HJELSETH HOLDING AS

4314 SANDNES

Finances

Return on Equity

39,56 %

Current Ratio

1,93

Debt-to-Equity Ratio

1,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 798 000	85 022 000	0	0
Net Income	7 778 000	9 629 000	8 493 000	2 418 000
Total Assets	69 113 000	61 221 000	24 611 000	20 292 000
Total Equity	19 663 000	18 286 000	19 650 000	11 157 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 798 000	85 022 000	0	0
Expenditure	89 560 000	72 094 000	31 000	30 000
Operating Profit	11 239 000	12 927 000	−31 000	−30 000
Financial Income	13 000	17 000	8 518 000	2 530 000
Financial Costs	1 279 000	713 000	0	0
Financial Balance	−1 266 000	−696 000	8 518 000	2 530 000
Earnings Before Tax	9 974 000	12 231 000	8 487 000	2 500 000
Tax	2 196 000	2 602 000	−7 000	82 000
Net Income	7 778 000	9 629 000	8 493 000	2 418 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 170 000	36 543 000	16 074 000	17 715 000
Total Current Assets	29 943 000	24 678 000	8 537 000	2 576 000
Total Assets	69 113 000	61 221 000	24 611 000	20 292 000
Total Retained Equity	14 740 000	6 962 000	8 327 000	−167 000
Total Equity	19 663 000	18 286 000	19 650 000	11 157 000
Total Long-Term Debt	33 972 000	28 571 000	0	0
Total Current Debt	15 477 000	14 364 000	4 961 000	9 135 000
Total Equity and Debt	69 113 000	61 221 000	24 611 000	20 292 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	98 389 000	82 297 000	0	0
Other Income	2 410 000	2 725 000	0	0
Revenue	100 798 000	85 022 000	0	0
Cost of Goods Sold	45 656 000	35 594 000	0	0
Salary Costs	29 610 000	26 650 000	0	0
Depreciation	8 269 000	5 936 000	0	0
Impairment	0	0	0	0
Expenditure	89 560 000	72 094 000	31 000	30 000
Operating Profit	11 239 000	12 927 000	−31 000	−30 000
Financial Income	13 000	17 000	8 518 000	2 530 000
Financial Costs	1 279 000	713 000	0	0
Financial Balance	−1 266 000	−696 000	8 518 000	2 530 000
Dividends	6 400 000	4 350 000	0	2 500 000
Net Income	7 778 000	9 629 000	8 493 000	2 418 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	7 000	0
Real Eastate	27 559 000	26 399 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 610 000	10 144 000	0	0
Total Tangible Assets	39 170 000	36 543 000	0	0
Total Fiancial Fixed Assets	0	0	16 067 000	17 715 000
Total Fixed Assets	39 170 000	36 543 000	16 074 000	17 715 000
Stock	8 361 000	6 574 000	0	0
Total Investments	0	0	0	0
Cash, Bank	6 948 000	5 408 000	20 000	46 000
Total Current Assets	29 943 000	24 678 000	8 537 000	2 576 000
Total Assets	69 113 000	61 221 000	24 611 000	20 292 000
Total Equity	19 663 000	18 286 000	19 650 000	11 157 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	33 972 000	28 571 000	0	0
Creditors	6 050 000	5 050 000	0	0
Unpaid Taxes	4 268 000	4 452 000	0	0
Dividends	6 400 000	4 350 000	0	2 500 000
Other Current Debt	2 963 000	2 334 000	4 961 000	6 635 000
Total Current Debt	15 477 000	14 364 000	4 961 000	9 135 000
Total Equity and Debt	69 113 000	61 221 000	24 611 000	20 292 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,56 %	52,66 %	43,22 %	21,67 %
Debt-to-Equity Ratio	1,73	1,56	0	0
Operating Profit Margin	11,15 %	15,2 %	-	-
Current Ratio	1,93	1,72	1,72	0,28
Quick Ratio	4,21	3,17	1,72	0,28
Equity Ratio	0,28	0,3	0,8	0,55
Gross Profit Margin	54,71 %	58,14 %	-	-