ERTVAAG HOLDING AS

5912 SEIM

Finances

Return on Equity

0,93 %

Current Ratio

5,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	192 000	186 000	0	22 000
Net Income	17 000	699 000	299 000	225 000
Total Assets	2 084 000	2 278 000	2 232 000	1 676 000
Total Equity	1 821 000	2 004 000	1 505 000	1 406 000

Income (NOK)	2022	2021	2020	2019
Revenue	192 000	186 000	0	22 000
Expenditure	187 000	187 000	75 000	14 000
Operating Profit	6 000	−1 000	−75 000	8 000
Financial Income	12 000	879 000	447 000	216 000
Financial Costs	0	153 000	48 000	0
Financial Balance	12 000	726 000	399 000	216 000
Earnings Before Tax	17 000	725 000	324 000	224 000
Tax	0	26 000	25 000	−1 000
Net Income	17 000	699 000	299 000	225 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	555 000	355 000	655 000	20 000
Total Current Assets	1 529 000	1 923 000	1 577 000	1 656 000
Total Assets	2 084 000	2 278 000	2 232 000	1 676 000
Total Retained Equity	1 717 000	1 899 000	1 400 000	1 301 000
Total Equity	1 821 000	2 004 000	1 505 000	1 406 000
Total Long-Term Debt	0	0	450 000	0
Total Current Debt	262 000	274 000	277 000	270 000
Total Equity and Debt	2 084 000	2 278 000	2 232 000	1 676 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 000	86 000	0	22 000
Other Income	136 000	100 000	0	0
Revenue	192 000	186 000	0	22 000
Cost of Goods Sold	1 000	0	0	0
Salary Costs	1 000	0	0	0
Depreciation	0	0	0	13 000
Impairment	0	0	0	0
Expenditure	187 000	187 000	75 000	14 000
Operating Profit	6 000	−1 000	−75 000	8 000
Financial Income	12 000	879 000	447 000	216 000
Financial Costs	0	153 000	48 000	0
Financial Balance	12 000	726 000	399 000	216 000
Dividends	200 000	200 000	200 000	200 000
Net Income	17 000	699 000	299 000	225 000

Balance details (NOK)	2022	2021	2020	2019
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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	555 000	355 000	655 000	20 000
Total Fixed Assets	555 000	355 000	655 000	20 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	329 000	533 000	4 000	15 000
Total Current Assets	1 529 000	1 923 000	1 577 000	1 656 000
Total Assets	2 084 000	2 278 000	2 232 000	1 676 000
Total Equity	1 821 000	2 004 000	1 505 000	1 406 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	450 000	0
Creditors	12 000	17 000	18 000	0
Unpaid Taxes	16 000	22 000	0	0
Dividends	200 000	200 000	200 000	200 000
Other Current Debt	34 000	34 000	59 000	95 000
Total Current Debt	262 000	274 000	277 000	270 000
Total Equity and Debt	2 084 000	2 278 000	2 232 000	1 676 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,93 %	34,88 %	19,87 %	16 %
Debt-to-Equity Ratio	0	0	0,3	0
Operating Profit Margin	3,13 %	−0,54 %	-	36,36 %
Current Ratio	5,84	7,02	5,69	6,13
Quick Ratio	5,84	7,02	5,69	6,13
Equity Ratio	0,87	0,88	0,67	0,84
Gross Profit Margin	99,48 %	100 %	-	100 %