HESTÅSEN UTVIKLING AS

4630 KRISTIANSAND S

Finances

Return on Equity

16,84 %

Current Ratio

5,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	1 699 000	−325 000	−261 000	−283 000
Total Assets	12 216 000	10 509 000	10 292 000	10 571 000
Total Equity	10 087 000	−356 000	−31 000	230 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	362 000	68 000	64 000	79 000
Operating Profit	−362 000	−68 000	−64 000	−79 000
Financial Income	2 061 000	0	0	0
Financial Costs	0	257 000	197 000	205 000
Financial Balance	2 061 000	−257 000	−197 000	−205 000
Earnings Before Tax	1 699 000	−325 000	−261 000	−283 000
Tax	0	0	0	0
Net Income	1 699 000	−325 000	−261 000	−283 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	160 000	259 000	2 347 000	2 447 000
Total Current Assets	12 056 000	10 250 000	7 945 000	8 124 000
Total Assets	12 216 000	10 509 000	10 292 000	10 571 000
Total Retained Equity	1 224 000	−476 000	−151 000	110 000
Total Equity	10 087 000	−356 000	−31 000	230 000
Total Long-Term Debt	0	0	7 250 000	7 250 000
Total Current Debt	2 129 000	10 864 000	3 073 000	3 091 000
Total Equity and Debt	12 216 000	10 509 000	10 292 000	10 571 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	362 000	68 000	64 000	79 000
Operating Profit	−362 000	−68 000	−64 000	−79 000
Financial Income	2 061 000	0	0	0
Financial Costs	0	257 000	197 000	205 000
Financial Balance	2 061 000	−257 000	−197 000	−205 000
Dividends	2 000 000	0	0	0
Net Income	1 699 000	−325 000	−261 000	−283 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	160 000	259 000	2 347 000	2 447 000
Total Fixed Assets	160 000	259 000	2 347 000	2 447 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	75 000	17 000	171 000
Total Current Assets	12 056 000	10 250 000	7 945 000	8 124 000
Total Assets	12 216 000	10 509 000	10 292 000	10 571 000
Total Equity	10 087 000	−356 000	−31 000	230 000
Short-Term Group Debt	0	10 735 000	0	0
Total Long-Term Debt	0	0	7 250 000	7 250 000
Creditors	0	0	4 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	2 000 000	0	0	0
Other Current Debt	129 000	129 000	3 069 000	3 089 000
Total Current Debt	2 129 000	10 864 000	3 073 000	3 091 000
Total Equity and Debt	12 216 000	10 509 000	10 292 000	10 571 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,84 %	91,29 %	841,94 %	−123,04 %
Debt-to-Equity Ratio	0	−0	−233,87	31,52
Operating Profit Margin	-	-	-	-
Current Ratio	5,66	0,94	2,59	2,63
Quick Ratio	5,66	0,94	2,59	2,63
Equity Ratio	0,83	−0,03	−0	0,02
Gross Profit Margin	-	-	-	-