ERGOLINE AS

1360 FORNEBU

Finances

Share Ownership

Return on Equity

15,41 %

Current Ratio

2,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 946 000	11 258 000	10 032 000	13 908 000
Net Income	334 000	646 000	928 000	860 000
Total Assets	4 016 000	4 621 000	4 563 000	4 698 000
Total Equity	2 168 000	2 034 000	2 988 000	2 060 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 946 000	11 258 000	10 032 000	13 908 000
Expenditure	10 430 000	10 402 000	8 753 000	12 748 000
Operating Profit	516 000	856 000	1 279 000	1 160 000
Financial Income	32 000	24 000	24 000	11 000
Financial Costs	69 000	37 000	103 000	55 000
Financial Balance	−37 000	−13 000	−79 000	−44 000
Earnings Before Tax	479 000	842 000	1 200 000	1 116 000
Tax	145 000	196 000	271 000	257 000
Net Income	334 000	646 000	928 000	860 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	127 000	127 000	127 000	83 000
Total Current Assets	3 889 000	4 494 000	4 436 000	4 615 000
Total Assets	4 016 000	4 621 000	4 563 000	4 698 000
Total Retained Equity	2 064 000	1 930 000	2 885 000	1 956 000
Total Equity	2 168 000	2 034 000	2 988 000	2 060 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 848 000	2 586 000	1 574 000	2 638 000
Total Equity and Debt	4 016 000	4 621 000	4 563 000	4 698 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 967 000	11 245 000	10 013 000	13 956 000
Other Income	−21 000	13 000	19 000	−48 000
Revenue	10 946 000	11 258 000	10 032 000	13 908 000
Cost of Goods Sold	6 196 000	6 605 000	5 706 000	8 029 000
Salary Costs	2 557 000	2 539 000	1 845 000	3 079 000
Depreciation	0	0	0	33 000
Impairment	0	0	0	0
Expenditure	10 430 000	10 402 000	8 753 000	12 748 000
Operating Profit	516 000	856 000	1 279 000	1 160 000
Financial Income	32 000	24 000	24 000	11 000
Financial Costs	69 000	37 000	103 000	55 000
Financial Balance	−37 000	−13 000	−79 000	−44 000
Dividends	200 000	800 000	0	700 000
Net Income	334 000	646 000	928 000	860 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	44 000	44 000	44 000	0
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	83 000	83 000	83 000	83 000
Total Fixed Assets	127 000	127 000	127 000	83 000
Stock	1 129 000	1 057 000	1 071 000	1 610 000
Total Investments	0	0	0	0
Cash, Bank	1 129 000	2 727 000	2 495 000	2 018 000
Total Current Assets	3 889 000	4 494 000	4 436 000	4 615 000
Total Assets	4 016 000	4 621 000	4 563 000	4 698 000
Total Equity	2 168 000	2 034 000	2 988 000	2 060 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	526 000	673 000	423 000	594 000
Unpaid Taxes	630 000	574 000	497 000	572 000
Dividends	200 000	800 000	0	700 000
Other Current Debt	347 000	342 000	339 000	490 000
Total Current Debt	1 848 000	2 586 000	1 574 000	2 638 000
Total Equity and Debt	4 016 000	4 621 000	4 563 000	4 698 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,41 %	31,76 %	31,06 %	41,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,71 %	7,6 %	12,75 %	8,34 %
Current Ratio	2,1	1,74	2,82	1,75
Quick Ratio	5,41	2,94	8,82	4,49
Equity Ratio	0,54	0,44	0,65	0,44
Gross Profit Margin	43,39 %	41,33 %	43,12 %	42,27 %