HINNSTEIN AS

9405 HARSTAD

Finances

Share Ownership

Return on Equity

35,33 %

Current Ratio

1,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	46 249 000	29 264 000	24 321 000	26 321 000
Net Income	1 989 000	258 000	233 000	−434 000
Total Assets	21 176 000	10 441 000	8 599 000	9 902 000
Total Equity	5 629 000	3 558 000	3 300 000	3 159 000

Income (NOK)	2022	2021	2020	2019
Revenue	46 249 000	29 264 000	24 321 000	26 321 000
Expenditure	43 708 000	28 856 000	23 983 000	26 850 000
Operating Profit	2 542 000	406 000	337 000	−530 000
Financial Income	93 000	1 000	6 000	31 000
Financial Costs	84 000	70 000	39 000	52 000
Financial Balance	9 000	−69 000	−33 000	−21 000
Earnings Before Tax	2 551 000	338 000	304 000	−550 000
Tax	561 000	80 000	71 000	−115 000
Net Income	1 989 000	258 000	233 000	−434 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 415 000	697 000	810 000	764 000
Total Current Assets	19 760 000	9 744 000	7 789 000	9 138 000
Total Assets	21 176 000	10 441 000	8 599 000	9 902 000
Total Retained Equity	4 600 000	2 545 000	2 287 000	2 131 000
Total Equity	5 629 000	3 558 000	3 300 000	3 159 000
Total Long-Term Debt	0	671 000	1 069 000	1 268 000
Total Current Debt	15 547 000	6 212 000	4 230 000	5 475 000
Total Equity and Debt	21 176 000	10 441 000	8 599 000	9 902 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	46 249 000	29 144 000	24 321 000	26 202 000
Other Income	0	120 000	0	119 000
Revenue	46 249 000	29 264 000	24 321 000	26 321 000
Cost of Goods Sold	5 698 000	1 920 000	1 945 000	4 634 000
Salary Costs	27 135 000	20 680 000	17 393 000	16 909 000
Depreciation	260 000	240 000	167 000	172 000
Impairment	0	0	0	0
Expenditure	43 708 000	28 856 000	23 983 000	26 850 000
Operating Profit	2 542 000	406 000	337 000	−530 000
Financial Income	93 000	1 000	6 000	31 000
Financial Costs	84 000	70 000	39 000	52 000
Financial Balance	9 000	−69 000	−33 000	−21 000
Dividends	0	0	0	0
Net Income	1 989 000	258 000	233 000	−434 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	495 000	110 000	179 000	266 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	920 000	587 000	631 000	498 000
Total Tangible Assets	920 000	587 000	631 000	498 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 415 000	697 000	810 000	764 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 698 000	4 225 000	2 658 000	2 298 000
Total Current Assets	19 760 000	9 744 000	7 789 000	9 138 000
Total Assets	21 176 000	10 441 000	8 599 000	9 902 000
Total Equity	5 629 000	3 558 000	3 300 000	3 159 000
Short-Term Group Debt	0	0	0	94 000
Total Long-Term Debt	0	671 000	1 069 000	1 268 000
Creditors	2 238 000	727 000	408 000	1 216 000
Unpaid Taxes	3 544 000	2 381 000	1 458 000	1 510 000
Dividends	0	0	0	0
Other Current Debt	8 810 000	2 743 000	2 364 000	2 655 000
Total Current Debt	15 547 000	6 212 000	4 230 000	5 475 000
Total Equity and Debt	21 176 000	10 441 000	8 599 000	9 902 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,33 %	7,25 %	7,06 %	−13,74 %
Debt-to-Equity Ratio	0	0,19	0,32	0,4
Operating Profit Margin	5,5 %	1,39 %	1,39 %	−2,01 %
Current Ratio	1,27	1,57	1,84	1,67
Quick Ratio	1,27	1,57	1,84	1,67
Equity Ratio	0,27	0,34	0,38	0,32
Gross Profit Margin	87,68 %	93,44 %	92 %	82,39 %