ERATE AS

0663 OSLO

Finances

Return on Equity

32,49 %

Current Ratio

0,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	792 898 000	661 612 000	514 686 000	398 382 000
Net Income	16 378 000	14 049 000	12 303 000	9 008 000
Total Assets	248 101 000	177 837 000	142 846 000	107 424 000
Total Equity	50 414 000	38 053 000	34 495 000	30 112 000

Income (NOK)	2022	2021	2020	2019
Revenue	792 898 000	661 612 000	514 686 000	398 382 000
Expenditure	765 148 000	645 965 000	498 888 000	386 899 000
Operating Profit	27 751 000	15 647 000	15 799 000	11 483 000
Financial Income	160 000	243 000	379 000	491 000
Financial Costs	5 513 000	1 739 000	374 000	340 000
Financial Balance	−5 353 000	−1 496 000	5 000	151 000
Earnings Before Tax	22 398 000	14 150 000	15 803 000	11 635 000
Tax	6 019 000	101 000	3 501 000	2 627 000
Net Income	16 378 000	14 049 000	12 303 000	9 008 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 133 000	36 570 000	17 975 000	19 397 000
Total Current Assets	194 968 000	141 267 000	124 871 000	88 027 000
Total Assets	248 101 000	177 837 000	142 846 000	107 424 000
Total Retained Equity	50 124 000	35 053 000	34 205 000	29 822 000
Total Equity	50 414 000	38 053 000	34 495 000	30 112 000
Total Long-Term Debt	0	19 000	0	7 260 000
Total Current Debt	197 687 000	139 765 000	108 351 000	70 052 000
Total Equity and Debt	248 101 000	177 837 000	142 846 000	107 424 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	792 882 000	661 612 000	514 686 000	398 382 000
Other Income	16 000	0	0	0
Revenue	792 898 000	661 612 000	514 686 000	398 382 000
Cost of Goods Sold	696 502 000	574 818 000	451 022 000	346 157 000
Salary Costs	43 564 000	44 321 000	26 624 000	23 988 000
Depreciation	4 504 000	8 225 000	7 654 000	6 316 000
Impairment	455 000	0	0	0
Expenditure	765 148 000	645 965 000	498 888 000	386 899 000
Operating Profit	27 751 000	15 647 000	15 799 000	11 483 000
Financial Income	160 000	243 000	379 000	491 000
Financial Costs	5 513 000	1 739 000	374 000	340 000
Financial Balance	−5 353 000	−1 496 000	5 000	151 000
Dividends	0	0	0	0
Net Income	16 378 000	14 049 000	12 303 000	9 008 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	19 756 000	198 000	242 000
Total Intangible Assets	9 135 000	36 199 000	12 295 000	12 212 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	863 000	274 000	180 000	185 000
Total Tangible Assets	863 000	274 000	180 000	185 000
Total Fiancial Fixed Assets	43 135 000	97 000	5 500 000	7 000 000
Total Fixed Assets	53 133 000	36 570 000	17 975 000	19 397 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	46 420 000	51 405 000	57 036 000	43 585 000
Total Current Assets	194 968 000	141 267 000	124 871 000	88 027 000
Total Assets	248 101 000	177 837 000	142 846 000	107 424 000
Total Equity	50 414 000	38 053 000	34 495 000	30 112 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	19 000	0	7 260 000
Creditors	75 948 000	64 797 000	52 944 000	32 110 000
Unpaid Taxes	10 652 000	7 681 000	3 564 000	4 489 000
Dividends	0	0	0	0
Other Current Debt	106 240 000	57 156 000	48 434 000	33 453 000
Total Current Debt	197 687 000	139 765 000	108 351 000	70 052 000
Total Equity and Debt	248 101 000	177 837 000	142 846 000	107 424 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,49 %	36,92 %	35,67 %	29,91 %
Debt-to-Equity Ratio	0	0	0	0,24
Operating Profit Margin	3,5 %	2,36 %	3,07 %	2,88 %
Current Ratio	0,99	1,01	1,15	1,26
Quick Ratio	0,99	1,01	1,15	1,26
Equity Ratio	0,2	0,21	0,24	0,28
Gross Profit Margin	12,16 %	13,12 %	12,37 %	13,11 %