ERM INVEST AS

0779 OSLO

Finances

Return on Equity

102,57 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	247 917 000	224 602 000	205 446 000
Net Income	90 367 000	−10 041 000	−1 844 000	−658 000
Total Assets	90 632 000	99 325 000	109 287 000	88 472 000
Total Equity	88 100 000	954 000	11 506 000	12 961 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	247 917 000	224 602 000	205 446 000
Expenditure	1 039 000	247 124 000	226 610 000	204 776 000
Operating Profit	−1 039 000	793 000	−2 007 000	670 000
Financial Income	97 388 000	2 583 000	2 954 000	429 000
Financial Costs	5 962 000	9 503 000	4 428 000	1 470 000
Financial Balance	91 426 000	−6 920 000	−1 474 000	−1 041 000
Earnings Before Tax	90 386 000	−6 127 000	−3 481 000	−370 000
Tax	19 000	3 914 000	−1 637 000	288 000
Net Income	90 367 000	−10 041 000	−1 844 000	−658 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	80 500 000	14 048 000	16 422 000	11 347 000
Total Current Assets	10 132 000	85 277 000	92 865 000	77 125 000
Total Assets	90 632 000	99 325 000	109 287 000	88 472 000
Total Retained Equity	87 992 000	846 000	11 398 000	12 853 000
Total Equity	88 100 000	954 000	11 506 000	12 961 000
Total Long-Term Debt	0	9 231 000	7 150 000	8 250 000
Total Current Debt	2 532 000	89 140 000	90 631 000	67 261 000
Total Equity and Debt	90 632 000	99 325 000	109 287 000	88 472 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	247 819 000	224 258 000	204 306 000
Other Income	0	98 000	343 000	1 141 000
Revenue	0	247 917 000	224 602 000	205 446 000
Cost of Goods Sold	0	56 050 000	51 592 000	52 526 000
Salary Costs	0	165 553 000	154 706 000	131 279 000
Depreciation	0	2 853 000	2 878 000	2 922 000
Impairment	0	0	0	0
Expenditure	1 039 000	247 124 000	226 610 000	204 776 000
Operating Profit	−1 039 000	793 000	−2 007 000	670 000
Financial Income	97 388 000	2 583 000	2 954 000	429 000
Financial Costs	5 962 000	9 503 000	4 428 000	1 470 000
Financial Balance	91 426 000	−6 920 000	−1 474 000	−1 041 000
Dividends	2 500 000	0	0	0
Net Income	90 367 000	−10 041 000	−1 844 000	−658 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	3 876 000	6 201 000	8 526 000
Total Intangible Assets	0	7 110 000	10 385 000	9 398 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	39 000	39 000	39 000
Fixtures	0	1 744 000	937 000	1 076 000
Total Tangible Assets	0	1 783 000	976 000	1 115 000
Total Fiancial Fixed Assets	80 500 000	5 154 000	5 062 000	834 000
Total Fixed Assets	80 500 000	14 048 000	16 422 000	11 347 000
Stock	0	0	0	0
Total Investments	351 000	351 000	351 000	351 000
Cash, Bank	7 737 000	26 420 000	39 492 000	24 070 000
Total Current Assets	10 132 000	85 277 000	92 865 000	77 125 000
Total Assets	90 632 000	99 325 000	109 287 000	88 472 000
Total Equity	88 100 000	954 000	11 506 000	12 961 000
Short-Term Group Debt	0	487 000	0	0
Total Long-Term Debt	0	9 231 000	7 150 000	8 250 000
Creditors	2 000	9 999 000	5 526 000	2 393 000
Unpaid Taxes	0	15 337 000	18 423 000	16 073 000
Dividends	2 500 000	0	0	0
Other Current Debt	11 000	56 490 000	53 188 000	42 531 000
Total Current Debt	2 532 000	89 140 000	90 631 000	67 261 000
Total Equity and Debt	90 632 000	99 325 000	109 287 000	88 472 000

Financial indicators	2022	2021	2020	2019
Return on Equity	102,57 %	−1 052,52 %	−16,03 %	−5,08 %
Debt-to-Equity Ratio	0	9,68	0,62	0,64
Operating Profit Margin	-	0,32 %	−0,89 %	0,33 %
Current Ratio	4	0,96	1,02	1,15
Quick Ratio	4	0,96	1,02	1,15
Equity Ratio	0,97	0,01	0,11	0,15
Gross Profit Margin	-	77,39 %	77,03 %	74,43 %