HERSTORY AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

40,38 %

Current Ratio

0,07

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 931 000	2 581 000	1 844 000	1 060 000
Net Income	−275 000	−104 000	−265 000	−59 000
Total Assets	133 000	349 000	360 000	263 000
Total Equity	−681 000	−406 000	−302 000	−37 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 931 000	2 581 000	1 844 000	1 060 000
Expenditure	4 162 000	2 661 000	2 076 000	1 117 000
Operating Profit	−231 000	−80 000	−233 000	−57 000
Financial Income	0	0	0	0
Financial Costs	43 000	24 000	32 000	2 000
Financial Balance	−43 000	−24 000	−32 000	−2 000
Earnings Before Tax	−275 000	−104 000	−265 000	−59 000
Tax	0	0	0	0
Net Income	−275 000	−104 000	−265 000	−59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	76 000	120 000	109 000	0
Total Current Assets	57 000	229 000	251 000	263 000
Total Assets	133 000	349 000	360 000	263 000
Total Retained Equity	−703 000	−428 000	−324 000	−59 000
Total Equity	−681 000	−406 000	−302 000	−37 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	814 000	756 000	663 000	300 000
Total Equity and Debt	133 000	349 000	360 000	263 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 755 000	2 550 000	1 844 000	1 060 000
Other Income	176 000	32 000	0	0
Revenue	3 931 000	2 581 000	1 844 000	1 060 000
Cost of Goods Sold	11 000	0	0	0
Salary Costs	2 754 000	1 536 000	1 373 000	585 000
Depreciation	44 000	33 000	7 000	0
Impairment	0	0	0	0
Expenditure	4 162 000	2 661 000	2 076 000	1 117 000
Operating Profit	−231 000	−80 000	−233 000	−57 000
Financial Income	0	0	0	0
Financial Costs	43 000	24 000	32 000	2 000
Financial Balance	−43 000	−24 000	−32 000	−2 000
Dividends	0	0	0	0
Net Income	−275 000	−104 000	−265 000	−59 000

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	76 000	120 000	109 000	0
Total Tangible Assets	76 000	120 000	109 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	76 000	120 000	109 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	53 000	59 000	201 000
Total Current Assets	57 000	229 000	251 000	263 000
Total Assets	133 000	349 000	360 000	263 000
Total Equity	−681 000	−406 000	−302 000	−37 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	83 000	123 000	117 000	112 000
Unpaid Taxes	79 000	213 000	212 000	138 000
Dividends	0	0	0	0
Other Current Debt	343 000	175 000	183 000	49 000
Total Current Debt	814 000	756 000	663 000	300 000
Total Equity and Debt	133 000	349 000	360 000	263 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,38 %	25,62 %	87,75 %	159,46 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−5,88 %	−3,1 %	−12,64 %	−5,38 %
Current Ratio	0,07	0,3	0,38	0,88
Quick Ratio	0,07	0,3	0,38	0,88
Equity Ratio	−5,12	−1,16	−0,84	−0,14
Gross Profit Margin	99,72 %	100 %	100 %	100 %