HERREGALLERIET AS

8400 SORTLAND

Finances

Return on Equity

83,98 %

Current Ratio

1,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 515 000	10 463 000	8 693 000	9 670 000
Net Income	2 223 000	1 840 000	1 205 000	900 000
Total Assets	6 670 000	6 174 000	5 378 000	4 945 000
Total Equity	2 647 000	2 524 000	2 484 000	2 779 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 515 000	10 463 000	8 693 000	9 670 000
Expenditure	9 587 000	8 116 000	7 124 000	8 506 000
Operating Profit	2 928 000	2 347 000	1 569 000	1 163 000
Financial Income	0	0	1 000	1 000
Financial Costs	16 000	15 000	15 000	12 000
Financial Balance	−16 000	−15 000	−14 000	−11 000
Earnings Before Tax	2 912 000	2 333 000	1 554 000	1 152 000
Tax	689 000	492 000	349 000	252 000
Net Income	2 223 000	1 840 000	1 205 000	900 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	66 000	54 000	59 000	71 000
Total Current Assets	6 603 000	6 121 000	5 320 000	4 874 000
Total Assets	6 670 000	6 174 000	5 378 000	4 945 000
Total Retained Equity	2 490 000	2 367 000	2 326 000	2 621 000
Total Equity	2 647 000	2 524 000	2 484 000	2 779 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 022 000	3 650 000	2 894 000	2 167 000
Total Equity and Debt	6 670 000	6 174 000	5 378 000	4 945 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 515 000	10 463 000	8 648 000	9 670 000
Other Income	0	0	45 000	0
Revenue	12 515 000	10 463 000	8 693 000	9 670 000
Cost of Goods Sold	5 907 000	4 897 000	4 423 000	5 244 000
Salary Costs	2 167 000	1 867 000	1 534 000	1 965 000
Depreciation	8 000	8 000	12 000	14 000
Impairment	0	0	0	0
Expenditure	9 587 000	8 116 000	7 124 000	8 506 000
Operating Profit	2 928 000	2 347 000	1 569 000	1 163 000
Financial Income	0	0	1 000	1 000
Financial Costs	16 000	15 000	15 000	12 000
Financial Balance	−16 000	−15 000	−14 000	−11 000
Dividends	2 100 000	1 800 000	1 500 000	600 000
Net Income	2 223 000	1 840 000	1 205 000	900 000

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	5 000	13 000	21 000	29 000
Fixtures	0	0	0	4 000
Total Tangible Assets	5 000	13 000	21 000	33 000
Total Fiancial Fixed Assets	61 000	41 000	38 000	38 000
Total Fixed Assets	66 000	54 000	59 000	71 000
Stock	3 115 000	2 657 000	2 374 000	2 858 000
Total Investments	0	0	0	0
Cash, Bank	3 350 000	3 456 000	2 940 000	2 003 000
Total Current Assets	6 603 000	6 121 000	5 320 000	4 874 000
Total Assets	6 670 000	6 174 000	5 378 000	4 945 000
Total Equity	2 647 000	2 524 000	2 484 000	2 779 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	54 000	269 000	65 000	324 000
Unpaid Taxes	785 000	711 000	624 000	639 000
Dividends	2 100 000	1 800 000	1 500 000	600 000
Other Current Debt	394 000	378 000	356 000	352 000
Total Current Debt	4 022 000	3 650 000	2 894 000	2 167 000
Total Equity and Debt	6 670 000	6 174 000	5 378 000	4 945 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,98 %	72,9 %	48,51 %	32,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,4 %	22,43 %	18,05 %	12,03 %
Current Ratio	1,64	1,68	1,84	2,25
Quick Ratio	7,28	6,16	10,23	−7,05
Equity Ratio	0,4	0,41	0,46	0,56
Gross Profit Margin	52,8 %	53,2 %	49,12 %	45,77 %