HERO TOLK AS

4013 STAVANGER

Finances

Share Ownership

Return on Equity

134,18 %

Current Ratio

1,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	111 987 000	59 494 000	40 605 000	30 674 000
Net Income	8 389 000	3 479 000	−1 837 000	−1 704 000
Total Assets	39 887 000	25 438 000	16 763 000	18 921 000
Total Equity	6 252 000	7 261 000	7 497 000	10 156 000

Income (NOK)	2022	2021	2020	2019
Revenue	111 987 000	59 494 000	40 605 000	30 674 000
Expenditure	96 196 000	55 024 000	39 584 000	32 733 000
Operating Profit	15 791 000	4 470 000	1 021 000	−2 059 000
Financial Income	231 000	34 000	10 000	31 000
Financial Costs	4 109 000	43 000	2 653 000	159 000
Financial Balance	−3 878 000	−9 000	−2 643 000	−128 000
Earnings Before Tax	11 912 000	4 460 000	−1 622 000	−2 187 000
Tax	3 523 000	982 000	215 000	−482 000
Net Income	8 389 000	3 479 000	−1 837 000	−1 704 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	109 000	9 427 000	9 961 000	13 144 000
Total Current Assets	39 778 000	16 011 000	6 802 000	5 777 000
Total Assets	39 887 000	25 438 000	16 763 000	18 921 000
Total Retained Equity	0	−2 895 000	−2 659 000	0
Total Equity	6 252 000	7 261 000	7 497 000	10 156 000
Total Long-Term Debt	0	0	0	3 000
Total Current Debt	33 635 000	18 177 000	9 265 000	8 761 000
Total Equity and Debt	39 887 000	25 438 000	16 763 000	18 921 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	111 987 000	59 494 000	40 605 000	23 523 000
Other Income	0	0	0	7 151 000
Revenue	111 987 000	59 494 000	40 605 000	30 674 000
Cost of Goods Sold	55 342 000	25 821 000	8 022 000	593 000
Salary Costs	35 352 000	24 149 000	26 543 000	25 998 000
Depreciation	347 000	600 000	600 000	605 000
Impairment	0	0	0	0
Expenditure	96 196 000	55 024 000	39 584 000	32 733 000
Operating Profit	15 791 000	4 470 000	1 021 000	−2 059 000
Financial Income	231 000	34 000	10 000	31 000
Financial Costs	4 109 000	43 000	2 653 000	159 000
Financial Balance	−3 878 000	−9 000	−2 643 000	−128 000
Dividends	0	0	0	0
Net Income	8 389 000	3 479 000	−1 837 000	−1 704 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	109 000	79 000	13 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	347 000	947 000	1 552 000
Total Tangible Assets	0	347 000	947 000	1 552 000
Total Fiancial Fixed Assets	0	9 000 000	9 000 000	11 592 000
Total Fixed Assets	109 000	9 427 000	9 961 000	13 144 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	28 000	58 000	38 000	67 000
Total Current Assets	39 778 000	16 011 000	6 802 000	5 777 000
Total Assets	39 887 000	25 438 000	16 763 000	18 921 000
Total Equity	6 252 000	7 261 000	7 497 000	10 156 000
Short-Term Group Debt	12 952 000	8 618 000	1 438 000	3 698 000
Total Long-Term Debt	0	0	0	3 000
Creditors	6 131 000	2 160 000	1 595 000	117 000
Unpaid Taxes	4 563 000	2 136 000	2 277 000	1 924 000
Dividends	0	0	0	0
Other Current Debt	9 990 000	5 262 000	3 955 000	3 022 000
Total Current Debt	33 635 000	18 177 000	9 265 000	8 761 000
Total Equity and Debt	39 887 000	25 438 000	16 763 000	18 921 000

Financial indicators	2022	2021	2020	2019
Return on Equity	134,18 %	47,91 %	−24,5 %	−16,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,1 %	7,51 %	2,51 %	−6,71 %
Current Ratio	1,18	0,88	0,73	0,66
Quick Ratio	1,18	0,88	0,73	0,66
Equity Ratio	0,16	0,29	0,45	0,54
Gross Profit Margin	50,58 %	56,6 %	80,24 %	98,07 %