ERTSLAND HOLDING AS

5460 HUSNES

Finances

Share Ownership

Return on Equity

−3,13 %

Current Ratio

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	937 000	798 000	772 000	1 033 000
Net Income	−10 000	36 000	56 000	230 000
Total Assets	599 000	636 000	555 000	574 000
Total Equity	319 000	329 000	292 000	236 000

Income (NOK)	2022	2021	2020	2019
Revenue	937 000	798 000	772 000	1 033 000
Expenditure	940 000	753 000	709 000	784 000
Operating Profit	−3 000	44 000	63 000	248 000
Financial Income	0	0	1 000	0
Financial Costs	7 000	8 000	8 000	18 000
Financial Balance	−7 000	−8 000	−7 000	−18 000
Earnings Before Tax	−10 000	36 000	56 000	230 000
Tax	0	0	0	0
Net Income	−10 000	36 000	56 000	230 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	373 000	412 000	374 000	401 000
Total Current Assets	226 000	224 000	181 000	174 000
Total Assets	599 000	636 000	555 000	574 000
Total Retained Equity	72 000	82 000	46 000	−10 000
Total Equity	319 000	329 000	292 000	236 000
Total Long-Term Debt	54 000	121 000	93 000	133 000
Total Current Debt	227 000	187 000	170 000	205 000
Total Equity and Debt	599 000	636 000	555 000	574 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	919 000	776 000	752 000	712 000
Other Income	18 000	22 000	20 000	321 000
Revenue	937 000	798 000	772 000	1 033 000
Cost of Goods Sold	0	0	4 000	0
Salary Costs	797 000	662 000	609 000	696 000
Depreciation	39 000	27 000	26 000	26 000
Impairment	0	0	0	0
Expenditure	940 000	753 000	709 000	784 000
Operating Profit	−3 000	44 000	63 000	248 000
Financial Income	0	0	1 000	0
Financial Costs	7 000	8 000	8 000	18 000
Financial Balance	−7 000	−8 000	−7 000	−18 000
Dividends	0	0	0	0
Net Income	−10 000	36 000	56 000	230 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	72 000	98 000	124 000	151 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	51 000	64 000	0	0
Total Tangible Assets	123 000	162 000	124 000	151 000
Total Fiancial Fixed Assets	250 000	250 000	250 000	250 000
Total Fixed Assets	373 000	412 000	374 000	401 000
Stock	10 000	10 000	10 000	10 000
Total Investments	0	0	0	0
Cash, Bank	121 000	111 000	95 000	65 000
Total Current Assets	226 000	224 000	181 000	174 000
Total Assets	599 000	636 000	555 000	574 000
Total Equity	319 000	329 000	292 000	236 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	54 000	121 000	93 000	133 000
Creditors	3 000	−1 000	−2 000	0
Unpaid Taxes	115 000	92 000	74 000	78 000
Dividends	0	0	0	0
Other Current Debt	108 000	96 000	97 000	127 000
Total Current Debt	227 000	187 000	170 000	205 000
Total Equity and Debt	599 000	636 000	555 000	574 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,13 %	10,94 %	19,18 %	97,46 %
Debt-to-Equity Ratio	0,17	0,37	0,32	0,56
Operating Profit Margin	−0,32 %	5,51 %	8,16 %	24,01 %
Current Ratio	1	1,2	1,06	0,85
Quick Ratio	1,04	1,27	1,13	0,89
Equity Ratio	0,53	0,52	0,53	0,41
Gross Profit Margin	100 %	100 %	99,48 %	100 %