ERU AS

8622 MO I RANA

Finances

Share Ownership

Return on Equity

−137,44 %

Current Ratio

1,54

Debt-to-Equity Ratio

1,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 701 000	1 082 000	0	0
Net Income	−4 376 000	−1 503 000	−95 000	−56 000
Total Assets	10 915 000	4 428 000	2 000	3 000
Total Equity	3 184 000	960 000	−191 000	−96 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 701 000	1 082 000	0	0
Expenditure	9 100 000	3 142 000	93 000	56 000
Operating Profit	−5 399 000	−2 060 000	−93 000	−56 000
Financial Income	0	0	0	0
Financial Costs	211 000	34 000	2 000	1 000
Financial Balance	−211 000	−34 000	−2 000	−1 000
Earnings Before Tax	−5 610 000	−2 094 000	−95 000	−56 000
Tax	−1 234 000	−591 000	0	0
Net Income	−4 376 000	−1 503 000	−95 000	−56 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 588 000	3 280 000	0	0
Total Current Assets	2 327 000	1 148 000	2 000	3 000
Total Assets	10 915 000	4 428 000	2 000	3 000
Total Retained Equity	0	760 000	−391 000	−296 000
Total Equity	3 184 000	960 000	−191 000	−96 000
Total Long-Term Debt	6 219 000	2 655 000	53 000	41 000
Total Current Debt	1 512 000	813 000	141 000	58 000
Total Equity and Debt	10 915 000	4 428 000	2 000	3 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 890 000	893 000	0	0
Other Income	−189 000	189 000	0	0
Revenue	3 701 000	1 082 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	5 907 000	2 545 000	0	0
Depreciation	33 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	9 100 000	3 142 000	93 000	56 000
Operating Profit	−5 399 000	−2 060 000	−93 000	−56 000
Financial Income	0	0	0	0
Financial Costs	211 000	34 000	2 000	1 000
Financial Balance	−211 000	−34 000	−2 000	−1 000
Dividends	0	0	0	0
Net Income	−4 376 000	−1 503 000	−95 000	−56 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	591 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	127 000	35 000	0	0
Total Tangible Assets	127 000	35 000	0	0
Total Fiancial Fixed Assets	8 462 000	2 655 000	0	0
Total Fixed Assets	8 588 000	3 280 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	467 000	230 000	2 000	3 000
Total Current Assets	2 327 000	1 148 000	2 000	3 000
Total Assets	10 915 000	4 428 000	2 000	3 000
Total Equity	3 184 000	960 000	−191 000	−96 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 219 000	2 655 000	53 000	41 000
Creditors	191 000	95 000	141 000	58 000
Unpaid Taxes	692 000	453 000	0	0
Dividends	0	0	0	0
Other Current Debt	628 000	265 000	0	0
Total Current Debt	1 512 000	813 000	141 000	58 000
Total Equity and Debt	10 915 000	4 428 000	2 000	3 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−137,44 %	−156,56 %	49,74 %	58,33 %
Debt-to-Equity Ratio	1,95	2,77	−0,28	−0,43
Operating Profit Margin	−145,88 %	−190,39 %	-	-
Current Ratio	1,54	1,41	0,01	0,05
Quick Ratio	1,54	1,41	0,01	0,05
Equity Ratio	0,29	0,22	−95,5	−32
Gross Profit Margin	100 %	100 %	-	-