HERAND KRAFT AS

5628 HERAND

Finances

Share Ownership

Return on Equity

134,15 %

Current Ratio

0,28

Debt-to-Equity Ratio

−103,67

Key figures (EUR)	2022	2021	2020	2019
Revenue	9 073 000	30 493 000	0	0
Net Income	−165 000	6 536 000	−678 000	−329 000
Total Assets	20 324 000	221 194 000	188 534 000	127 659 000
Total Equity	−123 000	430 000	10 556 000	7 791 000

Income (EUR)	2022	2021	2020	2019
Revenue	9 073 000	30 493 000	0	0
Expenditure	3 111 000	17 193 000	889 000	548 000
Operating Profit	5 962 000	13 300 000	−889 000	−548 000
Financial Income	145 000	30 000	22 000	127 000
Financial Costs	690 000	3 354 000	1 000	1 000
Financial Balance	−545 000	−3 324 000	21 000	126 000
Earnings Before Tax	5 418 000	9 976 000	−869 000	−421 000
Tax	5 583 000	3 441 000	−191 000	−93 000
Net Income	−165 000	6 536 000	−678 000	−329 000

Balance (EUR)	2022	2021	2020	2019
Total Fixed Assets	18 173 000	191 676 000	180 889 000	116 941 000
Total Current Assets	2 150 000	29 518 000	7 645 000	10 718 000
Total Assets	20 324 000	221 194 000	188 534 000	127 659 000
Total Retained Equity	−365 000	−2 069 000	−1 943 000	−1 266 000
Total Equity	−123 000	430 000	10 556 000	7 791 000
Total Long-Term Debt	12 752 000	183 588 000	167 672 000	110 126 000
Total Current Debt	7 695 000	37 176 000	10 306 000	9 742 000
Total Equity and Debt	20 324 000	221 194 000	188 534 000	127 659 000

Cash flow (EUR)	2022	2021	2020	2019
Sales Income	9 484 000	30 493 000	0	0
Other Income	−411 000	0	0	0
Revenue	9 073 000	30 493 000	0	0
Cost of Goods Sold	1 091 000	4 909 000	18 000	0
Salary Costs	0	0	0	0
Depreciation	372 000	3 213 000	0	0
Impairment	0	0	0	0
Expenditure	3 111 000	17 193 000	889 000	548 000
Operating Profit	5 962 000	13 300 000	−889 000	−548 000
Financial Income	145 000	30 000	22 000	127 000
Financial Costs	690 000	3 354 000	1 000	1 000
Financial Balance	−545 000	−3 324 000	21 000	126 000
Dividends	0	0	0	0
Net Income	−165 000	6 536 000	−678 000	−329 000

Balance details (EUR)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 173 000	191 676 000	180 889 000	0
Machinery and Plant Facilities	0	0	0	116 941 000
Fixtures	0	0	0	0
Total Tangible Assets	18 173 000	191 676 000	180 889 000	116 941 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 173 000	191 676 000	180 889 000	116 941 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	767 000	7 967 000	8 000	1 759 000
Total Current Assets	2 150 000	29 518 000	7 645 000	10 718 000
Total Assets	20 324 000	221 194 000	188 534 000	127 659 000
Total Equity	−123 000	430 000	10 556 000	7 791 000
Short-Term Group Debt	0	20 895 000	2 210 000	2 145 000
Total Long-Term Debt	12 752 000	183 588 000	167 672 000	110 126 000
Creditors	2 031 000	4 995 000	8 090 000	4 710 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 463 000	10 040 000	6 000	2 887 000
Total Current Debt	7 695 000	37 176 000	10 306 000	9 742 000
Total Equity and Debt	20 324 000	221 194 000	188 534 000	127 659 000

Financial indicators	2022	2021	2020	2019
Return on Equity	134,15 %	1 520 %	−6,42 %	−4,22 %
Debt-to-Equity Ratio	−103,67	426,95	15,88	14,14
Operating Profit Margin	65,71 %	43,62 %	-	-
Current Ratio	0,28	0,79	0,74	1,1
Quick Ratio	0,28	0,79	0,74	1,1
Equity Ratio	−0,01	0	0,06	0,06
Gross Profit Margin	87,98 %	83,9 %	-	-