ERWE AS

0488 OSLO

Finances

Return on Equity

4,49 %

Current Ratio

1,27

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	896 448 000	621 276 000	391 405 000	766 978 000
Net Income	5 082 000	6 595 000	4 824 000	12 067 000
Total Assets	496 354 000	426 033 000	332 818 000	375 106 000
Total Equity	113 184 000	112 131 000	163 191 000	159 065 000

Income (NOK)	2022	2021	2020	2019
Revenue	896 448 000	621 276 000	391 405 000	766 978 000
Expenditure	890 957 000	612 491 000	388 292 000	755 881 000
Operating Profit	5 490 000	8 785 000	3 113 000	11 096 000
Financial Income	1 514 000	261 000	3 200 000	3 774 000
Financial Costs	409 000	521 000	676 000	75 000
Financial Balance	1 105 000	−260 000	2 524 000	3 699 000
Earnings Before Tax	6 595 000	8 525 000	5 637 000	14 796 000
Tax	1 513 000	1 930 000	813 000	2 728 000
Net Income	5 082 000	6 595 000	4 824 000	12 067 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 444 000	27 250 000	28 655 000	29 153 000
Total Current Assets	469 910 000	398 784 000	304 164 000	345 953 000
Total Assets	496 354 000	426 033 000	332 818 000	375 106 000
Total Retained Equity	113 046 000	60 052 000	112 863 000	109 181 000
Total Equity	113 184 000	112 131 000	163 191 000	159 065 000
Total Long-Term Debt	11 926 000	18 545 000	15 370 000	13 194 000
Total Current Debt	371 243 000	295 358 000	154 257 000	202 848 000
Total Equity and Debt	496 354 000	426 033 000	332 818 000	375 106 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	895 292 000	621 276 000	391 405 000	765 570 000
Other Income	1 156 000	0	0	1 408 000
Revenue	896 448 000	621 276 000	391 405 000	766 978 000
Cost of Goods Sold	759 638 000	512 072 000	320 571 000	689 901 000
Salary Costs	115 140 000	87 210 000	58 916 000	57 307 000
Depreciation	1 137 000	955 000	674 000	742 000
Impairment	0	0	0	0
Expenditure	890 957 000	612 491 000	388 292 000	755 881 000
Operating Profit	5 490 000	8 785 000	3 113 000	11 096 000
Financial Income	1 514 000	261 000	3 200 000	3 774 000
Financial Costs	409 000	521 000	676 000	75 000
Financial Balance	1 105 000	−260 000	2 524 000	3 699 000
Dividends	0	1 880 000	0	0
Net Income	5 082 000	6 595 000	4 824 000	12 067 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	600 000	800 000	1 000 000	0
Total Intangible Assets	1 116 000	1 316 000	1 150 000	1 732 000
Real Eastate	5 753 000	5 717 000	8 843 000	9 044 000
Machinery and Plant Facilities	77 000	102 000	137 000	175 000
Fixtures	1 850 000	1 760 000	1 412 000	1 652 000
Total Tangible Assets	7 680 000	7 578 000	10 392 000	10 870 000
Total Fiancial Fixed Assets	17 648 000	18 356 000	17 113 000	16 551 000
Total Fixed Assets	26 444 000	27 250 000	28 655 000	29 153 000
Stock	0	0	0	3 102 000
Total Investments	1 236 000	1 217 000	43 219 000	30 967 000
Cash, Bank	199 600 000	191 326 000	113 659 000	68 208 000
Total Current Assets	469 910 000	398 784 000	304 164 000	345 953 000
Total Assets	496 354 000	426 033 000	332 818 000	375 106 000
Total Equity	113 184 000	112 131 000	163 191 000	159 065 000
Short-Term Group Debt	0	116 315 000	0	0
Total Long-Term Debt	11 926 000	18 545 000	15 370 000	13 194 000
Creditors	195 074 000	155 003 000	111 411 000	147 546 000
Unpaid Taxes	10 134 000	21 644 000	7 513 000	7 970 000
Dividends	0	1 880 000	0	0
Other Current Debt	163 098 000	0	33 813 000	44 725 000
Total Current Debt	371 243 000	295 358 000	154 257 000	202 848 000
Total Equity and Debt	496 354 000	426 033 000	332 818 000	375 106 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,49 %	5,88 %	2,96 %	7,59 %
Debt-to-Equity Ratio	0,11	0,17	0,09	0,08
Operating Profit Margin	0,61 %	1,41 %	0,8 %	1,45 %
Current Ratio	1,27	1,35	1,97	1,71
Quick Ratio	1,27	1,35	1,97	1,73
Equity Ratio	0,23	0,26	0,49	0,42
Gross Profit Margin	15,26 %	17,58 %	18,1 %	10,05 %