HEROCK AS

3044 DRAMMEN

Finances

Return on Equity

2,15 %

Current Ratio

0,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 179 000	4 308 000	4 316 000	3 474 000
Net Income	1 076 000	2 634 000	−180 000	2 179 000
Total Assets	56 204 000	55 600 000	52 816 000	48 109 000
Total Equity	50 025 000	49 408 000	47 006 000	47 311 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 179 000	4 308 000	4 316 000	3 474 000
Expenditure	442 000	487 000	1 332 000	711 000
Operating Profit	1 738 000	3 821 000	2 983 000	2 763 000
Financial Income	268 000	105 000	78 000	34 000
Financial Costs	544 000	464 000	2 571 000	0
Financial Balance	−276 000	−359 000	−2 493 000	34 000
Earnings Before Tax	1 462 000	3 462 000	490 000	2 797 000
Tax	386 000	828 000	671 000	619 000
Net Income	1 076 000	2 634 000	−180 000	2 179 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	56 092 000	53 601 000	47 861 000	47 521 000
Total Current Assets	113 000	2 000 000	4 955 000	588 000
Total Assets	56 204 000	55 600 000	52 816 000	48 109 000
Total Retained Equity	49 965 000	49 348 000	46 946 000	47 251 000
Total Equity	50 025 000	49 408 000	47 006 000	47 311 000
Total Long-Term Debt	0	5 000 000	5 000 000	0
Total Current Debt	6 179 000	1 193 000	810 000	798 000
Total Equity and Debt	56 204 000	55 600 000	52 816 000	48 109 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 179 000	4 265 000	4 268 000	3 474 000
Other Income	0	42 000	48 000	0
Revenue	2 179 000	4 308 000	4 316 000	3 474 000
Cost of Goods Sold	0	25 000	905 000	0
Salary Costs	0	0	0	0
Depreciation	7 000	9 000	8 000	0
Impairment	0	0	0	0
Expenditure	442 000	487 000	1 332 000	711 000
Operating Profit	1 738 000	3 821 000	2 983 000	2 763 000
Financial Income	268 000	105 000	78 000	34 000
Financial Costs	544 000	464 000	2 571 000	0
Financial Balance	−276 000	−359 000	−2 493 000	34 000
Dividends	0	0	0	0
Net Income	1 076 000	2 634 000	−180 000	2 179 000

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	28 000	36 000	44 000	0
Total Tangible Assets	28 000	36 000	44 000	0
Total Fiancial Fixed Assets	56 063 000	53 565 000	47 817 000	47 521 000
Total Fixed Assets	56 092 000	53 601 000	47 861 000	47 521 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	113 000	1 332 000	4 643 000	451 000
Total Current Assets	113 000	2 000 000	4 955 000	588 000
Total Assets	56 204 000	55 600 000	52 816 000	48 109 000
Total Equity	50 025 000	49 408 000	47 006 000	47 311 000
Short-Term Group Debt	587 000	298 000	160 000	149 000
Total Long-Term Debt	0	5 000 000	5 000 000	0
Creditors	1 000	11 000	8 000	6 000
Unpaid Taxes	18 000	119 000	0	57 000
Dividends	0	0	0	0
Other Current Debt	5 316 000	2 000	6 000	0
Total Current Debt	6 179 000	1 193 000	810 000	798 000
Total Equity and Debt	56 204 000	55 600 000	52 816 000	48 109 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,15 %	5,33 %	−0,38 %	4,61 %
Debt-to-Equity Ratio	0	0,1	0,11	0
Operating Profit Margin	79,76 %	88,7 %	69,11 %	79,53 %
Current Ratio	0,02	1,68	6,12	0,74
Quick Ratio	0,02	1,68	6,12	0,74
Equity Ratio	0,89	0,89	0,89	0,98
Gross Profit Margin	100 %	99,42 %	79,03 %	100 %