HERMES MARINE SERVICE AS

4072 RANDABERG

Finances

Return on Equity

19,45 %

Current Ratio

3,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	295 196 000	214 957 000	155 845 000	151 240 000
Net Income	42 244 000	24 406 000	17 826 000	13 514 000
Total Assets	287 169 000	241 568 000	190 148 000	175 582 000
Total Equity	217 191 000	175 302 000	151 151 000	133 498 000

Income (NOK)	2022	2021	2020	2019
Revenue	295 196 000	214 957 000	155 845 000	151 240 000
Expenditure	241 115 000	184 909 000	134 532 000	136 099 000
Operating Profit	54 081 000	30 048 000	21 313 000	15 141 000
Financial Income	3 610 000	2 544 000	2 608 000	2 639 000
Financial Costs	3 521 000	1 297 000	1 065 000	451 000
Financial Balance	89 000	1 247 000	1 543 000	2 188 000
Earnings Before Tax	54 170 000	31 295 000	22 856 000	17 329 000
Tax	11 926 000	6 889 000	5 030 000	3 815 000
Net Income	42 244 000	24 406 000	17 826 000	13 514 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 119 000	43 956 000	46 987 000	51 590 000
Total Current Assets	249 050 000	197 612 000	143 160 000	123 992 000
Total Assets	287 169 000	241 568 000	190 148 000	175 582 000
Total Retained Equity	217 156 000	175 267 000	151 116 000	133 463 000
Total Equity	217 191 000	175 302 000	151 151 000	133 498 000
Total Long-Term Debt	500 000	500 000	500 000	500 000
Total Current Debt	69 478 000	65 766 000	38 496 000	41 584 000
Total Equity and Debt	287 169 000	241 568 000	190 148 000	175 582 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	295 196 000	213 046 000	155 036 000	151 240 000
Other Income	0	1 911 000	809 000	0
Revenue	295 196 000	214 957 000	155 845 000	151 240 000
Cost of Goods Sold	173 926 000	125 409 000	85 476 000	90 933 000
Salary Costs	32 584 000	31 123 000	24 635 000	22 533 000
Depreciation	2 250 000	2 250 000	1 898 000	2 248 000
Impairment	0	0	0	0
Expenditure	241 115 000	184 909 000	134 532 000	136 099 000
Operating Profit	54 081 000	30 048 000	21 313 000	15 141 000
Financial Income	3 610 000	2 544 000	2 608 000	2 639 000
Financial Costs	3 521 000	1 297 000	1 065 000	451 000
Financial Balance	89 000	1 247 000	1 543 000	2 188 000
Dividends	0	0	0	0
Net Income	42 244 000	24 406 000	17 826 000	13 514 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	345 000	319 000	459 000	544 000
Real Eastate	2 738 000	2 738 000	2 938 000	2 052 000
Machinery and Plant Facilities	1 471 000	1 700 000	0	0
Fixtures	5 530 000	6 361 000	5 109 000	4 695 000
Total Tangible Assets	9 739 000	10 799 000	8 047 000	6 747 000
Total Fiancial Fixed Assets	28 036 000	32 839 000	38 481 000	44 299 000
Total Fixed Assets	38 119 000	43 956 000	46 987 000	51 590 000
Stock	85 684 000	53 426 000	27 068 000	11 240 000
Total Investments	38 000	38 000	38 000	38 000
Cash, Bank	91 339 000	50 329 000	63 772 000	38 517 000
Total Current Assets	249 050 000	197 612 000	143 160 000	123 992 000
Total Assets	287 169 000	241 568 000	190 148 000	175 582 000
Total Equity	217 191 000	175 302 000	151 151 000	133 498 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	500 000	500 000	500 000	500 000
Creditors	23 594 000	21 358 000	7 162 000	15 299 000
Unpaid Taxes	6 378 000	13 625 000	6 244 000	4 023 000
Dividends	0	0	0	0
Other Current Debt	23 272 000	20 425 000	16 935 000	15 198 000
Total Current Debt	69 478 000	65 766 000	38 496 000	41 584 000
Total Equity and Debt	287 169 000	241 568 000	190 148 000	175 582 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,45 %	13,92 %	11,79 %	10,12 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,32 %	13,98 %	13,68 %	10,01 %
Current Ratio	3,58	3	3,72	2,98
Quick Ratio	−15,37	16,01	12,53	4,09
Equity Ratio	0,76	0,73	0,79	0,76
Gross Profit Margin	41,08 %	41,66 %	45,15 %	39,88 %