ERBREV AS

6320 ISFJORDEN

Finances

Share Ownership

Return on Equity

13,81 %

Current Ratio

2,65

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 108 000	940 000	907 000	922 000
Net Income	70 000	46 000	14 000	247 000
Total Assets	1 006 000	899 000	603 000	643 000
Total Equity	507 000	437 000	391 000	377 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 108 000	940 000	907 000	922 000
Expenditure	998 000	885 000	915 000	663 000
Operating Profit	110 000	55 000	−10 000	259 000
Financial Income	0	0	28 000	3 000
Financial Costs	20 000	0	0	0
Financial Balance	−20 000	0	28 000	3 000
Earnings Before Tax	91 000	55 000	18 000	262 000
Tax	21 000	9 000	5 000	15 000
Net Income	70 000	46 000	14 000	247 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	585 000	750 000	369 000	458 000
Total Current Assets	421 000	149 000	234 000	185 000
Total Assets	1 006 000	899 000	603 000	643 000
Total Retained Equity	357 000	287 000	241 000	227 000
Total Equity	507 000	437 000	391 000	377 000
Total Long-Term Debt	340 000	381 000	0	0
Total Current Debt	159 000	81 000	212 000	266 000
Total Equity and Debt	1 006 000	899 000	603 000	643 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 104 000	937 000	906 000	912 000
Other Income	4 000	3 000	1 000	10 000
Revenue	1 108 000	940 000	907 000	922 000
Cost of Goods Sold	1 000	0	0	9 000
Salary Costs	487 000	183 000	333 000	23 000
Depreciation	165 000	35 000	31 000	11 000
Impairment	0	0	0	0
Expenditure	998 000	885 000	915 000	663 000
Operating Profit	110 000	55 000	−10 000	259 000
Financial Income	0	0	28 000	3 000
Financial Costs	20 000	0	0	0
Financial Balance	−20 000	0	28 000	3 000
Dividends	0	0	0	0
Net Income	70 000	46 000	14 000	247 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	585 000	750 000	110 000	91 000
Total Tangible Assets	585 000	750 000	110 000	91 000
Total Fiancial Fixed Assets	0	0	259 000	367 000
Total Fixed Assets	585 000	750 000	369 000	458 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	323 000	52 000	152 000	65 000
Total Current Assets	421 000	149 000	234 000	185 000
Total Assets	1 006 000	899 000	603 000	643 000
Total Equity	507 000	437 000	391 000	377 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	340 000	381 000	0	0
Creditors	7 000	2 000	25 000	15 000
Unpaid Taxes	94 000	32 000	52 000	33 000
Dividends	0	0	0	0
Other Current Debt	53 000	47 000	130 000	203 000
Total Current Debt	159 000	81 000	212 000	266 000
Total Equity and Debt	1 006 000	899 000	603 000	643 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,81 %	10,53 %	3,58 %	65,52 %
Debt-to-Equity Ratio	0,67	0,87	0	0
Operating Profit Margin	9,93 %	5,85 %	−1,1 %	28,09 %
Current Ratio	2,65	1,84	1,1	0,7
Quick Ratio	2,65	1,84	1,1	0,7
Equity Ratio	0,5	0,49	0,65	0,59
Gross Profit Margin	99,91 %	100 %	100 %	99,02 %