HERON TRENINGSSENTER AS

5563 FØRRESFJORDEN

Finances

Share Ownership

Return on Equity

12,94 %

Current Ratio

0,1

Debt-to-Equity Ratio

−0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 054 000	2 943 000	2 987 000	3 020 000
Net Income	−155 000	−496 000	−395 000	−499 000
Total Assets	391 000	534 000	510 000	638 000
Total Equity	−1 198 000	−1 043 000	−947 000	−552 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 054 000	2 943 000	2 987 000	3 020 000
Expenditure	3 171 000	3 392 000	3 353 000	3 481 000
Operating Profit	−116 000	−448 000	−367 000	−461 000
Financial Income	4 000	0	0	0
Financial Costs	43 000	48 000	28 000	38 000
Financial Balance	−39 000	−48 000	−28 000	−38 000
Earnings Before Tax	−155 000	−496 000	−395 000	−499 000
Tax	0	0	0	0
Net Income	−155 000	−496 000	−395 000	−499 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	301 000	414 000	466 000	552 000
Total Current Assets	90 000	120 000	44 000	86 000
Total Assets	391 000	534 000	510 000	638 000
Total Retained Equity	−1 979 000	−1 824 000	−1 328 000	−932 000
Total Equity	−1 198 000	−1 043 000	−947 000	−552 000
Total Long-Term Debt	670 000	689 000	670 000	670 000
Total Current Debt	919 000	888 000	787 000	520 000
Total Equity and Debt	391 000	534 000	510 000	638 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 019 000	2 810 000	2 797 000	3 020 000
Other Income	35 000	132 000	189 000	0
Revenue	3 054 000	2 943 000	2 987 000	3 020 000
Cost of Goods Sold	298 000	227 000	254 000	373 000
Salary Costs	441 000	574 000	431 000	605 000
Depreciation	53 000	49 000	44 000	27 000
Impairment	0	0	0	0
Expenditure	3 171 000	3 392 000	3 353 000	3 481 000
Operating Profit	−116 000	−448 000	−367 000	−461 000
Financial Income	4 000	0	0	0
Financial Costs	43 000	48 000	28 000	38 000
Financial Balance	−39 000	−48 000	−28 000	−38 000
Dividends	0	0	0	0
Net Income	−155 000	−496 000	−395 000	−499 000

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	242 000	295 000	288 000	314 000
Total Tangible Assets	242 000	295 000	288 000	314 000
Total Fiancial Fixed Assets	60 000	119 000	179 000	238 000
Total Fixed Assets	301 000	414 000	466 000	552 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 000	18 000	18 000	24 000
Total Current Assets	90 000	120 000	44 000	86 000
Total Assets	391 000	534 000	510 000	638 000
Total Equity	−1 198 000	−1 043 000	−947 000	−552 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	670 000	689 000	670 000	670 000
Creditors	242 000	213 000	160 000	221 000
Unpaid Taxes	8 000	26 000	23 000	25 000
Dividends	0	0	0	0
Other Current Debt	491 000	476 000	394 000	225 000
Total Current Debt	919 000	888 000	787 000	520 000
Total Equity and Debt	391 000	534 000	510 000	638 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,94 %	47,56 %	41,71 %	90,4 %
Debt-to-Equity Ratio	−0,56	−0,66	−0,71	−1,21
Operating Profit Margin	−3,8 %	−15,22 %	−12,29 %	−15,26 %
Current Ratio	0,1	0,14	0,06	0,17
Quick Ratio	0,1	0,14	0,06	0,17
Equity Ratio	−3,06	−1,95	−1,86	−0,87
Gross Profit Margin	90,24 %	92,29 %	91,5 %	87,65 %