HERING AS

7042 TRONDHEIM

Finances

Return on Equity

2,95 %

Current Ratio

5,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	228 000	30 000	179 000	410 000
Net Income	503 000	5 222 000	588 000	460 000
Total Assets	20 525 000	19 939 000	14 827 000	18 595 000
Total Equity	17 043 000	16 540 000	11 318 000	16 623 000

Income (NOK)	2022	2021	2020	2019
Revenue	228 000	30 000	179 000	410 000
Expenditure	136 000	221 000	484 000	216 000
Operating Profit	92 000	−191 000	−305 000	194 000
Financial Income	3 007 000	7 452 000	4 356 000	552 000
Financial Costs	2 608 000	2 040 000	2 804 000	285 000
Financial Balance	399 000	5 412 000	1 552 000	267 000
Earnings Before Tax	491 000	5 222 000	1 246 000	460 000
Tax	−12 000	0	658 000	0
Net Income	503 000	5 222 000	588 000	460 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	20 000	20 000
Total Current Assets	20 525 000	19 939 000	14 807 000	18 575 000
Total Assets	20 525 000	19 939 000	14 827 000	18 595 000
Total Retained Equity	8 708 000	8 204 000	2 982 000	8 288 000
Total Equity	17 043 000	16 540 000	11 318 000	16 623 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 482 000	3 399 000	3 509 000	1 971 000
Total Equity and Debt	20 525 000	19 939 000	14 827 000	18 595 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	228 000	30 000	179 000	385 000
Other Income	0	0	0	25 000
Revenue	228 000	30 000	179 000	410 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	136 000	221 000	484 000	216 000
Operating Profit	92 000	−191 000	−305 000	194 000
Financial Income	3 007 000	7 452 000	4 356 000	552 000
Financial Costs	2 608 000	2 040 000	2 804 000	285 000
Financial Balance	399 000	5 412 000	1 552 000	267 000
Dividends	0	0	0	0
Net Income	503 000	5 222 000	588 000	460 000

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	20 000	20 000
Total Tangible Assets	0	0	20 000	20 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	20 000	20 000
Stock	0	0	0	0
Total Investments	13 969 000	15 222 000	11 622 000	15 126 000
Cash, Bank	759 000	1 041 000	233 000	235 000
Total Current Assets	20 525 000	19 939 000	14 807 000	18 575 000
Total Assets	20 525 000	19 939 000	14 827 000	18 595 000
Total Equity	17 043 000	16 540 000	11 318 000	16 623 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	1 000	87 000	47 000
Unpaid Taxes	20 000	0	6 000	61 000
Dividends	0	0	0	0
Other Current Debt	2 154 000	1 866 000	1 819 000	868 000
Total Current Debt	3 482 000	3 399 000	3 509 000	1 971 000
Total Equity and Debt	20 525 000	19 939 000	14 827 000	18 595 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,95 %	31,57 %	5,2 %	2,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	40,35 %	−636,67 %	−170,39 %	47,32 %
Current Ratio	5,89	5,87	4,22	9,42
Quick Ratio	5,89	5,87	4,22	9,42
Equity Ratio	0,83	0,83	0,76	0,89
Gross Profit Margin	100 %	100 %	100 %	100 %