HEREID & SON AS

5783 EIDFJORD

Finances

Share Ownership

Return on Equity

35,63 %

Current Ratio

0,57

Debt-to-Equity Ratio

−0,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	76 000	26 000	123 000	451 000
Net Income	−124 000	−222 000	−188 000	81 000
Total Assets	226 000	331 000	575 000	700 000
Total Equity	−348 000	−224 000	−2 000	188 000

Income (NOK)	2022	2021	2020	2019
Revenue	76 000	26 000	123 000	451 000
Expenditure	222 000	222 000	320 000	322 000
Operating Profit	−146 000	−196 000	−197 000	128 000
Financial Income	0	2 000	2 000	1 000
Financial Costs	0	6 000	17 000	25 000
Financial Balance	0	−4 000	−15 000	−24 000
Earnings Before Tax	−146 000	−200 000	−213 000	104 000
Tax	−22 000	22 000	−25 000	23 000
Net Income	−124 000	−222 000	−188 000	81 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	76 000	305 000	471 000	610 000
Total Current Assets	150 000	26 000	104 000	90 000
Total Assets	226 000	331 000	575 000	700 000
Total Retained Equity	−448 000	−324 000	−102 000	88 000
Total Equity	−348 000	−224 000	−2 000	188 000
Total Long-Term Debt	309 000	332 000	342 000	25 000
Total Current Debt	264 000	223 000	236 000	487 000
Total Equity and Debt	226 000	331 000	575 000	700 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	41 000	26 000	123 000	451 000
Other Income	34 000	0	0	0
Revenue	76 000	26 000	123 000	451 000
Cost of Goods Sold	0	0	4 000	0
Salary Costs	0	0	9 000	2 000
Depreciation	163 000	166 000	141 000	61 000
Impairment	0	0	0	0
Expenditure	222 000	222 000	320 000	322 000
Operating Profit	−146 000	−196 000	−197 000	128 000
Financial Income	0	2 000	2 000	1 000
Financial Costs	0	6 000	17 000	25 000
Financial Balance	0	−4 000	−15 000	−24 000
Dividends	0	0	0	0
Net Income	−124 000	−222 000	−188 000	81 000

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	76 000	0	0	445 000
Fixtures	0	305 000	471 000	165 000
Total Tangible Assets	76 000	305 000	471 000	610 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	76 000	305 000	471 000	610 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	150 000	25 000	70 000	64 000
Total Current Assets	150 000	26 000	104 000	90 000
Total Assets	226 000	331 000	575 000	700 000
Total Equity	−348 000	−224 000	−2 000	188 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	309 000	332 000	342 000	25 000
Creditors	0	0	2 000	22 000
Unpaid Taxes	24 000	0	13 000	4 000
Dividends	0	0	0	0
Other Current Debt	240 000	223 000	221 000	460 000
Total Current Debt	264 000	223 000	236 000	487 000
Total Equity and Debt	226 000	331 000	575 000	700 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,63 %	99,11 %	9 400 %	43,09 %
Debt-to-Equity Ratio	−0,89	−1,48	−171	0,13
Operating Profit Margin	−192,11 %	−753,85 %	−160,16 %	28,38 %
Current Ratio	0,57	0,12	0,44	0,18
Quick Ratio	0,57	0,12	0,44	0,18
Equity Ratio	−1,54	−0,68	−0	0,27
Gross Profit Margin	100 %	100 %	96,75 %	100 %