HERMANN NIELSEN AS

7053 RANHEIM

Finances

Share Ownership

Return on Equity

9,18 %

Current Ratio

3,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	872 000	1 194 000	1 305 000	710 000
Net Income	72 000	318 000	230 000	134 000
Total Assets	1 007 000	997 000	909 000	1 233 000
Total Equity	784 000	712 000	395 000	164 000

Income (NOK)	2022	2021	2020	2019
Revenue	872 000	1 194 000	1 305 000	710 000
Expenditure	776 000	786 000	1 007 000	531 000
Operating Profit	97 000	408 000	298 000	179 000
Financial Income	0	0	2 000	0
Financial Costs	0	1 000	5 000	7 000
Financial Balance	0	−1 000	−3 000	−7 000
Earnings Before Tax	97 000	407 000	295 000	172 000
Tax	25 000	90 000	65 000	38 000
Net Income	72 000	318 000	230 000	134 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	129 000	207 000	343 000	437 000
Total Current Assets	878 000	790 000	566 000	796 000
Total Assets	1 007 000	997 000	909 000	1 233 000
Total Retained Equity	754 000	682 000	365 000	134 000
Total Equity	784 000	712 000	395 000	164 000
Total Long-Term Debt	0	4 000	52 000	197 000
Total Current Debt	223 000	281 000	462 000	872 000
Total Equity and Debt	1 007 000	997 000	909 000	1 233 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	872 000	1 194 000	1 305 000	710 000
Other Income	0	0	0	0
Revenue	872 000	1 194 000	1 305 000	710 000
Cost of Goods Sold	0	0	0	0
Salary Costs	303 000	256 000	436 000	280 000
Depreciation	78 000	88 000	94 000	31 000
Impairment	0	0	0	0
Expenditure	776 000	786 000	1 007 000	531 000
Operating Profit	97 000	408 000	298 000	179 000
Financial Income	0	0	2 000	0
Financial Costs	0	1 000	5 000	7 000
Financial Balance	0	−1 000	−3 000	−7 000
Dividends	0	0	0	0
Net Income	72 000	318 000	230 000	134 000

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	129 000	207 000	343 000	437 000
Total Tangible Assets	129 000	207 000	343 000	437 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	129 000	207 000	343 000	437 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	778 000	718 000	473 000	602 000
Total Current Assets	878 000	790 000	566 000	796 000
Total Assets	1 007 000	997 000	909 000	1 233 000
Total Equity	784 000	712 000	395 000	164 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	4 000	52 000	197 000
Creditors	8 000	7 000	1 000	21 000
Unpaid Taxes	144 000	24 000	40 000	85 000
Dividends	0	0	0	0
Other Current Debt	43 000	149 000	354 000	746 000
Total Current Debt	223 000	281 000	462 000	872 000
Total Equity and Debt	1 007 000	997 000	909 000	1 233 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,18 %	44,66 %	58,23 %	81,71 %
Debt-to-Equity Ratio	0	0,01	0,13	1,2
Operating Profit Margin	11,12 %	34,17 %	22,84 %	25,21 %
Current Ratio	3,94	2,81	1,23	0,91
Quick Ratio	3,94	2,81	1,23	0,91
Equity Ratio	0,78	0,71	0,43	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %