HESTENES AS

6770 NORDFJORDEID

Finances

Return on Equity

89,13 %

Current Ratio

1,16

Debt-to-Equity Ratio

4,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 427 000	1 776 000	1 846 000	1 821 000
Net Income	41 000	−109 000	−31 000	−15 000
Total Assets	457 000	241 000	360 000	371 000
Total Equity	46 000	4 000	114 000	145 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 427 000	1 776 000	1 846 000	1 821 000
Expenditure	1 376 000	1 885 000	1 875 000	1 832 000
Operating Profit	52 000	−109 000	−30 000	−12 000
Financial Income	2 000	0	0	0
Financial Costs	12 000	0	1 000	3 000
Financial Balance	−10 000	0	−1 000	−3 000
Earnings Before Tax	41 000	−109 000	−31 000	−15 000
Tax	0	0	0	0
Net Income	41 000	−109 000	−31 000	−15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	242 000	7 000	29 000	51 000
Total Current Assets	215 000	234 000	331 000	319 000
Total Assets	457 000	241 000	360 000	371 000
Total Retained Equity	19 000	−23 000	87 000	118 000
Total Equity	46 000	4 000	114 000	145 000
Total Long-Term Debt	225 000	0	0	31 000
Total Current Debt	186 000	237 000	246 000	195 000
Total Equity and Debt	457 000	241 000	360 000	371 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 388 000	1 774 000	1 844 000	1 812 000
Other Income	39 000	1 000	2 000	9 000
Revenue	1 427 000	1 776 000	1 846 000	1 821 000
Cost of Goods Sold	438 000	533 000	671 000	1 062 000
Salary Costs	598 000	996 000	893 000	439 000
Depreciation	32 000	22 000	22 000	22 000
Impairment	0	0	0	0
Expenditure	1 376 000	1 885 000	1 875 000	1 832 000
Operating Profit	52 000	−109 000	−30 000	−12 000
Financial Income	2 000	0	0	0
Financial Costs	12 000	0	1 000	3 000
Financial Balance	−10 000	0	−1 000	−3 000
Dividends	0	0	0	0
Net Income	41 000	−109 000	−31 000	−15 000

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	242 000	7 000	29 000	51 000
Total Tangible Assets	242 000	7 000	29 000	51 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	242 000	7 000	29 000	51 000
Stock	94 000	101 000	151 000	202 000
Total Investments	0	0	0	0
Cash, Bank	70 000	99 000	78 000	86 000
Total Current Assets	215 000	234 000	331 000	319 000
Total Assets	457 000	241 000	360 000	371 000
Total Equity	46 000	4 000	114 000	145 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	225 000	0	0	31 000
Creditors	50 000	23 000	44 000	72 000
Unpaid Taxes	69 000	108 000	110 000	78 000
Dividends	0	0	0	0
Other Current Debt	67 000	106 000	92 000	45 000
Total Current Debt	186 000	237 000	246 000	195 000
Total Equity and Debt	457 000	241 000	360 000	371 000

Financial indicators	2022	2021	2020	2019
Return on Equity	89,13 %	−2 725 %	−27,19 %	−10,34 %
Debt-to-Equity Ratio	4,89	0	0	0,21
Operating Profit Margin	3,64 %	−6,14 %	−1,63 %	−0,66 %
Current Ratio	1,16	0,99	1,35	1,64
Quick Ratio	2,34	1,72	3,48	−45,57
Equity Ratio	0,1	0,02	0,32	0,39
Gross Profit Margin	69,31 %	69,99 %	63,65 %	41,68 %