ERVIK AS

1400 SKI

Finances

Share Ownership

Return on Equity

4,03 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 163 000	73 981 000	85 074 000	42 173 000
Net Income	103 000	6 270 000	8 497 000	1 187 000
Total Assets	17 600 000	30 590 000	30 695 000	10 195 000
Total Equity	2 559 000	3 856 000	7 086 000	1 589 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 163 000	73 981 000	85 074 000	42 173 000
Expenditure	55 339 000	65 820 000	73 354 000	40 216 000
Operating Profit	822 000	8 162 000	11 721 000	1 956 000
Financial Income	192 000	392 000	317 000	34 000
Financial Costs	881 000	513 000	1 144 000	468 000
Financial Balance	−689 000	−121 000	−827 000	−434 000
Earnings Before Tax	133 000	8 041 000	10 894 000	1 522 000
Tax	30 000	1 770 000	2 397 000	336 000
Net Income	103 000	6 270 000	8 497 000	1 187 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	195 000	145 000	125 000	43 000
Total Current Assets	17 405 000	30 445 000	30 570 000	10 152 000
Total Assets	17 600 000	30 590 000	30 695 000	10 195 000
Total Retained Equity	2 409 000	3 706 000	6 936 000	1 439 000
Total Equity	2 559 000	3 856 000	7 086 000	1 589 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	15 041 000	26 734 000	23 610 000	8 606 000
Total Equity and Debt	17 600 000	30 590 000	30 695 000	10 195 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 163 000	73 981 000	85 074 000	42 173 000
Other Income	0	0	0	0
Revenue	56 163 000	73 981 000	85 074 000	42 173 000
Cost of Goods Sold	42 570 000	54 431 000	63 274 000	31 305 000
Salary Costs	6 415 000	5 571 000	5 023 000	4 733 000
Depreciation	11 000	11 000	13 000	6 000
Impairment	0	0	0	0
Expenditure	55 339 000	65 820 000	73 354 000	40 216 000
Operating Profit	822 000	8 162 000	11 721 000	1 956 000
Financial Income	192 000	392 000	317 000	34 000
Financial Costs	881 000	513 000	1 144 000	468 000
Financial Balance	−689 000	−121 000	−827 000	−434 000
Dividends	0	4 000 000	2 000 000	0
Net Income	103 000	6 270 000	8 497 000	1 187 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	19 000	19 000	35 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	35 000	10 000	20 000	8 000
Total Tangible Assets	35 000	10 000	20 000	8 000
Total Fiancial Fixed Assets	147 000	116 000	86 000	0
Total Fixed Assets	195 000	145 000	125 000	43 000
Stock	7 642 000	4 880 000	4 176 000	3 056 000
Total Investments	0	0	0	0
Cash, Bank	3 559 000	13 018 000	17 192 000	3 765 000
Total Current Assets	17 405 000	30 445 000	30 570 000	10 152 000
Total Assets	17 600 000	30 590 000	30 695 000	10 195 000
Total Equity	2 559 000	3 856 000	7 086 000	1 589 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 417 000	13 987 000	10 489 000	5 309 000
Unpaid Taxes	1 745 000	2 250 000	2 882 000	1 045 000
Dividends	0	4 000 000	2 000 000	0
Other Current Debt	585 000	568 000	854 000	418 000
Total Current Debt	15 041 000	26 734 000	23 610 000	8 606 000
Total Equity and Debt	17 600 000	30 590 000	30 695 000	10 195 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,03 %	162,6 %	119,91 %	74,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,46 %	11,03 %	13,78 %	4,64 %
Current Ratio	1,16	1,14	1,29	1,18
Quick Ratio	2,35	1,39	1,57	1,83
Equity Ratio	0,15	0,13	0,23	0,16
Gross Profit Margin	24,2 %	26,43 %	25,62 %	25,77 %