ERMA INDUSTRIER AS

6415 MOLDE

Finances

Return on Equity

52,17 %

Current Ratio

22,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	96 000	41 000	86 000	62 000
Net Income	10 747 000	3 043 000	−106 000	1 757 000
Total Assets	21 470 000	11 240 000	8 730 000	9 401 000
Total Equity	20 598 000	10 601 000	8 058 000	8 914 000

Income (NOK)	2022	2021	2020	2019
Revenue	96 000	41 000	86 000	62 000
Expenditure	706 000	489 000	258 000	399 000
Operating Profit	−609 000	−448 000	−173 000	−337 000
Financial Income	12 271 000	4 714 000	115 000	2 586 000
Financial Costs	915 000	1 223 000	0	560 000
Financial Balance	11 356 000	3 491 000	115 000	2 026 000
Earnings Before Tax	10 747 000	3 043 000	−58 000	1 689 000
Tax	0	0	48 000	−69 000
Net Income	10 747 000	3 043 000	−106 000	1 757 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 690 000	294 000	294 000	412 000
Total Current Assets	19 780 000	10 947 000	8 436 000	8 988 000
Total Assets	21 470 000	11 240 000	8 730 000	9 401 000
Total Retained Equity	20 328 000	10 331 000	7 788 000	8 644 000
Total Equity	20 598 000	10 601 000	8 058 000	8 914 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	872 000	640 000	672 000	487 000
Total Equity and Debt	21 470 000	11 240 000	8 730 000	9 401 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	96 000	41 000	86 000	62 000
Other Income	0	0	0	0
Revenue	96 000	41 000	86 000	62 000
Cost of Goods Sold	0	0	0	0
Salary Costs	597 000	432 000	161 000	319 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	706 000	489 000	258 000	399 000
Operating Profit	−609 000	−448 000	−173 000	−337 000
Financial Income	12 271 000	4 714 000	115 000	2 586 000
Financial Costs	915 000	1 223 000	0	560 000
Financial Balance	11 356 000	3 491 000	115 000	2 026 000
Dividends	750 000	500 000	550 000	400 000
Net Income	10 747 000	3 043 000	−106 000	1 757 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	69 000
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	1 690 000	294 000	294 000	344 000
Total Fixed Assets	1 690 000	294 000	294 000	412 000
Stock	0	0	0	0
Total Investments	10 591 000	7 774 000	7 652 000	1 085 000
Cash, Bank	9 052 000	3 173 000	732 000	7 824 000
Total Current Assets	19 780 000	10 947 000	8 436 000	8 988 000
Total Assets	21 470 000	11 240 000	8 730 000	9 401 000
Total Equity	20 598 000	10 601 000	8 058 000	8 914 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	57 000	92 000	54 000	57 000
Dividends	750 000	500 000	550 000	400 000
Other Current Debt	65 000	47 000	67 000	30 000
Total Current Debt	872 000	640 000	672 000	487 000
Total Equity and Debt	21 470 000	11 240 000	8 730 000	9 401 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,17 %	28,7 %	−1,32 %	19,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−634,38 %	−1 092,68 %	−201,16 %	−543,55 %
Current Ratio	22,68	17,1	12,55	18,46
Quick Ratio	22,68	17,1	12,55	18,46
Equity Ratio	0,96	0,94	0,92	0,95
Gross Profit Margin	100 %	100 %	100 %	100 %