ERRIVE' AS

4319 SANDNES

Finances

Return on Equity

237,33 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 493 000	7 260 000	6 754 000	6 805 000
Net Income	1 424 000	756 000	351 000	788 000
Total Assets	4 224 000	2 790 000	2 045 000	2 636 000
Total Equity	600 000	1 362 000	753 000	1 603 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 493 000	7 260 000	6 754 000	6 805 000
Expenditure	7 668 000	6 290 000	6 302 000	5 796 000
Operating Profit	1 824 000	969 000	451 000	1 009 000
Financial Income	4 000	1 000	0	2 000
Financial Costs	1 000	1 000	2 000	1 000
Financial Balance	3 000	0	−2 000	1 000
Earnings Before Tax	1 827 000	969 000	450 000	1 010 000
Tax	403 000	213 000	99 000	222 000
Net Income	1 424 000	756 000	351 000	788 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	139 000	131 000	44 000	79 000
Total Current Assets	4 085 000	2 658 000	2 001 000	2 557 000
Total Assets	4 224 000	2 790 000	2 045 000	2 636 000
Total Retained Equity	198 000	910 000	603 000	1 453 000
Total Equity	600 000	1 362 000	753 000	1 603 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 624 000	1 428 000	1 292 000	1 034 000
Total Equity and Debt	4 224 000	2 790 000	2 045 000	2 636 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 493 000	7 260 000	6 754 000	6 805 000
Other Income	0	0	0	0
Revenue	9 493 000	7 260 000	6 754 000	6 805 000
Cost of Goods Sold	0	79 000	0	582 000
Salary Costs	6 117 000	5 080 000	5 220 000	4 156 000
Depreciation	76 000	41 000	38 000	27 000
Impairment	0	0	0	0
Expenditure	7 668 000	6 290 000	6 302 000	5 796 000
Operating Profit	1 824 000	969 000	451 000	1 009 000
Financial Income	4 000	1 000	0	2 000
Financial Costs	1 000	1 000	2 000	1 000
Financial Balance	3 000	0	−2 000	1 000
Dividends	1 563 000	0	0	0
Net Income	1 424 000	756 000	351 000	788 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	1 000	5 000	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	135 000	130 000	39 000	77 000
Total Tangible Assets	135 000	130 000	39 000	77 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	139 000	131 000	44 000	79 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 153 000	1 136 000	767 000	1 028 000
Total Current Assets	4 085 000	2 658 000	2 001 000	2 557 000
Total Assets	4 224 000	2 790 000	2 045 000	2 636 000
Total Equity	600 000	1 362 000	753 000	1 603 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	52 000	78 000	119 000	248 000
Unpaid Taxes	980 000	487 000	470 000	191 000
Dividends	1 563 000	0	0	0
Other Current Debt	624 000	653 000	601 000	446 000
Total Current Debt	3 624 000	1 428 000	1 292 000	1 034 000
Total Equity and Debt	4 224 000	2 790 000	2 045 000	2 636 000

Financial indicators	2022	2021	2020	2019
Return on Equity	237,33 %	55,51 %	46,61 %	49,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,21 %	13,35 %	6,68 %	14,83 %
Current Ratio	1,13	1,86	1,55	2,47
Quick Ratio	1,13	1,86	1,55	2,47
Equity Ratio	0,14	0,49	0,37	0,61
Gross Profit Margin	100 %	98,91 %	100 %	91,45 %