ERGA AS

4343 ORRE

Finances

Share Ownership

Return on Equity

191,48 %

Current Ratio

4,62

Debt-to-Equity Ratio

2,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	510 000	0	0	0
Net Income	944 000	−12 000	−19 000	−24 000
Total Assets	1 792 000	652 000	652 000	762 000
Total Equity	493 000	−451 000	−439 000	−421 000

Income (NOK)	2022	2021	2020	2019
Revenue	510 000	0	0	0
Expenditure	334 000	6 000	8 000	7 000
Operating Profit	176 000	−6 000	−8 000	−7 000
Financial Income	800 000	0	0	0
Financial Costs	19 000	6 000	11 000	17 000
Financial Balance	781 000	−6 000	−11 000	−17 000
Earnings Before Tax	957 000	−12 000	−19 000	−24 000
Tax	13 000	0	0	0
Net Income	944 000	−12 000	−19 000	−24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 085 000	500 000	500 000	500 000
Total Current Assets	707 000	152 000	152 000	262 000
Total Assets	1 792 000	652 000	652 000	762 000
Total Retained Equity	393 000	−551 000	−539 000	−521 000
Total Equity	493 000	−451 000	−439 000	−421 000
Total Long-Term Debt	1 145 000	0	0	0
Total Current Debt	153 000	1 103 000	1 091 000	1 182 000
Total Equity and Debt	1 792 000	652 000	652 000	762 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	510 000	0	0	0
Other Income	0	0	0	0
Revenue	510 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	213 000	0	0	0
Depreciation	40 000	0	0	0
Impairment	0	0	0	0
Expenditure	334 000	6 000	8 000	7 000
Operating Profit	176 000	−6 000	−8 000	−7 000
Financial Income	800 000	0	0	0
Financial Costs	19 000	6 000	11 000	17 000
Financial Balance	781 000	−6 000	−11 000	−17 000
Dividends	0	0	0	0
Net Income	944 000	−12 000	−19 000	−24 000

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	1 005 000	0	0	0
Fixtures	80 000	0	0	0
Total Tangible Assets	1 085 000	0	0	0
Total Fiancial Fixed Assets	0	500 000	500 000	500 000
Total Fixed Assets	1 085 000	500 000	500 000	500 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	152 000	152 000	152 000	262 000
Total Current Assets	707 000	152 000	152 000	262 000
Total Assets	1 792 000	652 000	652 000	762 000
Total Equity	493 000	−451 000	−439 000	−421 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 145 000	0	0	0
Creditors	33 000	0	1 000	0
Unpaid Taxes	44 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	77 000	1 103 000	1 090 000	1 182 000
Total Current Debt	153 000	1 103 000	1 091 000	1 182 000
Total Equity and Debt	1 792 000	652 000	652 000	762 000

Financial indicators	2022	2021	2020	2019
Return on Equity	191,48 %	2,66 %	4,33 %	5,7 %
Debt-to-Equity Ratio	2,32	−0	−0	−0
Operating Profit Margin	34,51 %	-	-	-
Current Ratio	4,62	0,14	0,14	0,22
Quick Ratio	4,62	0,14	0,14	0,22
Equity Ratio	0,28	−0,69	−0,67	−0,55
Gross Profit Margin	100 %	-	-	-