HERAX HOLDING AS

0264 OSLO

Finances

Return on Equity

−22,43 %

Current Ratio

7,53

Debt-to-Equity Ratio

9,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	5 846 000	18 000	0
Net Income	−1 277 000	3 127 000	−447 000	−307 000
Total Assets	60 535 000	59 103 000	55 300 000	55 283 000
Total Equity	5 693 000	11 920 000	28 792 000	42 240 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	5 846 000	18 000	0
Expenditure	83 000	1 987 000	57 000	119 000
Operating Profit	−83 000	3 860 000	−39 000	−119 000
Financial Income	47 000	0	0	95 000
Financial Costs	1 242 000	733 000	408 000	283 000
Financial Balance	−1 195 000	−733 000	−408 000	−188 000
Earnings Before Tax	−1 277 000	3 127 000	−447 000	−307 000
Tax	0	0	0	0
Net Income	−1 277 000	3 127 000	−447 000	−307 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	60 423 000	59 034 000	55 161 000	55 161 000
Total Current Assets	113 000	69 000	139 000	122 000
Total Assets	60 535 000	59 103 000	55 300 000	55 283 000
Total Retained Equity	2 148 000	3 425 000	20 298 000	33 745 000
Total Equity	5 693 000	11 920 000	28 792 000	42 240 000
Total Long-Term Debt	54 827 000	34 674 000	21 508 000	8 033 000
Total Current Debt	15 000	12 509 000	5 000 000	5 011 000
Total Equity and Debt	60 535 000	59 103 000	55 300 000	55 283 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	5 846 000	18 000	0
Revenue	0	5 846 000	18 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	46 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	83 000	1 987 000	57 000	119 000
Operating Profit	−83 000	3 860 000	−39 000	−119 000
Financial Income	47 000	0	0	95 000
Financial Costs	1 242 000	733 000	408 000	283 000
Financial Balance	−1 195 000	−733 000	−408 000	−188 000
Dividends	0	0	5 000 000	5 000 000
Net Income	−1 277 000	3 127 000	−447 000	−307 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	61 000	61 000	61 000	61 000
Total Tangible Assets	61 000	61 000	61 000	61 000
Total Fiancial Fixed Assets	60 362 000	58 973 000	55 101 000	55 101 000
Total Fixed Assets	60 423 000	59 034 000	55 161 000	55 161 000
Stock	0	0	0	0
Total Investments	0	0	29 000	12 000
Cash, Bank	113 000	69 000	110 000	110 000
Total Current Assets	113 000	69 000	139 000	122 000
Total Assets	60 535 000	59 103 000	55 300 000	55 283 000
Total Equity	5 693 000	11 920 000	28 792 000	42 240 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	54 827 000	34 674 000	21 508 000	8 033 000
Creditors	15 000	4 000	0	11 000
Unpaid Taxes	0	6 000	0	0
Dividends	0	0	5 000 000	5 000 000
Other Current Debt	0	0	0	0
Total Current Debt	15 000	12 509 000	5 000 000	5 011 000
Total Equity and Debt	60 535 000	59 103 000	55 300 000	55 283 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,43 %	26,23 %	−1,55 %	−0,73 %
Debt-to-Equity Ratio	9,63	2,91	0,75	0,19
Operating Profit Margin	-	66,03 %	−216,67 %	-
Current Ratio	7,53	0,01	0,03	0,02
Quick Ratio	7,53	0,01	0,03	0,02
Equity Ratio	0,09	0,2	0,52	0,76
Gross Profit Margin	-	100 %	100 %	-