HERTS AS

5450 SUNDE I SUNNHORDLAND

Finances

Share Ownership

Return on Equity

5,11 %

Current Ratio

1,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	311 000	706 000	885 000	462 000
Net Income	12 000	190 000	291 000	152 000
Total Assets	482 000	848 000	784 000	349 000
Total Equity	235 000	223 000	514 000	223 000

Income (NOK)	2022	2021	2020	2019
Revenue	311 000	706 000	885 000	462 000
Expenditure	296 000	461 000	511 000	266 000
Operating Profit	15 000	243 000	373 000	195 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	15 000	243 000	373 000	195 000
Tax	3 000	54 000	82 000	43 000
Net Income	12 000	190 000	291 000	152 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	482 000	848 000	784 000	349 000
Total Assets	482 000	848 000	784 000	349 000
Total Retained Equity	205 000	193 000	484 000	193 000
Total Equity	235 000	223 000	514 000	223 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	247 000	625 000	271 000	126 000
Total Equity and Debt	482 000	848 000	784 000	349 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	311 000	706 000	885 000	461 000
Other Income	0	0	0	0
Revenue	311 000	706 000	885 000	462 000
Cost of Goods Sold	183 000	322 000	394 000	156 000
Salary Costs	1 000	0	0	1 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	296 000	461 000	511 000	266 000
Operating Profit	15 000	243 000	373 000	195 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	480 000	0	0
Net Income	12 000	190 000	291 000	152 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	205 000	91 000	56 000	43 000
Total Investments	0	0	0	0
Cash, Bank	247 000	715 000	724 000	244 000
Total Current Assets	482 000	848 000	784 000	349 000
Total Assets	482 000	848 000	784 000	349 000
Total Equity	235 000	223 000	514 000	223 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	181 000	16 000	142 000	40 000
Unpaid Taxes	3 000	9 000	27 000	29 000
Dividends	0	480 000	0	0
Other Current Debt	60 000	546 000	20 000	14 000
Total Current Debt	247 000	625 000	271 000	126 000
Total Equity and Debt	482 000	848 000	784 000	349 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,11 %	85,2 %	56,61 %	68,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,82 %	34,42 %	42,15 %	42,21 %
Current Ratio	1,95	1,36	2,89	2,77
Quick Ratio	11,48	1,59	3,65	4,2
Equity Ratio	0,49	0,26	0,66	0,64
Gross Profit Margin	41,16 %	54,39 %	55,48 %	66,23 %