ERKO SETTEFISK AS

5012 BERGEN

Finances

Return on Equity

4,07 %

Current Ratio

2,28

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	121 258 000	72 509 000	131 686 000	124 285 000
Net Income	6 902 000	430 000	313 000	9 851 000
Total Assets	341 595 000	357 131 000	394 553 000	437 420 000
Total Equity	169 440 000	170 962 000	161 406 000	182 981 000

Income (NOK)	2022	2021	2020	2019
Revenue	121 258 000	72 509 000	131 686 000	124 285 000
Expenditure	117 919 000	93 394 000	111 454 000	102 008 000
Operating Profit	11 070 000	2 584 000	3 513 000	20 328 000
Financial Income	4 090 000	3 156 000	3 633 000	666 000
Financial Costs	6 305 000	5 180 000	6 741 000	8 436 000
Financial Balance	−2 215 000	−2 024 000	−3 108 000	−7 770 000
Earnings Before Tax	8 855 000	559 000	405 000	12 558 000
Tax	1 953 000	129 000	92 000	2 707 000
Net Income	6 902 000	430 000	313 000	9 851 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	257 297 000	280 666 000	338 008 000	368 060 000
Total Current Assets	84 298 000	76 466 000	56 545 000	69 360 000
Total Assets	341 595 000	357 131 000	394 553 000	437 420 000
Total Retained Equity	0	430 000	0	11 673 000
Total Equity	169 440 000	170 962 000	161 406 000	182 981 000
Total Long-Term Debt	135 167 000	162 096 000	185 078 000	216 817 000
Total Current Debt	36 988 000	24 073 000	48 069 000	37 622 000
Total Equity and Debt	341 595 000	357 131 000	394 553 000	437 420 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	120 751 000	72 293 000	129 304 000	124 059 000
Other Income	507 000	216 000	2 383 000	227 000
Revenue	121 258 000	72 509 000	131 686 000	124 285 000
Cost of Goods Sold	58 628 000	45 800 000	63 703 000	52 167 000
Salary Costs	13 345 000	11 594 000	11 388 000	12 569 000
Depreciation	21 805 000	25 051 000	24 713 000	24 258 000
Impairment	4 827 000	0	0	0
Expenditure	117 919 000	93 394 000	111 454 000	102 008 000
Operating Profit	11 070 000	2 584 000	3 513 000	20 328 000
Financial Income	4 090 000	3 156 000	3 633 000	666 000
Financial Costs	6 305 000	5 180 000	6 741 000	8 436 000
Financial Balance	−2 215 000	−2 024 000	−3 108 000	−7 770 000
Dividends	0	0	0	0
Net Income	6 902 000	430 000	313 000	9 851 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	131 646 000	145 420 000	158 193 000	166 569 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 675 000	29 312 000	40 005 000	49 153 000
Total Tangible Assets	149 321 000	174 731 000	198 197 000	215 723 000
Total Fiancial Fixed Assets	107 976 000	105 935 000	139 810 000	152 337 000
Total Fixed Assets	257 297 000	280 666 000	338 008 000	368 060 000
Stock	61 226 000	56 908 000	33 439 000	60 133 000
Total Investments	0	0	0	0
Cash, Bank	550 000	436 000	421 000	493 000
Total Current Assets	84 298 000	76 466 000	56 545 000	69 360 000
Total Assets	341 595 000	357 131 000	394 553 000	437 420 000
Total Equity	169 440 000	170 962 000	161 406 000	182 981 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	135 167 000	162 096 000	185 078 000	216 817 000
Creditors	9 831 000	21 128 000	15 323 000	16 655 000
Unpaid Taxes	1 002 000	812 000	784 000	924 000
Dividends	0	0	0	0
Other Current Debt	12 908 000	2 133 000	30 296 000	19 765 000
Total Current Debt	36 988 000	24 073 000	48 069 000	37 622 000
Total Equity and Debt	341 595 000	357 131 000	394 553 000	437 420 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,07 %	0,25 %	0,19 %	5,38 %
Debt-to-Equity Ratio	0,8	0,95	1,15	1,18
Operating Profit Margin	9,13 %	3,56 %	2,67 %	16,36 %
Current Ratio	2,28	3,18	1,18	1,84
Quick Ratio	−3,48	−2,33	3,87	−3,08
Equity Ratio	0,5	0,48	0,41	0,42
Gross Profit Margin	51,65 %	36,84 %	51,63 %	58,03 %