HERSVIK HOLDING AS

5089 BERGEN

Finances

Return on Equity

12,28 %

Current Ratio

11,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	600 000	600 000	518 000	660 000
Net Income	170 000	421 000	23 000	614 000
Total Assets	1 504 000	1 398 000	989 000	1 349 000
Total Equity	1 384 000	1 214 000	793 000	870 000

Income (NOK)	2022	2021	2020	2019
Revenue	600 000	600 000	518 000	660 000
Expenditure	212 000	39 000	256 000	168 000
Operating Profit	388 000	561 000	263 000	493 000
Financial Income	−1 000	0	0	300 000
Financial Costs	132 000	22 000	157 000	0
Financial Balance	−133 000	−22 000	−157 000	300 000
Earnings Before Tax	255 000	539 000	106 000	792 000
Tax	86 000	117 000	84 000	178 000
Net Income	170 000	421 000	23 000	614 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	166 000	323 000	209 000	483 000
Total Current Assets	1 338 000	1 076 000	780 000	866 000
Total Assets	1 504 000	1 398 000	989 000	1 349 000
Total Retained Equity	1 348 000	1 178 000	757 000	834 000
Total Equity	1 384 000	1 214 000	793 000	870 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	121 000	184 000	196 000	479 000
Total Equity and Debt	1 504 000	1 398 000	989 000	1 349 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	600 000	600 000	518 000	660 000
Other Income	0	0	0	0
Revenue	600 000	600 000	518 000	660 000
Cost of Goods Sold	0	0	0	0
Salary Costs	60 000	0	90 000	128 000
Depreciation	24 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	212 000	39 000	256 000	168 000
Operating Profit	388 000	561 000	263 000	493 000
Financial Income	−1 000	0	0	300 000
Financial Costs	132 000	22 000	157 000	0
Financial Balance	−133 000	−22 000	−157 000	300 000
Dividends	0	0	100 000	200 000
Net Income	170 000	421 000	23 000	614 000

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	95 000	119 000	0	0
Total Tangible Assets	95 000	119 000	0	0
Total Fiancial Fixed Assets	71 000	203 000	209 000	483 000
Total Fixed Assets	166 000	323 000	209 000	483 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 029 000	465 000	481 000	268 000
Total Current Assets	1 338 000	1 076 000	780 000	866 000
Total Assets	1 504 000	1 398 000	989 000	1 349 000
Total Equity	1 384 000	1 214 000	793 000	870 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	5 000	0	0
Unpaid Taxes	27 000	63 000	4 000	87 000
Dividends	0	0	100 000	200 000
Other Current Debt	4 000	−1 000	8 000	18 000
Total Current Debt	121 000	184 000	196 000	479 000
Total Equity and Debt	1 504 000	1 398 000	989 000	1 349 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,28 %	34,68 %	2,9 %	70,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	64,67 %	93,5 %	50,77 %	74,7 %
Current Ratio	11,06	5,85	3,98	1,81
Quick Ratio	11,06	5,85	3,98	1,81
Equity Ratio	0,92	0,87	0,8	0,64
Gross Profit Margin	100 %	100 %	100 %	100 %