HJELLEN / AARSNES INVEST AS

6153 ØRSTA

Finances

Return on Equity

49,34 %

Current Ratio

0,46

Debt-to-Equity Ratio

2,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 592 000	1 069 000	1 268 000	1 429 000
Net Income	639 000	−23 000	391 000	−510 000
Total Assets	6 080 000	7 236 000	6 072 000	5 786 000
Total Equity	1 295 000	656 000	679 000	288 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 592 000	1 069 000	1 268 000	1 429 000
Expenditure	2 173 000	893 000	1 118 000	1 859 000
Operating Profit	420 000	176 000	151 000	−429 000
Financial Income	641 000	0	575 000	0
Financial Costs	242 000	206 000	225 000	223 000
Financial Balance	399 000	−206 000	350 000	−223 000
Earnings Before Tax	819 000	−30 000	501 000	−652 000
Tax	180 000	−6 000	110 000	−142 000
Net Income	639 000	−23 000	391 000	−510 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 174 000	6 636 000	5 070 000	5 596 000
Total Current Assets	906 000	600 000	1 002 000	191 000
Total Assets	6 080 000	7 236 000	6 072 000	5 786 000
Total Retained Equity	1 195 000	556 000	579 000	188 000
Total Equity	1 295 000	656 000	679 000	288 000
Total Long-Term Debt	2 836 000	4 322 000	4 641 000	5 143 000
Total Current Debt	1 949 000	2 258 000	752 000	355 000
Total Equity and Debt	6 080 000	7 236 000	6 072 000	5 786 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 777 000	566 000	1 064 000	1 263 000
Other Income	816 000	504 000	204 000	166 000
Revenue	2 592 000	1 069 000	1 268 000	1 429 000
Cost of Goods Sold	1 515 000	0	109 000	871 000
Salary Costs	0	0	0	0
Depreciation	424 000	554 000	609 000	627 000
Impairment	0	0	0	0
Expenditure	2 173 000	893 000	1 118 000	1 859 000
Operating Profit	420 000	176 000	151 000	−429 000
Financial Income	641 000	0	575 000	0
Financial Costs	242 000	206 000	225 000	223 000
Financial Balance	399 000	−206 000	350 000	−223 000
Dividends	0	0	0	0
Net Income	639 000	−23 000	391 000	−510 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	7 000
Total Intangible Assets	0	0	0	7 000
Real Eastate	3 732 000	3 333 000	1 599 000	1 436 000
Machinery and Plant Facilities	0	0	0	3 737 000
Fixtures	600 000	2 560 000	2 728 000	0
Total Tangible Assets	4 332 000	5 893 000	4 327 000	5 173 000
Total Fiancial Fixed Assets	843 000	743 000	743 000	415 000
Total Fixed Assets	5 174 000	6 636 000	5 070 000	5 596 000
Stock	0	0	0	0
Total Investments	0	0	0	100 000
Cash, Bank	257 000	84 000	368 000	89 000
Total Current Assets	906 000	600 000	1 002 000	191 000
Total Assets	6 080 000	7 236 000	6 072 000	5 786 000
Total Equity	1 295 000	656 000	679 000	288 000
Short-Term Group Debt	1 276 000	1 724 000	200 000	0
Total Long-Term Debt	2 836 000	4 322 000	4 641 000	5 143 000
Creditors	132 000	159 000	149 000	−15 000
Unpaid Taxes	14 000	0	53 000	75 000
Dividends	0	0	0	0
Other Current Debt	484 000	375 000	350 000	295 000
Total Current Debt	1 949 000	2 258 000	752 000	355 000
Total Equity and Debt	6 080 000	7 236 000	6 072 000	5 786 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,34 %	−3,51 %	57,58 %	−177,08 %
Debt-to-Equity Ratio	2,19	6,59	6,84	17,86
Operating Profit Margin	16,2 %	16,46 %	11,91 %	−30,02 %
Current Ratio	0,46	0,27	1,33	0,54
Quick Ratio	0,46	0,27	1,33	0,54
Equity Ratio	0,21	0,09	0,11	0,05
Gross Profit Margin	41,55 %	100 %	91,4 %	39,05 %