HESTNES EIENDOM AS

7240 HITRA

Finances

Return on Equity

−16,83 %

Current Ratio

0,19

Debt-to-Equity Ratio

2,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	115 000	270 000	120 000	120 000
Net Income	−1 577 000	−495 000	−438 000	−571 000
Total Assets	31 089 000	31 743 000	31 976 000	32 350 000
Total Equity	9 369 000	10 946 000	11 441 000	4 404 000

Income (NOK)	2022	2021	2020	2019
Revenue	115 000	270 000	120 000	120 000
Expenditure	909 000	941 000	1 145 000	999 000
Operating Profit	−793 000	−671 000	−1 025 000	−879 000
Financial Income	645 000	633 000	1 540 000	1 777 000
Financial Costs	1 429 000	457 000	954 000	1 469 000
Financial Balance	−784 000	176 000	586 000	308 000
Earnings Before Tax	−1 577 000	−495 000	−438 000	−571 000
Tax	0	0	0	0
Net Income	−1 577 000	−495 000	−438 000	−571 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 064 000	31 702 000	30 919 000	31 442 000
Total Current Assets	24 000	41 000	1 057 000	908 000
Total Assets	31 089 000	31 743 000	31 976 000	32 350 000
Total Retained Equity	1 244 000	2 821 000	3 316 000	3 754 000
Total Equity	9 369 000	10 946 000	11 441 000	4 404 000
Total Long-Term Debt	21 590 000	20 702 000	20 465 000	27 845 000
Total Current Debt	129 000	95 000	70 000	100 000
Total Equity and Debt	31 089 000	31 743 000	31 976 000	32 350 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	115 000	270 000	120 000	120 000
Revenue	115 000	270 000	120 000	120 000
Cost of Goods Sold	0	0	0	0
Salary Costs	748 000	690 000	910 000	643 000
Depreciation	90 000	90 000	90 000	134 000
Impairment	0	0	0	0
Expenditure	909 000	941 000	1 145 000	999 000
Operating Profit	−793 000	−671 000	−1 025 000	−879 000
Financial Income	645 000	633 000	1 540 000	1 777 000
Financial Costs	1 429 000	457 000	954 000	1 469 000
Financial Balance	−784 000	176 000	586 000	308 000
Dividends	0	0	0	0
Net Income	−1 577 000	−495 000	−438 000	−571 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 380 000	1 469 000	1 559 000	1 648 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 380 000	1 469 000	1 559 000	1 648 000
Total Fiancial Fixed Assets	29 685 000	30 233 000	29 360 000	29 794 000
Total Fixed Assets	31 064 000	31 702 000	30 919 000	31 442 000
Stock	0	0	0	0
Total Investments	0	0	0	5 000
Cash, Bank	19 000	35 000	178 000	87 000
Total Current Assets	24 000	41 000	1 057 000	908 000
Total Assets	31 089 000	31 743 000	31 976 000	32 350 000
Total Equity	9 369 000	10 946 000	11 441 000	4 404 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 590 000	20 702 000	20 465 000	27 845 000
Creditors	23 000	2 000	13 000	4 000
Unpaid Taxes	0	29 000	0	19 000
Dividends	0	0	0	0
Other Current Debt	106 000	64 000	57 000	77 000
Total Current Debt	129 000	95 000	70 000	100 000
Total Equity and Debt	31 089 000	31 743 000	31 976 000	32 350 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,83 %	−4,52 %	−3,83 %	−12,97 %
Debt-to-Equity Ratio	2,3	1,89	1,79	6,32
Operating Profit Margin	−689,57 %	−248,52 %	−854,17 %	−732,5 %
Current Ratio	0,19	0,43	15,1	9,08
Quick Ratio	0,19	0,43	15,1	9,08
Equity Ratio	0,3	0,34	0,36	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %