ERGOTEST INNOVATION AS

3962 STATHELLE

Finances

Share Ownership

Return on Equity

30,65 %

Current Ratio

1,29

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 226 000	6 120 000	2 550 000	3 798 000
Net Income	719 000	1 017 000	44 000	484 000
Total Assets	7 847 000	7 597 000	6 879 000	6 933 000
Total Equity	2 346 000	1 627 000	609 000	565 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 226 000	6 120 000	2 550 000	3 798 000
Expenditure	6 087 000	4 728 000	2 584 000	3 366 000
Operating Profit	1 002 000	1 392 000	−34 000	433 000
Financial Income	62 000	50 000	152 000	249 000
Financial Costs	142 000	138 000	62 000	61 000
Financial Balance	−80 000	−88 000	90 000	188 000
Earnings Before Tax	922 000	1 304 000	56 000	621 000
Tax	203 000	287 000	12 000	137 000
Net Income	719 000	1 017 000	44 000	484 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 746 000	2 957 000	3 208 000	3 278 000
Total Current Assets	5 101 000	4 640 000	3 671 000	3 655 000
Total Assets	7 847 000	7 597 000	6 879 000	6 933 000
Total Retained Equity	2 242 000	1 523 000	505 000	461 000
Total Equity	2 346 000	1 627 000	609 000	565 000
Total Long-Term Debt	1 532 000	561 000	661 000	711 000
Total Current Debt	3 969 000	5 409 000	5 608 000	5 657 000
Total Equity and Debt	7 847 000	7 597 000	6 879 000	6 933 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 226 000	5 645 000	2 550 000	3 798 000
Other Income	0	475 000	0	0
Revenue	7 226 000	6 120 000	2 550 000	3 798 000
Cost of Goods Sold	2 357 000	2 297 000	639 000	1 414 000
Salary Costs	2 591 000	1 179 000	1 305 000	1 424 000
Depreciation	7 000	1 000	38 000	38 000
Impairment	0	0	0	0
Expenditure	6 087 000	4 728 000	2 584 000	3 366 000
Operating Profit	1 002 000	1 392 000	−34 000	433 000
Financial Income	62 000	50 000	152 000	249 000
Financial Costs	142 000	138 000	62 000	61 000
Financial Balance	−80 000	−88 000	90 000	188 000
Dividends	0	0	0	0
Net Income	719 000	1 017 000	44 000	484 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 718 000	2 921 000	3 208 000	3 221 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	28 000	35 000	0	58 000
Total Tangible Assets	28 000	35 000	0	58 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 746 000	2 957 000	3 208 000	3 278 000
Stock	1 540 000	1 516 000	1 478 000	1 112 000
Total Investments	0	0	0	0
Cash, Bank	2 147 000	1 302 000	901 000	1 328 000
Total Current Assets	5 101 000	4 640 000	3 671 000	3 655 000
Total Assets	7 847 000	7 597 000	6 879 000	6 933 000
Total Equity	2 346 000	1 627 000	609 000	565 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 532 000	561 000	661 000	711 000
Creditors	192 000	187 000	138 000	220 000
Unpaid Taxes	356 000	143 000	148 000	104 000
Dividends	0	0	0	0
Other Current Debt	3 421 000	5 079 000	5 322 000	5 333 000
Total Current Debt	3 969 000	5 409 000	5 608 000	5 657 000
Total Equity and Debt	7 847 000	7 597 000	6 879 000	6 933 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,65 %	62,51 %	7,22 %	85,66 %
Debt-to-Equity Ratio	0,65	0,34	1,09	1,26
Operating Profit Margin	13,87 %	22,75 %	−1,33 %	11,4 %
Current Ratio	1,29	0,86	0,65	0,65
Quick Ratio	2,1	1,19	0,89	0,8
Equity Ratio	0,3	0,21	0,09	0,08
Gross Profit Margin	67,38 %	62,47 %	74,94 %	62,77 %