ERN INVEST AS

3924 PORSGRUNN

Finances

Return on Equity

54,08 %

Current Ratio

0,47

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	1 219 000	1 031 000	515 000	−109 000
Total Assets	3 671 000	3 804 000	3 566 000	3 429 000
Total Equity	2 254 000	2 636 000	2 308 000	2 142 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	42 000	13 000	17 000	28 000
Operating Profit	−42 000	−13 000	−17 000	−28 000
Financial Income	1 306 000	1 105 000	601 000	0
Financial Costs	46 000	61 000	69 000	81 000
Financial Balance	1 260 000	1 044 000	532 000	−81 000
Earnings Before Tax	1 219 000	1 031 000	515 000	−109 000
Tax	0	0	0	0
Net Income	1 219 000	1 031 000	515 000	−109 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 287 000	3 287 000	3 287 000	3 287 000
Total Current Assets	384 000	517 000	279 000	142 000
Total Assets	3 671 000	3 804 000	3 566 000	3 429 000
Total Retained Equity	1 289 000	1 670 000	1 342 000	1 177 000
Total Equity	2 254 000	2 636 000	2 308 000	2 142 000
Total Long-Term Debt	600 000	800 000	1 200 000	1 200 000
Total Current Debt	817 000	368 000	58 000	87 000
Total Equity and Debt	3 671 000	3 804 000	3 566 000	3 429 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	42 000	13 000	17 000	28 000
Operating Profit	−42 000	−13 000	−17 000	−28 000
Financial Income	1 306 000	1 105 000	601 000	0
Financial Costs	46 000	61 000	69 000	81 000
Financial Balance	1 260 000	1 044 000	532 000	−81 000
Dividends	1 600 000	703 000	350 000	0
Net Income	1 219 000	1 031 000	515 000	−109 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 287 000	3 287 000	3 287 000	3 287 000
Total Fixed Assets	3 287 000	3 287 000	3 287 000	3 287 000
Stock	0	0	0	0
Total Investments	116 000	98 000	0	0
Cash, Bank	227 000	8 000	184 000	48 000
Total Current Assets	384 000	517 000	279 000	142 000
Total Assets	3 671 000	3 804 000	3 566 000	3 429 000
Total Equity	2 254 000	2 636 000	2 308 000	2 142 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	600 000	800 000	1 200 000	1 200 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	1 600 000	703 000	350 000	0
Other Current Debt	817 000	368 000	58 000	87 000
Total Current Debt	817 000	368 000	58 000	87 000
Total Equity and Debt	3 671 000	3 804 000	3 566 000	3 429 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,08 %	39,11 %	22,31 %	−5,09 %
Debt-to-Equity Ratio	0,27	0,3	0,52	0,56
Operating Profit Margin	-	-	-	-
Current Ratio	0,47	1,4	4,81	1,63
Quick Ratio	0,47	1,4	4,81	1,63
Equity Ratio	0,61	0,69	0,65	0,62
Gross Profit Margin	-	-	-	-