HERMES ACADEMIC PUBLISHING & BOOKSHOP AS

0363 OSLO

Finances

Share Ownership

Return on Equity

160,32 %

Current Ratio

10,83

Debt-to-Equity Ratio

−2,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	231 000	382 000	57 000	17 000
Net Income	−101 000	154 000	−8 000	−39 000
Total Assets	93 000	183 000	12 000	25 000
Total Equity	−63 000	38 000	−116 000	−108 000

Income (NOK)	2022	2021	2020	2019
Revenue	231 000	382 000	57 000	17 000
Expenditure	332 000	227 000	65 000	57 000
Operating Profit	−101 000	154 000	−8 000	−39 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−101 000	154 000	−8 000	−39 000
Tax	0	0	0	0
Net Income	−101 000	154 000	−8 000	−39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000	0	0	0
Total Current Assets	65 000	183 000	12 000	25 000
Total Assets	93 000	183 000	12 000	25 000
Total Retained Equity	−163 000	−62 000	−216 000	−208 000
Total Equity	−63 000	38 000	−116 000	−108 000
Total Long-Term Debt	150 000	135 000	128 000	128 000
Total Current Debt	6 000	9 000	0	5 000
Total Equity and Debt	93 000	183 000	12 000	25 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 000	237 000	14 000	17 000
Other Income	191 000	145 000	43 000	0
Revenue	231 000	382 000	57 000	17 000
Cost of Goods Sold	82 000	33 000	19 000	19 000
Salary Costs	1 000	32 000	0	0
Depreciation	9 000	0	0	0
Impairment	0	0	0	0
Expenditure	332 000	227 000	65 000	57 000
Operating Profit	−101 000	154 000	−8 000	−39 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−101 000	154 000	−8 000	−39 000

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	28 000	0	0	0
Total Tangible Assets	28 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	167 000	2 000	16 000
Total Current Assets	65 000	183 000	12 000	25 000
Total Assets	93 000	183 000	12 000	25 000
Total Equity	−63 000	38 000	−116 000	−108 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	150 000	135 000	128 000	128 000
Creditors	5 000	4 000	0	5 000
Unpaid Taxes	1 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	5 000	0	0
Total Current Debt	6 000	9 000	0	5 000
Total Equity and Debt	93 000	183 000	12 000	25 000

Financial indicators	2022	2021	2020	2019
Return on Equity	160,32 %	405,26 %	6,9 %	36,11 %
Debt-to-Equity Ratio	−2,38	3,55	−1,1	−1,19
Operating Profit Margin	−43,72 %	40,31 %	−14,04 %	−229,41 %
Current Ratio	10,83	20,33	-	5
Quick Ratio	10,83	20,33	-	5
Equity Ratio	−0,68	0,21	−9,67	−4,32
Gross Profit Margin	64,5 %	91,36 %	66,67 %	−11,76 %