HERVIKFJORD AS

5566 HERVIK

Finances

Return on Equity

16,81 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	728 000	692 000	682 000	671 000
Net Income	1 774 000	1 388 000	419 000	890 000
Total Assets	12 364 000	11 732 000	10 891 000	11 223 000
Total Equity	10 554 000	10 321 000	10 133 000	10 133 000

Income (NOK)	2022	2021	2020	2019
Revenue	728 000	692 000	682 000	671 000
Expenditure	172 000	194 000	145 000	148 000
Operating Profit	556 000	497 000	538 000	523 000
Financial Income	1 340 000	1 000 000	0	489 000
Financial Costs	0	0	0	9 000
Financial Balance	1 340 000	1 000 000	0	480 000
Earnings Before Tax	1 896 000	1 497 000	538 000	1 003 000
Tax	122 000	109 000	118 000	113 000
Net Income	1 774 000	1 388 000	419 000	890 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 482 000	10 496 000	10 511 000	10 527 000
Total Current Assets	1 881 000	1 236 000	380 000	696 000
Total Assets	12 364 000	11 732 000	10 891 000	11 223 000
Total Retained Equity	742 000	509 000	321 000	321 000
Total Equity	10 554 000	10 321 000	10 133 000	10 133 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 810 000	1 412 000	758 000	1 089 000
Total Equity and Debt	12 364 000	11 732 000	10 891 000	11 223 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	728 000	692 000	682 000	671 000
Revenue	728 000	692 000	682 000	671 000
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	172 000	194 000	145 000	148 000
Operating Profit	556 000	497 000	538 000	523 000
Financial Income	1 340 000	1 000 000	0	489 000
Financial Costs	0	0	0	9 000
Financial Balance	1 340 000	1 000 000	0	480 000
Dividends	1 540 000	1 200 000	420 000	600 000
Net Income	1 774 000	1 388 000	419 000	890 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	243 000	257 000	272 000	287 000
Real Eastate	464 000	464 000	464 000	464 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	464 000	464 000	464 000	464 000
Total Fiancial Fixed Assets	9 775 000	9 775 000	9 775 000	9 775 000
Total Fixed Assets	10 482 000	10 496 000	10 511 000	10 527 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	460 000	159 000	304 000	140 000
Total Current Assets	1 881 000	1 236 000	380 000	696 000
Total Assets	12 364 000	11 732 000	10 891 000	11 223 000
Total Equity	10 554 000	10 321 000	10 133 000	10 133 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	122 000	78 000	133 000	129 000
Dividends	1 540 000	1 200 000	420 000	600 000
Other Current Debt	39 000	39 000	103 000	328 000
Total Current Debt	1 810 000	1 412 000	758 000	1 089 000
Total Equity and Debt	12 364 000	11 732 000	10 891 000	11 223 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,81 %	13,45 %	4,14 %	8,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	76,37 %	71,82 %	78,89 %	77,94 %
Current Ratio	1,04	0,88	0,5	0,64
Quick Ratio	1,04	0,88	0,5	0,64
Equity Ratio	0,85	0,88	0,93	0,9
Gross Profit Margin	100 %	100 %	100 %	100 %