HEDRUM CEMENTSTØPERI AS

3271 LARVIK

Finances

Return on Equity

35,73 %

Current Ratio

1,86

Debt-to-Equity Ratio

0,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 976 000	29 788 000	25 853 000	22 179 000
Net Income	3 680 000	2 652 000	2 038 000	1 345 000
Total Assets	25 396 000	24 778 000	11 720 000	14 455 000
Total Equity	10 300 000	7 311 000	7 858 000	5 819 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 976 000	29 788 000	25 853 000	22 179 000
Expenditure	26 888 000	26 509 000	23 214 000	20 422 000
Operating Profit	5 088 000	3 278 000	2 639 000	1 757 000
Financial Income	5 000	123 000	8 000	10 000
Financial Costs	372 000	31 000	32 000	39 000
Financial Balance	−367 000	92 000	−24 000	−29 000
Earnings Before Tax	4 720 000	3 370 000	2 615 000	1 728 000
Tax	1 040 000	718 000	577 000	383 000
Net Income	3 680 000	2 652 000	2 038 000	1 345 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 730 000	9 782 000	3 601 000	6 674 000
Total Current Assets	10 666 000	14 996 000	8 118 000	7 781 000
Total Assets	25 396 000	24 778 000	11 720 000	14 455 000
Total Retained Equity	10 149 000	7 160 000	7 707 000	5 668 000
Total Equity	10 300 000	7 311 000	7 858 000	5 819 000
Total Long-Term Debt	9 352 000	8 368 000	396 000	424 000
Total Current Debt	5 744 000	9 099 000	3 466 000	8 212 000
Total Equity and Debt	25 396 000	24 778 000	11 720 000	14 455 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 459 000	28 944 000	25 114 000	21 370 000
Other Income	1 516 000	843 000	739 000	809 000
Revenue	31 976 000	29 788 000	25 853 000	22 179 000
Cost of Goods Sold	21 156 000	21 124 000	17 848 000	15 318 000
Salary Costs	3 854 000	3 581 000	3 516 000	3 301 000
Depreciation	141 000	105 000	108 000	97 000
Impairment	0	0	0	0
Expenditure	26 888 000	26 509 000	23 214 000	20 422 000
Operating Profit	5 088 000	3 278 000	2 639 000	1 757 000
Financial Income	5 000	123 000	8 000	10 000
Financial Costs	372 000	31 000	32 000	39 000
Financial Balance	−367 000	92 000	−24 000	−29 000
Dividends	0	3 000 000	0	4 400 000
Net Income	3 680 000	2 652 000	2 038 000	1 345 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	7 000	29 000	12 000
Real Eastate	12 653 000	6 486 000	2 997 000	2 969 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	64 000	42 000	121 000	202 000
Total Tangible Assets	12 717 000	6 528 000	3 117 000	3 171 000
Total Fiancial Fixed Assets	2 013 000	3 246 000	455 000	3 492 000
Total Fixed Assets	14 730 000	9 782 000	3 601 000	6 674 000
Stock	2 146 000	1 945 000	2 543 000	2 106 000
Total Investments	0	0	0	0
Cash, Bank	4 980 000	9 333 000	3 574 000	2 435 000
Total Current Assets	10 666 000	14 996 000	8 118 000	7 781 000
Total Assets	25 396 000	24 778 000	11 720 000	14 455 000
Total Equity	10 300 000	7 311 000	7 858 000	5 819 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 352 000	8 368 000	396 000	424 000
Creditors	3 138 000	4 537 000	1 882 000	2 430 000
Unpaid Taxes	675 000	261 000	641 000	649 000
Dividends	0	3 000 000	0	4 400 000
Other Current Debt	1 271 000	661 000	349 000	341 000
Total Current Debt	5 744 000	9 099 000	3 466 000	8 212 000
Total Equity and Debt	25 396 000	24 778 000	11 720 000	14 455 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,73 %	36,27 %	25,94 %	23,11 %
Debt-to-Equity Ratio	0,91	1,14	0,05	0,07
Operating Profit Margin	15,91 %	11 %	10,21 %	7,92 %
Current Ratio	1,86	1,65	2,34	0,95
Quick Ratio	2,96	2,1	8,8	1,27
Equity Ratio	0,41	0,3	0,67	0,4
Gross Profit Margin	33,84 %	29,09 %	30,96 %	30,93 %