HERMES MEKANISKE VERKSTED AS

4072 RANDABERG

Finances

Share Ownership

Return on Equity

10,5 %

Current Ratio

2,38

Debt-to-Equity Ratio

1,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 880 000	6 880 000	6 680 000	6 760 000
Net Income	2 393 000	1 953 000	1 597 000	1 107 000
Total Assets	55 493 000	60 167 000	63 917 000	68 306 000
Total Equity	22 781 000	20 683 000	18 995 000	17 554 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 880 000	6 880 000	6 680 000	6 760 000
Expenditure	3 073 000	3 322 000	3 411 000	3 946 000
Operating Profit	3 807 000	3 558 000	3 269 000	2 814 000
Financial Income	79 000	46 000	66 000	97 000
Financial Costs	818 000	1 100 000	1 287 000	1 483 000
Financial Balance	−739 000	−1 054 000	−1 221 000	−1 386 000
Earnings Before Tax	3 068 000	2 504 000	2 048 000	1 428 000
Tax	675 000	551 000	451 000	320 000
Net Income	2 393 000	1 953 000	1 597 000	1 107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 915 000	50 217 000	52 178 000	54 636 000
Total Current Assets	7 579 000	9 950 000	11 739 000	13 670 000
Total Assets	55 493 000	60 167 000	63 917 000	68 306 000
Total Retained Equity	5 227 000	3 129 000	1 441 000	0
Total Equity	22 781 000	20 683 000	18 995 000	17 554 000
Total Long-Term Debt	29 531 000	36 542 000	42 415 000	48 481 000
Total Current Debt	3 181 000	2 941 000	2 507 000	2 271 000
Total Equity and Debt	55 493 000	60 167 000	63 917 000	68 306 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 880 000	6 880 000	6 680 000	6 760 000
Other Income	0	0	0	0
Revenue	6 880 000	6 880 000	6 680 000	6 760 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 424 000	2 436 000	2 495 000	3 166 000
Impairment	0	0	0	0
Expenditure	3 073 000	3 322 000	3 411 000	3 946 000
Operating Profit	3 807 000	3 558 000	3 269 000	2 814 000
Financial Income	79 000	46 000	66 000	97 000
Financial Costs	818 000	1 100 000	1 287 000	1 483 000
Financial Balance	−739 000	−1 054 000	−1 221 000	−1 386 000
Dividends	0	0	0	0
Net Income	2 393 000	1 953 000	1 597 000	1 107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	257 000	136 000	37 000	0
Real Eastate	5 205 000	5 205 000	5 205 000	5 205 000
Machinery and Plant Facilities	35 739 000	38 163 000	40 223 000	42 717 000
Fixtures	0	0	0	0
Total Tangible Assets	47 657 000	50 081 000	52 142 000	54 636 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	47 915 000	50 217 000	52 178 000	54 636 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 459 000	9 672 000	11 482 000	13 071 000
Total Current Assets	7 579 000	9 950 000	11 739 000	13 670 000
Total Assets	55 493 000	60 167 000	63 917 000	68 306 000
Total Equity	22 781 000	20 683 000	18 995 000	17 554 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	29 531 000	36 542 000	42 415 000	48 481 000
Creditors	39 000	0	31 000	12 000
Unpaid Taxes	0	186 000	189 000	193 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	3 181 000	2 941 000	2 507 000	2 271 000
Total Equity and Debt	55 493 000	60 167 000	63 917 000	68 306 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,5 %	9,44 %	8,41 %	6,31 %
Debt-to-Equity Ratio	1,3	1,77	2,23	2,76
Operating Profit Margin	55,33 %	51,72 %	48,94 %	41,63 %
Current Ratio	2,38	3,38	4,68	6,02
Quick Ratio	2,38	3,38	4,68	6,02
Equity Ratio	0,41	0,34	0,3	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %