HERLAND ENTREPRENØR AS

5363 ÅGOTNES

Finances

Share Ownership

Return on Equity

−65,48 %

Current Ratio

0,41

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	733 000	500 000	690 000	985 000
Net Income	55 000	−24 000	−19 000	−82 000
Total Assets	549 000	380 000	517 000	668 000
Total Equity	−84 000	−139 000	−115 000	−96 000

Income (NOK)	2022	2021	2020	2019
Revenue	733 000	500 000	690 000	985 000
Expenditure	696 000	523 000	703 000	1 054 000
Operating Profit	37 000	−22 000	−13 000	−69 000
Financial Income	0	0	0	0
Financial Costs	1 000	2 000	5 000	12 000
Financial Balance	−1 000	−2 000	−5 000	−12 000
Earnings Before Tax	36 000	−24 000	−19 000	−82 000
Tax	−20 000	0	0	0
Net Income	55 000	−24 000	−19 000	−82 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	287 000	359 000	464 000	580 000
Total Current Assets	261 000	21 000	53 000	88 000
Total Assets	549 000	380 000	517 000	668 000
Total Retained Equity	−104 000	−159 000	−134 000	−115 000
Total Equity	−84 000	−139 000	−115 000	−96 000
Total Long-Term Debt	0	20 000	34 000	114 000
Total Current Debt	633 000	500 000	598 000	649 000
Total Equity and Debt	549 000	380 000	517 000	668 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	695 000	500 000	690 000	985 000
Other Income	38 000	0	0	0
Revenue	733 000	500 000	690 000	985 000
Cost of Goods Sold	120 000	94 000	168 000	392 000
Salary Costs	51 000	47 000	61 000	145 000
Depreciation	72 000	105 000	116 000	144 000
Impairment	0	0	0	0
Expenditure	696 000	523 000	703 000	1 054 000
Operating Profit	37 000	−22 000	−13 000	−69 000
Financial Income	0	0	0	0
Financial Costs	1 000	2 000	5 000	12 000
Financial Balance	−1 000	−2 000	−5 000	−12 000
Dividends	0	0	0	0
Net Income	55 000	−24 000	−19 000	−82 000

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	287 000	359 000	464 000	580 000
Fixtures	0	0	0	0
Total Tangible Assets	287 000	359 000	464 000	580 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	287 000	359 000	464 000	580 000
Stock	0	0	0	35 000
Total Investments	0	0	0	0
Cash, Bank	208 000	17 000	8 000	20 000
Total Current Assets	261 000	21 000	53 000	88 000
Total Assets	549 000	380 000	517 000	668 000
Total Equity	−84 000	−139 000	−115 000	−96 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	20 000	34 000	114 000
Creditors	−2 000	−27 000	3 000	34 000
Unpaid Taxes	35 000	17 000	19 000	13 000
Dividends	0	0	0	0
Other Current Debt	599 000	510 000	576 000	602 000
Total Current Debt	633 000	500 000	598 000	649 000
Total Equity and Debt	549 000	380 000	517 000	668 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−65,48 %	17,27 %	16,52 %	85,42 %
Debt-to-Equity Ratio	−0	−0,14	−0,3	−1,19
Operating Profit Margin	5,05 %	−4,4 %	−1,88 %	−7,01 %
Current Ratio	0,41	0,04	0,09	0,14
Quick Ratio	0,41	0,04	0,09	0,14
Equity Ratio	−0,15	−0,37	−0,22	−0,14
Gross Profit Margin	83,63 %	81,2 %	75,65 %	60,2 %