ERHARD MEYER AS

9392 STONGLANDSEIDET

Finances

Share Ownership

Return on Equity

19,24 %

Current Ratio

8,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 329 000	3 484 000	2 923 000	1 499 000
Net Income	636 000	267 000	757 000	233 000
Total Assets	3 727 000	3 278 000	3 154 000	1 992 000
Total Equity	3 305 000	2 668 000	2 401 000	1 644 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 329 000	3 484 000	2 923 000	1 499 000
Expenditure	2 514 000	3 141 000	1 954 000	1 202 000
Operating Profit	816 000	344 000	969 000	297 000
Financial Income	2 000	0	2 000	3 000
Financial Costs	1 000	0	0	0
Financial Balance	1 000	0	2 000	3 000
Earnings Before Tax	816 000	344 000	970 000	300 000
Tax	180 000	77 000	213 000	67 000
Net Income	636 000	267 000	757 000	233 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	62 000	34 000	55 000	56 000
Total Current Assets	3 664 000	3 244 000	3 100 000	1 936 000
Total Assets	3 727 000	3 278 000	3 154 000	1 992 000
Total Retained Equity	3 157 000	2 521 000	2 253 000	1 496 000
Total Equity	3 305 000	2 668 000	2 401 000	1 644 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	422 000	610 000	753 000	348 000
Total Equity and Debt	3 727 000	3 278 000	3 154 000	1 992 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 329 000	3 484 000	2 923 000	1 499 000
Other Income	0	0	0	0
Revenue	3 329 000	3 484 000	2 923 000	1 499 000
Cost of Goods Sold	1 032 000	1 292 000	612 000	312 000
Salary Costs	1 218 000	1 575 000	1 030 000	731 000
Depreciation	20 000	28 000	26 000	23 000
Impairment	0	0	0	0
Expenditure	2 514 000	3 141 000	1 954 000	1 202 000
Operating Profit	816 000	344 000	969 000	297 000
Financial Income	2 000	0	2 000	3 000
Financial Costs	1 000	0	0	0
Financial Balance	1 000	0	2 000	3 000
Dividends	0	0	0	0
Net Income	636 000	267 000	757 000	233 000

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	60 000	27 000	55 000	56 000
Total Tangible Assets	60 000	27 000	55 000	56 000
Total Fiancial Fixed Assets	3 000	7 000	0	0
Total Fixed Assets	62 000	34 000	55 000	56 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 606 000	3 244 000	3 100 000	1 936 000
Total Current Assets	3 664 000	3 244 000	3 100 000	1 936 000
Total Assets	3 727 000	3 278 000	3 154 000	1 992 000
Total Equity	3 305 000	2 668 000	2 401 000	1 644 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	38 000	181 000	91 000	16 000
Unpaid Taxes	83 000	187 000	349 000	184 000
Dividends	0	0	0	0
Other Current Debt	121 000	165 000	99 000	81 000
Total Current Debt	422 000	610 000	753 000	348 000
Total Equity and Debt	3 727 000	3 278 000	3 154 000	1 992 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,24 %	10,01 %	31,53 %	14,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24,51 %	9,87 %	33,15 %	19,81 %
Current Ratio	8,68	5,32	4,12	5,56
Quick Ratio	8,68	5,32	4,12	5,56
Equity Ratio	0,89	0,81	0,76	0,83
Gross Profit Margin	69 %	62,92 %	79,06 %	79,19 %