HSE TELEMARK AS

3961 STATHELLE

Finances

Return on Equity

119,36 %

Current Ratio

2,49

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 402 000	2 004 000	2 241 000	1 943 000
Net Income	746 000	267 000	442 000	337 000
Total Assets	1 064 000	813 000	1 010 000	1 000 000
Total Equity	625 000	359 000	496 000	576 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 402 000	2 004 000	2 241 000	1 943 000
Expenditure	1 287 000	1 598 000	1 650 000	1 509 000
Operating Profit	1 115 000	406 000	590 000	433 000
Financial Income	2 000	12 000	2 000	1 000
Financial Costs	157 000	35 000	0	2 000
Financial Balance	−155 000	−23 000	2 000	−1 000
Earnings Before Tax	960 000	383 000	592 000	433 000
Tax	214 000	116 000	150 000	95 000
Net Income	746 000	267 000	442 000	337 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	99 000	247 000
Total Current Assets	1 064 000	813 000	911 000	753 000
Total Assets	1 064 000	813 000	1 010 000	1 000 000
Total Retained Equity	595 000	329 000	466 000	552 000
Total Equity	625 000	359 000	496 000	576 000
Total Long-Term Debt	13 000	0	0	0
Total Current Debt	427 000	454 000	513 000	424 000
Total Equity and Debt	1 064 000	813 000	1 010 000	1 000 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 182 000	2 004 000	2 241 000	1 943 000
Other Income	220 000	0	0	0
Revenue	2 402 000	2 004 000	2 241 000	1 943 000
Cost of Goods Sold	2 000	1 000	0	0
Salary Costs	1 104 000	1 256 000	1 178 000	1 060 000
Depreciation	0	99 000	148 000	146 000
Impairment	0	0	0	0
Expenditure	1 287 000	1 598 000	1 650 000	1 509 000
Operating Profit	1 115 000	406 000	590 000	433 000
Financial Income	2 000	12 000	2 000	1 000
Financial Costs	157 000	35 000	0	2 000
Financial Balance	−155 000	−23 000	2 000	−1 000
Dividends	480 000	405 000	528 000	0
Net Income	746 000	267 000	442 000	337 000

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	99 000	247 000
Total Tangible Assets	0	0	99 000	247 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	99 000	247 000
Stock	0	0	0	0
Total Investments	440 000	365 000	0	0
Cash, Bank	415 000	250 000	717 000	420 000
Total Current Assets	1 064 000	813 000	911 000	753 000
Total Assets	1 064 000	813 000	1 010 000	1 000 000
Total Equity	625 000	359 000	496 000	576 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 000	0	0	0
Creditors	18 000	19 000	−3 000	11 000
Unpaid Taxes	86 000	173 000	152 000	139 000
Dividends	480 000	405 000	528 000	0
Other Current Debt	121 000	147 000	215 000	161 000
Total Current Debt	427 000	454 000	513 000	424 000
Total Equity and Debt	1 064 000	813 000	1 010 000	1 000 000

Financial indicators	2022	2021	2020	2019
Return on Equity	119,36 %	74,37 %	89,11 %	58,51 %
Debt-to-Equity Ratio	0,02	0	0	0
Operating Profit Margin	46,42 %	20,26 %	26,33 %	22,29 %
Current Ratio	2,49	1,79	1,78	1,78
Quick Ratio	2,49	1,79	1,78	1,78
Equity Ratio	0,59	0,44	0,49	0,58
Gross Profit Margin	99,92 %	99,95 %	100 %	100 %