H HERVÅG AS

0283 OSLO

Finances

Return on Equity

15,64 %

Current Ratio

0,2

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	868 000	811 000	1 320 000	1 409 000
Net Income	1 345 000	1 053 000	1 548 000	671 000
Total Assets	10 092 000	9 721 000	8 208 000	6 663 000
Total Equity	8 599 000	7 254 000	6 201 000	4 654 000

Income (NOK)	2022	2021	2020	2019
Revenue	868 000	811 000	1 320 000	1 409 000
Expenditure	780 000	686 000	682 000	1 452 000
Operating Profit	88 000	125 000	639 000	−42 000
Financial Income	1 636 000	1 225 000	1 051 000	714 000
Financial Costs	0	0	3 000	0
Financial Balance	1 636 000	1 225 000	1 048 000	714 000
Earnings Before Tax	1 724 000	1 350 000	1 687 000	671 000
Tax	379 000	297 000	140 000	0
Net Income	1 345 000	1 053 000	1 548 000	671 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 859 000	8 223 000	6 299 000	5 996 000
Total Current Assets	233 000	1 498 000	1 909 000	668 000
Total Assets	10 092 000	9 721 000	8 208 000	6 663 000
Total Retained Equity	4 900 000	3 555 000	2 502 000	955 000
Total Equity	8 599 000	7 254 000	6 201 000	4 654 000
Total Long-Term Debt	338 000	0	0	0
Total Current Debt	1 155 000	2 467 000	2 007 000	2 010 000
Total Equity and Debt	10 092 000	9 721 000	8 208 000	6 663 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	868 000	811 000	1 320 000	1 409 000
Other Income	0	0	0	0
Revenue	868 000	811 000	1 320 000	1 409 000
Cost of Goods Sold	0	43 000	28 000	4 000
Salary Costs	407 000	399 000	421 000	1 169 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	780 000	686 000	682 000	1 452 000
Operating Profit	88 000	125 000	639 000	−42 000
Financial Income	1 636 000	1 225 000	1 051 000	714 000
Financial Costs	0	0	3 000	0
Financial Balance	1 636 000	1 225 000	1 048 000	714 000
Dividends	0	0	0	0
Net Income	1 345 000	1 053 000	1 548 000	671 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 535 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 535 000	0	0	0
Total Fiancial Fixed Assets	8 324 000	8 223 000	6 299 000	5 996 000
Total Fixed Assets	9 859 000	8 223 000	6 299 000	5 996 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	202 000	1 476 000	1 501 000	416 000
Total Current Assets	233 000	1 498 000	1 909 000	668 000
Total Assets	10 092 000	9 721 000	8 208 000	6 663 000
Total Equity	8 599 000	7 254 000	6 201 000	4 654 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	338 000	0	0	0
Creditors	11 000	6 000	2 000	1 000
Unpaid Taxes	−4 000	370 000	311 000	325 000
Dividends	0	0	0	0
Other Current Debt	1 107 000	1 793 000	1 555 000	1 684 000
Total Current Debt	1 155 000	2 467 000	2 007 000	2 010 000
Total Equity and Debt	10 092 000	9 721 000	8 208 000	6 663 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,64 %	14,52 %	24,96 %	14,42 %
Debt-to-Equity Ratio	0,04	0	0	0
Operating Profit Margin	10,14 %	15,41 %	48,41 %	−2,98 %
Current Ratio	0,2	0,61	0,95	0,33
Quick Ratio	0,2	0,61	0,95	0,33
Equity Ratio	0,85	0,75	0,76	0,7
Gross Profit Margin	100 %	94,7 %	97,88 %	99,72 %