HERNING SYDVEST AS

0479 OSLO

Finances

Return on Equity

21,63 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	351 000	469 000	282 000
Net Income	90 000	94 000	202 000
Total Assets	1 076 000	1 071 000	913 000
Total Equity	416 000	326 000	232 000

Income (NOK)	2022	2021	2020
Revenue	351 000	469 000	282 000
Expenditure	271 000	348 000	23 000
Operating Profit	80 000	121 000	259 000
Financial Income	28 000	0	0
Financial Costs	0	0	0
Financial Balance	28 000	0	0
Earnings Before Tax	108 000	121 000	259 000
Tax	18 000	27 000	57 000
Net Income	90 000	94 000	202 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	200 000	200 000	200 000
Total Current Assets	876 000	871 000	713 000
Total Assets	1 076 000	1 071 000	913 000
Total Retained Equity	386 000	296 000	202 000
Total Equity	416 000	326 000	232 000
Total Long-Term Debt	0	0	0
Total Current Debt	659 000	745 000	681 000
Total Equity and Debt	1 076 000	1 071 000	913 000

Cash flow (NOK)	2022	2021	2020
Sales Income	351 000	469 000	282 000
Other Income	0	0	0
Revenue	351 000	469 000	282 000
Cost of Goods Sold	0	0	0
Salary Costs	209 000	313 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	271 000	348 000	23 000
Operating Profit	80 000	121 000	259 000
Financial Income	28 000	0	0
Financial Costs	0	0	0
Financial Balance	28 000	0	0
Dividends	0	0	0
Net Income	90 000	94 000	202 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	200 000	200 000	200 000
Total Fixed Assets	200 000	200 000	200 000
Stock	0	0	0
Total Investments	0	200 000	200 000
Cash, Bank	866 000	668 000	513 000
Total Current Assets	876 000	871 000	713 000
Total Assets	1 076 000	1 071 000	913 000
Total Equity	416 000	326 000	232 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	1 000	7 000	8 000
Unpaid Taxes	4 000	45 000	13 000
Dividends	0	0	0
Other Current Debt	636 000	666 000	603 000
Total Current Debt	659 000	745 000	681 000
Total Equity and Debt	1 076 000	1 071 000	913 000

Financial indicators	2022	2021	2020
Return on Equity	21,63 %	28,83 %	87,07 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	22,79 %	25,8 %	91,84 %
Current Ratio	1,33	1,17	1,05
Quick Ratio	1,33	1,17	1,05
Equity Ratio	0,39	0,3	0,25
Gross Profit Margin	100 %	100 %	100 %