current Debt	376 343 000	88 000 000	150 547 000	219 849 000
Total Equity and Debt	1 157 202 000	835 259 000	834 616 000	959 101 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	801 203 000	505 211 000	679 168 000	599 125 000
Other Income	73 000	836 000	707 000	18 398 000
Revenue	801 276 000	506 047 000	679 875 000	617 523 000
Cost of Goods Sold	594 913 000	396 226 000	574 706 000	473 412 000
Salary Costs	40 006 000	35 654 000	38 294 000	37 411 000
Depreciation	26 858 000	29 906 000	36 904 000	31 009 000
Impairment	0	0	0	0
Expenditure	726 740 000	512 357 000	697 411 000	612 484 000
Operating Profit	185 807 000	36 224 000	−144 724 000	32 367 000
Financial Income	15 483 000	8 024 000	6 510 000	10 170 000
Financial Costs	20 288 000	17 954 000	17 271 000	14 654 000
Financial Balance	−4 805 000	−9 930 000	−10 761 000	−4 484 000
Dividends	0	0	0	0
Net Income	141 821 000	20 830 000	−120 735 000	22 166 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	209 194 000	209 135 000	207 000 000	212 864 000
Real Eastate	153 000	228 000	323 000	804 000
Machinery and Plant Facilities	73 022 000	83 487 000	96 744 000	117 035 000
Fixtures	0	373 000	905 000	1 438 000
Total Tangible Assets	82 712 000	86 075 000	101 548 000	124 596 000
Total Fiancial Fixed Assets	383 398 000	165 596 000	210 815 000	162 276 000
Total Fixed Assets	675 303 000	460 805 000	519 364 000	499 736 000
Stock	325 860 000	265 652 000	222 786 000	351 864 000
Total Investments	0	0	0	0
Cash, Bank	2 008 000	16 538 000	1 319 000	1 456 000
Total Current Assets	481 899 000	374 454 000	315 252 000	459 366 000
Total Assets	1 157 202 000	835 259 000	834 616 000	959 101 000
Total Equity	359 249 000	314 616 000	280 544 000	377 703 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	421 611 000	432 642 000	403 524 000	361 549 000
Creditors	93 703 000	67 897 000	50 917 000	80 633 000
Unpaid Taxes	3 253 000	2 662 000	2 375 000	2 567 000
Dividends	0	0	0	0
Other Current Debt	134 465 000	17 416 000	6 564 000	10 625 000
Total Current Debt	376 343 000	88 000 000	150 547 000	219 849 000
Total Equity and Debt	1 157 202 000	835 259 000	834 616 000	959 101 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,48 %	6,62 %	−43,04 %	5,87 %
Debt-to-Equity Ratio	1,17	1,38	1,44	0,96
Operating Profit Margin	23,19 %	7,16 %	−21,29 %	5,24 %
Current Ratio	1,28	4,26	2,09	2,09
Quick Ratio	9,55	−2,11	−4,36	−3,48
Equity Ratio	0,31	0,38	0,34	0,39
Gross Profit Margin	25,75 %	21,7 %	15,47 %	23,34 %