HERLAND UTVIKLING AS

3138 SKALLESTAD

Finances

Return on Equity

−12,66 %

Current Ratio

3,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	264 000	120 000	130 000	4 000
Net Income	−293 000	−272 000	2 557 000	4 000
Total Assets	2 451 000	2 639 000	3 507 000	799 000
Total Equity	2 314 000	2 607 000	2 879 000	802 000

Income (NOK)	2022	2021	2020	2019
Revenue	264 000	120 000	130 000	4 000
Expenditure	587 000	276 000	16 000	36 000
Operating Profit	−323 000	−156 000	114 000	−32 000
Financial Income	96 000	140 000	2 484 000	36 000
Financial Costs	32 000	291 000	0	0
Financial Balance	64 000	−151 000	2 484 000	36 000
Earnings Before Tax	−258 000	−306 000	2 598 000	5 000
Tax	35 000	−35 000	41 000	1 000
Net Income	−293 000	−272 000	2 557 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 000 000	1 357 000	565 000	755 000
Total Current Assets	450 000	1 281 000	2 942 000	44 000
Total Assets	2 451 000	2 639 000	3 507 000	799 000
Total Retained Equity	2 284 000	2 577 000	2 849 000	772 000
Total Equity	2 314 000	2 607 000	2 879 000	802 000
Total Long-Term Debt	0	0	76 000	0
Total Current Debt	136 000	31 000	552 000	−4 000
Total Equity and Debt	2 451 000	2 639 000	3 507 000	799 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	264 000	120 000	130 000	4 000
Other Income	0	0	0	0
Revenue	264 000	120 000	130 000	4 000
Cost of Goods Sold	0	0	0	0
Salary Costs	488 000	116 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	587 000	276 000	16 000	36 000
Operating Profit	−323 000	−156 000	114 000	−32 000
Financial Income	96 000	140 000	2 484 000	36 000
Financial Costs	32 000	291 000	0	0
Financial Balance	64 000	−151 000	2 484 000	36 000
Dividends	0	0	480 000	0
Net Income	−293 000	−272 000	2 557 000	4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	35 000	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	2 000 000	1 323 000	565 000	755 000
Total Fixed Assets	2 000 000	1 357 000	565 000	755 000
Stock	0	0	0	0
Total Investments	257 000	772 000	157 000	0
Cash, Bank	189 000	527 000	805 000	44 000
Total Current Assets	450 000	1 281 000	2 942 000	44 000
Total Assets	2 451 000	2 639 000	3 507 000	799 000
Total Equity	2 314 000	2 607 000	2 879 000	802 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	76 000	0
Creditors	10 000	2 000	0	0
Unpaid Taxes	86 000	19 000	31 000	−5 000
Dividends	0	0	480 000	0
Other Current Debt	41 000	11 000	0	0
Total Current Debt	136 000	31 000	552 000	−4 000
Total Equity and Debt	2 451 000	2 639 000	3 507 000	799 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,66 %	−10,43 %	88,82 %	0,5 %
Debt-to-Equity Ratio	0	0	0,03	0
Operating Profit Margin	−122,35 %	−130 %	87,69 %	−800 %
Current Ratio	3,31	41,32	5,33	−11
Quick Ratio	3,31	41,32	5,33	−11
Equity Ratio	0,94	0,99	0,82	1
Gross Profit Margin	100 %	100 %	100 %	100 %