HERNES OLJESENTER AS

2636 ØYER

Finances

Return on Equity

19,72 %

Current Ratio

1,54

Debt-to-Equity Ratio

0,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	310 994 000	214 503 000	171 702 000	191 834 000
Net Income	3 727 000	4 850 000	4 998 000	1 425 000
Total Assets	60 059 000	47 942 000	42 131 000	27 287 000
Total Equity	18 904 000	18 177 000	14 327 000	11 829 000

Income (NOK)	2022	2021	2020	2019
Revenue	310 994 000	214 503 000	171 702 000	191 834 000
Expenditure	305 650 000	211 714 000	167 092 000	189 838 000
Operating Profit	5 344 000	2 790 000	4 611 000	1 997 000
Financial Income	55 000	3 076 000	1 559 000	44 000
Financial Costs	616 000	457 000	171 000	192 000
Financial Balance	−561 000	2 619 000	1 388 000	−148 000
Earnings Before Tax	4 784 000	5 409 000	5 999 000	1 849 000
Tax	1 057 000	559 000	1 001 000	423 000
Net Income	3 727 000	4 850 000	4 998 000	1 425 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 416 000	14 241 000	14 692 000	3 499 000
Total Current Assets	45 643 000	33 701 000	27 439 000	23 788 000
Total Assets	60 059 000	47 942 000	42 131 000	27 287 000
Total Retained Equity	18 774 000	18 047 000	14 197 000	11 699 000
Total Equity	18 904 000	18 177 000	14 327 000	11 829 000
Total Long-Term Debt	11 530 000	12 023 000	10 648 000	1 200 000
Total Current Debt	29 624 000	17 742 000	17 156 000	14 258 000
Total Equity and Debt	60 059 000	47 942 000	42 131 000	27 287 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	310 994 000	212 895 000	171 689 000	191 834 000
Other Income	0	1 608 000	13 000	0
Revenue	310 994 000	214 503 000	171 702 000	191 834 000
Cost of Goods Sold	292 302 000	197 296 000	156 263 000	179 934 000
Salary Costs	4 312 000	4 269 000	4 345 000	3 851 000
Depreciation	525 000	467 000	293 000	241 000
Impairment	0	0	0	0
Expenditure	305 650 000	211 714 000	167 092 000	189 838 000
Operating Profit	5 344 000	2 790 000	4 611 000	1 997 000
Financial Income	55 000	3 076 000	1 559 000	44 000
Financial Costs	616 000	457 000	171 000	192 000
Financial Balance	−561 000	2 619 000	1 388 000	−148 000
Dividends	3 000 000	0	2 500 000	1 000 000
Net Income	3 727 000	4 850 000	4 998 000	1 425 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	55 000
Real Eastate	10 741 000	11 024 000	11 229 000	630 000
Machinery and Plant Facilities	885 000	413 000	645 000	139 000
Fixtures	115 000	129 000	143 000	0
Total Tangible Assets	11 741 000	11 566 000	12 017 000	769 000
Total Fiancial Fixed Assets	2 675 000	2 675 000	2 675 000	2 675 000
Total Fixed Assets	14 416 000	14 241 000	14 692 000	3 499 000
Stock	6 516 000	5 769 000	3 635 000	2 733 000
Total Investments	0	0	0	0
Cash, Bank	15 697 000	6 555 000	9 121 000	4 282 000
Total Current Assets	45 643 000	33 701 000	27 439 000	23 788 000
Total Assets	60 059 000	47 942 000	42 131 000	27 287 000
Total Equity	18 904 000	18 177 000	14 327 000	11 829 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 530 000	12 023 000	10 648 000	1 200 000
Creditors	24 374 000	16 838 000	12 555 000	12 254 000
Unpaid Taxes	552 000	206 000	592 000	223 000
Dividends	3 000 000	0	2 500 000	1 000 000
Other Current Debt	629 000	454 000	610 000	361 000
Total Current Debt	29 624 000	17 742 000	17 156 000	14 258 000
Total Equity and Debt	60 059 000	47 942 000	42 131 000	27 287 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,72 %	26,68 %	34,89 %	12,05 %
Debt-to-Equity Ratio	0,61	0,66	0,74	0,1
Operating Profit Margin	1,72 %	1,3 %	2,69 %	1,04 %
Current Ratio	1,54	1,9	1,6	1,67
Quick Ratio	1,98	2,81	2,03	2,06
Equity Ratio	0,31	0,38	0,34	0,43
Gross Profit Margin	6,01 %	8,02 %	8,99 %	6,2 %