HERNESRINGEN 10 AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

2,91 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	150 000	218 000	408 000
Net Income	32 000	88 000	253 000
Total Assets	1 279 000	1 262 000	1 235 000
Total Equity	1 100 000	1 108 000	1 104 000

Income (NOK)	2022	2021	2020
Revenue	150 000	218 000	408 000
Expenditure	110 000	130 000	84 000
Operating Profit	41 000	89 000	323 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	41 000	89 000	324 000
Tax	9 000	1 000	71 000
Net Income	32 000	88 000	253 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 086 000	1 127 000	1 128 000
Total Current Assets	193 000	135 000	106 000
Total Assets	1 279 000	1 262 000	1 235 000
Total Retained Equity	0	1 108 000	−4 000
Total Equity	1 100 000	1 108 000	1 104 000
Total Long-Term Debt	0	0	0
Total Current Debt	180 000	154 000	131 000
Total Equity and Debt	1 279 000	1 262 000	1 235 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	150 000	218 000	408 000
Revenue	150 000	218 000	408 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	44 000	44 000	38 000
Impairment	0	0	0
Expenditure	110 000	130 000	84 000
Operating Profit	41 000	89 000	323 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	32 000	88 000	253 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	8 000	5 000	1 000
Real Eastate	1 079 000	1 122 000	1 127 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	1 079 000	1 122 000	1 127 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 086 000	1 127 000	1 128 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	90 000	130 000	103 000
Total Current Assets	193 000	135 000	106 000
Total Assets	1 279 000	1 262 000	1 235 000
Total Equity	1 100 000	1 108 000	1 104 000
Short-Term Group Debt	52 000	0	0
Total Long-Term Debt	0	0	0
Creditors	13 000	3 000	31 000
Unpaid Taxes	3 000	7 000	−20 000
Dividends	0	0	0
Other Current Debt	112 000	162 000	119 000
Total Current Debt	180 000	154 000	131 000
Total Equity and Debt	1 279 000	1 262 000	1 235 000

Financial indicators	2022	2021	2020
Return on Equity	2,91 %	7,94 %	22,92 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	27,33 %	40,83 %	79,17 %
Current Ratio	1,07	0,88	0,81
Quick Ratio	1,07	0,88	0,81
Equity Ratio	0,86	0,88	0,89
Gross Profit Margin	100 %	100 %	100 %