HERO KOMPETANSE AS

4013 STAVANGER

Finances

Share Ownership

Return on Equity

68,91 %

Current Ratio

1,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 159 000	31 234 000	18 485 000	34 780 000
Net Income	5 813 000	1 983 000	−1 521 000	−4 609 000
Total Assets	17 412 000	9 086 000	4 477 000	14 040 000
Total Equity	8 436 000	2 719 000	781 000	4 002 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 159 000	31 234 000	18 485 000	34 780 000
Expenditure	35 778 000	28 558 000	20 358 000	40 578 000
Operating Profit	7 381 000	2 677 000	−1 873 000	−5 798 000
Financial Income	78 000	3 000	0	16 000
Financial Costs	8 000	133 000	71 000	126 000
Financial Balance	70 000	−130 000	−71 000	−110 000
Earnings Before Tax	7 451 000	2 547 000	−1 944 000	−5 908 000
Tax	1 638 000	564 000	−423 000	−1 299 000
Net Income	5 813 000	1 983 000	−1 521 000	−4 609 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	90 000	113 000	168 000	2 277 000
Total Current Assets	17 322 000	8 974 000	4 309 000	11 763 000
Total Assets	17 412 000	9 086 000	4 477 000	14 040 000
Total Retained Equity	−8 896 000	−14 614 000	−16 551 000	0
Total Equity	8 436 000	2 719 000	781 000	4 002 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 976 000	6 368 000	3 696 000	10 038 000
Total Equity and Debt	17 412 000	9 086 000	4 477 000	14 040 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	43 159 000	31 234 000	18 485 000	34 780 000
Revenue	43 159 000	31 234 000	18 485 000	34 780 000
Cost of Goods Sold	627 000	254 000	217 000	981 000
Salary Costs	26 701 000	21 672 000	13 101 000	27 070 000
Depreciation	0	0	835 000	331 000
Impairment	0	0	0	0
Expenditure	35 778 000	28 558 000	20 358 000	40 578 000
Operating Profit	7 381 000	2 677 000	−1 873 000	−5 798 000
Financial Income	78 000	3 000	0	16 000
Financial Costs	8 000	133 000	71 000	126 000
Financial Balance	70 000	−130 000	−71 000	−110 000
Dividends	0	0	0	0
Net Income	5 813 000	1 983 000	−1 521 000	−4 609 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	90 000	113 000	168 000	1 442 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	835 000
Total Tangible Assets	0	0	0	835 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	90 000	113 000	168 000	2 277 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 846 000	5 008 000	0	71 000
Total Current Assets	17 322 000	8 974 000	4 309 000	11 763 000
Total Assets	17 412 000	9 086 000	4 477 000	14 040 000
Total Equity	8 436 000	2 719 000	781 000	4 002 000
Short-Term Group Debt	136 000	1 971 000	1 653 000	5 789 000
Total Long-Term Debt	0	0	0	0
Creditors	2 392 000	401 000	281 000	378 000
Unpaid Taxes	1 966 000	1 467 000	519 000	1 098 000
Dividends	0	0	0	0
Other Current Debt	2 892 000	2 033 000	1 240 000	2 772 000
Total Current Debt	8 976 000	6 368 000	3 696 000	10 038 000
Total Equity and Debt	17 412 000	9 086 000	4 477 000	14 040 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,91 %	72,93 %	−194,75 %	−115,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,1 %	8,57 %	−10,13 %	−16,67 %
Current Ratio	1,93	1,41	1,17	1,17
Quick Ratio	1,93	1,41	1,17	1,17
Equity Ratio	0,48	0,3	0,17	0,29
Gross Profit Margin	98,55 %	99,19 %	98,83 %	97,18 %