HERHEIM RØR AS

2847 KOLBU

Finances

Return on Equity

11,41 %

Current Ratio

5,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 664 000	3 623 000	2 898 000	1 502 000
Net Income	167 000	681 000	504 000	381 000
Total Assets	1 703 000	1 653 000	1 418 000	731 000
Total Equity	1 463 000	1 296 000	615 000	411 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 664 000	3 623 000	2 898 000	1 502 000
Expenditure	2 450 000	2 751 000	2 250 000	1 015 000
Operating Profit	214 000	873 000	647 000	487 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	1 000	0	−1 000	0
Earnings Before Tax	214 000	873 000	646 000	487 000
Tax	47 000	192 000	142 000	106 000
Net Income	167 000	681 000	504 000	381 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	289 000	49 000	58 000	27 000
Total Current Assets	1 414 000	1 605 000	1 359 000	704 000
Total Assets	1 703 000	1 653 000	1 418 000	731 000
Total Retained Equity	1 433 000	1 266 000	585 000	381 000
Total Equity	1 463 000	1 296 000	615 000	411 000
Total Long-Term Debt	4 000	8 000	3 000	2 000
Total Current Debt	236 000	350 000	799 000	318 000
Total Equity and Debt	1 703 000	1 653 000	1 418 000	731 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 664 000	3 623 000	2 898 000	1 502 000
Other Income	0	0	0	0
Revenue	2 664 000	3 623 000	2 898 000	1 502 000
Cost of Goods Sold	1 088 000	1 516 000	1 009 000	752 000
Salary Costs	1 026 000	807 000	930 000	0
Depreciation	10 000	10 000	6 000	3 000
Impairment	0	0	0	0
Expenditure	2 450 000	2 751 000	2 250 000	1 015 000
Operating Profit	214 000	873 000	647 000	487 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	1 000	0	−1 000	0
Dividends	0	0	300 000	0
Net Income	167 000	681 000	504 000	381 000

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	10 000	13 000	17 000	0
Fixtures	9 000	15 000	21 000	27 000
Total Tangible Assets	19 000	29 000	38 000	27 000
Total Fiancial Fixed Assets	270 000	20 000	20 000	0
Total Fixed Assets	289 000	49 000	58 000	27 000
Stock	43 000	35 000	35 000	30 000
Total Investments	0	0	0	0
Cash, Bank	1 169 000	1 175 000	983 000	368 000
Total Current Assets	1 414 000	1 605 000	1 359 000	704 000
Total Assets	1 703 000	1 653 000	1 418 000	731 000
Total Equity	1 463 000	1 296 000	615 000	411 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	8 000	3 000	2 000
Creditors	−106 000	−176 000	−34 000	121 000
Unpaid Taxes	181 000	163 000	293 000	94 000
Dividends	0	0	300 000	0
Other Current Debt	110 000	176 000	99 000	0
Total Current Debt	236 000	350 000	799 000	318 000
Total Equity and Debt	1 703 000	1 653 000	1 418 000	731 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,41 %	52,55 %	81,95 %	92,7 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	8,03 %	24,1 %	22,33 %	32,42 %
Current Ratio	5,99	4,59	1,7	2,21
Quick Ratio	7,33	5,1	1,78	2,44
Equity Ratio	0,86	0,78	0,43	0,56
Gross Profit Margin	59,16 %	58,16 %	65,18 %	49,93 %