HERØYA NETT AS

3936 PORSGRUNN

Finances

Share Ownership

Return on Equity

67,56 %

Current Ratio

0,35

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	182 787 000	109 839 000	91 899 000	107 295 000
Net Income	26 308 000	7 509 000	−2 561 000	4 314 000
Total Assets	180 121 000	131 026 000	89 516 000	87 811 000
Total Equity	38 941 000	34 528 000	26 645 000	52 444 000

Income (NOK)	2022	2021	2020	2019
Revenue	182 787 000	109 839 000	91 899 000	107 295 000
Expenditure	147 254 000	99 975 000	95 435 000	101 983 000
Operating Profit	35 532 000	9 865 000	−3 536 000	5 312 000
Financial Income	480 000	163 000	376 000	391 000
Financial Costs	2 296 000	425 000	141 000	155 000
Financial Balance	−1 816 000	−262 000	235 000	236 000
Earnings Before Tax	33 717 000	9 603 000	−3 301 000	5 548 000
Tax	7 409 000	2 094 000	−740 000	1 234 000
Net Income	26 308 000	7 509 000	−2 561 000	4 314 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	132 446 000	92 628 000	61 863 000	46 126 000
Total Current Assets	47 675 000	38 398 000	27 653 000	41 685 000
Total Assets	180 121 000	131 026 000	89 516 000	87 811 000
Total Retained Equity	34 786 000	30 374 000	22 490 000	48 289 000
Total Equity	38 941 000	34 528 000	26 645 000	52 444 000
Total Long-Term Debt	4 396 000	5 772 000	6 343 000	5 793 000
Total Current Debt	136 783 000	90 725 000	56 529 000	29 575 000
Total Equity and Debt	180 121 000	131 026 000	89 516 000	87 811 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	182 753 000	109 839 000	91 899 000	107 295 000
Other Income	34 000	0	0	0
Revenue	182 787 000	109 839 000	91 899 000	107 295 000
Cost of Goods Sold	87 188 000	0	0	0
Salary Costs	32 367 000	31 331 000	29 358 000	27 629 000
Depreciation	3 731 000	3 226 000	2 755 000	2 498 000
Impairment	0	0	61 000	33 000
Expenditure	147 254 000	99 975 000	95 435 000	101 983 000
Operating Profit	35 532 000	9 865 000	−3 536 000	5 312 000
Financial Income	480 000	163 000	376 000	391 000
Financial Costs	2 296 000	425 000	141 000	155 000
Financial Balance	−1 816 000	−262 000	235 000	236 000
Dividends	0	0	0	0
Net Income	26 308 000	7 509 000	−2 561 000	4 314 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	422 000	1 655 000	3 855 000	133 000
Real Eastate	88 890 000	78 579 000	48 302 000	35 014 000
Machinery and Plant Facilities	2 200 000	12 394 000	9 706 000	10 979 000
Fixtures	0	0	0	0
Total Tangible Assets	132 025 000	90 973 000	58 008 000	45 994 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	132 446 000	92 628 000	61 863 000	46 126 000
Stock	657 000	657 000	722 000	143 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	47 675 000	38 398 000	27 653 000	41 685 000
Total Assets	180 121 000	131 026 000	89 516 000	87 811 000
Total Equity	38 941 000	34 528 000	26 645 000	52 444 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 396 000	5 772 000	6 343 000	5 793 000
Creditors	39 090 000	20 098 000	9 276 000	17 456 000
Unpaid Taxes	2 071 000	1 873 000	1 697 000	1 348 000
Dividends	0	0	0	0
Other Current Debt	95 623 000	68 754 000	45 555 000	10 771 000
Total Current Debt	136 783 000	90 725 000	56 529 000	29 575 000
Total Equity and Debt	180 121 000	131 026 000	89 516 000	87 811 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,56 %	21,75 %	−9,61 %	8,23 %
Debt-to-Equity Ratio	0,11	0,17	0,24	0,11
Operating Profit Margin	19,44 %	8,98 %	−3,85 %	4,95 %
Current Ratio	0,35	0,42	0,49	1,41
Quick Ratio	0,35	0,43	0,5	1,42
Equity Ratio	0,22	0,26	0,3	0,6
Gross Profit Margin	52,3 %	100 %	100 %	100 %