HERAND LANDHANDLERI AS

5264 GARNES

Finances

Share Ownership

Return on Equity

50,93 %

Current Ratio

0,29

Debt-to-Equity Ratio

−0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 376 000	7 002 000	7 183 000	6 558 000
Net Income	−660 000	−146 000	−177 000	−254 000
Total Assets	1 738 000	2 049 000	2 362 000	1 784 000
Total Equity	−1 296 000	−637 000	−491 000	−314 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 376 000	7 002 000	7 183 000	6 558 000
Expenditure	5 960 000	7 093 000	7 295 000	6 767 000
Operating Profit	−584 000	−90 000	−112 000	−209 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	77 000	56 000	65 000	45 000
Financial Balance	−76 000	−55 000	−64 000	−45 000
Earnings Before Tax	−660 000	−146 000	−177 000	−254 000
Tax	0	0	0	0
Net Income	−660 000	−146 000	−177 000	−254 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 016 000	1 233 000	1 444 000	870 000
Total Current Assets	722 000	816 000	918 000	914 000
Total Assets	1 738 000	2 049 000	2 362 000	1 784 000
Total Retained Equity	−2 036 000	−1 377 000	−1 231 000	−1 054 000
Total Equity	−1 296 000	−637 000	−491 000	−314 000
Total Long-Term Debt	563 000	769 000	964 000	0
Total Current Debt	2 471 000	1 917 000	1 889 000	2 098 000
Total Equity and Debt	1 738 000	2 049 000	2 362 000	1 784 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 294 000	6 918 000	7 132 000	6 541 000
Other Income	82 000	84 000	51 000	17 000
Revenue	5 376 000	7 002 000	7 183 000	6 558 000
Cost of Goods Sold	4 194 000	5 338 000	5 254 000	4 893 000
Salary Costs	673 000	861 000	1 134 000	1 170 000
Depreciation	218 000	211 000	175 000	117 000
Impairment	0	0	0	0
Expenditure	5 960 000	7 093 000	7 295 000	6 767 000
Operating Profit	−584 000	−90 000	−112 000	−209 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	77 000	56 000	65 000	45 000
Financial Balance	−76 000	−55 000	−64 000	−45 000
Dividends	0	0	0	0
Net Income	−660 000	−146 000	−177 000	−254 000

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	0
Fixtures	1 016 000	1 233 000	1 444 000	870 000
Total Tangible Assets	1 016 000	1 233 000	1 444 000	870 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 016 000	1 233 000	1 444 000	870 000
Stock	134 000	463 000	515 000	537 000
Total Investments	0	0	0	0
Cash, Bank	48 000	26 000	42 000	45 000
Total Current Assets	722 000	816 000	918 000	914 000
Total Assets	1 738 000	2 049 000	2 362 000	1 784 000
Total Equity	−1 296 000	−637 000	−491 000	−314 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	563 000	769 000	964 000	0
Creditors	862 000	811 000	477 000	437 000
Unpaid Taxes	141 000	42 000	93 000	121 000
Dividends	0	0	0	0
Other Current Debt	664 000	615 000	926 000	1 063 000
Total Current Debt	2 471 000	1 917 000	1 889 000	2 098 000
Total Equity and Debt	1 738 000	2 049 000	2 362 000	1 784 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,93 %	22,92 %	36,05 %	80,89 %
Debt-to-Equity Ratio	−0,43	−1,21	−1,96	−0
Operating Profit Margin	−10,86 %	−1,29 %	−1,56 %	−3,19 %
Current Ratio	0,29	0,43	0,49	0,44
Quick Ratio	0,31	0,56	0,67	0,59
Equity Ratio	−0,75	−0,31	−0,21	−0,18
Gross Profit Margin	21,99 %	23,76 %	26,86 %	25,39 %