ERMA AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

270,53 %

Current Ratio

1,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 975 000	1 536 000	3 425 000	12 464 000
Net Income	3 011 000	−498 000	−427 000	1 386 000
Total Assets	5 505 000	1 447 000	1 497 000	3 246 000
Total Equity	1 113 000	402 000	649 000	677 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 975 000	1 536 000	3 425 000	12 464 000
Expenditure	11 144 000	2 147 000	3 975 000	10 716 000
Operating Profit	3 831 000	−612 000	−550 000	1 748 000
Financial Income	30 000	2 000	14 000	29 000
Financial Costs	1 000	27 000	10 000	1 000
Financial Balance	29 000	−25 000	4 000	28 000
Earnings Before Tax	3 860 000	−638 000	−546 000	1 776 000
Tax	849 000	−140 000	−119 000	391 000
Net Income	3 011 000	−498 000	−427 000	1 386 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	436 000	563 000	443 000	510 000
Total Current Assets	5 070 000	884 000	1 054 000	2 736 000
Total Assets	5 505 000	1 447 000	1 497 000	3 246 000
Total Retained Equity	413 000	−298 000	199 000	627 000
Total Equity	1 113 000	402 000	649 000	677 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 393 000	1 046 000	848 000	2 570 000
Total Equity and Debt	5 505 000	1 447 000	1 497 000	3 246 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 566 000	696 000	2 569 000	12 419 000
Other Income	409 000	839 000	856 000	45 000
Revenue	14 975 000	1 536 000	3 425 000	12 464 000
Cost of Goods Sold	1 957 000	65 000	290 000	1 094 000
Salary Costs	2 791 000	230 000	885 000	3 287 000
Depreciation	6 000	2 000	7 000	30 000
Impairment	0	0	0	0
Expenditure	11 144 000	2 147 000	3 975 000	10 716 000
Operating Profit	3 831 000	−612 000	−550 000	1 748 000
Financial Income	30 000	2 000	14 000	29 000
Financial Costs	1 000	27 000	10 000	1 000
Financial Balance	29 000	−25 000	4 000	28 000
Dividends	2 300 000	0	0	900 000
Net Income	3 011 000	−498 000	−427 000	1 386 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	146 000	6 000	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	34 000	6 000	9 000	11 000
Fixtures	15 000	0	0	5 000
Total Tangible Assets	48 000	6 000	9 000	16 000
Total Fiancial Fixed Assets	384 000	411 000	428 000	488 000
Total Fixed Assets	436 000	563 000	443 000	510 000
Stock	178 000	123 000	132 000	242 000
Total Investments	0	0	0	0
Cash, Bank	4 824 000	595 000	368 000	2 411 000
Total Current Assets	5 070 000	884 000	1 054 000	2 736 000
Total Assets	5 505 000	1 447 000	1 497 000	3 246 000
Total Equity	1 113 000	402 000	649 000	677 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	138 000	914 000	358 000	157 000
Unpaid Taxes	766 000	94 000	10 000	622 000
Dividends	2 300 000	0	0	900 000
Other Current Debt	482 000	37 000	89 000	501 000
Total Current Debt	4 393 000	1 046 000	848 000	2 570 000
Total Equity and Debt	5 505 000	1 447 000	1 497 000	3 246 000

Financial indicators	2022	2021	2020	2019
Return on Equity	270,53 %	−123,88 %	−65,79 %	204,73 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25,58 %	−39,84 %	−16,06 %	14,02 %
Current Ratio	1,15	0,85	1,24	1,06
Quick Ratio	1,2	0,96	1,47	1,18
Equity Ratio	0,2	0,28	0,43	0,21
Gross Profit Margin	86,93 %	95,77 %	91,53 %	91,22 %