ERK AS

4341 BRYNE

Finances

Return on Equity

52,49 %

Current Ratio

161,5

Debt-to-Equity Ratio

1,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 000	0	32 000	155 000
Net Income	1 920 000	1 708 000	894 000	758 000
Total Assets	8 413 000	8 801 000	6 411 000	4 529 000
Total Equity	3 658 000	1 738 000	2 125 000	1 231 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 000	0	32 000	155 000
Expenditure	34 000	19 000	17 000	27 000
Operating Profit	16 000	−19 000	15 000	127 000
Financial Income	2 018 000	1 844 000	1 000 000	700 000
Financial Costs	113 000	116 000	121 000	70 000
Financial Balance	1 905 000	1 728 000	879 000	630 000
Earnings Before Tax	1 920 000	1 708 000	894 000	758 000
Tax	0	0	0	0
Net Income	1 920 000	1 708 000	894 000	758 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 090 000	7 290 000	6 402 000	4 296 000
Total Current Assets	323 000	1 512 000	9 000	232 000
Total Assets	8 413 000	8 801 000	6 411 000	4 529 000
Total Retained Equity	3 628 000	1 708 000	2 095 000	1 201 000
Total Equity	3 658 000	1 738 000	2 125 000	1 231 000
Total Long-Term Debt	4 753 000	4 966 000	4 183 000	3 296 000
Total Current Debt	2 000	2 097 000	104 000	1 000
Total Equity and Debt	8 413 000	8 801 000	6 411 000	4 529 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 000	0	32 000	155 000
Other Income	0	0	0	0
Revenue	50 000	0	32 000	155 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	34 000	19 000	17 000	27 000
Operating Profit	16 000	−19 000	15 000	127 000
Financial Income	2 018 000	1 844 000	1 000 000	700 000
Financial Costs	113 000	116 000	121 000	70 000
Financial Balance	1 905 000	1 728 000	879 000	630 000
Dividends	0	0	0	0
Net Income	1 920 000	1 708 000	894 000	758 000

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	8 090 000	7 290 000	6 402 000	4 296 000
Total Fixed Assets	8 090 000	7 290 000	6 402 000	4 296 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	38 000	508 000	9 000	8 000
Total Current Assets	323 000	1 512 000	9 000	232 000
Total Assets	8 413 000	8 801 000	6 411 000	4 529 000
Total Equity	3 658 000	1 738 000	2 125 000	1 231 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 753 000	4 966 000	4 183 000	3 296 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	1 000
Dividends	0	0	0	0
Other Current Debt	2 000	2 000	104 000	0
Total Current Debt	2 000	2 097 000	104 000	1 000
Total Equity and Debt	8 413 000	8 801 000	6 411 000	4 529 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,49 %	98,27 %	42,07 %	61,58 %
Debt-to-Equity Ratio	1,3	2,86	1,97	2,68
Operating Profit Margin	32 %	-	46,88 %	81,94 %
Current Ratio	161,5	0,72	0,09	232
Quick Ratio	161,5	0,72	0,09	232
Equity Ratio	0,43	0,2	0,33	0,27
Gross Profit Margin	100 %	-	100 %	100 %