HERAND INVEST AS

5600 NORHEIMSUND

Finances

Return on Equity

−14,58 %

Current Ratio

107,25

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	55 000	63 000
Net Income	−2 709 000	2 298 000	1 773 000	−2 052 000
Total Assets	18 904 000	22 092 000	21 581 000	27 391 000
Total Equity	18 578 000	21 687 000	20 889 000	23 217 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	55 000	63 000
Expenditure	149 000	145 000	110 000	110 000
Operating Profit	−149 000	−145 000	−56 000	−47 000
Financial Income	243 000	3 004 000	2 064 000	2 883 000
Financial Costs	2 797 000	530 000	1 000	4 673 000
Financial Balance	−2 554 000	2 474 000	2 063 000	−1 790 000
Earnings Before Tax	−2 703 000	2 329 000	2 007 000	−1 837 000
Tax	6 000	31 000	234 000	215 000
Net Income	−2 709 000	2 298 000	1 773 000	−2 052 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 710 000	2 410 000	2 910 000	3 209 000
Total Current Assets	16 194 000	19 681 000	18 671 000	24 182 000
Total Assets	18 904 000	22 092 000	21 581 000	27 391 000
Total Retained Equity	18 491 000	21 600 000	20 802 000	23 130 000
Total Equity	18 578 000	21 687 000	20 889 000	23 217 000
Total Long-Term Debt	175 000	216 000	272 000	341 000
Total Current Debt	151 000	188 000	420 000	3 833 000
Total Equity and Debt	18 904 000	22 092 000	21 581 000	27 391 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	55 000	63 000
Revenue	0	0	55 000	63 000
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	149 000	145 000	110 000	110 000
Operating Profit	−149 000	−145 000	−56 000	−47 000
Financial Income	243 000	3 004 000	2 064 000	2 883 000
Financial Costs	2 797 000	530 000	1 000	4 673 000
Financial Balance	−2 554 000	2 474 000	2 063 000	−1 790 000
Dividends	0	0	0	0
Net Income	−2 709 000	2 298 000	1 773 000	−2 052 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 360 000	2 360 000	2 360 000	2 360 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	50 000	50 000	50 000	50 000
Total Tangible Assets	2 410 000	2 410 000	2 410 000	2 410 000
Total Fiancial Fixed Assets	300 000	0	500 000	799 000
Total Fixed Assets	2 710 000	2 410 000	2 910 000	3 209 000
Stock	0	0	0	0
Total Investments	14 958 000	19 125 000	17 750 000	20 051 000
Cash, Bank	1 206 000	532 000	896 000	4 125 000
Total Current Assets	16 194 000	19 681 000	18 671 000	24 182 000
Total Assets	18 904 000	22 092 000	21 581 000	27 391 000
Total Equity	18 578 000	21 687 000	20 889 000	23 217 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	175 000	216 000	272 000	341 000
Creditors	14 000	3 000	15 000	4 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	90 000	99 000	101 000	3 528 000
Total Current Debt	151 000	188 000	420 000	3 833 000
Total Equity and Debt	18 904 000	22 092 000	21 581 000	27 391 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,58 %	10,6 %	8,49 %	−8,84 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,01
Operating Profit Margin	-	-	−101,82 %	−74,6 %
Current Ratio	107,25	104,69	44,45	6,31
Quick Ratio	107,25	104,69	44,45	6,31
Equity Ratio	0,98	0,98	0,97	0,85
Gross Profit Margin	-	-	100 %	100 %