ERP ADVISOR AS

0788 OSLO

Finances

Return on Equity

80,02 %

Current Ratio

6,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 000	265 000	51 000	93 000
Net Income	1 959 000	1 378 000	4 226 000	3 348 000
Total Assets	2 732 000	4 237 000	12 951 000	8 336 000
Total Equity	2 448 000	3 939 000	12 561 000	8 335 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 000	265 000	51 000	93 000
Expenditure	383 000	107 000	94 000	132 000
Operating Profit	−328 000	158 000	−43 000	−39 000
Financial Income	2 660 000	3 007 000	4 659 000	3 387 000
Financial Costs	448 000	1 743 000	34 000	0
Financial Balance	2 212 000	1 264 000	4 625 000	3 387 000
Earnings Before Tax	1 884 000	1 422 000	4 582 000	3 348 000
Tax	−75 000	45 000	356 000	0
Net Income	1 959 000	1 378 000	4 226 000	3 348 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	987 000	993 000	2 159 000	1 493 000
Total Current Assets	1 745 000	3 245 000	10 791 000	6 843 000
Total Assets	2 732 000	4 237 000	12 951 000	8 336 000
Total Retained Equity	2 348 000	3 839 000	12 461 000	8 235 000
Total Equity	2 448 000	3 939 000	12 561 000	8 335 000
Total Long-Term Debt	0	75 000	254 000	0
Total Current Debt	284 000	223 000	136 000	1 000
Total Equity and Debt	2 732 000	4 237 000	12 951 000	8 336 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	51 000	44 000
Other Income	55 000	265 000	0	48 000
Revenue	55 000	265 000	51 000	93 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	62 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	383 000	107 000	94 000	132 000
Operating Profit	−328 000	158 000	−43 000	−39 000
Financial Income	2 660 000	3 007 000	4 659 000	3 387 000
Financial Costs	448 000	1 743 000	34 000	0
Financial Balance	2 212 000	1 264 000	4 625 000	3 387 000
Dividends	3 450 000	10 000 000	0	0
Net Income	1 959 000	1 378 000	4 226 000	3 348 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	510 000	510 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	510 000	510 000
Total Fiancial Fixed Assets	987 000	993 000	1 650 000	984 000
Total Fixed Assets	987 000	993 000	2 159 000	1 493 000
Stock	0	0	0	0
Total Investments	0	1 148 000	4 966 000	0
Cash, Bank	1 688 000	2 089 000	4 184 000	5 738 000
Total Current Assets	1 745 000	3 245 000	10 791 000	6 843 000
Total Assets	2 732 000	4 237 000	12 951 000	8 336 000
Total Equity	2 448 000	3 939 000	12 561 000	8 335 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	75 000	254 000	0
Creditors	9 000	0	2 000	8 000
Unpaid Taxes	0	0	1 000	4 000
Dividends	3 450 000	10 000 000	0	0
Other Current Debt	275 000	0	31 000	−10 000
Total Current Debt	284 000	223 000	136 000	1 000
Total Equity and Debt	2 732 000	4 237 000	12 951 000	8 336 000

Financial indicators	2022	2021	2020	2019
Return on Equity	80,02 %	34,98 %	33,64 %	40,17 %
Debt-to-Equity Ratio	0	0,02	0,02	0
Operating Profit Margin	−596,36 %	59,62 %	−84,31 %	−41,94 %
Current Ratio	6,14	14,55	79,35	6 843
Quick Ratio	6,14	14,55	79,35	6 843
Equity Ratio	0,9	0,93	0,97	1
Gross Profit Margin	100 %	100 %	100 %	100 %