HANESETH LOFOTEN AS

8314 GIMSØYSAND

Finances

Return on Equity

6,51 %

Current Ratio

1,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 933 000	21 437 000	20 867 000	17 411 000
Net Income	270 000	570 000	402 000	630 000
Total Assets	10 185 000	8 511 000	8 559 000	7 102 000
Total Equity	4 148 000	4 178 000	3 908 000	3 506 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 933 000	21 437 000	20 867 000	17 411 000
Expenditure	24 578 000	20 685 000	20 439 000	16 527 000
Operating Profit	355 000	751 000	429 000	884 000
Financial Income	2 000	12 000	18 000	22 000
Financial Costs	7 000	6 000	7 000	28 000
Financial Balance	−5 000	6 000	11 000	−6 000
Earnings Before Tax	351 000	757 000	439 000	878 000
Tax	80 000	187 000	37 000	248 000
Net Income	270 000	570 000	402 000	630 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	216 000	248 000	628 000	482 000
Total Current Assets	9 969 000	8 263 000	7 931 000	6 620 000
Total Assets	10 185 000	8 511 000	8 559 000	7 102 000
Total Retained Equity	1 804 000	1 834 000	1 563 000	1 162 000
Total Equity	4 148 000	4 178 000	3 908 000	3 506 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 037 000	4 333 000	4 651 000	3 596 000
Total Equity and Debt	10 185 000	8 511 000	8 559 000	7 102 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 341 000	22 291 000	19 171 000	17 864 000
Other Income	−1 408 000	−854 000	1 696 000	−453 000
Revenue	24 933 000	21 437 000	20 867 000	17 411 000
Cost of Goods Sold	9 456 000	7 804 000	6 996 000	5 526 000
Salary Costs	10 199 000	9 345 000	9 698 000	7 973 000
Depreciation	79 000	73 000	90 000	86 000
Impairment	0	0	0	0
Expenditure	24 578 000	20 685 000	20 439 000	16 527 000
Operating Profit	355 000	751 000	429 000	884 000
Financial Income	2 000	12 000	18 000	22 000
Financial Costs	7 000	6 000	7 000	28 000
Financial Balance	−5 000	6 000	11 000	−6 000
Dividends	300 000	300 000	0	0
Net Income	270 000	570 000	402 000	630 000

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	179 000	205 000	279 000	152 000
Total Tangible Assets	179 000	205 000	279 000	152 000
Total Fiancial Fixed Assets	37 000	43 000	350 000	330 000
Total Fixed Assets	216 000	248 000	628 000	482 000
Stock	1 453 000	1 710 000	1 100 000	968 000
Total Investments	0	0	0	0
Cash, Bank	4 116 000	1 355 000	280 000	1 637 000
Total Current Assets	9 969 000	8 263 000	7 931 000	6 620 000
Total Assets	10 185 000	8 511 000	8 559 000	7 102 000
Total Equity	4 148 000	4 178 000	3 908 000	3 506 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 431 000	1 844 000	2 426 000	1 386 000
Unpaid Taxes	1 244 000	1 109 000	1 152 000	1 113 000
Dividends	300 000	300 000	0	0
Other Current Debt	982 000	893 000	1 037 000	850 000
Total Current Debt	6 037 000	4 333 000	4 651 000	3 596 000
Total Equity and Debt	10 185 000	8 511 000	8 559 000	7 102 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,51 %	13,64 %	10,29 %	17,97 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,42 %	3,5 %	2,06 %	5,08 %
Current Ratio	1,65	1,91	1,71	1,84
Quick Ratio	2,17	3,15	2,23	2,52
Equity Ratio	0,41	0,49	0,46	0,49
Gross Profit Margin	62,07 %	63,6 %	66,47 %	68,26 %