HERD AS

2414 ELVERUM

Finances

Return on Equity

−14,94 %

Current Ratio

10,43

Debt-to-Equity Ratio

2,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	717 000	585 000	480 000	381 000
Net Income	−505 000	51 000	−700 000	−614 000
Total Assets	13 293 000	12 759 000	9 491 000	5 065 000
Total Equity	3 380 000	3 885 000	3 834 000	4 535 000

Income (NOK)	2022	2021	2020	2019
Revenue	717 000	585 000	480 000	381 000
Expenditure	1 185 000	1 160 000	1 300 000	1 232 000
Operating Profit	−468 000	−574 000	−820 000	−851 000
Financial Income	320 000	900 000	189 000	333 000
Financial Costs	357 000	276 000	70 000	118 000
Financial Balance	−37 000	624 000	119 000	215 000
Earnings Before Tax	−505 000	51 000	−700 000	−636 000
Tax	0	0	0	−21 000
Net Income	−505 000	51 000	−700 000	−614 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 903 000	8 158 000	6 286 000	1 100 000
Total Current Assets	3 390 000	4 601 000	3 205 000	3 965 000
Total Assets	13 293 000	12 759 000	9 491 000	5 065 000
Total Retained Equity	3 280 000	3 785 000	3 734 000	0
Total Equity	3 380 000	3 885 000	3 834 000	4 535 000
Total Long-Term Debt	9 588 000	8 631 000	5 407 000	291 000
Total Current Debt	325 000	243 000	250 000	239 000
Total Equity and Debt	13 293 000	12 759 000	9 491 000	5 065 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	717 000	585 000	409 000	381 000
Other Income	0	0	71 000	0
Revenue	717 000	585 000	480 000	381 000
Cost of Goods Sold	86 000	81 000	233 000	0
Salary Costs	749 000	737 000	726 000	771 000
Depreciation	57 000	66 000	68 000	68 000
Impairment	0	0	0	0
Expenditure	1 185 000	1 160 000	1 300 000	1 232 000
Operating Profit	−468 000	−574 000	−820 000	−851 000
Financial Income	320 000	900 000	189 000	333 000
Financial Costs	357 000	276 000	70 000	118 000
Financial Balance	−37 000	624 000	119 000	215 000
Dividends	0	0	0	0
Net Income	−505 000	51 000	−700 000	−614 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	123 000	180 000	236 000	584 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	9 000	20 000
Total Tangible Assets	123 000	180 000	245 000	604 000
Total Fiancial Fixed Assets	9 779 000	7 979 000	6 041 000	496 000
Total Fixed Assets	9 903 000	8 158 000	6 286 000	1 100 000
Stock	2 600 000	2 600 000	2 467 000	2 058 000
Total Investments	0	0	0	0
Cash, Bank	522 000	758 000	360 000	1 270 000
Total Current Assets	3 390 000	4 601 000	3 205 000	3 965 000
Total Assets	13 293 000	12 759 000	9 491 000	5 065 000
Total Equity	3 380 000	3 885 000	3 834 000	4 535 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 588 000	8 631 000	5 407 000	291 000
Creditors	24 000	59 000	34 000	30 000
Unpaid Taxes	236 000	119 000	148 000	96 000
Dividends	0	0	0	0
Other Current Debt	65 000	65 000	68 000	114 000
Total Current Debt	325 000	243 000	250 000	239 000
Total Equity and Debt	13 293 000	12 759 000	9 491 000	5 065 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,94 %	1,31 %	−18,26 %	−13,54 %
Debt-to-Equity Ratio	2,84	2,22	1,41	0,06
Operating Profit Margin	−65,27 %	−98,12 %	−170,83 %	−223,36 %
Current Ratio	10,43	18,93	12,82	16,59
Quick Ratio	−1,49	−1,95	−1,45	−2,18
Equity Ratio	0,25	0,3	0,4	0,9
Gross Profit Margin	88,01 %	86,15 %	51,46 %	100 %