HERTZBERG VARMETEKNIKK AS

0781 OSLO

Finances

Return on Equity

41,01 %

Current Ratio

0,86

Debt-to-Equity Ratio

−0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 969 000	11 947 000	18 879 000	20 633 000
Net Income	−212 000	−720 000	310 000	−214 000
Total Assets	3 845 000	3 832 000	3 602 000	4 125 000
Total Equity	−517 000	−305 000	415 000	106 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 969 000	11 947 000	18 879 000	20 633 000
Expenditure	18 122 000	12 553 000	18 496 000	20 928 000
Operating Profit	−154 000	−605 000	384 000	−295 000
Financial Income	21 000	64 000	33 000	34 000
Financial Costs	79 000	30 000	21 000	17 000
Financial Balance	−58 000	34 000	12 000	17 000
Earnings Before Tax	−212 000	−572 000	395 000	−278 000
Tax	0	148 000	86 000	−64 000
Net Income	−212 000	−720 000	310 000	−214 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	100 000	100 000	248 000	334 000
Total Current Assets	3 745 000	3 732 000	3 353 000	3 791 000
Total Assets	3 845 000	3 832 000	3 602 000	4 125 000
Total Retained Equity	−547 000	−335 000	385 000	76 000
Total Equity	−517 000	−305 000	415 000	106 000
Total Long-Term Debt	30 000	400 000	0	0
Total Current Debt	4 332 000	3 738 000	3 186 000	4 019 000
Total Equity and Debt	3 845 000	3 832 000	3 602 000	4 125 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 506 000	11 930 000	18 879 000	20 623 000
Other Income	462 000	17 000	0	10 000
Revenue	17 969 000	11 947 000	18 879 000	20 633 000
Cost of Goods Sold	10 690 000	5 405 000	11 528 000	12 897 000
Salary Costs	5 488 000	5 531 000	5 239 000	6 183 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	18 122 000	12 553 000	18 496 000	20 928 000
Operating Profit	−154 000	−605 000	384 000	−295 000
Financial Income	21 000	64 000	33 000	34 000
Financial Costs	79 000	30 000	21 000	17 000
Financial Balance	−58 000	34 000	12 000	17 000
Dividends	0	0	0	0
Net Income	−212 000	−720 000	310 000	−214 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	148 000	234 000
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	100 000	100 000	100 000	100 000
Total Fixed Assets	100 000	100 000	248 000	334 000
Stock	150 000	150 000	150 000	150 000
Total Investments	0	0	0	0
Cash, Bank	250 000	675 000	398 000	439 000
Total Current Assets	3 745 000	3 732 000	3 353 000	3 791 000
Total Assets	3 845 000	3 832 000	3 602 000	4 125 000
Total Equity	−517 000	−305 000	415 000	106 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	30 000	400 000	0	0
Creditors	2 842 000	1 272 000	1 545 000	2 063 000
Unpaid Taxes	713 000	1 468 000	742 000	681 000
Dividends	0	0	0	0
Other Current Debt	734 000	686 000	698 000	981 000
Total Current Debt	4 332 000	3 738 000	3 186 000	4 019 000
Total Equity and Debt	3 845 000	3 832 000	3 602 000	4 125 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,01 %	236,07 %	74,7 %	−201,89 %
Debt-to-Equity Ratio	−0,06	−1,31	0	0
Operating Profit Margin	−0,86 %	−5,06 %	2,03 %	−1,43 %
Current Ratio	0,86	1	1,05	0,94
Quick Ratio	0,9	1,04	1,1	0,98
Equity Ratio	−0,13	−0,08	0,12	0,03
Gross Profit Margin	40,51 %	54,76 %	38,94 %	37,49 %