ERGODICS AS

3018 DRAMMEN

Finances

Return on Equity

−238,73 %

Current Ratio

33,92

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	175 000	500 000	180 000	177 000
Net Income	−7 847 000	265 000	316 000	214 000
Total Assets	3 761 000	12 517 000	11 378 000	11 701 000
Total Equity	3 287 000	11 135 000	10 870 000	10 554 000

Income (NOK)	2022	2021	2020	2019
Revenue	175 000	500 000	180 000	177 000
Expenditure	419 000	272 000	155 000	273 000
Operating Profit	−244 000	228 000	25 000	−96 000
Financial Income	7 000	325 000	304 000	301 000
Financial Costs	7 665 000	238 000	8 000	14 000
Financial Balance	−7 658 000	87 000	296 000	287 000
Earnings Before Tax	−7 902 000	315 000	321 000	191 000
Tax	−54 000	50 000	5 000	−23 000
Net Income	−7 847 000	265 000	316 000	214 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 623 000	12 374 000	10 409 000	10 414 000
Total Current Assets	2 137 000	144 000	969 000	1 287 000
Total Assets	3 761 000	12 517 000	11 378 000	11 701 000
Total Retained Equity	3 187 000	11 035 000	10 770 000	10 454 000
Total Equity	3 287 000	11 135 000	10 870 000	10 554 000
Total Long-Term Debt	410 000	1 253 000	483 000	1 126 000
Total Current Debt	63 000	130 000	25 000	21 000
Total Equity and Debt	3 761 000	12 517 000	11 378 000	11 701 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	175 000	500 000	180 000	177 000
Other Income	0	0	0	0
Revenue	175 000	500 000	180 000	177 000
Cost of Goods Sold	0	0	0	0
Salary Costs	219 000	137 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	419 000	272 000	155 000	273 000
Operating Profit	−244 000	228 000	25 000	−96 000
Financial Income	7 000	325 000	304 000	301 000
Financial Costs	7 665 000	238 000	8 000	14 000
Financial Balance	−7 658 000	87 000	296 000	287 000
Dividends	0	0	0	0
Net Income	−7 847 000	265 000	316 000	214 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	123 000	69 000	119 000	124 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 500 000	12 305 000	10 290 000	10 290 000
Total Fixed Assets	1 623 000	12 374 000	10 409 000	10 414 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 137 000	144 000	969 000	1 287 000
Total Current Assets	2 137 000	144 000	969 000	1 287 000
Total Assets	3 761 000	12 517 000	11 378 000	11 701 000
Total Equity	3 287 000	11 135 000	10 870 000	10 554 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	410 000	1 253 000	483 000	1 126 000
Creditors	0	0	0	0
Unpaid Taxes	63 000	130 000	25 000	21 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	63 000	130 000	25 000	21 000
Total Equity and Debt	3 761 000	12 517 000	11 378 000	11 701 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−238,73 %	2,38 %	2,91 %	2,03 %
Debt-to-Equity Ratio	0,12	0,11	0,04	0,11
Operating Profit Margin	−139,43 %	45,6 %	13,89 %	−54,24 %
Current Ratio	33,92	1,11	38,76	61,29
Quick Ratio	33,92	1,11	38,76	61,29
Equity Ratio	0,87	0,89	0,96	0,9
Gross Profit Margin	100 %	100 %	100 %	100 %