K HERLOFSEN HOLDING AS

4610 KRISTIANSAND S

Finances

Return on Equity

40,04 %

Current Ratio

3,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	500 000	0	71 000	282 000
Net Income	3 960 000	1 827 000	−2 955 000	585 000
Total Assets	11 661 000	10 009 000	10 482 000	18 164 000
Total Equity	9 889 000	7 430 000	10 295 000	13 251 000

Income (NOK)	2022	2021	2020	2019
Revenue	500 000	0	71 000	282 000
Expenditure	2 000	414 000	2 913 000	434 000
Operating Profit	498 000	−414 000	−2 842 000	−152 000
Financial Income	3 595 000	2 235 000	1 798 000	1 248 000
Financial Costs	0	0	2 015 000	517 000
Financial Balance	3 595 000	2 235 000	−217 000	731 000
Earnings Before Tax	4 093 000	1 821 000	−3 059 000	579 000
Tax	133 000	−7 000	−104 000	−5 000
Net Income	3 960 000	1 827 000	−2 955 000	585 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 098 000	5 163 000	5 157 000	13 686 000
Total Current Assets	6 563 000	4 846 000	5 325 000	4 478 000
Total Assets	11 661 000	10 009 000	10 482 000	18 164 000
Total Retained Equity	9 859 000	7 400 000	7 581 000	10 537 000
Total Equity	9 889 000	7 430 000	10 295 000	13 251 000
Total Long-Term Debt	0	0	0	4 750 000
Total Current Debt	1 772 000	2 580 000	186 000	163 000
Total Equity and Debt	11 661 000	10 009 000	10 482 000	18 164 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	500 000	0	0	0
Other Income	0	0	71 000	282 000
Revenue	500 000	0	71 000	282 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	64 000
Impairment	0	0	0	0
Expenditure	2 000	414 000	2 913 000	434 000
Operating Profit	498 000	−414 000	−2 842 000	−152 000
Financial Income	3 595 000	2 235 000	1 798 000	1 248 000
Financial Costs	0	0	2 015 000	517 000
Financial Balance	3 595 000	2 235 000	−217 000	731 000
Dividends	1 000 000	2 000 000	0	0
Net Income	3 960 000	1 827 000	−2 955 000	585 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	48 000	113 000	107 000	3 000
Real Eastate	0	0	0	6 677 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	18 000
Total Tangible Assets	0	0	0	6 695 000
Total Fiancial Fixed Assets	5 050 000	5 050 000	5 050 000	6 989 000
Total Fixed Assets	5 098 000	5 163 000	5 157 000	13 686 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 368 000	2 622 000	3 531 000	877 000
Total Current Assets	6 563 000	4 846 000	5 325 000	4 478 000
Total Assets	11 661 000	10 009 000	10 482 000	18 164 000
Total Equity	9 889 000	7 430 000	10 295 000	13 251 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	4 750 000
Creditors	7 000	6 000	9 000	0
Unpaid Taxes	124 000	0	0	0
Dividends	1 000 000	2 000 000	0	0
Other Current Debt	573 000	573 000	177 000	162 000
Total Current Debt	1 772 000	2 580 000	186 000	163 000
Total Equity and Debt	11 661 000	10 009 000	10 482 000	18 164 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,04 %	24,59 %	−28,7 %	4,41 %
Debt-to-Equity Ratio	0	0	0	0,36
Operating Profit Margin	99,6 %	-	−4 002,82 %	−53,9 %
Current Ratio	3,7	1,88	28,63	27,47
Quick Ratio	3,7	1,88	28,63	27,47
Equity Ratio	0,85	0,74	0,98	0,73
Gross Profit Margin	100 %	-	100 %	100 %