ERM NORWAY AS

4623 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

98,37 %

Current Ratio

0,75

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2021	2020	2019	2018
Revenue	7 776 000	6 326 000	5 561 000	5 010 000
Net Income	1 447 000	626 000	901 000	−2 135 000
Total Assets	2 201 000	2 519 000	1 638 000	921 000
Total Equity	1 471 000	24 000	−602 000	−1 502 000

Income (NOK)	2021	2020	2019	2018
Revenue	7 776 000	6 326 000	5 561 000	5 010 000
Expenditure	6 346 000	5 692 000	4 542 000	5 909 000
Operating Profit	1 431 000	634 000	1 019 000	−899 000
Financial Income	30 000	1 000	0	0
Financial Costs	14 000	9 000	118 000	86 000
Financial Balance	16 000	−8 000	−118 000	−86 000
Earnings Before Tax	1 447 000	626 000	901 000	−984 000
Tax	0	0	0	1 151 000
Net Income	1 447 000	626 000	901 000	−2 135 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 661 000	29 000	0	0
Total Current Assets	540 000	2 490 000	1 638 000	921 000
Total Assets	2 201 000	2 519 000	1 638 000	921 000
Total Retained Equity	1 371 000	−76 000	−702 000	−1 603 000
Total Equity	1 471 000	24 000	−602 000	−1 502 000
Total Long-Term Debt	8 000	1 393 000	1 614 000	1 817 000
Total Current Debt	722 000	1 102 000	626 000	606 000
Total Equity and Debt	2 201 000	2 519 000	1 638 000	921 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	3 624 000	6 326 000	5 561 000	5 010 000
Other Income	4 153 000	0	0	0
Revenue	7 776 000	6 326 000	5 561 000	5 010 000
Cost of Goods Sold	825 000	2 000	33 000	0
Salary Costs	4 613 000	4 780 000	3 244 000	4 118 000
Depreciation	2 000	2 000	0	90 000
Impairment	0	0	0	0
Expenditure	6 346 000	5 692 000	4 542 000	5 909 000
Operating Profit	1 431 000	634 000	1 019 000	−899 000
Financial Income	30 000	1 000	0	0
Financial Costs	14 000	9 000	118 000	86 000
Financial Balance	16 000	−8 000	−118 000	−86 000
Dividends	0	0	0	0
Net Income	1 447 000	626 000	901 000	−2 135 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	27 000	29 000	0	0
Total Tangible Assets	27 000	29 000	0	0
Total Fiancial Fixed Assets	1 634 000	0	0	0
Total Fixed Assets	1 661 000	29 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	126 000	1 723 000	419 000	424 000
Total Current Assets	540 000	2 490 000	1 638 000	921 000
Total Assets	2 201 000	2 519 000	1 638 000	921 000
Total Equity	1 471 000	24 000	−602 000	−1 502 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	1 393 000	1 614 000	1 817 000
Creditors	65 000	58 000	10 000	15 000
Unpaid Taxes	350 000	555 000	343 000	126 000
Dividends	0	0	0	0
Other Current Debt	307 000	489 000	273 000	465 000
Total Current Debt	722 000	1 102 000	626 000	606 000
Total Equity and Debt	2 201 000	2 519 000	1 638 000	921 000

Financial indicators	2021	2020	2019	2018
Return on Equity	98,37 %	2 608,33 %	−149,67 %	142,14 %
Debt-to-Equity Ratio	0,01	58,04	−2,68	−1,21
Operating Profit Margin	18,4 %	10,02 %	18,32 %	−17,94 %
Current Ratio	0,75	2,26	2,62	1,52
Quick Ratio	0,75	2,26	2,62	1,52
Equity Ratio	0,67	0,01	−0,37	−1,63
Gross Profit Margin	89,39 %	99,97 %	99,41 %	100 %