HERBO AS

8850 HERØY

Finances

Share Ownership

Return on Equity

5,38 %

Current Ratio

2,04

Debt-to-Equity Ratio

5,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 697 000	6 751 000	6 461 000	5 708 000
Net Income	647 000	523 000	1 018 000	613 000
Total Assets	75 135 000	76 278 000	76 441 000	76 221 000
Total Equity	12 027 000	11 380 000	10 857 000	9 839 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 697 000	6 751 000	6 461 000	5 708 000
Expenditure	4 455 000	4 725 000	3 941 000	3 754 000
Operating Profit	2 241 000	2 026 000	2 520 000	1 954 000
Financial Income	7 000	9 000	7 000	9 000
Financial Costs	1 538 000	1 426 000	1 480 000	1 318 000
Financial Balance	−1 531 000	−1 417 000	−1 473 000	−1 309 000
Earnings Before Tax	710 000	610 000	1 048 000	645 000
Tax	63 000	86 000	29 000	32 000
Net Income	647 000	523 000	1 018 000	613 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	73 291 000	70 029 000	69 430 000	74 760 000
Total Current Assets	1 844 000	6 249 000	7 011 000	1 461 000
Total Assets	75 135 000	76 278 000	76 441 000	76 221 000
Total Retained Equity	5 477 000	4 830 000	4 307 000	3 289 000
Total Equity	12 027 000	11 380 000	10 857 000	9 839 000
Total Long-Term Debt	62 206 000	63 078 000	64 122 000	65 512 000
Total Current Debt	902 000	1 819 000	1 463 000	871 000
Total Equity and Debt	75 135 000	76 278 000	76 441 000	76 221 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	93 000	6 530 000	6 271 000	0
Other Income	6 604 000	222 000	190 000	5 708 000
Revenue	6 697 000	6 751 000	6 461 000	5 708 000
Cost of Goods Sold	1 000	0	0	0
Salary Costs	1 582 000	1 776 000	1 536 000	1 119 000
Depreciation	107 000	166 000	159 000	154 000
Impairment	0	0	0	0
Expenditure	4 455 000	4 725 000	3 941 000	3 754 000
Operating Profit	2 241 000	2 026 000	2 520 000	1 954 000
Financial Income	7 000	9 000	7 000	9 000
Financial Costs	1 538 000	1 426 000	1 480 000	1 318 000
Financial Balance	−1 531 000	−1 417 000	−1 473 000	−1 309 000
Dividends	0	0	0	0
Net Income	647 000	523 000	1 018 000	613 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	73 242 000	69 904 000	69 176 000	74 482 000
Machinery and Plant Facilities	8 000	16 000	24 000	33 000
Fixtures	42 000	109 000	230 000	246 000
Total Tangible Assets	73 291 000	70 029 000	69 430 000	74 760 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	73 291 000	70 029 000	69 430 000	74 760 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 754 000	6 064 000	6 801 000	1 187 000
Total Current Assets	1 844 000	6 249 000	7 011 000	1 461 000
Total Assets	75 135 000	76 278 000	76 441 000	76 221 000
Total Equity	12 027 000	11 380 000	10 857 000	9 839 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	62 206 000	63 078 000	64 122 000	65 512 000
Creditors	204 000	1 009 000	62 000	204 000
Unpaid Taxes	51 000	92 000	62 000	138 000
Dividends	0	0	0	0
Other Current Debt	583 000	632 000	1 310 000	496 000
Total Current Debt	902 000	1 819 000	1 463 000	871 000
Total Equity and Debt	75 135 000	76 278 000	76 441 000	76 221 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,38 %	4,6 %	9,38 %	6,23 %
Debt-to-Equity Ratio	5,17	5,54	5,91	6,66
Operating Profit Margin	33,46 %	30,01 %	39 %	34,23 %
Current Ratio	2,04	3,44	4,79	1,68
Quick Ratio	2,04	3,44	4,79	1,68
Equity Ratio	0,16	0,15	0,14	0,13
Gross Profit Margin	99,99 %	100 %	100 %	100 %