HETTERVIK RESERVOIR CONSULTING AS

5566 HERVIK

Finances

Return on Equity

46,57 %

Current Ratio

1,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 136 000	2 139 000	1 895 000	1 721 000
Net Income	780 000	813 000	798 000	479 000
Total Assets	2 209 000	1 799 000	1 762 000	1 647 000
Total Equity	1 675 000	994 000	1 231 000	933 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 136 000	2 139 000	1 895 000	1 721 000
Expenditure	1 382 000	1 353 000	1 323 000	1 225 000
Operating Profit	754 000	786 000	572 000	496 000
Financial Income	195 000	204 000	355 000	95 000
Financial Costs	1 000	2 000	0	1 000
Financial Balance	194 000	202 000	355 000	94 000
Earnings Before Tax	949 000	988 000	927 000	590 000
Tax	168 000	175 000	129 000	111 000
Net Income	780 000	813 000	798 000	479 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 234 000	1 144 000	670 000	677 000
Total Current Assets	975 000	655 000	1 092 000	970 000
Total Assets	2 209 000	1 799 000	1 762 000	1 647 000
Total Retained Equity	1 615 000	934 000	1 171 000	873 000
Total Equity	1 675 000	994 000	1 231 000	933 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	534 000	805 000	531 000	714 000
Total Equity and Debt	2 209 000	1 799 000	1 762 000	1 647 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 136 000	2 139 000	1 895 000	1 721 000
Other Income	0	0	0	0
Revenue	2 136 000	2 139 000	1 895 000	1 721 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 222 000	1 218 000	1 203 000	1 088 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 382 000	1 353 000	1 323 000	1 225 000
Operating Profit	754 000	786 000	572 000	496 000
Financial Income	195 000	204 000	355 000	95 000
Financial Costs	1 000	2 000	0	1 000
Financial Balance	194 000	202 000	355 000	94 000
Dividends	100 000	1 050 000	500 000	650 000
Net Income	780 000	813 000	798 000	479 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 234 000	1 144 000	670 000	677 000
Total Fixed Assets	1 234 000	1 144 000	670 000	677 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	847 000	228 000	361 000	462 000
Total Current Assets	975 000	655 000	1 092 000	970 000
Total Assets	2 209 000	1 799 000	1 762 000	1 647 000
Total Equity	1 675 000	994 000	1 231 000	933 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−1 000	0	0	−2 000
Unpaid Taxes	174 000	186 000	159 000	170 000
Dividends	100 000	1 050 000	500 000	650 000
Other Current Debt	93 000	443 000	93 000	85 000
Total Current Debt	534 000	805 000	531 000	714 000
Total Equity and Debt	2 209 000	1 799 000	1 762 000	1 647 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,57 %	81,79 %	64,83 %	51,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	35,3 %	36,75 %	30,18 %	28,82 %
Current Ratio	1,83	0,81	2,06	1,36
Quick Ratio	1,83	0,81	2,06	1,36
Equity Ratio	0,76	0,55	0,7	0,57
Gross Profit Margin	100 %	100 %	100 %	100 %