ERMEN AS

5460 HUSNES

Finances

Return on Equity

21,05 %

Current Ratio

4,13

Debt-to-Equity Ratio

0,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	945 000	897 000	884 000	896 000
Net Income	1 158 000	1 465 000	210 000	247 000
Total Assets	10 290 000	9 887 000	8 926 000	9 169 000
Total Equity	5 500 000	4 642 000	3 376 000	3 316 000

Income (NOK)	2022	2021	2020	2019
Revenue	945 000	897 000	884 000	896 000
Expenditure	384 000	304 000	314 000	276 000
Operating Profit	561 000	593 000	570 000	619 000
Financial Income	921 000	1 288 000	178 000	87 000
Financial Costs	188 000	230 000	491 000	370 000
Financial Balance	733 000	1 058 000	−313 000	−283 000
Earnings Before Tax	1 294 000	1 650 000	256 000	336 000
Tax	136 000	185 000	46 000	89 000
Net Income	1 158 000	1 465 000	210 000	247 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 331 000	7 220 000	7 142 000	7 328 000
Total Current Assets	2 959 000	2 667 000	1 784 000	1 840 000
Total Assets	10 290 000	9 887 000	8 926 000	9 169 000
Total Retained Equity	5 360 000	4 502 000	3 236 000	3 176 000
Total Equity	5 500 000	4 642 000	3 376 000	3 316 000
Total Long-Term Debt	4 073 000	4 448 000	5 040 000	5 399 000
Total Current Debt	717 000	797 000	510 000	454 000
Total Equity and Debt	10 290 000	9 887 000	8 926 000	9 169 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	945 000	897 000	884 000	896 000
Revenue	945 000	897 000	884 000	896 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	186 000	186 000	186 000	186 000
Impairment	0	0	0	0
Expenditure	384 000	304 000	314 000	276 000
Operating Profit	561 000	593 000	570 000	619 000
Financial Income	921 000	1 288 000	178 000	87 000
Financial Costs	188 000	230 000	491 000	370 000
Financial Balance	733 000	1 058 000	−313 000	−283 000
Dividends	300 000	200 000	150 000	300 000
Net Income	1 158 000	1 465 000	210 000	247 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 164 000	5 350 000	5 536 000	5 723 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 164 000	5 350 000	5 536 000	5 723 000
Total Fiancial Fixed Assets	2 168 000	1 870 000	1 606 000	1 606 000
Total Fixed Assets	7 331 000	7 220 000	7 142 000	7 328 000
Stock	0	0	0	0
Total Investments	137 000	755 000	1 094 000	1 063 000
Cash, Bank	2 302 000	1 295 000	590 000	594 000
Total Current Assets	2 959 000	2 667 000	1 784 000	1 840 000
Total Assets	10 290 000	9 887 000	8 926 000	9 169 000
Total Equity	5 500 000	4 642 000	3 376 000	3 316 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 073 000	4 448 000	5 040 000	5 399 000
Creditors	22 000	8 000	9 000	7 000
Unpaid Taxes	0	0	0	0
Dividends	300 000	200 000	150 000	300 000
Other Current Debt	612 000	619 000	454 000	424 000
Total Current Debt	717 000	797 000	510 000	454 000
Total Equity and Debt	10 290 000	9 887 000	8 926 000	9 169 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,05 %	31,56 %	6,22 %	7,45 %
Debt-to-Equity Ratio	0,74	0,96	1,49	1,63
Operating Profit Margin	59,37 %	66,11 %	64,48 %	69,08 %
Current Ratio	4,13	3,35	3,5	4,05
Quick Ratio	4,13	3,35	3,5	4,05
Equity Ratio	0,53	0,47	0,38	0,36
Gross Profit Margin	100 %	100 %	100 %	100 %