HERMES MASKINERING AS

4072 RANDABERG

Finances

Share Ownership

Return on Equity

9,64 %

Current Ratio

27,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	1 899 000	5 464 000
Net Income	204 000	−114 000	−110 000	899 000
Total Assets	2 195 000	2 013 000	1 994 000	3 177 000
Total Equity	2 117 000	1 914 000	1 901 000	1 933 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	1 899 000	5 464 000
Expenditure	−92 000	160 000	2 038 000	4 306 000
Operating Profit	92 000	−160 000	−139 000	1 158 000
Financial Income	126 000	11 000	9 000	10 000
Financial Costs	14 000	0	3 000	1 000
Financial Balance	112 000	11 000	6 000	9 000
Earnings Before Tax	204 000	−149 000	−133 000	1 167 000
Tax	0	−36 000	−22 000	268 000
Net Income	204 000	−114 000	−110 000	899 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 000	26 000	59 000	129 000
Total Current Assets	2 169 000	1 988 000	1 935 000	3 048 000
Total Assets	2 195 000	2 013 000	1 994 000	3 177 000
Total Retained Equity	1 611 000	1 407 000	1 521 000	1 632 000
Total Equity	2 117 000	1 914 000	1 901 000	1 933 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	78 000	100 000	93 000	1 243 000
Total Equity and Debt	2 195 000	2 013 000	1 994 000	3 177 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	1 899 000	5 464 000
Other Income	0	0	0	0
Revenue	0	0	1 899 000	5 464 000
Cost of Goods Sold	0	0	1 133 000	2 232 000
Salary Costs	0	0	393 000	1 198 000
Depreciation	0	33 000	69 000	100 000
Impairment	0	0	0	0
Expenditure	−92 000	160 000	2 038 000	4 306 000
Operating Profit	92 000	−160 000	−139 000	1 158 000
Financial Income	126 000	11 000	9 000	10 000
Financial Costs	14 000	0	3 000	1 000
Financial Balance	112 000	11 000	6 000	9 000
Dividends	0	0	0	0
Net Income	204 000	−114 000	−110 000	899 000

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	10 000
Fixtures	26 000	26 000	59 000	118 000
Total Tangible Assets	26 000	26 000	59 000	129 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	26 000	26 000	59 000	129 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 842 000	1 577 000	1 615 000	1 945 000
Total Current Assets	2 169 000	1 988 000	1 935 000	3 048 000
Total Assets	2 195 000	2 013 000	1 994 000	3 177 000
Total Equity	2 117 000	1 914 000	1 901 000	1 933 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	22 000	0	346 000
Unpaid Taxes	10 000	10 000	10 000	163 000
Dividends	0	0	0	0
Other Current Debt	68 000	68 000	83 000	466 000
Total Current Debt	78 000	100 000	93 000	1 243 000
Total Equity and Debt	2 195 000	2 013 000	1 994 000	3 177 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,64 %	−5,96 %	−5,79 %	46,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	−7,32 %	21,19 %
Current Ratio	27,81	19,88	20,81	2,45
Quick Ratio	27,81	19,88	20,81	2,45
Equity Ratio	0,96	0,95	0,95	0,61
Gross Profit Margin	-	-	40,34 %	59,15 %