HERSTAD AS

1859 SLITU

Finances

Return on Equity

19,14 %

Current Ratio

2,59

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 918 000	1 647 000	2 183 000	1 611 000
Net Income	2 875 000	1 535 000	1 725 000	2 740 000
Total Assets	17 150 000	14 182 000	13 624 000	12 304 000
Total Equity	15 024 000	13 149 000	12 114 000	10 889 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 918 000	1 647 000	2 183 000	1 611 000
Expenditure	1 505 000	1 453 000	1 241 000	1 041 000
Operating Profit	413 000	194 000	941 000	570 000
Financial Income	2 702 000	1 401 000	1 003 000	2 304 000
Financial Costs	11 000	23 000	15 000	11 000
Financial Balance	2 691 000	1 378 000	988 000	2 293 000
Earnings Before Tax	3 104 000	1 573 000	1 929 000	2 863 000
Tax	228 000	38 000	205 000	124 000
Net Income	2 875 000	1 535 000	1 725 000	2 740 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 079 000	11 427 000	9 277 000	7 598 000
Total Current Assets	4 071 000	2 755 000	4 347 000	4 706 000
Total Assets	17 150 000	14 182 000	13 624 000	12 304 000
Total Retained Equity	14 524 000	12 649 000	11 614 000	10 389 000
Total Equity	15 024 000	13 149 000	12 114 000	10 889 000
Total Long-Term Debt	554 000	326 000	308 000	223 000
Total Current Debt	1 571 000	707 000	1 202 000	1 192 000
Total Equity and Debt	17 150 000	14 182 000	13 624 000	12 304 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	6 000	0
Other Income	1 918 000	1 647 000	2 177 000	1 611 000
Revenue	1 918 000	1 647 000	2 183 000	1 611 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 306 000	1 061 000	873 000	845 000
Impairment	0	0	0	0
Expenditure	1 505 000	1 453 000	1 241 000	1 041 000
Operating Profit	413 000	194 000	941 000	570 000
Financial Income	2 702 000	1 401 000	1 003 000	2 304 000
Financial Costs	11 000	23 000	15 000	11 000
Financial Balance	2 691 000	1 378 000	988 000	2 293 000
Dividends	1 000 000	0	500 000	0
Net Income	2 875 000	1 535 000	1 725 000	2 740 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 819 000	1 819 000	2 239 000	3 499 000
Machinery and Plant Facilities	8 651 000	5 895 000	4 243 000	3 414 000
Fixtures	155 000	203 000	37 000	80 000
Total Tangible Assets	10 625 000	7 917 000	6 520 000	6 993 000
Total Fiancial Fixed Assets	2 453 000	3 510 000	2 757 000	606 000
Total Fixed Assets	13 079 000	11 427 000	9 277 000	7 598 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 236 000	1 219 000	3 166 000	795 000
Total Current Assets	4 071 000	2 755 000	4 347 000	4 706 000
Total Assets	17 150 000	14 182 000	13 624 000	12 304 000
Total Equity	15 024 000	13 149 000	12 114 000	10 889 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	554 000	326 000	308 000	223 000
Creditors	0	182 000	20 000	27 000
Unpaid Taxes	51 000	−15 000	43 000	275 000
Dividends	1 000 000	0	500 000	0
Other Current Debt	520 000	520 000	520 000	320 000
Total Current Debt	1 571 000	707 000	1 202 000	1 192 000
Total Equity and Debt	17 150 000	14 182 000	13 624 000	12 304 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,14 %	11,67 %	14,24 %	25,16 %
Debt-to-Equity Ratio	0,04	0,02	0,03	0,02
Operating Profit Margin	21,53 %	11,78 %	43,11 %	35,38 %
Current Ratio	2,59	3,9	3,62	3,95
Quick Ratio	2,59	3,9	3,62	3,95
Equity Ratio	0,88	0,93	0,89	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %