HERØY MALARSERVICE AS

6090 FOSNAVÅG

Finances

Share Ownership

Return on Equity

−2,66 %

Current Ratio

7,68

Debt-to-Equity Ratio

1,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 516 000	3 837 000	4 360 000	3 979 000
Net Income	−44 000	369 000	354 000	−167 000
Total Assets	3 816 000	4 107 000	4 995 000	4 938 000
Total Equity	1 653 000	1 697 000	2 327 000	1 974 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 516 000	3 837 000	4 360 000	3 979 000
Expenditure	3 481 000	3 530 000	3 923 000	4 043 000
Operating Profit	34 000	307 000	437 000	−64 000
Financial Income	0	186 000	87 000	11 000
Financial Costs	90 000	72 000	95 000	162 000
Financial Balance	−90 000	114 000	−8 000	−151 000
Earnings Before Tax	−56 000	421 000	429 000	−216 000
Tax	−12 000	52 000	75 000	−49 000
Net Income	−44 000	369 000	354 000	−167 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 719 000	1 846 000	2 101 000	2 182 000
Total Current Assets	2 097 000	2 261 000	2 894 000	2 756 000
Total Assets	3 816 000	4 107 000	4 995 000	4 938 000
Total Retained Equity	326 000	369 000	211 000	−142 000
Total Equity	1 653 000	1 697 000	2 327 000	1 974 000
Total Long-Term Debt	1 890 000	2 160 000	2 430 000	2 699 000
Total Current Debt	273 000	251 000	238 000	265 000
Total Equity and Debt	3 816 000	4 107 000	4 995 000	4 938 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 085 000	3 412 000	3 939 000	3 537 000
Other Income	431 000	425 000	421 000	442 000
Revenue	3 516 000	3 837 000	4 360 000	3 979 000
Cost of Goods Sold	1 553 000	1 790 000	2 124 000	2 019 000
Salary Costs	946 000	857 000	878 000	993 000
Depreciation	139 000	150 000	142 000	149 000
Impairment	0	0	0	0
Expenditure	3 481 000	3 530 000	3 923 000	4 043 000
Operating Profit	34 000	307 000	437 000	−64 000
Financial Income	0	186 000	87 000	11 000
Financial Costs	90 000	72 000	95 000	162 000
Financial Balance	−90 000	114 000	−8 000	−151 000
Dividends	0	1 000 000	0	0
Net Income	−44 000	369 000	354 000	−167 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	376 000	364 000	415 000	490 000
Real Eastate	1 224 000	1 333 000	1 442 000	1 551 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	119 000	150 000	190 000	87 000
Total Tangible Assets	1 343 000	1 482 000	1 632 000	1 638 000
Total Fiancial Fixed Assets	0	0	54 000	54 000
Total Fixed Assets	1 719 000	1 846 000	2 101 000	2 182 000
Stock	1 702 000	1 585 000	1 596 000	1 600 000
Total Investments	0	0	0	0
Cash, Bank	333 000	631 000	1 242 000	1 022 000
Total Current Assets	2 097 000	2 261 000	2 894 000	2 756 000
Total Assets	3 816 000	4 107 000	4 995 000	4 938 000
Total Equity	1 653 000	1 697 000	2 327 000	1 974 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 890 000	2 160 000	2 430 000	2 699 000
Creditors	74 000	55 000	33 000	49 000
Unpaid Taxes	106 000	112 000	117 000	120 000
Dividends	0	1 000 000	0	0
Other Current Debt	92 000	84 000	88 000	96 000
Total Current Debt	273 000	251 000	238 000	265 000
Total Equity and Debt	3 816 000	4 107 000	4 995 000	4 938 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,66 %	21,74 %	15,21 %	−8,46 %
Debt-to-Equity Ratio	1,14	1,27	1,04	1,37
Operating Profit Margin	0,97 %	8 %	10,02 %	−1,61 %
Current Ratio	7,68	9,01	12,16	10,4
Quick Ratio	−1,47	−1,69	−2,13	−2,06
Equity Ratio	0,43	0,41	0,47	0,4
Gross Profit Margin	55,83 %	53,35 %	51,28 %	49,26 %