ERP NORWAY AS

3125 TØNSBERG

Finances

Share Ownership

Return on Equity

6,53 %

Current Ratio

0,47

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 506 000	18 512 000	11 772 000	10 840 000
Net Income	−454 000	246 000	−1 169 000	−4 564 000
Total Assets	6 693 000	6 869 000	6 919 000	7 786 000
Total Equity	−6 950 000	−6 496 000	−4 152 000	−2 983 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 506 000	18 512 000	11 772 000	10 840 000
Expenditure	17 527 000	17 743 000	12 647 000	15 368 000
Operating Profit	−21 000	769 000	−875 000	−4 527 000
Financial Income	56 000	−73 000	3 000	153 000
Financial Costs	489 000	449 000	297 000	77 000
Financial Balance	−433 000	−522 000	−294 000	76 000
Earnings Before Tax	−454 000	246 000	−1 169 000	−4 450 000
Tax	0	0	0	114 000
Net Income	−454 000	246 000	−1 169 000	−4 564 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	326 000	606 000	31 000	137 000
Total Current Assets	6 367 000	6 263 000	6 888 000	7 649 000
Total Assets	6 693 000	6 869 000	6 919 000	7 786 000
Total Retained Equity	−7 050 000	−6 596 000	−4 252 000	−3 083 000
Total Equity	−6 950 000	−6 496 000	−4 152 000	−2 983 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	13 642 000	13 365 000	11 070 000	10 769 000
Total Equity and Debt	6 693 000	6 869 000	6 919 000	7 786 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 506 000	18 512 000	11 767 000	10 840 000
Other Income	0	0	6 000	0
Revenue	17 506 000	18 512 000	11 772 000	10 840 000
Cost of Goods Sold	7 864 000	9 082 000	7 794 000	9 743 000
Salary Costs	5 259 000	4 427 000	2 124 000	2 574 000
Depreciation	328 000	328 000	14 000	22 000
Impairment	0	0	0	0
Expenditure	17 527 000	17 743 000	12 647 000	15 368 000
Operating Profit	−21 000	769 000	−875 000	−4 527 000
Financial Income	56 000	−73 000	3 000	153 000
Financial Costs	489 000	449 000	297 000	77 000
Financial Balance	−433 000	−522 000	−294 000	76 000
Dividends	0	0	0	0
Net Income	−454 000	246 000	−1 169 000	−4 564 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	275 000	575 000	0	0
Total Intangible Assets	275 000	575 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	14 000	0	0
Fixtures	33 000	17 000	31 000	45 000
Total Tangible Assets	33 000	31 000	31 000	45 000
Total Fiancial Fixed Assets	18 000	0	0	92 000
Total Fixed Assets	326 000	606 000	31 000	137 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	625 000	216 000	137 000	245 000
Total Current Assets	6 367 000	6 263 000	6 888 000	7 649 000
Total Assets	6 693 000	6 869 000	6 919 000	7 786 000
Total Equity	−6 950 000	−6 496 000	−4 152 000	−2 983 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 889 000	4 775 000	3 247 000	3 485 000
Unpaid Taxes	735 000	895 000	638 000	272 000
Dividends	0	0	0	0
Other Current Debt	9 019 000	7 694 000	7 185 000	7 011 000
Total Current Debt	13 642 000	13 365 000	11 070 000	10 769 000
Total Equity and Debt	6 693 000	6 869 000	6 919 000	7 786 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,53 %	−3,79 %	28,16 %	153 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−0,12 %	4,15 %	−7,43 %	−41,76 %
Current Ratio	0,47	0,47	0,62	0,71
Quick Ratio	0,47	0,47	0,62	0,71
Equity Ratio	−1,04	−0,95	−0,6	−0,38
Gross Profit Margin	55,08 %	50,94 %	33,79 %	10,12 %