HEROCK FLOW TECHNOLOGIES AS

3044 DRAMMEN

Finances

Share Ownership

Return on Equity

−18,4 %

Current Ratio

N/A

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	0	0	900 000
Net Income	−78 000	−200 000	379 000
Total Assets	424 000	433 000	802 000
Total Equity	424 000	423 000	423 000

Income (NOK)	2022	2021	2020
Revenue	0	0	900 000
Expenditure	105 000	256 000	416 000
Operating Profit	−105 000	−256 000	484 000
Financial Income	5 000	0	0
Financial Costs	0	0	0
Financial Balance	5 000	0	0
Earnings Before Tax	−100 000	−256 000	484 000
Tax	−22 000	−56 000	105 000
Net Income	−78 000	−200 000	379 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	424 000	433 000	802 000
Total Assets	424 000	433 000	802 000
Total Retained Equity	96 000	174 000	373 000
Total Equity	424 000	423 000	423 000
Total Long-Term Debt	0	0	0
Total Current Debt	0	10 000	379 000
Total Equity and Debt	424 000	433 000	802 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	900 000
Other Income	0	0	0
Revenue	0	0	900 000
Cost of Goods Sold	70 000	135 000	200 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	105 000	256 000	416 000
Operating Profit	−105 000	−256 000	484 000
Financial Income	5 000	0	0
Financial Costs	0	0	0
Financial Balance	5 000	0	0
Dividends	0	0	0
Net Income	−78 000	−200 000	379 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	44 000	173 000	802 000
Total Current Assets	424 000	433 000	802 000
Total Assets	424 000	433 000	802 000
Total Equity	424 000	423 000	423 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	10 000	138 000
Unpaid Taxes	0	0	135 000
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	0	10 000	379 000
Total Equity and Debt	424 000	433 000	802 000

Financial indicators	2022	2021	2020
Return on Equity	−18,4 %	−47,28 %	89,6 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	-	-	53,78 %
Current Ratio	-	43,3	2,12
Quick Ratio	-	43,3	2,12
Equity Ratio	1	0,98	0,53
Gross Profit Margin	-	-	77,78 %