HERMAN AS

1165 OSLO

Finances

Return on Equity

1,6 %

Current Ratio

10,04

Debt-to-Equity Ratio

40,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	206 000	399 000	65 000	825 000
Net Income	3 000	−50 000	33 000	−926 000
Total Assets	7 865 000	7 848 000	7 880 000	5 775 000
Total Equity	187 000	184 000	234 000	201 000

Income (NOK)	2022	2021	2020	2019
Revenue	206 000	399 000	65 000	825 000
Expenditure	818 000	381 000	782 000	1 659 000
Operating Profit	−612 000	17 000	−718 000	−834 000
Financial Income	721 000	1 856 000	2 082 000	1 388 000
Financial Costs	106 000	1 923 000	1 331 000	1 481 000
Financial Balance	615 000	−67 000	751 000	−93 000
Earnings Before Tax	3 000	−50 000	33 000	−926 000
Tax	0	0	0	0
Net Income	3 000	−50 000	33 000	−926 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 278 000	5 917 000	6 298 000	2 000 000
Total Current Assets	1 587 000	1 931 000	1 582 000	3 775 000
Total Assets	7 865 000	7 848 000	7 880 000	5 775 000
Total Retained Equity	−1 093 000	−1 096 000	−1 046 000	−1 079 000
Total Equity	187 000	184 000	234 000	201 000
Total Long-Term Debt	7 521 000	7 553 000	7 466 000	5 301 000
Total Current Debt	158 000	112 000	179 000	273 000
Total Equity and Debt	7 865 000	7 848 000	7 880 000	5 775 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	206 000	399 000	65 000	802 000
Other Income	0	0	0	22 000
Revenue	206 000	399 000	65 000	825 000
Cost of Goods Sold	0	0	0	0
Salary Costs	480 000	89 000	418 000	1 002 000
Depreciation	99 000	99 000	99 000	110 000
Impairment	0	0	0	0
Expenditure	818 000	381 000	782 000	1 659 000
Operating Profit	−612 000	17 000	−718 000	−834 000
Financial Income	721 000	1 856 000	2 082 000	1 388 000
Financial Costs	106 000	1 923 000	1 331 000	1 481 000
Financial Balance	615 000	−67 000	751 000	−93 000
Dividends	0	0	0	0
Net Income	3 000	−50 000	33 000	−926 000

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	272 000	371 000	470 000	568 000
Total Tangible Assets	272 000	371 000	470 000	568 000
Total Fiancial Fixed Assets	6 006 000	5 546 000	5 828 000	1 431 000
Total Fixed Assets	6 278 000	5 917 000	6 298 000	2 000 000
Stock	0	0	0	0
Total Investments	1 087 000	626 000	1 371 000	1 948 000
Cash, Bank	474 000	1 066 000	134 000	907 000
Total Current Assets	1 587 000	1 931 000	1 582 000	3 775 000
Total Assets	7 865 000	7 848 000	7 880 000	5 775 000
Total Equity	187 000	184 000	234 000	201 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 521 000	7 553 000	7 466 000	5 301 000
Creditors	3 000	5 000	23 000	9 000
Unpaid Taxes	5 000	107 000	15 000	113 000
Dividends	0	0	0	0
Other Current Debt	150 000	0	141 000	152 000
Total Current Debt	158 000	112 000	179 000	273 000
Total Equity and Debt	7 865 000	7 848 000	7 880 000	5 775 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,6 %	−27,17 %	14,1 %	−460,7 %
Debt-to-Equity Ratio	40,22	41,05	31,91	26,37
Operating Profit Margin	−297,09 %	4,26 %	−1 104,62 %	−101,09 %
Current Ratio	10,04	17,24	8,84	13,83
Quick Ratio	10,04	17,24	8,84	13,83
Equity Ratio	0,02	0,02	0,03	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %