HERMETIKKEN KULTURNÆRINGSHAGE AS

9800 VADSØ

Finances

Return on Equity

3,79 %

Current Ratio

2,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 726 000	4 061 000	3 068 000	2 947 000
Net Income	52 000	115 000	307 000	49 000
Total Assets	2 002 000	2 184 000	1 997 000	1 340 000
Total Equity	1 371 000	1 317 000	1 202 000	895 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 726 000	4 061 000	3 068 000	2 947 000
Expenditure	3 643 000	3 621 000	2 668 000	2 888 000
Operating Profit	84 000	440 000	401 000	59 000
Financial Income	1 000	0	0	1 000
Financial Costs	0	228 000	3 000	0
Financial Balance	1 000	−228 000	−3 000	1 000
Earnings Before Tax	84 000	213 000	398 000	59 000
Tax	31 000	97 000	91 000	10 000
Net Income	52 000	115 000	307 000	49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	170 000	168 000	185 000	193 000
Total Current Assets	1 832 000	2 016 000	1 812 000	1 147 000
Total Assets	2 002 000	2 184 000	1 997 000	1 340 000
Total Retained Equity	746 000	691 000	576 000	269 000
Total Equity	1 371 000	1 317 000	1 202 000	895 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	631 000	867 000	795 000	445 000
Total Equity and Debt	2 002 000	2 184 000	1 997 000	1 340 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	588 000	746 000	185 000	609 000
Other Income	3 139 000	3 315 000	2 883 000	2 338 000
Revenue	3 726 000	4 061 000	3 068 000	2 947 000
Cost of Goods Sold	0	0	0	24 000
Salary Costs	1 863 000	1 663 000	1 215 000	1 465 000
Depreciation	8 000	7 000	8 000	11 000
Impairment	0	0	0	0
Expenditure	3 643 000	3 621 000	2 668 000	2 888 000
Operating Profit	84 000	440 000	401 000	59 000
Financial Income	1 000	0	0	1 000
Financial Costs	0	228 000	3 000	0
Financial Balance	1 000	−228 000	−3 000	1 000
Dividends	0	0	0	0
Net Income	52 000	115 000	307 000	49 000

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	9 000	17 000	4 000	12 000
Total Tangible Assets	9 000	17 000	4 000	12 000
Total Fiancial Fixed Assets	161 000	151 000	181 000	181 000
Total Fixed Assets	170 000	168 000	185 000	193 000
Stock	0	4 000	4 000	4 000
Total Investments	0	0	0	0
Cash, Bank	1 132 000	1 250 000	848 000	164 000
Total Current Assets	1 832 000	2 016 000	1 812 000	1 147 000
Total Assets	2 002 000	2 184 000	1 997 000	1 340 000
Total Equity	1 371 000	1 317 000	1 202 000	895 000
Short-Term Group Debt	0	253 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	319 000	312 000	226 000	234 000
Unpaid Taxes	73 000	79 000	85 000	46 000
Dividends	0	0	0	0
Other Current Debt	208 000	181 000	393 000	155 000
Total Current Debt	631 000	867 000	795 000	445 000
Total Equity and Debt	2 002 000	2 184 000	1 997 000	1 340 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,79 %	8,73 %	25,54 %	5,47 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,25 %	10,83 %	13,07 %	2 %
Current Ratio	2,9	2,33	2,28	2,58
Quick Ratio	2,9	2,34	2,29	2,6
Equity Ratio	0,68	0,6	0,6	0,67
Gross Profit Margin	100 %	100 %	100 %	99,19 %