HEMSEDALSBRUKET AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

20,94 %

Current Ratio

1,65

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	755 000	648 000	637 000	551 000
Net Income	267 000	294 000	200 000	216 000
Total Assets	1 766 000	1 750 000	1 772 000	1 642 000
Total Equity	1 275 000	1 248 000	1 194 000	1 234 000

Income (NOK)	2022	2021	2020	2019
Revenue	755 000	648 000	637 000	551 000
Expenditure	413 000	270 000	380 000	276 000
Operating Profit	343 000	378 000	257 000	276 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	−1 000	0	0
Financial Balance	0	1 000	1 000	1 000
Earnings Before Tax	343 000	377 000	257 000	276 000
Tax	75 000	83 000	57 000	61 000
Net Income	267 000	294 000	200 000	216 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	984 000	1 046 000	1 108 000	950 000
Total Current Assets	781 000	704 000	663 000	692 000
Total Assets	1 766 000	1 750 000	1 772 000	1 642 000
Total Retained Equity	675 000	648 000	594 000	634 000
Total Equity	1 275 000	1 248 000	1 194 000	1 234 000
Total Long-Term Debt	17 000	22 000	26 000	28 000
Total Current Debt	473 000	405 000	551 000	381 000
Total Equity and Debt	1 766 000	1 750 000	1 772 000	1 642 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	755 000	648 000	637 000	551 000
Revenue	755 000	648 000	637 000	551 000
Cost of Goods Sold	0	0	0	0
Salary Costs	25 000	3 000	30 000	26 000
Depreciation	62 000	62 000	52 000	48 000
Impairment	0	0	0	0
Expenditure	413 000	270 000	380 000	276 000
Operating Profit	343 000	378 000	257 000	276 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	−1 000	0	0
Financial Balance	0	1 000	1 000	1 000
Dividends	240 000	240 000	240 000	240 000
Net Income	267 000	294 000	200 000	216 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	984 000	1 046 000	1 108 000	950 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	984 000	1 046 000	1 108 000	950 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	984 000	1 046 000	1 108 000	950 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	668 000	591 000	532 000	653 000
Total Current Assets	781 000	704 000	663 000	692 000
Total Assets	1 766 000	1 750 000	1 772 000	1 642 000
Total Equity	1 275 000	1 248 000	1 194 000	1 234 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 000	22 000	26 000	28 000
Creditors	44 000	13 000	36 000	4 000
Unpaid Taxes	0	15 000	27 000	17 000
Dividends	240 000	240 000	240 000	240 000
Other Current Debt	19 000	50 000	89 000	55 000
Total Current Debt	473 000	405 000	551 000	381 000
Total Equity and Debt	1 766 000	1 750 000	1 772 000	1 642 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,94 %	23,56 %	16,75 %	17,5 %
Debt-to-Equity Ratio	0,01	0,02	0,02	0,02
Operating Profit Margin	45,43 %	58,33 %	40,35 %	50,09 %
Current Ratio	1,65	1,74	1,2	1,82
Quick Ratio	1,65	1,74	1,2	1,82
Equity Ratio	0,72	0,71	0,67	0,75
Gross Profit Margin	100 %	100 %	100 %	100 %