HERSETH PROPERTY AS

2053 JESSHEIM

Finances

Return on Equity

−5,93 %

Current Ratio

8,38

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 665 000	3 681 000	3 009 000	2 977 000
Net Income	−4 915 000	58 668 000	2 001 000	33 290 000
Total Assets	98 073 000	131 710 000	55 215 000	52 610 000
Total Equity	82 890 000	126 611 000	53 441 000	48 879 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 665 000	3 681 000	3 009 000	2 977 000
Expenditure	7 394 000	7 579 000	916 000	5 310 000
Operating Profit	−2 730 000	−3 897 000	2 094 000	−2 334 000
Financial Income	61 000	61 898 000	478 000	36 700 000
Financial Costs	3 420 000	131 000	7 000	654 000
Financial Balance	−3 359 000	61 767 000	471 000	36 046 000
Earnings Before Tax	−6 088 000	57 870 000	2 565 000	33 712 000
Tax	−1 174 000	−798 000	564 000	422 000
Net Income	−4 915 000	58 668 000	2 001 000	33 290 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 588 000	46 269 000	33 610 000	29 898 000
Total Current Assets	44 485 000	85 441 000	21 605 000	22 711 000
Total Assets	98 073 000	131 710 000	55 215 000	52 610 000
Total Retained Equity	79 620 000	124 409 000	52 984 000	48 779 000
Total Equity	82 890 000	126 611 000	53 441 000	48 879 000
Total Long-Term Debt	9 875 000	0	163 000	91 000
Total Current Debt	5 307 000	5 099 000	1 611 000	3 640 000
Total Equity and Debt	98 073 000	131 710 000	55 215 000	52 610 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 665 000	3 681 000	3 009 000	2 977 000
Revenue	4 665 000	3 681 000	3 009 000	2 977 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 474 000	722 000	0	0
Depreciation	731 000	564 000	466 000	480 000
Impairment	3 343 000	1 842 000	0	0
Expenditure	7 394 000	7 579 000	916 000	5 310 000
Operating Profit	−2 730 000	−3 897 000	2 094 000	−2 334 000
Financial Income	61 000	61 898 000	478 000	36 700 000
Financial Costs	3 420 000	131 000	7 000	654 000
Financial Balance	−3 359 000	61 767 000	471 000	36 046 000
Dividends	0	8 000 000	3 200 000	0
Net Income	−4 915 000	58 668 000	2 001 000	33 290 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 808 000	635 000	0	0
Real Eastate	47 590 000	37 917 000	26 288 000	22 938 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 546 000	2 297 000	184 000	45 000
Total Tangible Assets	49 135 000	40 214 000	26 471 000	22 983 000
Total Fiancial Fixed Assets	2 644 000	5 420 000	7 139 000	6 915 000
Total Fixed Assets	53 588 000	46 269 000	33 610 000	29 898 000
Stock	0	0	0	0
Total Investments	35 283 000	54 625 000	0	0
Cash, Bank	5 934 000	27 947 000	12 324 000	13 752 000
Total Current Assets	44 485 000	85 441 000	21 605 000	22 711 000
Total Assets	98 073 000	131 710 000	55 215 000	52 610 000
Total Equity	82 890 000	126 611 000	53 441 000	48 879 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 875 000	0	163 000	91 000
Creditors	4 551 000	81 000	192 000	202 000
Unpaid Taxes	248 000	268 000	108 000	789 000
Dividends	0	8 000 000	3 200 000	0
Other Current Debt	508 000	125 000	882 000	2 649 000
Total Current Debt	5 307 000	5 099 000	1 611 000	3 640 000
Total Equity and Debt	98 073 000	131 710 000	55 215 000	52 610 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,93 %	46,34 %	3,74 %	68,11 %
Debt-to-Equity Ratio	0,12	0	0	0
Operating Profit Margin	−58,52 %	−105,87 %	69,59 %	−78,4 %
Current Ratio	8,38	16,76	13,41	6,24
Quick Ratio	8,38	16,76	13,41	6,24
Equity Ratio	0,85	0,96	0,97	0,93
Gross Profit Margin	100 %	100 %	100 %	100 %