ERVIKVEIEN 70 B AS

5106 ØVRE ERVIK

Finances

Share Ownership

Return on Equity

17,56 %

Current Ratio

0,07

Debt-to-Equity Ratio

14,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	434 000	609 000	756 000	609 000
Net Income	49 000	332 000	424 000	242 000
Total Assets	5 861 000	6 274 000	1 894 000	1 982 000
Total Equity	279 000	230 000	1 298 000	874 000

Income (NOK)	2022	2021	2020	2019
Revenue	434 000	609 000	756 000	609 000
Expenditure	181 000	162 000	202 000	287 000
Operating Profit	253 000	447 000	554 000	322 000
Financial Income	2 000	2 000	2 000	0
Financial Costs	178 000	11 000	0	0
Financial Balance	−176 000	−9 000	2 000	0
Earnings Before Tax	76 000	438 000	555 000	322 000
Tax	26 000	106 000	132 000	80 000
Net Income	49 000	332 000	424 000	242 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 762 000	5 842 000	1 550 000	1 630 000
Total Current Assets	99 000	432 000	344 000	352 000
Total Assets	5 861 000	6 274 000	1 894 000	1 982 000
Total Retained Equity	179 000	130 000	1 198 000	774 000
Total Equity	279 000	230 000	1 298 000	874 000
Total Long-Term Debt	4 140 000	4 500 000	0	0
Total Current Debt	1 442 000	1 544 000	596 000	1 108 000
Total Equity and Debt	5 861 000	6 274 000	1 894 000	1 982 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	434 000	609 000	756 000	609 000
Revenue	434 000	609 000	756 000	609 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	80 000	80 000	80 000	80 000
Impairment	0	0	0	0
Expenditure	181 000	162 000	202 000	287 000
Operating Profit	253 000	447 000	554 000	322 000
Financial Income	2 000	2 000	2 000	0
Financial Costs	178 000	11 000	0	0
Financial Balance	−176 000	−9 000	2 000	0
Dividends	0	1 400 000	0	0
Net Income	49 000	332 000	424 000	242 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 390 000	1 470 000	1 550 000	1 630 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 390 000	1 470 000	1 550 000	1 630 000
Total Fiancial Fixed Assets	4 372 000	4 372 000	0	0
Total Fixed Assets	5 762 000	5 842 000	1 550 000	1 630 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	98 000	225 000	138 000	332 000
Total Current Assets	99 000	432 000	344 000	352 000
Total Assets	5 861 000	6 274 000	1 894 000	1 982 000
Total Equity	279 000	230 000	1 298 000	874 000
Short-Term Group Debt	1 400 000	0	424 000	1 024 000
Total Long-Term Debt	4 140 000	4 500 000	0	0
Creditors	2 000	1 000	3 000	4 000
Unpaid Taxes	0	38 000	38 000	0
Dividends	0	1 400 000	0	0
Other Current Debt	13 000	0	0	0
Total Current Debt	1 442 000	1 544 000	596 000	1 108 000
Total Equity and Debt	5 861 000	6 274 000	1 894 000	1 982 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,56 %	144,35 %	32,67 %	27,69 %
Debt-to-Equity Ratio	14,84	19,57	0	0
Operating Profit Margin	58,29 %	73,4 %	73,28 %	52,87 %
Current Ratio	0,07	0,28	0,58	0,32
Quick Ratio	0,07	0,28	0,58	0,32
Equity Ratio	0,05	0,04	0,69	0,44
Gross Profit Margin	100 %	100 %	100 %	100 %