HEROLF HANSEN & SØNN AS

9100 KVALØYSLETTA

Finances

Share Ownership

Return on Equity

20,24 %

Current Ratio

2,26

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	104 971 000	68 501 000	105 817 000	78 091 000
Net Income	10 534 000	1 346 000	16 383 000	3 320 000
Total Assets	84 293 000	73 384 000	79 643 000	65 655 000
Total Equity	52 055 000	45 542 000	46 709 000	35 300 000

Income (NOK)	2022	2021	2020	2019
Revenue	104 971 000	68 501 000	105 817 000	78 091 000
Expenditure	90 510 000	65 923 000	83 926 000	73 010 000
Operating Profit	14 460 000	2 578 000	21 891 000	5 081 000
Financial Income	4 000	1 000	6 000	14 000
Financial Costs	956 000	851 000	862 000	812 000
Financial Balance	−952 000	−850 000	−856 000	−798 000
Earnings Before Tax	13 507 000	1 728 000	21 036 000	4 283 000
Tax	2 973 000	382 000	4 653 000	964 000
Net Income	10 534 000	1 346 000	16 383 000	3 320 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	48 424 000	48 427 000	49 656 000	39 978 000
Total Current Assets	35 869 000	24 957 000	29 986 000	25 677 000
Total Assets	84 293 000	73 384 000	79 643 000	65 655 000
Total Retained Equity	51 955 000	45 442 000	46 609 000	35 200 000
Total Equity	52 055 000	45 542 000	46 709 000	35 300 000
Total Long-Term Debt	16 355 000	17 748 000	19 117 000	16 471 000
Total Current Debt	15 883 000	10 094 000	13 817 000	13 883 000
Total Equity and Debt	84 293 000	73 384 000	79 643 000	65 655 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	102 293 000	65 373 000	104 869 000	77 421 000
Other Income	2 678 000	3 128 000	948 000	669 000
Revenue	104 971 000	68 501 000	105 817 000	78 091 000
Cost of Goods Sold	26 129 000	12 365 000	24 607 000	20 555 000
Salary Costs	28 447 000	22 690 000	26 146 000	22 253 000
Depreciation	4 354 000	4 092 000	4 149 000	3 597 000
Impairment	170 000	0	0	0
Expenditure	90 510 000	65 923 000	83 926 000	73 010 000
Operating Profit	14 460 000	2 578 000	21 891 000	5 081 000
Financial Income	4 000	1 000	6 000	14 000
Financial Costs	956 000	851 000	862 000	812 000
Financial Balance	−952 000	−850 000	−856 000	−798 000
Dividends	4 094 000	2 513 000	0	0
Net Income	10 534 000	1 346 000	16 383 000	3 320 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	32 926 000	33 438 000	33 143 000	24 421 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 384 000	12 493 000	13 849 000	13 941 000
Total Tangible Assets	44 476 000	46 126 000	47 217 000	38 617 000
Total Fiancial Fixed Assets	3 948 000	2 301 000	2 439 000	1 360 000
Total Fixed Assets	48 424 000	48 427 000	49 656 000	39 978 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 238 000	15 902 000	16 349 000	10 687 000
Total Current Assets	35 869 000	24 957 000	29 986 000	25 677 000
Total Assets	84 293 000	73 384 000	79 643 000	65 655 000
Total Equity	52 055 000	45 542 000	46 709 000	35 300 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 355 000	17 748 000	19 117 000	16 471 000
Creditors	6 814 000	3 025 000	3 928 000	6 845 000
Unpaid Taxes	3 435 000	4 613 000	2 775 000	4 095 000
Dividends	4 094 000	2 513 000	0	0
Other Current Debt	2 763 000	2 127 000	2 428 000	1 923 000
Total Current Debt	15 883 000	10 094 000	13 817 000	13 883 000
Total Equity and Debt	84 293 000	73 384 000	79 643 000	65 655 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,24 %	2,96 %	35,07 %	9,41 %
Debt-to-Equity Ratio	0,31	0,39	0,41	0,47
Operating Profit Margin	13,78 %	3,76 %	20,69 %	6,51 %
Current Ratio	2,26	2,47	2,17	1,85
Quick Ratio	2,26	2,47	2,17	1,85
Equity Ratio	0,62	0,62	0,59	0,54
Gross Profit Margin	75,11 %	81,95 %	76,75 %	73,68 %