HETLAND TRADING AS

5546 RØYKSUND

Finances

Share Ownership

Return on Equity

7,12 %

Current Ratio

Debt-to-Equity Ratio

−0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	206 000	261 000	319 000	175 000
Net Income	−20 000	−18 000	6 000	−7 000
Total Assets	0	24 000	65 000	40 000
Total Equity	−281 000	−262 000	−243 000	−250 000

Income (NOK)	2022	2021	2020	2019
Revenue	206 000	261 000	319 000	175 000
Expenditure	218 000	272 000	306 000	175 000
Operating Profit	−13 000	−12 000	14 000	0
Financial Income	0	0	0	0
Financial Costs	7 000	7 000	7 000	7 000
Financial Balance	−7 000	−7 000	−7 000	−7 000
Earnings Before Tax	−20 000	−18 000	6 000	−7 000
Tax	0	0	0	0
Net Income	−20 000	−18 000	6 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	0	24 000	65 000	40 000
Total Assets	0	24 000	65 000	40 000
Total Retained Equity	−311 000	−292 000	−273 000	−280 000
Total Equity	−281 000	−262 000	−243 000	−250 000
Total Long-Term Debt	124 000	286 000	308 000	290 000
Total Current Debt	158 000	0	0	0
Total Equity and Debt	0	24 000	65 000	40 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	206 000	261 000	319 000	175 000
Other Income	0	0	0	0
Revenue	206 000	261 000	319 000	175 000
Cost of Goods Sold	170 000	210 000	272 000	157 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	218 000	272 000	306 000	175 000
Operating Profit	−13 000	−12 000	14 000	0
Financial Income	0	0	0	0
Financial Costs	7 000	7 000	7 000	7 000
Financial Balance	−7 000	−7 000	−7 000	−7 000
Dividends	0	0	0	0
Net Income	−20 000	−18 000	6 000	−7 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	23 000	65 000	40 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	0	24 000	65 000	40 000
Total Assets	0	24 000	65 000	40 000
Total Equity	−281 000	−262 000	−243 000	−250 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	124 000	286 000	308 000	290 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	158 000	0	0	0
Total Equity and Debt	0	24 000	65 000	40 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,12 %	6,87 %	−2,47 %	2,8 %
Debt-to-Equity Ratio	−0,44	−1,09	−1,27	−1,16
Operating Profit Margin	−6,31 %	−4,6 %	4,39 %	0 %
Current Ratio	0	-	-	-
Quick Ratio	0	−1,04	−1	−1
Equity Ratio	-	−10,92	−3,74	−6,25
Gross Profit Margin	17,48 %	19,54 %	14,73 %	10,29 %