HERO TECHNOLOGY AS

1339 VØYENENGA

Finances

Return on Equity

−1,83 %

Current Ratio

4,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 575 000	1 416 000	1 577 000	1 376 000
Net Income	−76 000	−312 000	843 000	901 000
Total Assets	4 699 000	4 632 000	4 920 000	4 130 000
Total Equity	4 162 000	4 238 000	4 549 000	3 707 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 575 000	1 416 000	1 577 000	1 376 000
Expenditure	1 419 000	1 159 000	1 189 000	1 143 000
Operating Profit	155 000	257 000	388 000	234 000
Financial Income	102 000	649 000	541 000	738 000
Financial Costs	291 000	1 168 000	0	1 000
Financial Balance	−189 000	−519 000	541 000	737 000
Earnings Before Tax	−33 000	−263 000	929 000	971 000
Tax	43 000	49 000	86 000	70 000
Net Income	−76 000	−312 000	843 000	901 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 417 000	0	0	718 000
Total Current Assets	2 282 000	4 632 000	4 920 000	3 412 000
Total Assets	4 699 000	4 632 000	4 920 000	4 130 000
Total Retained Equity	4 146 000	4 222 000	4 534 000	3 691 000
Total Equity	4 162 000	4 238 000	4 549 000	3 707 000
Total Long-Term Debt	12 000	15 000	18 000	23 000
Total Current Debt	525 000	380 000	352 000	401 000
Total Equity and Debt	4 699 000	4 632 000	4 920 000	4 130 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	1 376 000
Other Income	1 575 000	1 416 000	1 577 000	0
Revenue	1 575 000	1 416 000	1 577 000	1 376 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 217 000	966 000	1 026 000	1 034 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 419 000	1 159 000	1 189 000	1 143 000
Operating Profit	155 000	257 000	388 000	234 000
Financial Income	102 000	649 000	541 000	738 000
Financial Costs	291 000	1 168 000	0	1 000
Financial Balance	−189 000	−519 000	541 000	737 000
Dividends	0	0	0	0
Net Income	−76 000	−312 000	843 000	901 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 417 000	0	0	718 000
Total Fixed Assets	2 417 000	0	0	718 000
Stock	0	0	0	0
Total Investments	1 303 000	4 061 000	4 222 000	2 555 000
Cash, Bank	584 000	423 000	567 000	712 000
Total Current Assets	2 282 000	4 632 000	4 920 000	3 412 000
Total Assets	4 699 000	4 632 000	4 920 000	4 130 000
Total Equity	4 162 000	4 238 000	4 549 000	3 707 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 000	15 000	18 000	23 000
Creditors	103 000	56 000	0	18 000
Unpaid Taxes	258 000	134 000	123 000	132 000
Dividends	0	0	0	0
Other Current Debt	119 000	102 000	139 000	179 000
Total Current Debt	525 000	380 000	352 000	401 000
Total Equity and Debt	4 699 000	4 632 000	4 920 000	4 130 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,83 %	−7,36 %	18,53 %	24,31 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	9,84 %	18,15 %	24,6 %	17,01 %
Current Ratio	4,35	12,19	13,98	8,51
Quick Ratio	4,35	12,19	13,98	8,51
Equity Ratio	0,89	0,91	0,92	0,9
Gross Profit Margin	100 %	100 %	100 %	100 %