HERØY GLASS OG GAVE AS

8850 HERØY

Finances

Return on Equity

151,44 %

Current Ratio

1,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	506 000	348 000	639 000
Net Income	1 684 000	−1 669 000	1 163 000	−224 000
Total Assets	2 566 000	1 083 000	2 711 000	1 635 000
Total Equity	1 112 000	−572 000	1 096 000	−66 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	506 000	348 000	639 000
Expenditure	101 000	564 000	430 000	758 000
Operating Profit	−101 000	−59 000	−83 000	−119 000
Financial Income	3 665 000	374 000	2 282 000	390 000
Financial Costs	1 932 000	2 007 000	1 066 000	529 000
Financial Balance	1 733 000	−1 633 000	1 216 000	−139 000
Earnings Before Tax	1 632 000	−1 692 000	1 133 000	−258 000
Tax	−52 000	−24 000	−30 000	−34 000
Net Income	1 684 000	−1 669 000	1 163 000	−224 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	64 000	96 000	116 000
Total Current Assets	2 536 000	1 019 000	2 615 000	1 519 000
Total Assets	2 566 000	1 083 000	2 711 000	1 635 000
Total Retained Equity	710 000	−974 000	695 000	−468 000
Total Equity	1 112 000	−572 000	1 096 000	−66 000
Total Long-Term Debt	5 000	57 000	80 000	110 000
Total Current Debt	1 449 000	1 599 000	1 534 000	1 592 000
Total Equity and Debt	2 566 000	1 083 000	2 711 000	1 635 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	506 000	348 000	639 000
Other Income	0	0	0	0
Revenue	0	506 000	348 000	639 000
Cost of Goods Sold	−1 000	457 000	313 000	577 000
Salary Costs	0	0	0	8 000
Depreciation	20 000	26 000	40 000	53 000
Impairment	0	0	0	0
Expenditure	101 000	564 000	430 000	758 000
Operating Profit	−101 000	−59 000	−83 000	−119 000
Financial Income	3 665 000	374 000	2 282 000	390 000
Financial Costs	1 932 000	2 007 000	1 066 000	529 000
Financial Balance	1 733 000	−1 633 000	1 216 000	−139 000
Dividends	0	0	0	0
Net Income	1 684 000	−1 669 000	1 163 000	−224 000

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	30 000	50 000	70 000	90 000
Fixtures	0	0	6 000	26 000
Total Tangible Assets	30 000	50 000	76 000	116 000
Total Fiancial Fixed Assets	0	14 000	20 000	0
Total Fixed Assets	30 000	64 000	96 000	116 000
Stock	0	0	0	0
Total Investments	2 347 000	847 000	807 000	1 250 000
Cash, Bank	168 000	164 000	497 000	262 000
Total Current Assets	2 536 000	1 019 000	2 615 000	1 519 000
Total Assets	2 566 000	1 083 000	2 711 000	1 635 000
Total Equity	1 112 000	−572 000	1 096 000	−66 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000	57 000	80 000	110 000
Creditors	−2 000	7 000	4 000	9 000
Unpaid Taxes	0	109 000	71 000	0
Dividends	0	0	0	0
Other Current Debt	1 451 000	1 408 000	1 367 000	1 380 000
Total Current Debt	1 449 000	1 599 000	1 534 000	1 592 000
Total Equity and Debt	2 566 000	1 083 000	2 711 000	1 635 000

Financial indicators	2022	2021	2020	2019
Return on Equity	151,44 %	291,78 %	106,11 %	339,39 %
Debt-to-Equity Ratio	0	−0,1	0,07	−1,67
Operating Profit Margin	-	−11,66 %	−23,85 %	−18,62 %
Current Ratio	1,75	0,64	1,7	0,95
Quick Ratio	1,75	0,64	1,7	0,95
Equity Ratio	0,43	−0,53	0,4	−0,04
Gross Profit Margin	-	9,68 %	10,06 %	9,7 %