HERCULES UTVIKLING AS

1367 SNARØYA

Finances

Share Ownership

Return on Equity

−2,17 %

Current Ratio

0,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 535 000	27 475 000	22 981 000	24 970 000
Net Income	−67 000	8 037 000	1 477 000	−741 000
Total Assets	25 800 000	28 583 000	24 055 000	22 574 000
Total Equity	3 085 000	5 659 000	3 085 000	458 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 535 000	27 475 000	22 981 000	24 970 000
Expenditure	682 000	13 343 000	19 903 000	24 222 000
Operating Profit	853 000	14 132 000	3 078 000	−290 000
Financial Income	0	79 000	0	0
Financial Costs	920 000	4 633 000	983 000	452 000
Financial Balance	−920 000	−4 554 000	−983 000	−452 000
Earnings Before Tax	−67 000	9 578 000	2 095 000	−741 000
Tax	0	1 541 000	618 000	0
Net Income	−67 000	8 037 000	1 477 000	−741 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 800 000	26 468 000	0	0
Total Current Assets	1 000 000	2 116 000	24 055 000	22 574 000
Total Assets	25 800 000	28 583 000	24 055 000	22 574 000
Total Retained Equity	0	2 574 000	0	−2 049 000
Total Equity	3 085 000	5 659 000	3 085 000	458 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	22 715 000	22 925 000	20 970 000	22 116 000
Total Equity and Debt	25 800 000	28 583 000	24 055 000	22 574 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	26 967 000	22 981 000	24 970 000
Other Income	1 535 000	508 000	0	0
Revenue	1 535 000	27 475 000	22 981 000	24 970 000
Cost of Goods Sold	0	18 320 000	16 570 000	22 370 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	682 000	13 343 000	19 903 000	24 222 000
Operating Profit	853 000	14 132 000	3 078 000	−290 000
Financial Income	0	79 000	0	0
Financial Costs	920 000	4 633 000	983 000	452 000
Financial Balance	−920 000	−4 554 000	−983 000	−452 000
Dividends	0	0	0	0
Net Income	−67 000	8 037 000	1 477 000	−741 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	24 800 000	24 800 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	24 800 000	24 800 000	0	0
Total Fiancial Fixed Assets	0	1 668 000	0	0
Total Fixed Assets	24 800 000	26 468 000	0	0
Stock	0	0	17 070 000	0
Total Investments	0	0	0	21 844 000
Cash, Bank	200 000	1 311 000	968 000	349 000
Total Current Assets	1 000 000	2 116 000	24 055 000	22 574 000
Total Assets	25 800 000	28 583 000	24 055 000	22 574 000
Total Equity	3 085 000	5 659 000	3 085 000	458 000
Short-Term Group Debt	0	0	2 500 000	12 107 000
Total Long-Term Debt	0	0	0	0
Creditors	30 000	850 000	1 199 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	7 936 000	7 325 000	10 203 000	10 009 000
Total Current Debt	22 715 000	22 925 000	20 970 000	22 116 000
Total Equity and Debt	25 800 000	28 583 000	24 055 000	22 574 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,17 %	142,02 %	47,88 %	−161,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	55,57 %	51,44 %	13,39 %	−1,16 %
Current Ratio	0,04	0,09	1,15	1,02
Quick Ratio	0,04	0,09	6,17	1,02
Equity Ratio	0,12	0,2	0,13	0,02
Gross Profit Margin	100 %	33,32 %	27,9 %	10,41 %