HERNES EIENDOM AS

2410 HERNES

Finances

Return on Equity

21,71 %

Current Ratio

1,26

Debt-to-Equity Ratio

7,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 318 000	893 000	1 116 000	932 000
Net Income	455 000	174 000	295 000	230 000
Total Assets	18 168 000	12 096 000	12 317 000	8 213 000
Total Equity	2 096 000	1 641 000	1 466 000	1 171 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 318 000	893 000	1 116 000	932 000
Expenditure	377 000	439 000	444 000	491 000
Operating Profit	941 000	454 000	673 000	441 000
Financial Income	5 000	1 000	0	0
Financial Costs	394 000	260 000	351 000	218 000
Financial Balance	−389 000	−259 000	−351 000	−218 000
Earnings Before Tax	553 000	196 000	321 000	223 000
Tax	98 000	21 000	27 000	−7 000
Net Income	455 000	174 000	295 000	230 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 912 000	11 809 000	11 830 000	7 956 000
Total Current Assets	1 256 000	287 000	487 000	257 000
Total Assets	18 168 000	12 096 000	12 317 000	8 213 000
Total Retained Equity	1 996 000	1 541 000	1 366 000	1 071 000
Total Equity	2 096 000	1 641 000	1 466 000	1 171 000
Total Long-Term Debt	15 073 000	10 073 000	10 073 000	6 573 000
Total Current Debt	999 000	382 000	778 000	469 000
Total Equity and Debt	18 168 000	12 096 000	12 317 000	8 213 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	213 000	−179 000	138 000	14 000
Other Income	1 106 000	1 072 000	979 000	918 000
Revenue	1 318 000	893 000	1 116 000	932 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	11 000	0	0	0
Impairment	0	0	0	0
Expenditure	377 000	439 000	444 000	491 000
Operating Profit	941 000	454 000	673 000	441 000
Financial Income	5 000	1 000	0	0
Financial Costs	394 000	260 000	351 000	218 000
Financial Balance	−389 000	−259 000	−351 000	−218 000
Dividends	0	0	0	0
Net Income	455 000	174 000	295 000	230 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	109 000	130 000	156 000
Real Eastate	16 547 000	11 700 000	11 700 000	7 800 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	280 000	0	0	0
Total Tangible Assets	16 826 000	11 700 000	11 700 000	7 800 000
Total Fiancial Fixed Assets	75 000	0	0	0
Total Fixed Assets	16 912 000	11 809 000	11 830 000	7 956 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	344 000	287 000	234 000	93 000
Total Current Assets	1 256 000	287 000	487 000	257 000
Total Assets	18 168 000	12 096 000	12 317 000	8 213 000
Total Equity	2 096 000	1 641 000	1 466 000	1 171 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 073 000	10 073 000	10 073 000	6 573 000
Creditors	999 000	349 000	710 000	339 000
Unpaid Taxes	−20 000	33 000	50 000	21 000
Dividends	0	0	0	0
Other Current Debt	20 000	1 000	18 000	109 000
Total Current Debt	999 000	382 000	778 000	469 000
Total Equity and Debt	18 168 000	12 096 000	12 317 000	8 213 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,71 %	10,6 %	20,12 %	19,64 %
Debt-to-Equity Ratio	7,19	6,14	6,87	5,61
Operating Profit Margin	71,4 %	50,84 %	60,3 %	47,32 %
Current Ratio	1,26	0,75	0,63	0,55
Quick Ratio	1,26	0,75	0,63	0,55
Equity Ratio	0,12	0,14	0,12	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %