ERNST INVEST AS

3921 PORSGRUNN

Finances

Return on Equity

12,4 %

Current Ratio

0,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	6 370 000	4 092 000	1 437 000	9 627 000
Total Assets	53 552 000	48 512 000	48 770 000	52 036 000
Total Equity	51 382 000	46 412 000	46 320 000	48 083 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	23 000	35 000	38 000	24 000
Operating Profit	−23 000	−35 000	−38 000	−24 000
Financial Income	6 554 000	4 252 000	1 962 000	10 419 000
Financial Costs	57 000	0	544 000	940 000
Financial Balance	6 497 000	4 252 000	1 418 000	9 479 000
Earnings Before Tax	6 474 000	4 216 000	1 380 000	9 454 000
Tax	104 000	125 000	−57 000	−172 000
Net Income	6 370 000	4 092 000	1 437 000	9 627 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 162 000	46 655 000	42 280 000	30 651 000
Total Current Assets	1 390 000	1 857 000	6 491 000	21 385 000
Total Assets	53 552 000	48 512 000	48 770 000	52 036 000
Total Retained Equity	51 282 000	46 312 000	46 220 000	47 983 000
Total Equity	51 382 000	46 412 000	46 320 000	48 083 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 170 000	2 100 000	2 450 000	3 954 000
Total Equity and Debt	53 552 000	48 512 000	48 770 000	52 036 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	23 000	35 000	38 000	24 000
Operating Profit	−23 000	−35 000	−38 000	−24 000
Financial Income	6 554 000	4 252 000	1 962 000	10 419 000
Financial Costs	57 000	0	544 000	940 000
Financial Balance	6 497 000	4 252 000	1 418 000	9 479 000
Dividends	1 400 000	4 000 000	3 200 000	10 000 000
Net Income	6 370 000	4 092 000	1 437 000	9 627 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	580 000	685 000	809 000	752 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	51 582 000	45 971 000	41 470 000	29 899 000
Total Fixed Assets	52 162 000	46 655 000	42 280 000	30 651 000
Stock	0	0	0	0
Total Investments	91 000	145 000	141 000	136 000
Cash, Bank	1 299 000	462 000	6 349 000	21 249 000
Total Current Assets	1 390 000	1 857 000	6 491 000	21 385 000
Total Assets	53 552 000	48 512 000	48 770 000	52 036 000
Total Equity	51 382 000	46 412 000	46 320 000	48 083 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	1 400 000	4 000 000	3 200 000	10 000 000
Other Current Debt	770 000	0	450 000	454 000
Total Current Debt	2 170 000	2 100 000	2 450 000	3 954 000
Total Equity and Debt	53 552 000	48 512 000	48 770 000	52 036 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,4 %	8,82 %	3,1 %	20,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,64	0,88	2,65	5,41
Quick Ratio	0,64	0,88	2,65	5,41
Equity Ratio	0,96	0,96	0,95	0,92
Gross Profit Margin	-	-	-	-