HERNESMOEN BIOBRENSEL AS

2116 SANDER

Finances

Share Ownership

Return on Equity

20,7 %

Current Ratio

0,76

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 040 000	809 000	907 000	905 000
Net Income	437 000	251 000	315 000	256 000
Total Assets	3 972 000	4 215 000	4 556 000	4 712 000
Total Equity	2 111 000	1 674 000	1 423 000	1 408 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 040 000	809 000	907 000	905 000
Expenditure	374 000	368 000	362 000	420 000
Operating Profit	665 000	440 000	545 000	484 000
Financial Income	0	0	0	0
Financial Costs	76 000	92 000	117 000	144 000
Financial Balance	−76 000	−92 000	−117 000	−144 000
Earnings Before Tax	589 000	348 000	428 000	340 000
Tax	152 000	97 000	113 000	84 000
Net Income	437 000	251 000	315 000	256 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 687 000	3 942 000	4 196 000	4 450 000
Total Current Assets	285 000	273 000	360 000	262 000
Total Assets	3 972 000	4 215 000	4 556 000	4 712 000
Total Retained Equity	2 081 000	1 644 000	1 393 000	1 378 000
Total Equity	2 111 000	1 674 000	1 423 000	1 408 000
Total Long-Term Debt	1 487 000	2 028 000	2 569 000	3 110 000
Total Current Debt	373 000	513 000	564 000	195 000
Total Equity and Debt	3 972 000	4 215 000	4 556 000	4 712 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 040 000	809 000	907 000	905 000
Other Income	0	0	0	0
Revenue	1 040 000	809 000	907 000	905 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	254 000	254 000	254 000	254 000
Impairment	0	0	0	0
Expenditure	374 000	368 000	362 000	420 000
Operating Profit	665 000	440 000	545 000	484 000
Financial Income	0	0	0	0
Financial Costs	76 000	92 000	117 000	144 000
Financial Balance	−76 000	−92 000	−117 000	−144 000
Dividends	0	0	300 000	0
Net Income	437 000	251 000	315 000	256 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 687 000	3 942 000	4 196 000	4 450 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 687 000	3 942 000	4 196 000	4 450 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 687 000	3 942 000	4 196 000	4 450 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	274 000	265 000	352 000	130 000
Total Current Assets	285 000	273 000	360 000	262 000
Total Assets	3 972 000	4 215 000	4 556 000	4 712 000
Total Equity	2 111 000	1 674 000	1 423 000	1 408 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 487 000	2 028 000	2 569 000	3 110 000
Creditors	15 000	3 000	4 000	28 000
Unpaid Taxes	39 000	30 000	47 000	8 000
Dividends	0	0	300 000	0
Other Current Debt	168 000	383 000	101 000	67 000
Total Current Debt	373 000	513 000	564 000	195 000
Total Equity and Debt	3 972 000	4 215 000	4 556 000	4 712 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,7 %	14,99 %	22,14 %	18,18 %
Debt-to-Equity Ratio	0,7	1,21	1,81	2,21
Operating Profit Margin	63,94 %	54,39 %	60,09 %	53,48 %
Current Ratio	0,76	0,53	0,64	1,34
Quick Ratio	0,76	0,53	0,64	1,34
Equity Ratio	0,53	0,4	0,31	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %