HESTØ OG KARLSENS TRANSPORT AS

8900 BRØNNØYSUND

Finances

Share Ownership

Return on Equity

19,46 %

Current Ratio

1,5

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 245 000	9 340 000	9 172 000	7 947 000
Net Income	93 000	−190 000	178 000	258 000
Total Assets	1 525 000	1 605 000	2 213 000	1 660 000
Total Equity	478 000	385 000	575 000	397 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 245 000	9 340 000	9 172 000	7 947 000
Expenditure	5 121 000	9 562 000	8 908 000	7 620 000
Operating Profit	124 000	−222 000	263 000	327 000
Financial Income	13 000	2 000	0	0
Financial Costs	18 000	20 000	35 000	33 000
Financial Balance	−5 000	−18 000	−35 000	−33 000
Earnings Before Tax	120 000	−240 000	228 000	295 000
Tax	27 000	−50 000	50 000	37 000
Net Income	93 000	−190 000	178 000	258 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	80 000	183 000	401 000	439 000
Total Current Assets	1 446 000	1 422 000	1 812 000	1 221 000
Total Assets	1 525 000	1 605 000	2 213 000	1 660 000
Total Retained Equity	378 000	285 000	475 000	297 000
Total Equity	478 000	385 000	575 000	397 000
Total Long-Term Debt	81 000	124 000	244 000	103 000
Total Current Debt	966 000	1 095 000	1 394 000	1 159 000
Total Equity and Debt	1 525 000	1 605 000	2 213 000	1 660 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 243 000	9 207 000	9 172 000	7 750 000
Other Income	2 000	133 000	0	197 000
Revenue	5 245 000	9 340 000	9 172 000	7 947 000
Cost of Goods Sold	80 000	234 000	145 000	93 000
Salary Costs	2 604 000	4 909 000	4 372 000	3 805 000
Depreciation	95 000	126 000	121 000	97 000
Impairment	0	0	0	0
Expenditure	5 121 000	9 562 000	8 908 000	7 620 000
Operating Profit	124 000	−222 000	263 000	327 000
Financial Income	13 000	2 000	0	0
Financial Costs	18 000	20 000	35 000	33 000
Financial Balance	−5 000	−18 000	−35 000	−33 000
Dividends	0	0	0	0
Net Income	93 000	−190 000	178 000	258 000

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	80 000	174 000	300 000	271 000
Total Tangible Assets	80 000	174 000	300 000	271 000
Total Fiancial Fixed Assets	0	9 000	101 000	168 000
Total Fixed Assets	80 000	183 000	401 000	439 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	747 000	899 000	710 000	218 000
Total Current Assets	1 446 000	1 422 000	1 812 000	1 221 000
Total Assets	1 525 000	1 605 000	2 213 000	1 660 000
Total Equity	478 000	385 000	575 000	397 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	81 000	124 000	244 000	103 000
Creditors	390 000	254 000	454 000	446 000
Unpaid Taxes	249 000	288 000	440 000	285 000
Dividends	0	0	0	0
Other Current Debt	327 000	553 000	500 000	428 000
Total Current Debt	966 000	1 095 000	1 394 000	1 159 000
Total Equity and Debt	1 525 000	1 605 000	2 213 000	1 660 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,46 %	−49,35 %	30,96 %	64,99 %
Debt-to-Equity Ratio	0,17	0,32	0,42	0,26
Operating Profit Margin	2,36 %	−2,38 %	2,87 %	4,11 %
Current Ratio	1,5	1,3	1,3	1,05
Quick Ratio	1,5	1,3	1,3	1,05
Equity Ratio	0,31	0,24	0,26	0,24
Gross Profit Margin	98,47 %	97,49 %	98,42 %	98,83 %