NORWEGIAN HERRING QUEEN AS

4262 AVALDSNES

Finances

Share Ownership

Return on Equity

4,44 %

Current Ratio

3,19

Debt-to-Equity Ratio

2,57

Key figures (NOK)	2022	2021	2020
Revenue	210 000	600 000	600 000
Net Income	65 000	441 000	458 000
Total Assets	6 465 000	3 059 000	3 123 000
Total Equity	1 464 000	1 399 000	958 000

Income (NOK)	2022	2021	2020
Revenue	210 000	600 000	600 000
Expenditure	39 000	35 000	12 000
Operating Profit	171 000	565 000	588 000
Financial Income	0	0	0
Financial Costs	88 000	0	0
Financial Balance	−88 000	0	0
Earnings Before Tax	83 000	565 000	588 000
Tax	18 000	124 000	129 000
Net Income	65 000	441 000	458 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 510 000	2 510 000	2 510 000
Total Current Assets	3 955 000	549 000	613 000
Total Assets	6 465 000	3 059 000	3 123 000
Total Retained Equity	964 000	899 000	458 000
Total Equity	1 464 000	1 399 000	958 000
Total Long-Term Debt	3 762 000	0	0
Total Current Debt	1 239 000	1 659 000	2 164 000
Total Equity and Debt	6 465 000	3 059 000	3 123 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	210 000	600 000	600 000
Revenue	210 000	600 000	600 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	39 000	35 000	12 000
Operating Profit	171 000	565 000	588 000
Financial Income	0	0	0
Financial Costs	88 000	0	0
Financial Balance	−88 000	0	0
Dividends	0	0	0
Net Income	65 000	441 000	458 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	2 510 000	2 510 000	2 510 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	2 510 000	2 510 000	2 510 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	2 510 000	2 510 000	2 510 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	145 000	549 000	613 000
Total Current Assets	3 955 000	549 000	613 000
Total Assets	6 465 000	3 059 000	3 123 000
Total Equity	1 464 000	1 399 000	958 000
Short-Term Group Debt	1 185 000	1 510 000	2 010 000
Total Long-Term Debt	3 762 000	0	0
Creditors	0	0	0
Unpaid Taxes	18 000	25 000	25 000
Dividends	0	0	0
Other Current Debt	18 000	0	0
Total Current Debt	1 239 000	1 659 000	2 164 000
Total Equity and Debt	6 465 000	3 059 000	3 123 000

Financial indicators	2022	2021	2020
Return on Equity	4,44 %	31,52 %	47,81 %
Debt-to-Equity Ratio	2,57	0	0
Operating Profit Margin	81,43 %	94,17 %	98 %
Current Ratio	3,19	0,33	0,28
Quick Ratio	3,19	0,33	0,28
Equity Ratio	0,23	0,46	0,31
Gross Profit Margin	100 %	100 %	100 %