ERVIK SEAFOOD AS

6750 STADLANDET

Finances

Return on Equity

15,76 %

Current Ratio

0,88

Debt-to-Equity Ratio

0,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	185 090 000	164 550 000	194 584 000	231 650 000
Net Income	3 022 000	4 179 000	−6 442 000	1 146 000
Total Assets	78 008 000	61 597 000	72 782 000	38 287 000
Total Equity	19 173 000	18 408 000	14 228 000	14 421 000

Income (NOK)	2022	2021	2020	2019
Revenue	185 090 000	164 550 000	194 584 000	231 650 000
Expenditure	181 264 000	157 995 000	187 178 000	227 793 000
Operating Profit	3 825 000	6 555 000	7 406 000	3 857 000
Financial Income	3 574 000	1 073 000	3 521 000	1 213 000
Financial Costs	3 511 000	2 263 000	19 175 000	3 616 000
Financial Balance	63 000	−1 190 000	−15 654 000	−2 403 000
Earnings Before Tax	3 888 000	5 365 000	−8 248 000	1 454 000
Tax	867 000	1 186 000	−1 806 000	308 000
Net Income	3 022 000	4 179 000	−6 442 000	1 146 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 267 000	34 833 000	38 541 000	11 456 000
Total Current Assets	42 741 000	26 764 000	34 241 000	26 831 000
Total Assets	78 008 000	61 597 000	72 782 000	38 287 000
Total Retained Equity	4 944 000	4 179 000	0	5 832 000
Total Equity	19 173 000	18 408 000	14 228 000	14 421 000
Total Long-Term Debt	10 485 000	17 485 000	32 000 000	6 000 000
Total Current Debt	48 351 000	25 705 000	26 554 000	17 866 000
Total Equity and Debt	78 008 000	61 597 000	72 782 000	38 287 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	183 303 000	162 186 000	192 777 000	229 767 000
Other Income	1 786 000	2 363 000	1 807 000	1 883 000
Revenue	185 090 000	164 550 000	194 584 000	231 650 000
Cost of Goods Sold	174 156 000	152 435 000	181 656 000	221 020 000
Salary Costs	4 566 000	3 538 000	3 255 000	3 447 000
Depreciation	11 000	14 000	123 000	123 000
Impairment	0	0	0	0
Expenditure	181 264 000	157 995 000	187 178 000	227 793 000
Operating Profit	3 825 000	6 555 000	7 406 000	3 857 000
Financial Income	3 574 000	1 073 000	3 521 000	1 213 000
Financial Costs	3 511 000	2 263 000	19 175 000	3 616 000
Financial Balance	63 000	−1 190 000	−15 654 000	−2 403 000
Dividends	0	0	0	0
Net Income	3 022 000	4 179 000	−6 442 000	1 146 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	32 000	38 000	75 000	32 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	23 000	34 000	10 000	133 000
Fixtures	0	0	0	0
Total Tangible Assets	23 000	34 000	10 000	133 000
Total Fiancial Fixed Assets	35 213 000	34 761 000	38 456 000	11 291 000
Total Fixed Assets	35 267 000	34 833 000	38 541 000	11 456 000
Stock	28 218 000	14 746 000	9 435 000	1 968 000
Total Investments	0	0	0	0
Cash, Bank	230 000	192 000	329 000	17 080 000
Total Current Assets	42 741 000	26 764 000	34 241 000	26 831 000
Total Assets	78 008 000	61 597 000	72 782 000	38 287 000
Total Equity	19 173 000	18 408 000	14 228 000	14 421 000
Short-Term Group Debt	2 893 000	0	0	0
Total Long-Term Debt	10 485 000	17 485 000	32 000 000	6 000 000
Creditors	17 363 000	10 432 000	14 306 000	6 579 000
Unpaid Taxes	329 000	265 000	256 000	227 000
Dividends	0	0	0	0
Other Current Debt	748 000	1 103 000	487 000	859 000
Total Current Debt	48 351 000	25 705 000	26 554 000	17 866 000
Total Equity and Debt	78 008 000	61 597 000	72 782 000	38 287 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,76 %	22,7 %	−45,28 %	7,95 %
Debt-to-Equity Ratio	0,55	0,95	2,25	0,42
Operating Profit Margin	2,07 %	3,98 %	3,81 %	1,67 %
Current Ratio	0,88	1,04	1,29	1,5
Quick Ratio	2,12	2,44	2	1,69
Equity Ratio	0,25	0,3	0,2	0,38
Gross Profit Margin	5,91 %	7,36 %	6,64 %	4,59 %