HEMRE HOLDING AS

5700 VOSS

Finances

Return on Equity

0,74 %

Current Ratio

2,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 500 000	11 430 000	12 399 000	6 800 000
Net Income	127 000	6 123 000	−40 000	4 821 000
Total Assets	23 969 000	30 611 000	17 729 000	22 097 000
Total Equity	17 146 000	18 019 000	12 896 000	13 936 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 500 000	11 430 000	12 399 000	6 800 000
Expenditure	7 339 000	7 638 000	12 540 000	5 853 000
Operating Profit	161 000	3 792 000	−140 000	948 000
Financial Income	7 000	4 059 000	90 000	4 105 000
Financial Costs	4 000	0	0	0
Financial Balance	3 000	4 059 000	90 000	4 105 000
Earnings Before Tax	164 000	7 850 000	−51 000	5 053 000
Tax	37 000	1 727 000	−11 000	231 000
Net Income	127 000	6 123 000	−40 000	4 821 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 626 000	4 626 000	4 626 000	4 641 000
Total Current Assets	19 344 000	25 985 000	13 104 000	17 456 000
Total Assets	23 969 000	30 611 000	17 729 000	22 097 000
Total Retained Equity	16 444 000	17 317 000	12 194 000	13 234 000
Total Equity	17 146 000	18 019 000	12 896 000	13 936 000
Total Long-Term Debt	28 000	820 000	3 828 000	7 152 000
Total Current Debt	6 795 000	11 772 000	1 005 000	1 009 000
Total Equity and Debt	23 969 000	30 611 000	17 729 000	22 097 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	7 500 000	11 430 000	12 399 000	6 800 000
Revenue	7 500 000	11 430 000	12 399 000	6 800 000
Cost of Goods Sold	7 260 000	7 586 000	12 505 000	5 828 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 339 000	7 638 000	12 540 000	5 853 000
Operating Profit	161 000	3 792 000	−140 000	948 000
Financial Income	7 000	4 059 000	90 000	4 105 000
Financial Costs	4 000	0	0	0
Financial Balance	3 000	4 059 000	90 000	4 105 000
Dividends	0	1 000 000	1 000 000	750 000
Net Income	127 000	6 123 000	−40 000	4 821 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	4 626 000	4 626 000	4 626 000	4 641 000
Total Fixed Assets	4 626 000	4 626 000	4 626 000	4 641 000
Stock	12 344 000	10 472 000	4 607 000	9 253 000
Total Investments	0	0	0	0
Cash, Bank	2 574 000	10 303 000	6 439 000	2 230 000
Total Current Assets	19 344 000	25 985 000	13 104 000	17 456 000
Total Assets	23 969 000	30 611 000	17 729 000	22 097 000
Total Equity	17 146 000	18 019 000	12 896 000	13 936 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	28 000	820 000	3 828 000	7 152 000
Creditors	1 000	5 000	5 000	14 000
Unpaid Taxes	0	0	0	0
Dividends	0	1 000 000	1 000 000	750 000
Other Current Debt	6 750 000	9 031 000	0	0
Total Current Debt	6 795 000	11 772 000	1 005 000	1 009 000
Total Equity and Debt	23 969 000	30 611 000	17 729 000	22 097 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,74 %	33,98 %	−0,31 %	34,59 %
Debt-to-Equity Ratio	0	0,05	0,3	0,51
Operating Profit Margin	2,15 %	33,18 %	−1,13 %	13,94 %
Current Ratio	2,85	2,21	13,04	17,3
Quick Ratio	−3,49	19,99	−3,64	−2,12
Equity Ratio	0,72	0,59	0,73	0,63
Gross Profit Margin	3,2 %	33,63 %	−0,85 %	14,29 %