HERØY VASSLAG SA

6092 FOSNAVÅG

Finances

Share Ownership

Return on Equity

6,49 %

Current Ratio

0,26

Debt-to-Equity Ratio

0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 331 000	15 466 000	15 143 000	13 919 000
Net Income	2 942 000	2 097 000	1 959 000	2 295 000
Total Assets	79 814 000	78 878 000	72 546 000	70 405 000
Total Equity	45 347 000	41 827 000	39 382 000	35 642 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 331 000	15 466 000	15 143 000	13 919 000
Expenditure	12 295 000	12 808 000	12 756 000	11 103 000
Operating Profit	4 035 000	2 657 000	2 387 000	2 816 000
Financial Income	11 000	12 000	64 000	150 000
Financial Costs	1 104 000	572 000	492 000	671 000
Financial Balance	−1 093 000	−560 000	−428 000	−521 000
Earnings Before Tax	2 942 000	2 097 000	1 959 000	2 295 000
Tax	0	0	0	0
Net Income	2 942 000	2 097 000	1 959 000	2 295 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	78 327 000	76 823 000	69 828 000	58 186 000
Total Current Assets	1 487 000	2 055 000	2 718 000	12 219 000
Total Assets	79 814 000	78 878 000	72 546 000	70 405 000
Total Retained Equity	27 886 000	24 943 000	22 846 000	20 830 000
Total Equity	45 347 000	41 827 000	39 382 000	35 642 000
Total Long-Term Debt	28 730 000	29 791 000	30 831 000	31 892 000
Total Current Debt	5 737 000	7 261 000	2 333 000	2 871 000
Total Equity and Debt	79 814 000	78 878 000	72 546 000	70 405 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 920 000	15 101 000	14 753 000	13 542 000
Other Income	411 000	365 000	390 000	377 000
Revenue	16 331 000	15 466 000	15 143 000	13 919 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 761 000	3 906 000	3 497 000	3 193 000
Depreciation	3 397 000	3 146 000	2 990 000	3 315 000
Impairment	0	0	0	0
Expenditure	12 295 000	12 808 000	12 756 000	11 103 000
Operating Profit	4 035 000	2 657 000	2 387 000	2 816 000
Financial Income	11 000	12 000	64 000	150 000
Financial Costs	1 104 000	572 000	492 000	671 000
Financial Balance	−1 093 000	−560 000	−428 000	−521 000
Dividends	0	0	0	0
Net Income	2 942 000	2 097 000	1 959 000	2 295 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 277 000	6 249 000	4 757 000	1 595 000
Machinery and Plant Facilities	70 428 000	69 593 000	64 623 000	55 985 000
Fixtures	1 490 000	828 000	295 000	431 000
Total Tangible Assets	78 196 000	76 670 000	69 675 000	58 011 000
Total Fiancial Fixed Assets	131 000	153 000	153 000	175 000
Total Fixed Assets	78 327 000	76 823 000	69 828 000	58 186 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	197 000	204 000	322 000	10 126 000
Total Current Assets	1 487 000	2 055 000	2 718 000	12 219 000
Total Assets	79 814 000	78 878 000	72 546 000	70 405 000
Total Equity	45 347 000	41 827 000	39 382 000	35 642 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	28 730 000	29 791 000	30 831 000	31 892 000
Creditors	2 536 000	2 363 000	1 751 000	1 817 000
Unpaid Taxes	641 000	265 000	242 000	240 000
Dividends	0	0	0	0
Other Current Debt	401 000	342 000	340 000	814 000
Total Current Debt	5 737 000	7 261 000	2 333 000	2 871 000
Total Equity and Debt	79 814 000	78 878 000	72 546 000	70 405 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,49 %	5,01 %	4,97 %	6,44 %
Debt-to-Equity Ratio	0,63	0,71	0,78	0,89
Operating Profit Margin	24,71 %	17,18 %	15,76 %	20,23 %
Current Ratio	0,26	0,28	1,17	4,26
Quick Ratio	0,26	0,28	1,17	4,26
Equity Ratio	0,57	0,53	0,54	0,51
Gross Profit Margin	100 %	100 %	100 %	100 %