ERAWAVE AS

4879 GRIMSTAD

Finances

Share Ownership

Return on Equity

1,72 %

Current Ratio

4,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	90 000	149 000	121 000	165 000
Net Income	4 000	55 000	31 000	70 000
Total Assets	301 000	326 000	244 000	204 000
Total Equity	233 000	230 000	174 000	143 000

Income (NOK)	2022	2021	2020	2019
Revenue	90 000	149 000	121 000	165 000
Expenditure	84 000	77 000	74 000	75 000
Operating Profit	6 000	71 000	47 000	90 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	6 000	71 000	47 000	90 000
Tax	2 000	16 000	16 000	20 000
Net Income	4 000	55 000	31 000	70 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 000	0	0	0
Total Current Assets	290 000	326 000	244 000	204 000
Total Assets	301 000	326 000	244 000	204 000
Total Retained Equity	83 000	80 000	24 000	−7 000
Total Equity	233 000	230 000	174 000	143 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	68 000	97 000	70 000	61 000
Total Equity and Debt	301 000	326 000	244 000	204 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	90 000	149 000	121 000	165 000
Other Income	0	0	0	0
Revenue	90 000	149 000	121 000	165 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	4 000	0	0	0
Impairment	0	0	0	0
Expenditure	84 000	77 000	74 000	75 000
Operating Profit	6 000	71 000	47 000	90 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	4 000	55 000	31 000	70 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	0	0	0
Total Tangible Assets	11 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	219 000	299 000	232 000	181 000
Total Current Assets	290 000	326 000	244 000	204 000
Total Assets	301 000	326 000	244 000	204 000
Total Equity	233 000	230 000	174 000	143 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	2 000	1 000	1 000
Unpaid Taxes	21 000	35 000	14 000	1 000
Dividends	0	0	0	0
Other Current Debt	44 000	44 000	44 000	44 000
Total Current Debt	68 000	97 000	70 000	61 000
Total Equity and Debt	301 000	326 000	244 000	204 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,72 %	23,91 %	17,82 %	48,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,67 %	47,65 %	38,84 %	54,55 %
Current Ratio	4,26	3,36	3,49	3,34
Quick Ratio	4,26	3,36	3,49	3,34
Equity Ratio	0,77	0,71	0,71	0,7
Gross Profit Margin	100 %	100 %	100 %	100 %