HESBYNETT AS

4014 STAVANGER

Finances

Share Ownership

Return on Equity

43,03 %

Current Ratio

0,38

Debt-to-Equity Ratio

−0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 910 000	12 036 000	12 086 000	13 408 000
Net Income	−519 000	202 000	24 000	219 000
Total Assets	2 942 000	3 009 000	3 112 000	4 261 000
Total Equity	−1 206 000	−687 000	−889 000	−913 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 910 000	12 036 000	12 086 000	13 408 000
Expenditure	12 221 000	12 067 000	12 184 000	13 455 000
Operating Profit	−311 000	270 000	149 000	312 000
Financial Income	4 000	8 000	11 000	10 000
Financial Costs	212 000	76 000	136 000	103 000
Financial Balance	−208 000	−68 000	−125 000	−93 000
Earnings Before Tax	−519 000	202 000	24 000	219 000
Tax	0	0	0	0
Net Income	−519 000	202 000	24 000	219 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 597 000	1 758 000	1 784 000	1 726 000
Total Current Assets	1 344 000	1 250 000	1 328 000	2 535 000
Total Assets	2 942 000	3 009 000	3 112 000	4 261 000
Total Retained Equity	−3 706 000	−3 187 000	−3 389 000	−3 413 000
Total Equity	−1 206 000	−687 000	−889 000	−913 000
Total Long-Term Debt	596 000	596 000	596 000	700 000
Total Current Debt	3 552 000	3 100 000	3 405 000	4 474 000
Total Equity and Debt	2 942 000	3 009 000	3 112 000	4 261 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 910 000	12 041 000	12 086 000	13 311 000
Other Income	0	−5 000	0	96 000
Revenue	11 910 000	12 036 000	12 086 000	13 408 000
Cost of Goods Sold	5 931 000	6 156 000	6 550 000	7 051 000
Salary Costs	4 391 000	3 978 000	3 793 000	4 214 000
Depreciation	431 000	345 000	414 000	395 000
Impairment	0	0	0	0
Expenditure	12 221 000	12 067 000	12 184 000	13 455 000
Operating Profit	−311 000	270 000	149 000	312 000
Financial Income	4 000	8 000	11 000	10 000
Financial Costs	212 000	76 000	136 000	103 000
Financial Balance	−208 000	−68 000	−125 000	−93 000
Dividends	0	0	0	0
Net Income	−519 000	202 000	24 000	219 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	340 000	459 000	344 000	359 000
Real Eastate	0	0	6 000	25 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	871 000	815 000	949 000	844 000
Total Tangible Assets	871 000	815 000	955 000	868 000
Total Fiancial Fixed Assets	386 000	484 000	484 000	499 000
Total Fixed Assets	1 597 000	1 758 000	1 784 000	1 726 000
Stock	178 000	196 000	207 000	229 000
Total Investments	0	0	0	0
Cash, Bank	135 000	156 000	76 000	196 000
Total Current Assets	1 344 000	1 250 000	1 328 000	2 535 000
Total Assets	2 942 000	3 009 000	3 112 000	4 261 000
Total Equity	−1 206 000	−687 000	−889 000	−913 000
Short-Term Group Debt	230 000	0	0	0
Total Long-Term Debt	596 000	596 000	596 000	700 000
Creditors	292 000	355 000	261 000	713 000
Unpaid Taxes	564 000	498 000	361 000	559 000
Dividends	0	0	0	0
Other Current Debt	1 337 000	1 523 000	1 388 000	1 470 000
Total Current Debt	3 552 000	3 100 000	3 405 000	4 474 000
Total Equity and Debt	2 942 000	3 009 000	3 112 000	4 261 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,03 %	−29,4 %	−2,7 %	−23,99 %
Debt-to-Equity Ratio	−0,49	−0,87	−0,67	−0,77
Operating Profit Margin	−2,61 %	2,24 %	1,23 %	2,33 %
Current Ratio	0,38	0,4	0,39	0,57
Quick Ratio	0,4	0,43	0,42	0,6
Equity Ratio	−0,41	−0,23	−0,29	−0,21
Gross Profit Margin	50,2 %	48,85 %	45,81 %	47,41 %