STIFTELSEN HERNES INSTITUTT

2410 HERNES

Finances

Share Ownership

Return on Equity

−2,33 %

Current Ratio

4,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 555 000	55 640 000	46 223 000	53 316 000
Net Income	−622 000	2 391 000	−3 319 000	2 814 000
Total Assets	33 618 000	33 240 000	36 447 000	33 484 000
Total Equity	26 673 000	27 295 000	24 904 000	28 223 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 555 000	55 640 000	46 223 000	53 316 000
Expenditure	57 228 000	53 267 000	49 578 000	50 575 000
Operating Profit	−673 000	2 373 000	−3 355 000	2 741 000
Financial Income	55 000	17 000	38 000	74 000
Financial Costs	4 000	0	3 000	2 000
Financial Balance	51 000	17 000	35 000	72 000
Earnings Before Tax	−622 000	2 391 000	−3 319 000	2 814 000
Tax	0	0	0	0
Net Income	−622 000	2 391 000	−3 319 000	2 814 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 066 000	3 464 000	4 170 000	4 463 000
Total Current Assets	30 552 000	29 776 000	32 277 000	29 021 000
Total Assets	33 618 000	33 240 000	36 447 000	33 484 000
Total Retained Equity	23 673 000	24 295 000	21 904 000	25 223 000
Total Equity	26 673 000	27 295 000	24 904 000	28 223 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 945 000	5 945 000	11 543 000	5 261 000
Total Equity and Debt	33 618 000	33 240 000	36 447 000	33 484 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	56 555 000	55 640 000	46 223 000	53 316 000
Revenue	56 555 000	55 640 000	46 223 000	53 316 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	57 228 000	53 267 000	49 578 000	50 575 000
Operating Profit	−673 000	2 373 000	−3 355 000	2 741 000
Financial Income	55 000	17 000	38 000	74 000
Financial Costs	4 000	0	3 000	2 000
Financial Balance	51 000	17 000	35 000	72 000
Dividends	0	0	0	0
Net Income	−622 000	2 391 000	−3 319 000	2 814 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	894 000	939 000	983 000	1 028 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 172 000	2 525 000	3 187 000	3 436 000
Total Tangible Assets	3 066 000	3 464 000	4 170 000	4 463 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 066 000	3 464 000	4 170 000	4 463 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 370 000	14 556 000	16 445 000	13 898 000
Total Current Assets	30 552 000	29 776 000	32 277 000	29 021 000
Total Assets	33 618 000	33 240 000	36 447 000	33 484 000
Total Equity	26 673 000	27 295 000	24 904 000	28 223 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 315 000	259 000	239 000	382 000
Unpaid Taxes	2 314 000	2 015 000	1 769 000	1 757 000
Dividends	0	0	0	0
Other Current Debt	3 317 000	3 671 000	9 534 000	3 122 000
Total Current Debt	6 945 000	5 945 000	11 543 000	5 261 000
Total Equity and Debt	33 618 000	33 240 000	36 447 000	33 484 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,33 %	8,76 %	−13,33 %	9,97 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,19 %	4,26 %	−7,26 %	5,14 %
Current Ratio	4,4	5,01	2,8	5,52
Quick Ratio	4,4	5,01	2,8	5,52
Equity Ratio	0,79	0,82	0,68	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %