HERØY ASVO AS

8850 HERØY

Finances

Share Ownership

Return on Equity

7,15 %

Current Ratio

9,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 136 000	6 903 000	7 246 000	7 125 000
Net Income	821 000	303 000	851 000	674 000
Total Assets	12 343 000	11 701 000	11 133 000	10 259 000
Total Equity	11 481 000	10 660 000	10 357 000	9 506 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 136 000	6 903 000	7 246 000	7 125 000
Expenditure	6 401 000	5 289 000	6 408 000	6 491 000
Operating Profit	734 000	1 614 000	839 000	634 000
Financial Income	91 000	3 000	12 000	41 000
Financial Costs	4 000	1 000	0	1 000
Financial Balance	87 000	2 000	12 000	40 000
Earnings Before Tax	821 000	303 000	851 000	674 000
Tax	0	0	0	0
Net Income	821 000	303 000	851 000	674 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 582 000	5 207 000	5 871 000	5 165 000
Total Current Assets	7 761 000	6 493 000	5 262 000	5 094 000
Total Assets	12 343 000	11 701 000	11 133 000	10 259 000
Total Retained Equity	10 631 000	9 810 000	9 507 000	8 656 000
Total Equity	11 481 000	10 660 000	10 357 000	9 506 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	861 000	1 041 000	776 000	754 000
Total Equity and Debt	12 343 000	11 701 000	11 133 000	10 259 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 121 000	3 890 000	3 539 000	3 647 000
Other Income	3 015 000	3 013 000	3 707 000	3 477 000
Revenue	7 136 000	6 903 000	7 246 000	7 125 000
Cost of Goods Sold	308 000	384 000	344 000	246 000
Salary Costs	4 280 000	4 182 000	4 145 000	4 257 000
Depreciation	641 000	723 000	671 000	552 000
Impairment	0	0	0	0
Expenditure	6 401 000	5 289 000	6 408 000	6 491 000
Operating Profit	734 000	1 614 000	839 000	634 000
Financial Income	91 000	3 000	12 000	41 000
Financial Costs	4 000	1 000	0	1 000
Financial Balance	87 000	2 000	12 000	40 000
Dividends	0	0	0	0
Net Income	821 000	303 000	851 000	674 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 614 000	3 950 000	4 285 000	4 621 000
Machinery and Plant Facilities	504 000	626 000	736 000	96 000
Fixtures	463 000	631 000	843 000	437 000
Total Tangible Assets	4 582 000	5 206 000	5 863 000	5 154 000
Total Fiancial Fixed Assets	0	1 000	8 000	12 000
Total Fixed Assets	4 582 000	5 207 000	5 871 000	5 165 000
Stock	186 000	253 000	86 000	81 000
Total Investments	0	0	0	0
Cash, Bank	6 343 000	5 264 000	3 500 000	4 001 000
Total Current Assets	7 761 000	6 493 000	5 262 000	5 094 000
Total Assets	12 343 000	11 701 000	11 133 000	10 259 000
Total Equity	11 481 000	10 660 000	10 357 000	9 506 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	96 000	256 000	49 000	96 000
Unpaid Taxes	374 000	380 000	351 000	247 000
Dividends	0	0	0	0
Other Current Debt	391 000	404 000	376 000	410 000
Total Current Debt	861 000	1 041 000	776 000	754 000
Total Equity and Debt	12 343 000	11 701 000	11 133 000	10 259 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,15 %	2,84 %	8,22 %	7,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,29 %	23,38 %	11,58 %	8,9 %
Current Ratio	9,01	6,24	6,78	6,76
Quick Ratio	11,5	8,24	7,63	7,57
Equity Ratio	0,93	0,91	0,93	0,93
Gross Profit Margin	95,68 %	94,44 %	95,25 %	96,55 %