ERGUL HOLDING AS

6010 ÅLESUND

Finances

Return on Equity

16,32 %

Current Ratio

2,87

Debt-to-Equity Ratio

0,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	791 000	819 000	861 000	1 439 000
Net Income	1 812 000	1 951 000	1 945 000	1 437 000
Total Assets	21 644 000	17 974 000	16 436 000	13 705 000
Total Equity	11 102 000	9 290 000	7 840 000	5 895 000

Income (NOK)	2022	2021	2020	2019
Revenue	791 000	819 000	861 000	1 439 000
Expenditure	470 000	355 000	461 000	537 000
Operating Profit	321 000	463 000	401 000	903 000
Financial Income	2 189 000	2 200 000	2 300 000	1 200 000
Financial Costs	187 000	163 000	207 000	256 000
Financial Balance	2 002 000	2 037 000	2 093 000	944 000
Earnings Before Tax	2 323 000	2 501 000	2 494 000	1 847 000
Tax	511 000	550 000	549 000	410 000
Net Income	1 812 000	1 951 000	1 945 000	1 437 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 040 000	11 671 000	11 785 000	11 682 000
Total Current Assets	2 604 000	6 303 000	4 651 000	2 023 000
Total Assets	21 644 000	17 974 000	16 436 000	13 705 000
Total Retained Equity	10 845 000	9 033 000	7 582 000	5 637 000
Total Equity	11 102 000	9 290 000	7 840 000	5 895 000
Total Long-Term Debt	9 633 000	8 097 000	5 684 000	6 250 000
Total Current Debt	908 000	587 000	2 912 000	1 561 000
Total Equity and Debt	21 644 000	17 974 000	16 436 000	13 705 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	791 000	819 000	861 000	954 000
Other Income	0	0	0	485 000
Revenue	791 000	819 000	861 000	1 439 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	108 000	92 000	105 000	126 000
Impairment	0	0	0	0
Expenditure	470 000	355 000	461 000	537 000
Operating Profit	321 000	463 000	401 000	903 000
Financial Income	2 189 000	2 200 000	2 300 000	1 200 000
Financial Costs	187 000	163 000	207 000	256 000
Financial Balance	2 002 000	2 037 000	2 093 000	944 000
Dividends	0	500 000	0	1 300 000
Net Income	1 812 000	1 951 000	1 945 000	1 437 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 466 000	8 096 000	8 211 000	8 108 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	15 466 000	8 096 000	8 211 000	8 108 000
Total Fiancial Fixed Assets	3 574 000	3 574 000	3 574 000	3 574 000
Total Fixed Assets	19 040 000	11 671 000	11 785 000	11 682 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	373 000	3 556 000	1 790 000	16 000
Total Current Assets	2 604 000	6 303 000	4 651 000	2 023 000
Total Assets	21 644 000	17 974 000	16 436 000	13 705 000
Total Equity	11 102 000	9 290 000	7 840 000	5 895 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 633 000	8 097 000	5 684 000	6 250 000
Creditors	22 000	7 000	1 000	1 000
Unpaid Taxes	11 000	0	0	0
Dividends	0	500 000	0	1 300 000
Other Current Debt	377 000	14 000	2 337 000	24 000
Total Current Debt	908 000	587 000	2 912 000	1 561 000
Total Equity and Debt	21 644 000	17 974 000	16 436 000	13 705 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,32 %	21 %	24,81 %	24,38 %
Debt-to-Equity Ratio	0,87	0,87	0,73	1,06
Operating Profit Margin	40,58 %	56,53 %	46,57 %	62,75 %
Current Ratio	2,87	10,74	1,6	1,3
Quick Ratio	2,87	10,74	1,6	1,3
Equity Ratio	0,51	0,52	0,48	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %