HERØY AUTO AS

6095 BØLANDET

Finances

Share Ownership

Return on Equity

29,72 %

Current Ratio

1,1

Debt-to-Equity Ratio

−0,67

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 632 000	1 844 000	2 051 000	1 946 000
Net Income	178 000	212 000	185 000	−50 000
Total Assets	951 000	928 000	779 000	969 000
Total Equity	599 000	420 000	208 000	23 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 632 000	1 844 000	2 051 000	1 946 000
Expenditure	1 401 000	1 569 000	1 805 000	2 000 000
Operating Profit	232 000	275 000	246 000	−54 000
Financial Income	0	0	0	0
Financial Costs	3 000	3 000	9 000	9 000
Financial Balance	−3 000	−3 000	−9 000	−9 000
Earnings Before Tax	229 000	272 000	237 000	−64 000
Tax	50 000	60 000	52 000	−13 000
Net Income	178 000	212 000	185 000	−50 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	120 000	42 000	40 000	91 000
Total Current Assets	831 000	885 000	738 000	878 000
Total Assets	951 000	928 000	779 000	969 000
Total Retained Equity	569 000	390 000	178 000	−7 000
Total Equity	599 000	420 000	208 000	23 000
Total Long-Term Debt	−401 000	−390 000	−367 000	0
Total Current Debt	754 000	898 000	938 000	946 000
Total Equity and Debt	951 000	928 000	779 000	969 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 632 000	1 844 000	2 051 000	1 946 000
Other Income	0	0	0	0
Revenue	1 632 000	1 844 000	2 051 000	1 946 000
Cost of Goods Sold	667 000	733 000	821 000	667 000
Salary Costs	500 000	572 000	658 000	954 000
Depreciation	29 000	15 000	17 000	15 000
Impairment	0	0	0	0
Expenditure	1 401 000	1 569 000	1 805 000	2 000 000
Operating Profit	232 000	275 000	246 000	−54 000
Financial Income	0	0	0	0
Financial Costs	3 000	3 000	9 000	9 000
Financial Balance	−3 000	−3 000	−9 000	−9 000
Dividends	0	0	0	0
Net Income	178 000	212 000	185 000	−50 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	2 000	2 000	2 000	34 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	119 000	40 000	39 000	56 000
Total Tangible Assets	119 000	40 000	39 000	56 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	120 000	42 000	40 000	91 000
Stock	155 000	155 000	155 000	164 000
Total Investments	0	0	0	0
Cash, Bank	179 000	159 000	247 000	194 000
Total Current Assets	831 000	885 000	738 000	878 000
Total Assets	951 000	928 000	779 000	969 000
Total Equity	599 000	420 000	208 000	23 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	−401 000	−390 000	−367 000	0
Creditors	440 000	661 000	688 000	722 000
Unpaid Taxes	204 000	117 000	112 000	91 000
Dividends	0	0	0	0
Other Current Debt	60 000	60 000	118 000	133 000
Total Current Debt	754 000	898 000	938 000	946 000
Total Equity and Debt	951 000	928 000	779 000	969 000

Financial indicators	2021	2020	2019	2018
Return on Equity	29,72 %	50,48 %	88,94 %	−217,39 %
Debt-to-Equity Ratio	−0,67	−0,93	−1,76	0
Operating Profit Margin	14,22 %	14,91 %	11,99 %	−2,77 %
Current Ratio	1,1	0,99	0,79	0,93
Quick Ratio	1,39	1,19	0,94	1,12
Equity Ratio	0,63	0,45	0,27	0,02
Gross Profit Margin	59,13 %	60,25 %	59,97 %	65,72 %