HEROL MILJØ AS

3294 STAVERN

Finances

Share Ownership

Return on Equity

33,41 %

Current Ratio

1,75

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 715 000	2 407 000	1 727 000	1 283 000
Net Income	425 000	676 000	209 000	205 000
Total Assets	3 058 000	2 917 000	2 515 000	2 234 000
Total Equity	1 272 000	847 000	671 000	462 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 715 000	2 407 000	1 727 000	1 283 000
Expenditure	2 160 000	1 536 000	1 446 000	999 000
Operating Profit	556 000	871 000	281 000	283 000
Financial Income	0	0	0	0
Financial Costs	11 000	5 000	14 000	21 000
Financial Balance	−11 000	−5 000	−14 000	−21 000
Earnings Before Tax	545 000	866 000	268 000	262 000
Tax	120 000	191 000	59 000	58 000
Net Income	425 000	676 000	209 000	205 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	935 000	1 190 000	1 346 000	1 547 000
Total Current Assets	2 123 000	1 727 000	1 169 000	687 000
Total Assets	3 058 000	2 917 000	2 515 000	2 234 000
Total Retained Equity	1 112 000	687 000	511 000	302 000
Total Equity	1 272 000	847 000	671 000	462 000
Total Long-Term Debt	572 000	909 000	112 000	85 000
Total Current Debt	1 214 000	1 161 000	1 731 000	1 686 000
Total Equity and Debt	3 058 000	2 917 000	2 515 000	2 234 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 715 000	2 407 000	1 727 000	1 283 000
Other Income	0	0	0	0
Revenue	2 715 000	2 407 000	1 727 000	1 283 000
Cost of Goods Sold	89 000	70 000	61 000	31 000
Salary Costs	829 000	754 000	487 000	458 000
Depreciation	272 000	260 000	245 000	241 000
Impairment	0	0	0	0
Expenditure	2 160 000	1 536 000	1 446 000	999 000
Operating Profit	556 000	871 000	281 000	283 000
Financial Income	0	0	0	0
Financial Costs	11 000	5 000	14 000	21 000
Financial Balance	−11 000	−5 000	−14 000	−21 000
Dividends	0	500 000	0	0
Net Income	425 000	676 000	209 000	205 000

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	935 000	1 190 000	1 346 000	1 547 000
Total Tangible Assets	935 000	1 190 000	1 346 000	1 547 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	935 000	1 190 000	1 346 000	1 547 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 704 000	1 113 000	852 000	287 000
Total Current Assets	2 123 000	1 727 000	1 169 000	687 000
Total Assets	3 058 000	2 917 000	2 515 000	2 234 000
Total Equity	1 272 000	847 000	671 000	462 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	572 000	909 000	112 000	85 000
Creditors	70 000	174 000	37 000	18 000
Unpaid Taxes	165 000	196 000	169 000	188 000
Dividends	0	500 000	0	0
Other Current Debt	826 000	602 000	1 493 000	1 480 000
Total Current Debt	1 214 000	1 161 000	1 731 000	1 686 000
Total Equity and Debt	3 058 000	2 917 000	2 515 000	2 234 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,41 %	79,81 %	31,15 %	44,37 %
Debt-to-Equity Ratio	0,45	1,07	0,17	0,18
Operating Profit Margin	20,48 %	36,19 %	16,27 %	22,06 %
Current Ratio	1,75	1,49	0,68	0,41
Quick Ratio	1,75	1,49	0,68	0,41
Equity Ratio	0,42	0,29	0,27	0,21
Gross Profit Margin	96,72 %	97,09 %	96,47 %	97,58 %