HERSTAD ENTREPRENØR AS

1859 SLITU

Finances

Share Ownership

Return on Equity

233,03 %

Current Ratio

1,52

Debt-to-Equity Ratio

1,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 222 000	22 682 000	17 260 000	24 889 000
Net Income	2 603 000	1 456 000	747 000	2 353 000
Total Assets	9 591 000	9 199 000	6 224 000	8 895 000
Total Equity	1 117 000	1 075 000	1 019 000	1 273 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 222 000	22 682 000	17 260 000	24 889 000
Expenditure	19 859 000	20 744 000	16 338 000	21 788 000
Operating Profit	3 363 000	1 938 000	922 000	3 101 000
Financial Income	3 000	4 000	2 000	1 000
Financial Costs	57 000	30 000	20 000	33 000
Financial Balance	−54 000	−26 000	−18 000	−32 000
Earnings Before Tax	3 309 000	1 912 000	904 000	3 069 000
Tax	706 000	456 000	158 000	715 000
Net Income	2 603 000	1 456 000	747 000	2 353 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	43 000	50 000	31 000
Total Current Assets	9 571 000	9 156 000	6 174 000	8 864 000
Total Assets	9 591 000	9 199 000	6 224 000	8 895 000
Total Retained Equity	817 000	775 000	719 000	973 000
Total Equity	1 117 000	1 075 000	1 019 000	1 273 000
Total Long-Term Debt	2 180 000	3 182 000	2 348 000	112 000
Total Current Debt	6 293 000	4 942 000	2 856 000	7 510 000
Total Equity and Debt	9 591 000	9 199 000	6 224 000	8 895 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 222 000	22 885 000	17 310 000	25 118 000
Other Income	0	−203 000	−50 000	−229 000
Revenue	23 222 000	22 682 000	17 260 000	24 889 000
Cost of Goods Sold	7 677 000	8 638 000	6 040 000	9 898 000
Salary Costs	5 728 000	5 263 000	4 813 000	5 329 000
Depreciation	23 000	27 000	17 000	9 000
Impairment	0	0	0	0
Expenditure	19 859 000	20 744 000	16 338 000	21 788 000
Operating Profit	3 363 000	1 938 000	922 000	3 101 000
Financial Income	3 000	4 000	2 000	1 000
Financial Costs	57 000	30 000	20 000	33 000
Financial Balance	−54 000	−26 000	−18 000	−32 000
Dividends	0	0	0	0
Net Income	2 603 000	1 456 000	747 000	2 353 000

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	0
Fixtures	20 000	43 000	50 000	31 000
Total Tangible Assets	20 000	43 000	50 000	31 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 000	43 000	50 000	31 000
Stock	109 000	58 000	62 000	71 000
Total Investments	0	0	0	0
Cash, Bank	5 429 000	5 244 000	4 057 000	3 951 000
Total Current Assets	9 571 000	9 156 000	6 174 000	8 864 000
Total Assets	9 591 000	9 199 000	6 224 000	8 895 000
Total Equity	1 117 000	1 075 000	1 019 000	1 273 000
Short-Term Group Debt	2 700 000	1 400 000	1 000 000	2 300 000
Total Long-Term Debt	2 180 000	3 182 000	2 348 000	112 000
Creditors	1 177 000	1 341 000	682 000	3 021 000
Unpaid Taxes	824 000	728 000	269 000	644 000
Dividends	0	0	0	0
Other Current Debt	1 025 000	1 017 000	747 000	830 000
Total Current Debt	6 293 000	4 942 000	2 856 000	7 510 000
Total Equity and Debt	9 591 000	9 199 000	6 224 000	8 895 000

Financial indicators	2022	2021	2020	2019
Return on Equity	233,03 %	135,44 %	73,31 %	184,84 %
Debt-to-Equity Ratio	1,95	2,96	2,3	0,09
Operating Profit Margin	14,48 %	8,54 %	5,34 %	12,46 %
Current Ratio	1,52	1,85	2,16	1,18
Quick Ratio	1,55	1,87	2,21	1,19
Equity Ratio	0,12	0,12	0,16	0,14
Gross Profit Margin	66,94 %	61,92 %	65,01 %	60,23 %