ERH AS

0252 OSLO

Finances

Return on Equity

26,97 %

Current Ratio

6,8

Debt-to-Equity Ratio

−1,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 737 000	0	19 000	305 957 000
Net Income	−736 321 000	−1 033 709 000	−425 496 000	−5 144 000
Total Assets	731 579 000	1 782 067 000	1 477 567 000	1 464 947 000
Total Equity	−2 730 285 000	−1 954 759 000	−926 244 000	−378 705 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 737 000	0	19 000	305 957 000
Expenditure	15 640 000	93 047 000	110 806 000	59 496 000
Operating Profit	−13 903 000	−93 047 000	−110 787 000	246 461 000
Financial Income	−472 507 000	189 987 000	−11 661 000	−1 072 000
Financial Costs	388 348 000	704 072 000	305 983 000	246 853 000
Financial Balance	−860 855 000	−514 085 000	−317 644 000	−247 925 000
Earnings Before Tax	−874 758 000	−607 132 000	−428 431 000	−1 464 000
Tax	3 000	10 000	−2 935 000	3 680 000
Net Income	−736 321 000	−1 033 709 000	−425 496 000	−5 144 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	700 743 000	717 757 000	1 406 493 000	1 321 973 000
Total Current Assets	30 836 000	1 064 310 000	71 074 000	142 974 000
Total Assets	731 579 000	1 782 067 000	1 477 567 000	1 464 947 000
Total Retained Equity	−3 282 108 000	−2 506 582 000	−1 473 906 000	−918 190 000
Total Equity	−2 730 285 000	−1 954 759 000	−926 244 000	−378 705 000
Total Long-Term Debt	3 457 326 000	0	168 947 000	848 355 000
Total Current Debt	4 538 000	3 736 828 000	2 234 866 000	995 297 000
Total Equity and Debt	731 579 000	1 782 069 000	1 477 569 000	1 464 947 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 737 000	0	19 000	76 161 000
Other Income	0	0	0	229 796 000
Revenue	1 737 000	0	19 000	305 957 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 339 000	20 741 000	31 586 000	17 027 000
Depreciation	79 000	2 563 000	2 907 000	1 470 000
Impairment	0	0	0	0
Expenditure	15 640 000	93 047 000	110 806 000	59 496 000
Operating Profit	−13 903 000	−93 047 000	−110 787 000	246 461 000
Financial Income	−472 507 000	189 987 000	−11 661 000	−1 072 000
Financial Costs	388 348 000	704 072 000	305 983 000	246 853 000
Financial Balance	−860 855 000	−514 085 000	−317 644 000	−247 925 000
Dividends	0	0	0	0
Net Income	−736 321 000	−1 033 709 000	−425 496 000	−5 144 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	1 123 000	0	371 525 000
Total Intangible Assets	0	1 123 000	392 496 000	371 525 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	214 000	152 760 000	44 710 000
Total Tangible Assets	0	214 000	152 760 000	44 710 000
Total Fiancial Fixed Assets	700 743 000	716 420 000	861 237 000	905 738 000
Total Fixed Assets	700 743 000	717 757 000	1 406 493 000	1 321 973 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 733 000	1 001 472 000	12 498 000	68 294 000
Total Current Assets	30 836 000	1 064 310 000	71 074 000	142 974 000
Total Assets	731 579 000	1 782 067 000	1 477 567 000	1 464 947 000
Total Equity	−2 730 285 000	−1 954 759 000	−926 244 000	−378 705 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 457 326 000	0	168 947 000	848 355 000
Creditors	1 052 000	66 209 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 486 000	479 055 000	339 735 000	97 632 000
Total Current Debt	4 538 000	3 736 828 000	2 234 866 000	995 297 000
Total Equity and Debt	731 579 000	1 782 069 000	1 477 569 000	1 464 947 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,97 %	52,88 %	45,94 %	1,36 %
Debt-to-Equity Ratio	−1,27	−0	−0,18	−2,24
Operating Profit Margin	−800,4 %	-	−583 089,47 %	80,55 %
Current Ratio	6,8	0,28	0,03	0,14
Quick Ratio	6,8	0,28	0,03	0,14
Equity Ratio	−3,73	−1,1	−0,63	−0,26
Gross Profit Margin	100 %	-	100 %	100 %