HESTVET SIREVAAG AS

4054 TJELTA

Finances

Share Ownership

Return on Equity

13,86 %

Current Ratio

2,54

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	641 000	758 000	126 000	50 000
Net Income	28 000	105 000	53 000	−14 000
Total Assets	355 000	423 000	108 000	30 000
Total Equity	202 000	174 000	69 000	16 000

Income (NOK)	2022	2021	2020	2019
Revenue	641 000	758 000	126 000	50 000
Expenditure	592 000	624 000	62 000	64 000
Operating Profit	49 000	135 000	64 000	−14 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	0	0
Financial Balance	−3 000	0	0	0
Earnings Before Tax	46 000	135 000	64 000	−14 000
Tax	18 000	30 000	11 000	0
Net Income	28 000	105 000	53 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	152 000	122 000	0	−8 000
Total Current Assets	203 000	300 000	108 000	37 000
Total Assets	355 000	423 000	108 000	30 000
Total Retained Equity	172 000	144 000	39 000	−14 000
Total Equity	202 000	174 000	69 000	16 000
Total Long-Term Debt	73 000	102 000	0	0
Total Current Debt	80 000	147 000	39 000	13 000
Total Equity and Debt	355 000	423 000	108 000	30 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	641 000	758 000	126 000	50 000
Other Income	0	0	0	0
Revenue	641 000	758 000	126 000	50 000
Cost of Goods Sold	203 000	270 000	44 000	58 000
Salary Costs	166 000	109 000	0	0
Depreciation	50 000	36 000	0	0
Impairment	0	0	0	0
Expenditure	592 000	624 000	62 000	64 000
Operating Profit	49 000	135 000	64 000	−14 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	0	0
Financial Balance	−3 000	0	0	0
Dividends	0	0	0	0
Net Income	28 000	105 000	53 000	−14 000

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	152 000	122 000	0	0
Total Tangible Assets	152 000	122 000	0	0
Total Fiancial Fixed Assets	0	0	0	−8 000
Total Fixed Assets	152 000	122 000	0	−8 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	25 000	96 000	71 000	30 000
Total Current Assets	203 000	300 000	108 000	37 000
Total Assets	355 000	423 000	108 000	30 000
Total Equity	202 000	174 000	69 000	16 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	73 000	102 000	0	0
Creditors	18 000	39 000	24 000	13 000
Unpaid Taxes	18 000	71 000	4 000	0
Dividends	0	0	0	0
Other Current Debt	26 000	7 000	0	0
Total Current Debt	80 000	147 000	39 000	13 000
Total Equity and Debt	355 000	423 000	108 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,86 %	60,34 %	76,81 %	−87,5 %
Debt-to-Equity Ratio	0,36	0,59	0	0
Operating Profit Margin	7,64 %	17,81 %	50,79 %	−28 %
Current Ratio	2,54	2,04	2,77	2,85
Quick Ratio	2,54	2,04	2,77	2,85
Equity Ratio	0,57	0,41	0,64	0,53
Gross Profit Margin	68,33 %	64,38 %	65,08 %	−16 %