HEMSEDAL VEKSTHUS AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

22,34 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 119 000	852 000	830 000	831 000
Net Income	86 000	−92 000	−52 000	−31 000
Total Assets	809 000	697 000	670 000	598 000
Total Equity	385 000	299 000	172 000	223 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 119 000	852 000	830 000	831 000
Expenditure	1 032 000	943 000	879 000	860 000
Operating Profit	87 000	−92 000	−49 000	−29 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	1 000	3 000	3 000
Financial Balance	−1 000	−1 000	−3 000	−2 000
Earnings Before Tax	86 000	−92 000	−52 000	−31 000
Tax	0	0	0	0
Net Income	86 000	−92 000	−52 000	−31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	372 000	408 000	443 000	479 000
Total Current Assets	438 000	290 000	227 000	118 000
Total Assets	809 000	697 000	670 000	598 000
Total Retained Equity	−755 000	−841 000	−749 000	−697 000
Total Equity	385 000	299 000	172 000	223 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	424 000	399 000	499 000	375 000
Total Equity and Debt	809 000	697 000	670 000	598 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 000	−35 000	−131 000	87 000
Other Income	1 082 000	887 000	961 000	744 000
Revenue	1 119 000	852 000	830 000	831 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	36 000	36 000	36 000	36 000
Impairment	0	0	0	0
Expenditure	1 032 000	943 000	879 000	860 000
Operating Profit	87 000	−92 000	−49 000	−29 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	1 000	3 000	3 000
Financial Balance	−1 000	−1 000	−3 000	−2 000
Dividends	0	0	0	0
Net Income	86 000	−92 000	−52 000	−31 000

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	237 000	273 000	308 000	344 000
Total Tangible Assets	237 000	273 000	308 000	344 000
Total Fiancial Fixed Assets	135 000	135 000	135 000	135 000
Total Fixed Assets	372 000	408 000	443 000	479 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	27 000	255 000	61 000	43 000
Total Current Assets	438 000	290 000	227 000	118 000
Total Assets	809 000	697 000	670 000	598 000
Total Equity	385 000	299 000	172 000	223 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	128 000	100 000	126 000	44 000
Unpaid Taxes	29 000	21 000	45 000	34 000
Dividends	0	0	0	0
Other Current Debt	267 000	278 000	328 000	296 000
Total Current Debt	424 000	399 000	499 000	375 000
Total Equity and Debt	809 000	697 000	670 000	598 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,34 %	−30,77 %	−30,23 %	−13,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,77 %	−10,8 %	−5,9 %	−3,49 %
Current Ratio	1,03	0,73	0,45	0,31
Quick Ratio	1,03	0,73	0,45	0,31
Equity Ratio	0,48	0,43	0,26	0,37
Gross Profit Margin	100 %	100 %	100 %	100 %