ERVIK OCEAN AS

6750 STADLANDET

Finances

Return on Equity

−0,59 %

Current Ratio

0,55

Debt-to-Equity Ratio

1,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	59 315 000	99 819 000	323 952 000	176 905 000
Net Income	−1 565 000	12 333 000	178 735 000	76 415 000
Total Assets	859 262 000	782 180 000	758 037 000	749 535 000
Total Equity	266 536 000	285 350 000	279 195 000	210 787 000

Income (NOK)	2022	2021	2020	2019
Revenue	59 315 000	99 819 000	323 952 000	176 905 000
Expenditure	27 518 000	31 550 000	70 077 000	92 049 000
Operating Profit	31 796 000	68 270 000	253 875 000	84 857 000
Financial Income	11 851 000	13 200 000	24 941 000	35 020 000
Financial Costs	45 798 000	54 543 000	45 790 000	28 342 000
Financial Balance	−33 947 000	−41 343 000	−20 849 000	6 678 000
Earnings Before Tax	−2 151 000	26 926 000	233 027 000	91 535 000
Tax	−586 000	14 593 000	54 292 000	15 121 000
Net Income	−1 565 000	12 333 000	178 735 000	76 415 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	767 706 000	677 601 000	557 437 000	636 316 000
Total Current Assets	91 556 000	104 579 000	200 600 000	113 219 000
Total Assets	859 262 000	782 180 000	758 037 000	749 535 000
Total Retained Equity	256 642 000	275 456 000	269 301 000	200 893 000
Total Equity	266 536 000	285 350 000	279 195 000	210 787 000
Total Long-Term Debt	427 325 000	424 757 000	295 159 000	451 467 000
Total Current Debt	165 401 000	72 072 000	183 683 000	87 281 000
Total Equity and Debt	859 262 000	782 180 000	758 037 000	749 535 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	58 036 000	41 773 000	85 136 000	123 719 000
Other Income	1 278 000	58 046 000	238 816 000	53 186 000
Revenue	59 315 000	99 819 000	323 952 000	176 905 000
Cost of Goods Sold	0	0	13 511 000	28 150 000
Salary Costs	1 224 000	887 000	14 412 000	25 634 000
Depreciation	18 109 000	15 828 000	18 738 000	22 722 000
Impairment	0	0	0	0
Expenditure	27 518 000	31 550 000	70 077 000	92 049 000
Operating Profit	31 796 000	68 270 000	253 875 000	84 857 000
Financial Income	11 851 000	13 200 000	24 941 000	35 020 000
Financial Costs	45 798 000	54 543 000	45 790 000	28 342 000
Financial Balance	−33 947 000	−41 343 000	−20 849 000	6 678 000
Dividends	10 000 000	0	100 000 000	30 000 000
Net Income	−1 565 000	12 333 000	178 735 000	76 415 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	47 278 000
Real Eastate	120 899 000	44 058 000	59 839 000	23 482 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	91 000	95 000	154 000	90 000
Total Tangible Assets	596 210 000	540 001 000	372 578 000	469 301 000
Total Fiancial Fixed Assets	171 496 000	137 600 000	184 860 000	119 737 000
Total Fixed Assets	767 706 000	677 601 000	557 437 000	636 316 000
Stock	144 000	144 000	144 000	4 840 000
Total Investments	0	0	0	5 000 000
Cash, Bank	16 475 000	26 922 000	46 531 000	13 390 000
Total Current Assets	91 556 000	104 579 000	200 600 000	113 219 000
Total Assets	859 262 000	782 180 000	758 037 000	749 535 000
Total Equity	266 536 000	285 350 000	279 195 000	210 787 000
Short-Term Group Debt	131 059 000	52 977 000	18 903 000	7 213 000
Total Long-Term Debt	427 325 000	424 757 000	295 159 000	451 467 000
Creditors	10 847 000	6 987 000	7 654 000	22 558 000
Unpaid Taxes	711 000	447 000	36 375 000	13 745 000
Dividends	10 000 000	0	100 000 000	30 000 000
Other Current Debt	6 861 000	8 386 000	8 024 000	11 769 000
Total Current Debt	165 401 000	72 072 000	183 683 000	87 281 000
Total Equity and Debt	859 262 000	782 180 000	758 037 000	749 535 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,59 %	4,32 %	64,02 %	36,25 %
Debt-to-Equity Ratio	1,6	1,49	1,06	2,14
Operating Profit Margin	53,61 %	68,39 %	78,37 %	47,97 %
Current Ratio	0,55	1,45	1,09	1,3
Quick Ratio	0,55	1,45	1,09	1,37
Equity Ratio	0,31	0,36	0,37	0,28
Gross Profit Margin	100 %	100 %	95,83 %	84,09 %