HERAS NORGE AS

0976 OSLO

Finances

Share Ownership

Return on Equity

−14,09 %

Current Ratio

2,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 500 000	42 259 000	36 736 000	35 576 000
Net Income	−2 375 000	1 991 000	429 000	2 014 000
Total Assets	27 229 000	31 918 000	25 555 000	24 392 000
Total Equity	16 858 000	19 233 000	17 242 000	16 813 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 500 000	42 259 000	36 736 000	35 576 000
Expenditure	40 341 000	39 756 000	36 759 000	32 950 000
Operating Profit	−1 841 000	2 503 000	−22 000	2 627 000
Financial Income	650 000	157 000	637 000	40 000
Financial Costs	1 184 000	89 000	9 000	87 000
Financial Balance	−534 000	68 000	628 000	−47 000
Earnings Before Tax	−2 375 000	2 571 000	605 000	2 580 000
Tax	0	580 000	176 000	566 000
Net Income	−2 375 000	1 991 000	429 000	2 014 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	118 000	15 000	29 000	44 000
Total Current Assets	27 111 000	31 903 000	25 526 000	24 348 000
Total Assets	27 229 000	31 918 000	25 555 000	24 392 000
Total Retained Equity	11 958 000	14 333 000	12 342 000	11 913 000
Total Equity	16 858 000	19 233 000	17 242 000	16 813 000
Total Long-Term Debt	0	0	0	2 000
Total Current Debt	10 370 000	12 684 000	8 313 000	7 576 000
Total Equity and Debt	27 229 000	31 918 000	25 555 000	24 392 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 553 000	42 279 000	36 547 000	35 456 000
Other Income	947 000	−20 000	189 000	121 000
Revenue	38 500 000	42 259 000	36 736 000	35 576 000
Cost of Goods Sold	15 669 000	15 752 000	16 582 000	14 167 000
Salary Costs	14 506 000	15 462 000	12 738 000	12 609 000
Depreciation	22 000	15 000	15 000	15 000
Impairment	0	0	0	0
Expenditure	40 341 000	39 756 000	36 759 000	32 950 000
Operating Profit	−1 841 000	2 503 000	−22 000	2 627 000
Financial Income	650 000	157 000	637 000	40 000
Financial Costs	1 184 000	89 000	9 000	87 000
Financial Balance	−534 000	68 000	628 000	−47 000
Dividends	0	0	0	0
Net Income	−2 375 000	1 991 000	429 000	2 014 000

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	12 000	0	0	0
Fixtures	106 000	15 000	29 000	44 000
Total Tangible Assets	118 000	15 000	29 000	44 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	118 000	15 000	29 000	44 000
Stock	7 834 000	6 714 000	5 426 000	6 160 000
Total Investments	0	0	0	0
Cash, Bank	3 699 000	9 160 000	8 471 000	4 686 000
Total Current Assets	27 111 000	31 903 000	25 526 000	24 348 000
Total Assets	27 229 000	31 918 000	25 555 000	24 392 000
Total Equity	16 858 000	19 233 000	17 242 000	16 813 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	2 000
Creditors	5 729 000	5 609 000	3 606 000	2 362 000
Unpaid Taxes	2 425 000	2 946 000	2 491 000	2 662 000
Dividends	0	0	0	0
Other Current Debt	2 216 000	3 550 000	2 037 000	1 990 000
Total Current Debt	10 370 000	12 684 000	8 313 000	7 576 000
Total Equity and Debt	27 229 000	31 918 000	25 555 000	24 392 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,09 %	10,35 %	2,49 %	11,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,78 %	5,92 %	−0,06 %	7,38 %
Current Ratio	2,61	2,52	3,07	3,21
Quick Ratio	10,69	5,34	8,84	17,19
Equity Ratio	0,62	0,6	0,67	0,69
Gross Profit Margin	59,3 %	62,73 %	54,86 %	60,18 %