HERK AS

7670 INDERØY

Finances

Share Ownership

Return on Equity

18,02 %

Current Ratio

0,68

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 000 000	1 000 000	1 074 000	810 000
Net Income	483 000	474 000	528 000	317 000
Total Assets	4 604 000	5 095 000	5 505 000	4 368 000
Total Equity	2 681 000	2 198 000	1 724 000	1 196 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 000 000	1 000 000	1 074 000	810 000
Expenditure	324 000	325 000	310 000	312 000
Operating Profit	676 000	675 000	765 000	499 000
Financial Income	0	0	0	0
Financial Costs	56 000	68 000	88 000	92 000
Financial Balance	−56 000	−68 000	−88 000	−92 000
Earnings Before Tax	619 000	607 000	677 000	407 000
Tax	136 000	134 000	149 000	90 000
Net Income	483 000	474 000	528 000	317 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 473 000	4 700 000	4 928 000	3 870 000
Total Current Assets	131 000	395 000	577 000	498 000
Total Assets	4 604 000	5 095 000	5 505 000	4 368 000
Total Retained Equity	2 641 000	2 169 000	1 695 000	1 167 000
Total Equity	2 681 000	2 198 000	1 724 000	1 196 000
Total Long-Term Debt	1 730 000	2 675 000	3 595 000	3 025 000
Total Current Debt	193 000	222 000	186 000	147 000
Total Equity and Debt	4 604 000	5 095 000	5 505 000	4 368 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 000 000	1 000 000	1 074 000	810 000
Revenue	1 000 000	1 000 000	1 074 000	810 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	250 000	250 000	250 000	250 000
Impairment	0	0	0	0
Expenditure	324 000	325 000	310 000	312 000
Operating Profit	676 000	675 000	765 000	499 000
Financial Income	0	0	0	0
Financial Costs	56 000	68 000	88 000	92 000
Financial Balance	−56 000	−68 000	−88 000	−92 000
Dividends	0	0	0	0
Net Income	483 000	474 000	528 000	317 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	100 000	76 000	54 000	34 000
Real Eastate	4 374 000	4 624 000	4 874 000	3 836 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 374 000	4 624 000	4 874 000	3 836 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 473 000	4 700 000	4 928 000	3 870 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	129 000	392 000	577 000	494 000
Total Current Assets	131 000	395 000	577 000	498 000
Total Assets	4 604 000	5 095 000	5 505 000	4 368 000
Total Equity	2 681 000	2 198 000	1 724 000	1 196 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 730 000	2 675 000	3 595 000	3 025 000
Creditors	0	0	0	3 000
Unpaid Taxes	0	0	0	1 000
Dividends	0	0	0	0
Other Current Debt	33 000	66 000	17 000	35 000
Total Current Debt	193 000	222 000	186 000	147 000
Total Equity and Debt	4 604 000	5 095 000	5 505 000	4 368 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,02 %	21,57 %	30,63 %	26,51 %
Debt-to-Equity Ratio	0,65	1,22	2,09	2,53
Operating Profit Margin	67,6 %	67,5 %	71,23 %	61,6 %
Current Ratio	0,68	1,78	3,1	3,39
Quick Ratio	0,68	1,78	3,1	3,39
Equity Ratio	0,58	0,43	0,31	0,27
Gross Profit Margin	100 %	100 %	100 %	100 %