ERV TEKNIKK AS

4580 LYNGDAL

Finances

Return on Equity

27,61 %

Current Ratio

1,58

Debt-to-Equity Ratio

0,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	107 961 000	98 975 000	109 889 000	165 655 000
Net Income	4 566 000	−5 416 000	3 416 000	4 235 000
Total Assets	57 930 000	44 204 000	55 996 000	48 732 000
Total Equity	16 536 000	11 970 000	20 386 000	16 970 000

Income (NOK)	2022	2021	2020	2019
Revenue	107 961 000	98 975 000	109 889 000	165 655 000
Expenditure	53 931 000	61 004 000	52 378 000	59 972 000
Operating Profit	3 908 000	−7 076 000	3 475 000	5 441 000
Financial Income	1 681 000	150 000	810 000	121 000
Financial Costs	120 000	34 000	52 000	93 000
Financial Balance	1 561 000	116 000	758 000	28 000
Earnings Before Tax	5 468 000	−6 960 000	4 234 000	5 468 000
Tax	903 000	−1 544 000	817 000	1 233 000
Net Income	4 566 000	−5 416 000	3 416 000	4 235 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 119 000	11 165 000	8 391 000	8 202 000
Total Current Assets	41 810 000	33 039 000	47 604 000	40 530 000
Total Assets	57 930 000	44 204 000	55 996 000	48 732 000
Total Retained Equity	16 036 000	11 470 000	19 886 000	16 470 000
Total Equity	16 536 000	11 970 000	20 386 000	16 970 000
Total Long-Term Debt	14 985 000	9 350 000	7 191 000	8 761 000
Total Current Debt	26 409 000	22 884 000	28 419 000	23 002 000
Total Equity and Debt	57 930 000	44 204 000	55 996 000	48 732 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	107 961 000	98 975 000	109 889 000	165 650 000
Other Income	0	0	0	5 000
Revenue	107 961 000	98 975 000	109 889 000	165 655 000
Cost of Goods Sold	0	0	0	0
Salary Costs	37 061 000	36 004 000	40 580 000	46 916 000
Depreciation	1 989 000	1 680 000	1 395 000	1 617 000
Impairment	0	0	0	0
Expenditure	53 931 000	61 004 000	52 378 000	59 972 000
Operating Profit	3 908 000	−7 076 000	3 475 000	5 441 000
Financial Income	1 681 000	150 000	810 000	121 000
Financial Costs	120 000	34 000	52 000	93 000
Financial Balance	1 561 000	116 000	758 000	28 000
Dividends	0	0	0	0
Net Income	4 566 000	−5 416 000	3 416 000	4 235 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 408 000	2 311 000	767 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	207 000	40 000	80 000	133 000
Fixtures	8 176 000	4 642 000	2 985 000	4 209 000
Total Tangible Assets	8 384 000	4 681 000	3 066 000	4 342 000
Total Fiancial Fixed Assets	6 328 000	4 173 000	4 559 000	3 860 000
Total Fixed Assets	16 119 000	11 165 000	8 391 000	8 202 000
Stock	3 906 000	3 893 000	3 046 000	2 975 000
Total Investments	0	0	0	0
Cash, Bank	5 715 000	7 818 000	9 167 000	3 914 000
Total Current Assets	41 810 000	33 039 000	47 604 000	40 530 000
Total Assets	57 930 000	44 204 000	55 996 000	48 732 000
Total Equity	16 536 000	11 970 000	20 386 000	16 970 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 985 000	9 350 000	7 191 000	8 761 000
Creditors	10 882 000	4 009 000	4 398 000	6 401 000
Unpaid Taxes	7 450 000	3 544 000	6 444 000	6 724 000
Dividends	0	0	0	0
Other Current Debt	8 077 000	15 331 000	15 206 000	9 877 000
Total Current Debt	26 409 000	22 884 000	28 419 000	23 002 000
Total Equity and Debt	57 930 000	44 204 000	55 996 000	48 732 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,61 %	−45,25 %	16,76 %	24,96 %
Debt-to-Equity Ratio	0,91	0,78	0,35	0,52
Operating Profit Margin	3,62 %	−7,15 %	3,16 %	3,28 %
Current Ratio	1,58	1,44	1,68	1,76
Quick Ratio	1,86	1,74	1,88	2,02
Equity Ratio	0,29	0,27	0,36	0,35
Gross Profit Margin	100 %	100 %	100 %	100 %