HERJE UTVIKLING AS

6360 ÅFARNES

Finances

Share Ownership

Return on Equity

27,5 %

Current Ratio

5,95

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 927 000	2 127 000	2 366 000	606 000
Net Income	615 000	588 000	1 089 000	−81 000
Total Assets	3 457 000	2 953 000	2 807 000	1 481 000
Total Equity	2 236 000	1 621 000	1 033 000	−56 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 927 000	2 127 000	2 366 000	606 000
Expenditure	1 065 000	1 317 000	990 000	610 000
Operating Profit	863 000	810 000	1 376 000	−3 000
Financial Income	0	0	0	0
Financial Costs	52 000	56 000	69 000	78 000
Financial Balance	−52 000	−56 000	−69 000	−78 000
Earnings Before Tax	811 000	754 000	1 308 000	−81 000
Tax	196 000	166 000	218 000	0
Net Income	615 000	588 000	1 089 000	−81 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 486 000	1 250 000	1 119 000	902 000
Total Current Assets	1 971 000	1 703 000	1 688 000	579 000
Total Assets	3 457 000	2 953 000	2 807 000	1 481 000
Total Retained Equity	2 126 000	1 511 000	923 000	−166 000
Total Equity	2 236 000	1 621 000	1 033 000	−56 000
Total Long-Term Debt	890 000	1 006 000	1 274 000	1 500 000
Total Current Debt	331 000	327 000	500 000	37 000
Total Equity and Debt	3 457 000	2 953 000	2 807 000	1 481 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 845 000	1 911 000	2 366 000	606 000
Other Income	81 000	216 000	0	0
Revenue	1 927 000	2 127 000	2 366 000	606 000
Cost of Goods Sold	118 000	183 000	154 000	68 000
Salary Costs	24 000	0	0	0
Depreciation	278 000	292 000	253 000	219 000
Impairment	0	0	0	0
Expenditure	1 065 000	1 317 000	990 000	610 000
Operating Profit	863 000	810 000	1 376 000	−3 000
Financial Income	0	0	0	0
Financial Costs	52 000	56 000	69 000	78 000
Financial Balance	−52 000	−56 000	−69 000	−78 000
Dividends	0	0	0	0
Net Income	615 000	588 000	1 089 000	−81 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	288 000	287 000	214 000	153 000
Machinery and Plant Facilities	774 000	487 000	638 000	516 000
Fixtures	76 000	103 000	69 000	0
Total Tangible Assets	1 138 000	876 000	920 000	669 000
Total Fiancial Fixed Assets	348 000	374 000	198 000	233 000
Total Fixed Assets	1 486 000	1 250 000	1 119 000	902 000
Stock	1 649 000	1 410 000	1 158 000	272 000
Total Investments	0	0	0	0
Cash, Bank	230 000	262 000	371 000	231 000
Total Current Assets	1 971 000	1 703 000	1 688 000	579 000
Total Assets	3 457 000	2 953 000	2 807 000	1 481 000
Total Equity	2 236 000	1 621 000	1 033 000	−56 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	890 000	1 006 000	1 274 000	1 500 000
Creditors	71 000	18 000	110 000	3 000
Unpaid Taxes	10 000	135 000	176 000	12 000
Dividends	0	0	0	0
Other Current Debt	19 000	19 000	19 000	22 000
Total Current Debt	331 000	327 000	500 000	37 000
Total Equity and Debt	3 457 000	2 953 000	2 807 000	1 481 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,5 %	36,27 %	105,42 %	144,64 %
Debt-to-Equity Ratio	0,4	0,62	1,23	−26,79
Operating Profit Margin	44,78 %	38,08 %	58,16 %	−0,5 %
Current Ratio	5,95	5,21	3,38	15,65
Quick Ratio	−1,5	−1,57	−2,57	−2,46
Equity Ratio	0,65	0,55	0,37	−0,04
Gross Profit Margin	93,88 %	91,4 %	93,49 %	88,78 %