HERUD INVEST AS

2100 SKARNES

Finances

Share Ownership

Return on Equity

32,99 %

Current Ratio

10,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 811 000	745 000	631 000	1 488 000
Net Income	1 328 000	182 000	409 000	960 000
Total Assets	4 406 000	2 848 000	3 272 000	3 126 000
Total Equity	4 025 000	2 697 000	3 085 000	2 676 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 811 000	745 000	631 000	1 488 000
Expenditure	136 000	520 000	119 000	266 000
Operating Profit	1 676 000	226 000	513 000	1 221 000
Financial Income	30 000	9 000	13 000	9 000
Financial Costs	0	0	1 000	0
Financial Balance	30 000	9 000	12 000	9 000
Earnings Before Tax	1 705 000	235 000	525 000	1 230 000
Tax	377 000	53 000	116 000	271 000
Net Income	1 328 000	182 000	409 000	960 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	437 000	457 000	478 000	421 000
Total Current Assets	3 970 000	2 391 000	2 794 000	2 705 000
Total Assets	4 406 000	2 848 000	3 272 000	3 126 000
Total Retained Equity	3 995 000	2 667 000	3 055 000	2 651 000
Total Equity	4 025 000	2 697 000	3 085 000	2 676 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	381 000	151 000	188 000	450 000
Total Equity and Debt	4 406 000	2 848 000	3 272 000	3 126 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 737 000	449 000	631 000	1 488 000
Other Income	74 000	296 000	0	0
Revenue	1 811 000	745 000	631 000	1 488 000
Cost of Goods Sold	4 000	395 000	0	0
Salary Costs	17 000	10 000	21 000	37 000
Depreciation	21 000	21 000	21 000	4 000
Impairment	0	0	0	0
Expenditure	136 000	520 000	119 000	266 000
Operating Profit	1 676 000	226 000	513 000	1 221 000
Financial Income	30 000	9 000	13 000	9 000
Financial Costs	0	0	1 000	0
Financial Balance	30 000	9 000	12 000	9 000
Dividends	0	570 000	0	0
Net Income	1 328 000	182 000	409 000	960 000

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	21 000
Fixtures	37 000	57 000	78 000	0
Total Tangible Assets	37 000	57 000	78 000	21 000
Total Fiancial Fixed Assets	400 000	400 000	400 000	400 000
Total Fixed Assets	437 000	457 000	478 000	421 000
Stock	0	0	395 000	395 000
Total Investments	0	0	0	0
Cash, Bank	3 863 000	1 895 000	2 391 000	1 937 000
Total Current Assets	3 970 000	2 391 000	2 794 000	2 705 000
Total Assets	4 406 000	2 848 000	3 272 000	3 126 000
Total Equity	4 025 000	2 697 000	3 085 000	2 676 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	5 000	12 000	10 000
Unpaid Taxes	0	93 000	4 000	72 000
Dividends	0	570 000	0	0
Other Current Debt	2 000	0	56 000	98 000
Total Current Debt	381 000	151 000	188 000	450 000
Total Equity and Debt	4 406 000	2 848 000	3 272 000	3 126 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,99 %	6,75 %	13,26 %	35,87 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	92,55 %	30,34 %	81,3 %	82,06 %
Current Ratio	10,42	15,83	14,86	6,01
Quick Ratio	10,42	15,83	−13,5	49,18
Equity Ratio	0,91	0,95	0,94	0,86
Gross Profit Margin	99,78 %	46,98 %	100 %	100 %