ERLACO AS

0352 OSLO

Finances

Share Ownership

Return on Equity

104,87 %

Current Ratio

0,9

Debt-to-Equity Ratio

−5,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 521 000	2 521 000	2 521 000	0
Net Income	−2 713 000	−645 000	504 000	−232 000
Total Assets	17 427 000	21 965 000	23 468 000	12 919 000
Total Equity	−2 587 000	126 000	771 000	−6 233 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 521 000	2 521 000	2 521 000	0
Expenditure	4 594 000	3 514 000	2 035 000	239 000
Operating Profit	−2 074 000	−994 000	486 000	−239 000
Financial Income	103 000	349 000	18 000	7 000
Financial Costs	742 000	0	0	0
Financial Balance	−639 000	349 000	18 000	7 000
Earnings Before Tax	−2 713 000	−645 000	504 000	−232 000
Tax	0	0	0	0
Net Income	−2 713 000	−645 000	504 000	−232 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 776 000	16 823 000	15 904 000	8 536 000
Total Current Assets	4 651 000	5 142 000	7 564 000	4 383 000
Total Assets	17 427 000	21 965 000	23 468 000	12 919 000
Total Retained Equity	−9 123 000	−6 410 000	−5 765 000	−11 843 000
Total Equity	−2 587 000	126 000	771 000	−6 233 000
Total Long-Term Debt	14 869 000	14 225 000	1 928 000	19 098 000
Total Current Debt	5 145 000	7 613 000	20 768 000	54 000
Total Equity and Debt	17 427 000	21 965 000	23 468 000	12 919 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 521 000	2 521 000	2 521 000	0
Other Income	0	0	0	0
Revenue	2 521 000	2 521 000	2 521 000	0
Cost of Goods Sold	1 707 000	1 707 000	1 707 000	0
Salary Costs	383 000	145 000	192 000	48 000
Depreciation	2 340 000	0	0	0
Impairment	0	0	0	0
Expenditure	4 594 000	3 514 000	2 035 000	239 000
Operating Profit	−2 074 000	−994 000	486 000	−239 000
Financial Income	103 000	349 000	18 000	7 000
Financial Costs	742 000	0	0	0
Financial Balance	−639 000	349 000	18 000	7 000
Dividends	0	0	0	0
Net Income	−2 713 000	−645 000	504 000	−232 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 776 000	16 823 000	15 904 000	8 536 000
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	0	0	0	0
Total Fixed Assets	12 776 000	16 823 000	15 904 000	8 536 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 794 000	2 630 000	1 594 000	603 000
Total Current Assets	4 651 000	5 142 000	7 564 000	4 383 000
Total Assets	17 427 000	21 965 000	23 468 000	12 919 000
Total Equity	−2 587 000	126 000	771 000	−6 233 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 869 000	14 225 000	1 928 000	19 098 000
Creditors	18 000	21 000	11 341 000	22 000
Unpaid Taxes	44 000	29 000	21 000	27 000
Dividends	0	0	0	0
Other Current Debt	5 084 000	7 564 000	9 406 000	5 000
Total Current Debt	5 145 000	7 613 000	20 768 000	54 000
Total Equity and Debt	17 427 000	21 965 000	23 468 000	12 919 000

Financial indicators	2022	2021	2020	2019
Return on Equity	104,87 %	−511,9 %	65,37 %	3,72 %
Debt-to-Equity Ratio	−5,75	112,9	2,5	−3,06
Operating Profit Margin	−82,27 %	−39,43 %	19,28 %	-
Current Ratio	0,9	0,68	0,36	81,17
Quick Ratio	0,9	0,68	0,36	81,17
Equity Ratio	−0,15	0,01	0,03	−0,48
Gross Profit Margin	32,29 %	32,29 %	32,29 %	-