HERMES II AS

9008 TROMSØ

Finances

Share Ownership

Return on Equity

−50,46 %

Current Ratio

7,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 056 000	1 510 000	1 260 000	650 000
Net Income	−3 160 000	−3 656 000	−2 958 000	−2 089 000
Total Assets	7 120 000	7 258 000	7 378 000	7 551 000
Total Equity	6 263 000	6 174 000	494 000	465 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 056 000	1 510 000	1 260 000	650 000
Expenditure	8 134 000	5 769 000	4 838 000	3 171 000
Operating Profit	−4 078 000	−4 260 000	−3 578 000	−2 522 000
Financial Income	2 000	3 000	1 000	0
Financial Costs	0	199 000	223 000	209 000
Financial Balance	2 000	−196 000	−222 000	−209 000
Earnings Before Tax	−4 076 000	−4 456 000	−3 800 000	−2 730 000
Tax	−916 000	−800 000	−842 000	−641 000
Net Income	−3 160 000	−3 656 000	−2 958 000	−2 089 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	491 000	784 000	2 553 000	3 144 000
Total Current Assets	6 630 000	6 473 000	4 825 000	4 407 000
Total Assets	7 120 000	7 258 000	7 378 000	7 551 000
Total Retained Equity	−267 000	−356 000	464 000	435 000
Total Equity	6 263 000	6 174 000	494 000	465 000
Total Long-Term Debt	0	0	6 500 000	5 500 000
Total Current Debt	857 000	1 083 000	383 000	1 586 000
Total Equity and Debt	7 120 000	7 258 000	7 378 000	7 551 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 580 000	976 000	1 238 000	415 000
Other Income	476 000	534 000	22 000	235 000
Revenue	4 056 000	1 510 000	1 260 000	650 000
Cost of Goods Sold	395 000	327 000	688 000	230 000
Salary Costs	3 654 000	1 107 000	1 156 000	377 000
Depreciation	294 000	568 000	572 000	477 000
Impairment	0	1 200 000	0	0
Expenditure	8 134 000	5 769 000	4 838 000	3 171 000
Operating Profit	−4 078 000	−4 260 000	−3 578 000	−2 522 000
Financial Income	2 000	3 000	1 000	0
Financial Costs	0	199 000	223 000	209 000
Financial Balance	2 000	−196 000	−222 000	−209 000
Dividends	0	0	0	0
Net Income	−3 160 000	−3 656 000	−2 958 000	−2 089 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	30 000	65 000	101 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	491 000	755 000	2 487 000	3 043 000
Total Tangible Assets	491 000	755 000	2 487 000	3 043 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	491 000	784 000	2 553 000	3 144 000
Stock	231 000	168 000	243 000	665 000
Total Investments	0	0	0	0
Cash, Bank	1 840 000	2 364 000	632 000	562 000
Total Current Assets	6 630 000	6 473 000	4 825 000	4 407 000
Total Assets	7 120 000	7 258 000	7 378 000	7 551 000
Total Equity	6 263 000	6 174 000	494 000	465 000
Short-Term Group Debt	308 000	359 000	258 000	1 319 000
Total Long-Term Debt	0	0	6 500 000	5 500 000
Creditors	1 000	463 000	5 000	161 000
Unpaid Taxes	184 000	126 000	21 000	72 000
Dividends	0	0	0	0
Other Current Debt	364 000	135 000	99 000	34 000
Total Current Debt	857 000	1 083 000	383 000	1 586 000
Total Equity and Debt	7 120 000	7 258 000	7 378 000	7 551 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−50,46 %	−59,22 %	−598,79 %	−449,25 %
Debt-to-Equity Ratio	0	0	13,16	11,83
Operating Profit Margin	−100,54 %	−282,12 %	−283,97 %	−388 %
Current Ratio	7,74	5,98	12,6	2,78
Quick Ratio	10,59	7,07	34,46	4,79
Equity Ratio	0,88	0,85	0,07	0,06
Gross Profit Margin	90,26 %	78,34 %	45,4 %	64,62 %