NORWEGIAN HERRING KING AS

4262 AVALDSNES

Finances

Share Ownership

Return on Equity

16 %

Current Ratio

1,8

Debt-to-Equity Ratio

4,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 360 000	2 360 000	2 375 000	2 360 000
Net Income	731 000	877 000	796 000	661 000
Total Assets	23 540 000	23 640 000	24 018 000	26 767 000
Total Equity	4 568 000	3 837 000	2 960 000	2 663 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 360 000	2 360 000	2 375 000	2 360 000
Expenditure	686 000	677 000	675 000	738 000
Operating Profit	1 674 000	1 683 000	1 700 000	1 622 000
Financial Income	0	0	0	0
Financial Costs	737 000	558 000	679 000	775 000
Financial Balance	−737 000	−558 000	−679 000	−775 000
Earnings Before Tax	937 000	1 125 000	1 021 000	848 000
Tax	206 000	247 000	225 000	187 000
Net Income	731 000	877 000	796 000	661 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 735 000	22 930 000	23 343 000	26 219 000
Total Current Assets	805 000	709 000	675 000	548 000
Total Assets	23 540 000	23 640 000	24 018 000	26 767 000
Total Retained Equity	3 240 000	2 509 000	1 632 000	836 000
Total Equity	4 568 000	3 837 000	2 960 000	2 663 000
Total Long-Term Debt	18 527 000	17 351 000	18 147 000	19 234 000
Total Current Debt	446 000	2 451 000	2 911 000	4 870 000
Total Equity and Debt	23 540 000	23 640 000	24 018 000	26 767 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 360 000	2 360 000	2 375 000	2 360 000
Revenue	2 360 000	2 360 000	2 375 000	2 360 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	413 000	413 000	412 000	412 000
Impairment	0	0	0	0
Expenditure	686 000	677 000	675 000	738 000
Operating Profit	1 674 000	1 683 000	1 700 000	1 622 000
Financial Income	0	0	0	0
Financial Costs	737 000	558 000	679 000	775 000
Financial Balance	−737 000	−558 000	−679 000	−775 000
Dividends	0	0	0	0
Net Income	731 000	877 000	796 000	661 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	22 735 000	22 930 000	23 343 000	26 219 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	22 735 000	22 930 000	23 343 000	26 219 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 735 000	22 930 000	23 343 000	26 219 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	276 000	270 000	237 000	88 000
Total Current Assets	805 000	709 000	675 000	548 000
Total Assets	23 540 000	23 640 000	24 018 000	26 767 000
Total Equity	4 568 000	3 837 000	2 960 000	2 663 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 527 000	17 351 000	18 147 000	19 234 000
Creditors	0	9 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	300 000	2 265 000	2 770 000	4 780 000
Total Current Debt	446 000	2 451 000	2 911 000	4 870 000
Total Equity and Debt	23 540 000	23 640 000	24 018 000	26 767 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16 %	22,86 %	26,89 %	24,82 %
Debt-to-Equity Ratio	4,06	4,52	6,13	7,22
Operating Profit Margin	70,93 %	71,31 %	71,58 %	68,73 %
Current Ratio	1,8	0,29	0,23	0,11
Quick Ratio	1,8	0,29	0,23	0,11
Equity Ratio	0,19	0,16	0,12	0,1
Gross Profit Margin	100 %	100 %	100 %	100 %