ERANET AS

5600 NORHEIMSUND

Finances

Share Ownership

Return on Equity

−12,15 %

Current Ratio

21,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 000	10 000	47 000	53 000
Net Income	−2 040 000	1 959 000	798 000	1 727 000
Total Assets	17 591 000	19 844 000	18 165 000	17 973 000
Total Equity	16 789 000	19 329 000	17 869 000	17 072 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 000	10 000	47 000	53 000
Expenditure	308 000	300 000	307 000	284 000
Operating Profit	−301 000	−290 000	−260 000	−231 000
Financial Income	147 000	2 209 000	1 004 000	1 912 000
Financial Costs	1 939 000	20 000	0	0
Financial Balance	−1 792 000	2 189 000	1 004 000	1 912 000
Earnings Before Tax	−2 092 000	1 899 000	743 000	1 682 000
Tax	−53 000	−60 000	−55 000	−46 000
Net Income	−2 040 000	1 959 000	798 000	1 727 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	82 000	35 000	22 000	38 000
Total Current Assets	17 509 000	19 809 000	18 143 000	17 935 000
Total Assets	17 591 000	19 844 000	18 165 000	17 973 000
Total Retained Equity	16 047 000	18 587 000	17 127 000	16 330 000
Total Equity	16 789 000	19 329 000	17 869 000	17 072 000
Total Long-Term Debt	0	0	31 000	86 000
Total Current Debt	802 000	515 000	265 000	815 000
Total Equity and Debt	17 591 000	19 844 000	18 165 000	17 973 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 000	10 000	47 000	53 000
Other Income	0	0	0	0
Revenue	6 000	10 000	47 000	53 000
Cost of Goods Sold	0	0	2 000	0
Salary Costs	237 000	235 000	237 000	237 000
Depreciation	6 000	16 000	16 000	16 000
Impairment	0	0	0	0
Expenditure	308 000	300 000	307 000	284 000
Operating Profit	−301 000	−290 000	−260 000	−231 000
Financial Income	147 000	2 209 000	1 004 000	1 912 000
Financial Costs	1 939 000	20 000	0	0
Financial Balance	−1 792 000	2 189 000	1 004 000	1 912 000
Dividends	500 000	0	0	500 000
Net Income	−2 040 000	1 959 000	798 000	1 727 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	82 000	29 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	6 000	22 000	38 000
Total Tangible Assets	0	6 000	22 000	38 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	82 000	35 000	22 000	38 000
Stock	0	0	0	0
Total Investments	17 408 000	19 708 000	18 019 000	17 816 000
Cash, Bank	98 000	101 000	125 000	111 000
Total Current Assets	17 509 000	19 809 000	18 143 000	17 935 000
Total Assets	17 591 000	19 844 000	18 165 000	17 973 000
Total Equity	16 789 000	19 329 000	17 869 000	17 072 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	31 000	86 000
Creditors	3 000	2 000	0	4 000
Unpaid Taxes	17 000	16 000	18 000	25 000
Dividends	500 000	0	0	500 000
Other Current Debt	282 000	496 000	246 000	286 000
Total Current Debt	802 000	515 000	265 000	815 000
Total Equity and Debt	17 591 000	19 844 000	18 165 000	17 973 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,15 %	10,14 %	4,47 %	10,12 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−5 016,67 %	−2 900 %	−553,19 %	−435,85 %
Current Ratio	21,83	38,46	68,46	22,01
Quick Ratio	21,83	38,46	68,46	22,01
Equity Ratio	0,95	0,97	0,98	0,95
Gross Profit Margin	100 %	100 %	95,74 %	100 %