HERMES HOLDING 2 AS

4072 RANDABERG

Finances

Return on Equity

20,52 %

Current Ratio

3,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	295 196 000	214 957 000	157 743 000	156 704 000
Net Income	42 093 000	24 037 000	17 528 000	14 447 000
Total Assets	286 442 000	242 771 000	191 466 000	178 206 000
Total Equity	205 131 000	167 205 000	143 168 000	125 640 000

Income (NOK)	2022	2021	2020	2019
Revenue	295 196 000	214 957 000	157 743 000	156 704 000
Expenditure	241 121 000	185 130 000	136 656 000	140 440 000
Operating Profit	54 075 000	29 826 000	21 087 000	16 264 000
Financial Income	3 771 000	2 633 000	2 600 000	2 639 000
Financial Costs	3 927 000	1 641 000	1 199 000	363 000
Financial Balance	−156 000	992 000	1 401 000	2 276 000
Earnings Before Tax	53 918 000	30 818 000	22 488 000	18 539 000
Tax	11 826 000	6 781 000	4 960 000	4 092 000
Net Income	42 093 000	24 037 000	17 528 000	14 447 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 508 000	43 514 000	46 781 000	51 618 000
Total Current Assets	250 934 000	199 258 000	144 685 000	126 588 000
Total Assets	286 442 000	242 771 000	191 466 000	178 206 000
Total Retained Equity	204 081 000	166 155 000	142 118 000	124 590 000
Total Equity	205 131 000	167 205 000	143 168 000	125 640 000
Total Long-Term Debt	500 000	500 000	500 000	500 000
Total Current Debt	80 811 000	75 066 000	47 798 000	52 066 000
Total Equity and Debt	286 442 000	242 771 000	191 466 000	178 206 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	295 196 000	214 957 000	157 743 000	156 704 000
Other Income	0	0	0	0
Revenue	295 196 000	214 957 000	157 743 000	156 704 000
Cost of Goods Sold	173 926 000	125 409 000	86 609 000	93 165 000
Salary Costs	32 584 000	31 123 000	25 027 000	23 731 000
Depreciation	2 250 000	2 283 000	1 967 000	2 348 000
Impairment	0	0	0	0
Expenditure	241 121 000	185 130 000	136 656 000	140 440 000
Operating Profit	54 075 000	29 826 000	21 087 000	16 264 000
Financial Income	3 771 000	2 633 000	2 600 000	2 639 000
Financial Costs	3 927 000	1 641 000	1 199 000	363 000
Financial Balance	−156 000	992 000	1 401 000	2 276 000
Dividends	0	0	0	0
Net Income	42 093 000	24 037 000	17 528 000	14 447 000

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	7 027 000	8 087 000	5 168 000	4 824 000
Fixtures	0	0	0	0
Total Tangible Assets	9 765 000	10 825 000	8 106 000	6 876 000
Total Fiancial Fixed Assets	25 399 000	32 370 000	38 216 000	44 198 000
Total Fixed Assets	35 508 000	43 514 000	46 781 000	51 618 000
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	93 193 000	51 918 000	65 388 000	40 463 000
Total Current Assets	250 934 000	199 258 000	144 685 000	126 588 000
Total Assets	286 442 000	242 771 000	191 466 000	178 206 000
Total Equity	205 131 000	167 205 000	143 168 000	125 640 000
Short-Term Group Debt	15 638 000	13 079 000	8 563 000	0
Total Long-Term Debt	500 000	500 000	500 000	500 000
Creditors	23 594 000	21 380 000	7 022 000	15 399 000
Unpaid Taxes	6 387 000	13 634 000	6 254 000	4 186 000
Dividends	0	0	0	0
Other Current Debt	23 340 000	20 331 000	21 085 000	15 665 000
Total Current Debt	80 811 000	75 066 000	47 798 000	52 066 000
Total Equity and Debt	286 442 000	242 771 000	191 466 000	178 206 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,52 %	14,38 %	12,24 %	11,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,32 %	13,88 %	13,37 %	10,38 %
Current Ratio	3,11	2,65	3,03	2,43
Quick Ratio	−51,49	9,21	6,98	3,1
Equity Ratio	0,72	0,69	0,75	0,71
Gross Profit Margin	41,08 %	41,66 %	45,09 %	40,55 %