F.HERLAND AS

3275 SVARSTAD

Finances

Share Ownership

Return on Equity

20,03 %

Current Ratio

1,62

Debt-to-Equity Ratio

1,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 939 000	2 229 000	924 000	837 000
Net Income	134 000	405 000	70 000	37 000
Total Assets	2 174 000	1 787 000	301 000	217 000
Total Equity	669 000	535 000	130 000	60 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 939 000	2 229 000	924 000	837 000
Expenditure	2 718 000	1 683 000	835 000	793 000
Operating Profit	221 000	545 000	89 000	44 000
Financial Income	2 000	2 000	1 000	1 000
Financial Costs	51 000	28 000	0	0
Financial Balance	−49 000	−26 000	1 000	1 000
Earnings Before Tax	172 000	519 000	90 000	45 000
Tax	38 000	114 000	20 000	9 000
Net Income	134 000	405 000	70 000	37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 477 000	1 096 000	59 000	0
Total Current Assets	697 000	691 000	242 000	217 000
Total Assets	2 174 000	1 787 000	301 000	217 000
Total Retained Equity	639 000	505 000	100 000	30 000
Total Equity	669 000	535 000	130 000	60 000
Total Long-Term Debt	1 076 000	830 000	3 000	0
Total Current Debt	429 000	423 000	167 000	156 000
Total Equity and Debt	2 174 000	1 787 000	301 000	217 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 927 000	2 041 000	924 000	837 000
Other Income	12 000	189 000	0	0
Revenue	2 939 000	2 229 000	924 000	837 000
Cost of Goods Sold	9 000	7 000	0	0
Salary Costs	966 000	815 000	761 000	744 000
Depreciation	284 000	141 000	3 000	0
Impairment	0	0	0	0
Expenditure	2 718 000	1 683 000	835 000	793 000
Operating Profit	221 000	545 000	89 000	44 000
Financial Income	2 000	2 000	1 000	1 000
Financial Costs	51 000	28 000	0	0
Financial Balance	−49 000	−26 000	1 000	1 000
Dividends	0	0	0	0
Net Income	134 000	405 000	70 000	37 000

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	251 000	243 000	0	0
Fixtures	1 130 000	783 000	59 000	0
Total Tangible Assets	1 381 000	1 026 000	59 000	0
Total Fiancial Fixed Assets	96 000	70 000	0	0
Total Fixed Assets	1 477 000	1 096 000	59 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	484 000	492 000	140 000	137 000
Total Current Assets	697 000	691 000	242 000	217 000
Total Assets	2 174 000	1 787 000	301 000	217 000
Total Equity	669 000	535 000	130 000	60 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 076 000	830 000	3 000	0
Creditors	157 000	185 000	0	0
Unpaid Taxes	130 000	109 000	81 000	80 000
Dividends	0	0	0	0
Other Current Debt	115 000	74 000	70 000	68 000
Total Current Debt	429 000	423 000	167 000	156 000
Total Equity and Debt	2 174 000	1 787 000	301 000	217 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,03 %	75,7 %	53,85 %	61,67 %
Debt-to-Equity Ratio	1,61	1,55	0,02	0
Operating Profit Margin	7,52 %	24,45 %	9,63 %	5,26 %
Current Ratio	1,62	1,63	1,45	1,39
Quick Ratio	1,62	1,63	1,45	1,39
Equity Ratio	0,31	0,3	0,43	0,28
Gross Profit Margin	99,69 %	99,69 %	100 %	100 %