HERMAN MEREN AS

2609 LILLEHAMMER

Finances

Return on Equity

−11,11 %

Current Ratio

0,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	1 000	2 000
Net Income	−3 000	−6 000	−2 000	2 000
Total Assets	95 000	78 000	36 000	38 000
Total Equity	27 000	30 000	36 000	38 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	1 000	2 000
Expenditure	0	0	2 000	0
Operating Profit	0	0	−1 000	2 000
Financial Income	0	0	0	0
Financial Costs	3 000	6 000	0	0
Financial Balance	−3 000	−6 000	0	0
Earnings Before Tax	−3 000	−6 000	−2 000	2 000
Tax	0	0	0	0
Net Income	−3 000	−6 000	−2 000	2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	48 000	48 000	0	0
Total Current Assets	47 000	30 000	36 000	38 000
Total Assets	95 000	78 000	36 000	38 000
Total Retained Equity	−3 000	0	0	0
Total Equity	27 000	30 000	36 000	38 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	68 000	48 000	0	0
Total Equity and Debt	95 000	78 000	36 000	38 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	1 000	2 000
Other Income	0	0	0	0
Revenue	0	0	1 000	2 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	0	0	2 000	0
Operating Profit	0	0	−1 000	2 000
Financial Income	0	0	0	0
Financial Costs	3 000	6 000	0	0
Financial Balance	−3 000	−6 000	0	0
Dividends	0	0	0	0
Net Income	−3 000	−6 000	−2 000	2 000

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	48 000	48 000	0	0
Total Fixed Assets	48 000	48 000	0	0
Stock	0	0	0	0
Total Investments	30 000	0	23 000	25 000
Cash, Bank	11 000	25 000	8 000	7 000
Total Current Assets	47 000	30 000	36 000	38 000
Total Assets	95 000	78 000	36 000	38 000
Total Equity	27 000	30 000	36 000	38 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	68 000	48 000	0	0
Total Current Debt	68 000	48 000	0	0
Total Equity and Debt	95 000	78 000	36 000	38 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,11 %	−20 %	−5,56 %	5,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	−100 %	100 %
Current Ratio	0,69	0,63	-	-
Quick Ratio	0,69	0,63	-	-
Equity Ratio	0,28	0,38	1	1
Gross Profit Margin	-	-	100 %	100 %