HERMAN NILSEN & SØNNER AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

33,86 %

Current Ratio

1,38

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 916 000	21 581 000	20 948 000	19 380 000
Net Income	1 608 000	1 441 000	985 000	678 000
Total Assets	10 525 000	10 021 000	8 090 000	7 503 000
Total Equity	4 749 000	4 340 000	3 900 000	3 714 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 916 000	21 581 000	20 948 000	19 380 000
Expenditure	23 858 000	19 741 000	19 676 000	18 776 000
Operating Profit	2 058 000	1 841 000	1 272 000	876 000
Financial Income	10 000	10 000	2 000	5 000
Financial Costs	6 000	3 000	11 000	11 000
Financial Balance	4 000	7 000	−9 000	−6 000
Earnings Before Tax	2 062 000	1 847 000	1 264 000	870 000
Tax	454 000	406 000	278 000	193 000
Net Income	1 608 000	1 441 000	985 000	678 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 773 000	2 665 000	2 508 000	2 179 000
Total Current Assets	7 752 000	7 356 000	5 582 000	5 324 000
Total Assets	10 525 000	10 021 000	8 090 000	7 503 000
Total Retained Equity	1 042 000	634 000	193 000	8 000
Total Equity	4 749 000	4 340 000	3 900 000	3 714 000
Total Long-Term Debt	147 000	123 000	101 000	87 000
Total Current Debt	5 629 000	5 558 000	4 089 000	3 703 000
Total Equity and Debt	10 525 000	10 021 000	8 090 000	7 503 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 810 000	21 581 000	20 948 000	19 380 000
Other Income	106 000	0	0	0
Revenue	25 916 000	21 581 000	20 948 000	19 380 000
Cost of Goods Sold	7 979 000	5 685 000	5 666 000	5 453 000
Salary Costs	12 278 000	10 594 000	10 686 000	9 990 000
Depreciation	534 000	535 000	439 000	365 000
Impairment	0	0	0	0
Expenditure	23 858 000	19 741 000	19 676 000	18 776 000
Operating Profit	2 058 000	1 841 000	1 272 000	876 000
Financial Income	10 000	10 000	2 000	5 000
Financial Costs	6 000	3 000	11 000	11 000
Financial Balance	4 000	7 000	−9 000	−6 000
Dividends	1 200 000	1 000 000	800 000	0
Net Income	1 608 000	1 441 000	985 000	678 000

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	1 575 000
Fixtures	2 773 000	2 665 000	2 508 000	604 000
Total Tangible Assets	2 773 000	2 665 000	2 508 000	2 179 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 773 000	2 665 000	2 508 000	2 179 000
Stock	2 041 000	1 540 000	982 000	1 494 000
Total Investments	0	0	0	0
Cash, Bank	2 161 000	2 534 000	1 594 000	1 397 000
Total Current Assets	7 752 000	7 356 000	5 582 000	5 324 000
Total Assets	10 525 000	10 021 000	8 090 000	7 503 000
Total Equity	4 749 000	4 340 000	3 900 000	3 714 000
Short-Term Group Debt	1 200 000	1 000 000	800 000	670 000
Total Long-Term Debt	147 000	123 000	101 000	87 000
Creditors	1 128 000	1 349 000	522 000	713 000
Unpaid Taxes	1 404 000	1 551 000	1 411 000	1 063 000
Dividends	1 200 000	1 000 000	800 000	0
Other Current Debt	1 467 000	1 273 000	1 093 000	1 085 000
Total Current Debt	5 629 000	5 558 000	4 089 000	3 703 000
Total Equity and Debt	10 525 000	10 021 000	8 090 000	7 503 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,86 %	33,2 %	25,26 %	18,26 %
Debt-to-Equity Ratio	0,03	0,03	0,03	0,02
Operating Profit Margin	7,94 %	8,53 %	6,07 %	4,52 %
Current Ratio	1,38	1,32	1,37	1,44
Quick Ratio	2,16	1,83	1,8	2,41
Equity Ratio	0,45	0,43	0,48	0,5
Gross Profit Margin	69,21 %	73,66 %	72,95 %	71,86 %