ERGON NORDIC AS

4628 KRISTIANSAND S

Finances

Return on Equity

1,13 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 387 000	4 728 000	185 978 000	175 369 000
Net Income	1 893 000	−515 000	5 560 000	4 990 000
Total Assets	185 264 000	13 973 000	130 473 000	132 564 000
Total Equity	167 754 000	12 695 000	48 886 000	42 828 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 387 000	4 728 000	185 978 000	175 369 000
Expenditure	10 472 000	5 331 000	176 694 000	168 911 000
Operating Profit	−5 085 000	−604 000	9 284 000	6 458 000
Financial Income	9 002 000	2 000	2 316 000	4 277 000
Financial Costs	1 166 000	46 000	4 279 000	3 868 000
Financial Balance	7 836 000	−44 000	−1 963 000	409 000
Earnings Before Tax	2 752 000	−647 000	7 320 000	6 867 000
Tax	859 000	−133 000	1 760 000	1 878 000
Net Income	1 893 000	−515 000	5 560 000	4 990 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	166 217 000	9 577 000	69 251 000	75 433 000
Total Current Assets	19 047 000	4 396 000	61 222 000	57 131 000
Total Assets	185 264 000	13 973 000	130 473 000	132 564 000
Total Retained Equity	11 387 000	9 494 000	44 741 000	39 620 000
Total Equity	167 754 000	12 695 000	48 886 000	42 828 000
Total Long-Term Debt	0	21 000	44 601 000	56 154 000
Total Current Debt	17 510 000	1 257 000	36 985 000	33 582 000
Total Equity and Debt	185 264 000	13 973 000	130 473 000	132 564 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 495 000	2 445 000	181 933 000	172 532 000
Other Income	2 891 000	2 283 000	4 045 000	2 837 000
Revenue	5 387 000	4 728 000	185 978 000	175 369 000
Cost of Goods Sold	1 274 000	0	72 681 000	75 481 000
Salary Costs	2 680 000	2 033 000	31 944 000	30 215 000
Depreciation	151 000	26 000	16 237 000	14 590 000
Impairment	0	0	−500 000	500 000
Expenditure	10 472 000	5 331 000	176 694 000	168 911 000
Operating Profit	−5 085 000	−604 000	9 284 000	6 458 000
Financial Income	9 002 000	2 000	2 316 000	4 277 000
Financial Costs	1 166 000	46 000	4 279 000	3 868 000
Financial Balance	7 836 000	−44 000	−1 963 000	409 000
Dividends	0	0	0	0
Net Income	1 893 000	−515 000	5 560 000	4 990 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	351 000	0	0	0
Real Eastate	0	0	14 250 000	12 706 000
Machinery and Plant Facilities	0	0	38 510 000	47 208 000
Fixtures	435 000	374 000	16 491 000	15 519 000
Total Tangible Assets	435 000	374 000	69 251 000	75 433 000
Total Fiancial Fixed Assets	165 431 000	9 202 000	0	0
Total Fixed Assets	166 217 000	9 577 000	69 251 000	75 433 000
Stock	0	0	22 536 000	20 376 000
Total Investments	0	0	0	0
Cash, Bank	86 000	71 000	1 519 000	8 000
Total Current Assets	19 047 000	4 396 000	61 222 000	57 131 000
Total Assets	185 264 000	13 973 000	130 473 000	132 564 000
Total Equity	167 754 000	12 695 000	48 886 000	42 828 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	21 000	44 601 000	56 154 000
Creditors	393 000	261 000	15 900 000	18 097 000
Unpaid Taxes	159 000	109 000	3 051 000	2 794 000
Dividends	0	0	0	0
Other Current Debt	15 363 000	737 000	8 444 000	5 684 000
Total Current Debt	17 510 000	1 257 000	36 985 000	33 582 000
Total Equity and Debt	185 264 000	13 973 000	130 473 000	132 564 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,13 %	−4,06 %	11,37 %	11,65 %
Debt-to-Equity Ratio	0	0	0,91	1,31
Operating Profit Margin	−94,39 %	−12,77 %	4,99 %	3,68 %
Current Ratio	1,09	3,5	1,66	1,7
Quick Ratio	1,09	3,5	4,24	4,33
Equity Ratio	0,91	0,91	0,37	0,32
Gross Profit Margin	76,35 %	100 %	60,92 %	56,96 %