HERMOD FARMS AS

1364 FORNEBU

Finances

Return on Equity

−11,82 %

Current Ratio

0,08

Debt-to-Equity Ratio

−10,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 278 000	1 357 000	873 000	605 000
Net Income	271 000	−183 000	−104 000	600 000
Total Assets	24 751 000	22 520 000	22 716 000	3 596 000
Total Equity	−2 293 000	−2 564 000	−2 381 000	−2 277 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 278 000	1 357 000	873 000	605 000
Expenditure	22 000	21 000	61 000	3 000
Operating Profit	2 256 000	1 335 000	812 000	602 000
Financial Income	0	0	0	0
Financial Costs	1 985 000	1 518 000	916 000	2 000
Financial Balance	−1 985 000	−1 518 000	−916 000	−2 000
Earnings Before Tax	271 000	−183 000	−104 000	600 000
Tax	0	0	0	0
Net Income	271 000	−183 000	−104 000	600 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 516 000	22 514 000	22 514 000	0
Total Current Assets	235 000	6 000	203 000	3 596 000
Total Assets	24 751 000	22 520 000	22 716 000	3 596 000
Total Retained Equity	−2 395 000	−2 665 000	−2 482 000	−2 379 000
Total Equity	−2 293 000	−2 564 000	−2 381 000	−2 277 000
Total Long-Term Debt	24 120 000	23 500 000	21 500 000	0
Total Current Debt	2 924 000	1 583 000	3 597 000	5 873 000
Total Equity and Debt	24 751 000	22 520 000	22 716 000	3 596 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 278 000	1 357 000	873 000	605 000
Revenue	2 278 000	1 357 000	873 000	605 000
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	22 000	21 000	61 000	3 000
Operating Profit	2 256 000	1 335 000	812 000	602 000
Financial Income	0	0	0	0
Financial Costs	1 985 000	1 518 000	916 000	2 000
Financial Balance	−1 985 000	−1 518 000	−916 000	−2 000
Dividends	0	0	0	0
Net Income	271 000	−183 000	−104 000	600 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 526 000	21 526 000	21 526 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	21 526 000	21 526 000	21 526 000	0
Total Fiancial Fixed Assets	2 990 000	988 000	988 000	0
Total Fixed Assets	24 516 000	22 514 000	22 514 000	0
Stock	0	0	0	0
Total Investments	0	0	0	2 990 000
Cash, Bank	1 000	6 000	128 000	32 000
Total Current Assets	235 000	6 000	203 000	3 596 000
Total Assets	24 751 000	22 520 000	22 716 000	3 596 000
Total Equity	−2 293 000	−2 564 000	−2 381 000	−2 277 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 120 000	23 500 000	21 500 000	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 924 000	1 583 000	3 597 000	5 873 000
Total Current Debt	2 924 000	1 583 000	3 597 000	5 873 000
Total Equity and Debt	24 751 000	22 520 000	22 716 000	3 596 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,82 %	7,14 %	4,37 %	−26,35 %
Debt-to-Equity Ratio	−10,52	−9,17	−9,03	−0
Operating Profit Margin	99,03 %	98,38 %	93,01 %	99,5 %
Current Ratio	0,08	0	0,06	0,61
Quick Ratio	0,08	0	0,06	0,61
Equity Ratio	−0,09	−0,11	−0,1	−0,63
Gross Profit Margin	100 %	100 %	100 %	100 %