HERO GROUP AS

4013 STAVANGER

Finances

Return on Equity

77,19 %

Current Ratio

1,01

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 461 000	6 077 000	5 808 000	0
Net Income	146 291 000	1 826 000	16 487 000	7 781 000
Total Assets	492 433 000	304 433 000	323 913 000	346 959 000
Total Equity	189 521 000	195 971 000	197 477 000	205 991 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 461 000	6 077 000	5 808 000	0
Expenditure	7 830 000	8 154 000	9 555 000	6 561 000
Operating Profit	−2 370 000	−2 078 000	−3 746 000	−6 560 000
Financial Income	205 601 000	12 250 000	32 133 000	16 309 000
Financial Costs	13 837 000	6 011 000	12 503 000	6 041 000
Financial Balance	191 764 000	6 239 000	19 630 000	10 268 000
Earnings Before Tax	189 394 000	4 162 000	15 884 000	3 707 000
Tax	43 104 000	2 336 000	−603 000	−4 073 000
Net Income	146 291 000	1 826 000	16 487 000	7 781 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	286 124 000	289 306 000	293 588 000	310 052 000
Total Current Assets	206 309 000	15 127 000	30 325 000	36 907 000
Total Assets	492 433 000	304 433 000	323 913 000	346 959 000
Total Retained Equity	48 139 000	54 589 000	56 096 000	64 609 000
Total Equity	189 521 000	195 971 000	197 477 000	205 991 000
Total Long-Term Debt	99 051 000	92 917 000	88 491 000	90 806 000
Total Current Debt	203 862 000	15 545 000	37 944 000	50 162 000
Total Equity and Debt	492 433 000	304 433 000	323 913 000	346 959 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 418 000	6 046 000	5 808 000	0
Other Income	42 000	30 000	0	0
Revenue	5 461 000	6 077 000	5 808 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	853 000	1 571 000	2 565 000	4 264 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 830 000	8 154 000	9 555 000	6 561 000
Operating Profit	−2 370 000	−2 078 000	−3 746 000	−6 560 000
Financial Income	205 601 000	12 250 000	32 133 000	16 309 000
Financial Costs	13 837 000	6 011 000	12 503 000	6 041 000
Financial Balance	191 764 000	6 239 000	19 630 000	10 268 000
Dividends	0	0	0	0
Net Income	146 291 000	1 826 000	16 487 000	7 781 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	770 000	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	286 124 000	289 306 000	292 818 000	310 052 000
Total Fixed Assets	286 124 000	289 306 000	293 588 000	310 052 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−1 000	0	0	0
Total Current Assets	206 309 000	15 127 000	30 325 000	36 907 000
Total Assets	492 433 000	304 433 000	323 913 000	346 959 000
Total Equity	189 521 000	195 971 000	197 477 000	205 991 000
Short-Term Group Debt	203 860 000	14 904 000	37 658 000	50 000 000
Total Long-Term Debt	99 051 000	92 917 000	88 491 000	90 806 000
Creditors	2 000	90 000	120 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	162 000
Total Current Debt	203 862 000	15 545 000	37 944 000	50 162 000
Total Equity and Debt	492 433 000	304 433 000	323 913 000	346 959 000

Financial indicators	2022	2021	2020	2019
Return on Equity	77,19 %	0,93 %	8,35 %	3,78 %
Debt-to-Equity Ratio	0,52	0,47	0,45	0,44
Operating Profit Margin	−43,4 %	−34,19 %	−64,5 %	-
Current Ratio	1,01	0,97	0,8	0,74
Quick Ratio	1,01	0,97	0,8	0,74
Equity Ratio	0,38	0,64	0,61	0,59
Gross Profit Margin	100 %	100 %	100 %	-