HERFO FINANS AS

4006 STAVANGER

Finances

Return on Equity

−13,7 %

Current Ratio

10,64

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 505 000	26 322 000	13 048 000	9 868 000
Net Income	−140 288 000	113 922 000	37 833 000	150 825 000
Total Assets	1 417 971 000	1 605 092 000	1 443 231 000	1 204 738 000
Total Equity	1 024 289 000	1 164 576 000	1 050 655 000	1 012 821 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 505 000	26 322 000	13 048 000	9 868 000
Expenditure	29 804 000	25 856 000	20 194 000	15 247 000
Operating Profit	−2 299 000	466 000	−7 146 000	−5 379 000
Financial Income	34 817 000	121 262 000	39 194 000	165 215 000
Financial Costs	178 339 000	8 150 000	5 620 000	5 010 000
Financial Balance	−143 522 000	113 112 000	33 574 000	160 205 000
Earnings Before Tax	−145 821 000	113 578 000	26 428 000	154 826 000
Tax	−5 533 000	−344 000	−11 405 000	4 001 000
Net Income	−140 288 000	113 922 000	37 833 000	150 825 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	501 695 000	483 359 000	492 233 000	198 254 000
Total Current Assets	916 276 000	1 121 733 000	950 998 000	1 006 484 000
Total Assets	1 417 971 000	1 605 092 000	1 443 231 000	1 204 738 000
Total Retained Equity	416 345 000	556 632 000	442 711 000	404 883 000
Total Equity	1 024 289 000	1 164 576 000	1 050 655 000	1 012 821 000
Total Long-Term Debt	307 591 000	437 217 000	379 813 000	182 383 000
Total Current Debt	86 092 000	3 299 000	12 763 000	9 534 000
Total Equity and Debt	1 417 972 000	1 605 092 000	1 443 231 000	1 204 738 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 407 000	26 245 000	12 981 000	9 868 000
Other Income	1 098 000	77 000	67 000	0
Revenue	27 505 000	26 322 000	13 048 000	9 868 000
Cost of Goods Sold	96 000	0	9 000	0
Salary Costs	9 962 000	8 110 000	6 745 000	6 100 000
Depreciation	9 944 000	9 911 000	5 556 000	1 490 000
Impairment	0	0	0	216 000
Expenditure	29 804 000	25 856 000	20 194 000	15 247 000
Operating Profit	−2 299 000	466 000	−7 146 000	−5 379 000
Financial Income	34 817 000	121 262 000	39 194 000	165 215 000
Financial Costs	178 339 000	8 150 000	5 620 000	5 010 000
Financial Balance	−143 522 000	113 112 000	33 574 000	160 205 000
Dividends	0	0	0	0
Net Income	−140 288 000	113 922 000	37 833 000	150 825 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	560 000
Real Eastate	480 568 000	462 821 000	471 945 000	178 617 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 744 000	1 155 000	1 246 000	186 000
Total Tangible Assets	482 312 000	463 976 000	473 191 000	178 803 000
Total Fiancial Fixed Assets	19 383 000	19 383 000	19 042 000	18 891 000
Total Fixed Assets	501 695 000	483 359 000	492 233 000	198 254 000
Stock	0	0	0	0
Total Investments	868 482 000	1 082 867 000	828 629 000	910 633 000
Cash, Bank	34 910 000	37 025 000	118 627 000	91 383 000
Total Current Assets	916 276 000	1 121 733 000	950 998 000	1 006 484 000
Total Assets	1 417 971 000	1 605 092 000	1 443 231 000	1 204 738 000
Total Equity	1 024 289 000	1 164 576 000	1 050 655 000	1 012 821 000
Short-Term Group Debt	64 855 000	0	0	0
Total Long-Term Debt	307 591 000	437 217 000	379 813 000	182 383 000
Creditors	11 674 000	952 000	8 890 000	6 668 000
Unpaid Taxes	687 000	505 000	1 026 000	318 000
Dividends	0	0	0	0
Other Current Debt	8 876 000	1 842 000	2 847 000	2 548 000
Total Current Debt	86 092 000	3 299 000	12 763 000	9 534 000
Total Equity and Debt	1 417 972 000	1 605 092 000	1 443 231 000	1 204 738 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,7 %	9,78 %	3,6 %	14,89 %
Debt-to-Equity Ratio	0,3	0,38	0,36	0,18
Operating Profit Margin	−8,36 %	1,77 %	−54,77 %	−54,51 %
Current Ratio	10,64	340,02	74,51	105,57
Quick Ratio	10,64	340,02	74,51	105,57
Equity Ratio	0,72	0,73	0,73	0,84
Gross Profit Margin	99,65 %	100 %	99,93 %	100 %