HERWA EIENDOM AS

4886 GRIMSTAD

Finances

Return on Equity

10,68 %

Current Ratio

4,47

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 447 000	7 859 000	7 346 000	7 521 000
Net Income	4 964 000	4 590 000	4 125 000	4 358 000
Total Assets	53 609 000	49 405 000	47 390 000	45 990 000
Total Equity	46 494 000	44 260 000	42 400 000	41 005 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 447 000	7 859 000	7 346 000	7 521 000
Expenditure	2 658 000	2 347 000	2 459 000	2 326 000
Operating Profit	5 789 000	5 512 000	4 888 000	5 195 000
Financial Income	567 000	364 000	392 000	380 000
Financial Costs	1 000	0	2 000	0
Financial Balance	566 000	364 000	390 000	380 000
Earnings Before Tax	6 355 000	5 876 000	5 278 000	5 576 000
Tax	1 391 000	1 286 000	1 153 000	1 217 000
Net Income	4 964 000	4 590 000	4 125 000	4 358 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 635 000	15 712 000	16 052 000	16 394 000
Total Current Assets	29 974 000	33 694 000	31 338 000	29 596 000
Total Assets	53 609 000	49 405 000	47 390 000	45 990 000
Total Retained Equity	30 663 000	28 428 000	26 568 000	25 173 000
Total Equity	46 494 000	44 260 000	42 400 000	41 005 000
Total Long-Term Debt	414 000	432 000	444 000	451 000
Total Current Debt	6 701 000	4 713 000	4 546 000	4 533 000
Total Equity and Debt	53 609 000	49 405 000	47 390 000	45 990 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	8 000	64 000	43 000
Other Income	8 447 000	7 851 000	7 282 000	7 477 000
Revenue	8 447 000	7 859 000	7 346 000	7 521 000
Cost of Goods Sold	0	0	0	0
Salary Costs	986 000	908 000	904 000	883 000
Depreciation	340 000	340 000	342 000	345 000
Impairment	0	0	0	0
Expenditure	2 658 000	2 347 000	2 459 000	2 326 000
Operating Profit	5 789 000	5 512 000	4 888 000	5 195 000
Financial Income	567 000	364 000	392 000	380 000
Financial Costs	1 000	0	2 000	0
Financial Balance	566 000	364 000	390 000	380 000
Dividends	0	0	0	0
Net Income	4 964 000	4 590 000	4 125 000	4 358 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	17 147 000	15 712 000	16 052 000	16 394 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	17 147 000	15 712 000	16 052 000	16 394 000
Total Fiancial Fixed Assets	6 488 000	0	0	0
Total Fixed Assets	23 635 000	15 712 000	16 052 000	16 394 000
Stock	0	0	0	0
Total Investments	672 000	672 000	672 000	672 000
Cash, Bank	28 880 000	24 489 000	20 674 000	18 097 000
Total Current Assets	29 974 000	33 694 000	31 338 000	29 596 000
Total Assets	53 609 000	49 405 000	47 390 000	45 990 000
Total Equity	46 494 000	44 260 000	42 400 000	41 005 000
Short-Term Group Debt	3 500 000	3 500 000	3 500 000	3 500 000
Total Long-Term Debt	414 000	432 000	444 000	451 000
Creditors	2 140 000	278 000	263 000	189 000
Unpaid Taxes	287 000	280 000	271 000	246 000
Dividends	0	0	0	0
Other Current Debt	135 000	126 000	122 000	148 000
Total Current Debt	6 701 000	4 713 000	4 546 000	4 533 000
Total Equity and Debt	53 609 000	49 405 000	47 390 000	45 990 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,68 %	10,37 %	9,73 %	10,63 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,01
Operating Profit Margin	68,53 %	70,14 %	66,54 %	69,07 %
Current Ratio	4,47	7,15	6,89	6,53
Quick Ratio	4,47	7,15	6,89	6,53
Equity Ratio	0,87	0,9	0,89	0,89
Gross Profit Margin	100 %	100 %	100 %	100 %