HESTRA NORGE AS

0355 OSLO

Finances

Share Ownership

Return on Equity

1,81 %

Current Ratio

8,65

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	12 636 000	16 868 000	13 646 000	14 779 000
Net Income	277 000	4 371 000	2 892 000	2 805 000
Total Assets	17 272 000	22 309 000	13 501 000	16 257 000
Total Equity	15 302 000	15 025 000	10 654 000	7 762 000

Income (NOK)	2023	2022	2021	2020
Revenue	12 636 000	16 868 000	13 646 000	14 779 000
Expenditure	12 296 000	11 261 000	9 938 000	11 175 000
Operating Profit	340 000	5 606 000	3 708 000	3 604 000
Financial Income	14 000	0	1 000	1 000
Financial Costs	0	1 000	1 000	1 000
Financial Balance	14 000	−1 000	0	0
Earnings Before Tax	355 000	5 605 000	3 708 000	3 604 000
Tax	78 000	1 234 000	816 000	799 000
Net Income	277 000	4 371 000	2 892 000	2 805 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	569 000	1 017 000	1 493 000	1 948 000
Total Current Assets	16 703 000	21 293 000	12 008 000	14 308 000
Total Assets	17 272 000	22 309 000	13 501 000	16 257 000
Total Retained Equity	15 272 000	14 995 000	10 624 000	7 732 000
Total Equity	15 302 000	15 025 000	10 654 000	7 762 000
Total Long-Term Debt	41 000	43 000	46 000	49 000
Total Current Debt	1 930 000	7 241 000	2 802 000	8 446 000
Total Equity and Debt	17 272 000	22 309 000	13 501 000	16 257 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	7 236 000	7 047 000	6 055 000	6 060 000
Other Income	5 400 000	9 821 000	7 591 000	8 720 000
Revenue	12 636 000	16 868 000	13 646 000	14 779 000
Cost of Goods Sold	3 915 000	3 834 000	3 133 000	3 162 000
Salary Costs	4 200 000	3 465 000	3 106 000	4 154 000
Depreciation	448 000	474 000	483 000	463 000
Impairment	0	0	0	0
Expenditure	12 296 000	11 261 000	9 938 000	11 175 000
Operating Profit	340 000	5 606 000	3 708 000	3 604 000
Financial Income	14 000	0	1 000	1 000
Financial Costs	0	1 000	1 000	1 000
Financial Balance	14 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	277 000	4 371 000	2 892 000	2 805 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	563 000	1 011 000	1 459 000	1 907 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	26 000	31 000
Total Tangible Assets	563 000	1 011 000	1 486 000	1 938 000
Total Fiancial Fixed Assets	5 000	5 000	8 000	10 000
Total Fixed Assets	569 000	1 017 000	1 493 000	1 948 000
Stock	3 243 000	2 019 000	2 322 000	2 188 000
Total Investments	0	0	0	0
Cash, Bank	7 865 000	1 951 000	1 772 000	3 321 000
Total Current Assets	16 703 000	21 293 000	12 008 000	14 308 000
Total Assets	17 272 000	22 309 000	13 501 000	16 257 000
Total Equity	15 302 000	15 025 000	10 654 000	7 762 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	41 000	43 000	46 000	49 000
Creditors	752 000	4 620 000	451 000	3 660 000
Unpaid Taxes	313 000	258 000	177 000	245 000
Dividends	0	0	0	0
Other Current Debt	726 000	1 056 000	1 117 000	3 607 000
Total Current Debt	1 930 000	7 241 000	2 802 000	8 446 000
Total Equity and Debt	17 272 000	22 309 000	13 501 000	16 257 000

Financial indicators	2023	2022	2021	2020
Return on Equity	1,81 %	29,09 %	27,14 %	36,14 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	2,69 %	33,23 %	27,17 %	24,39 %
Current Ratio	8,65	2,94	4,29	1,69
Quick Ratio	−12,72	4,08	25,02	2,29
Equity Ratio	0,89	0,67	0,79	0,48
Gross Profit Margin	69,02 %	77,27 %	77,04 %	78,6 %