T. HILLESTAD HOLDING AS

6814 FØRDE

Finances

Return on Equity

32,39 %

Current Ratio

1,81

Debt-to-Equity Ratio

4,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	420 000	105 000	0	0
Net Income	309 000	404 000	178 000	24 000
Total Assets	5 068 000	4 904 000	2 858 000	1 681 000
Total Equity	954 000	646 000	241 000	63 000

Income (NOK)	2022	2021	2020	2019
Revenue	420 000	105 000	0	0
Expenditure	20 000	18 000	12 000	10 000
Operating Profit	400 000	87 000	−12 000	−10 000
Financial Income	132 000	358 000	206 000	37 000
Financial Costs	134 000	13 000	9 000	3 000
Financial Balance	−2 000	345 000	197 000	34 000
Earnings Before Tax	398 000	432 000	184 000	24 000
Tax	89 000	28 000	6 000	0
Net Income	309 000	404 000	178 000	24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 878 000	4 455 000	2 807 000	1 665 000
Total Current Assets	190 000	448 000	50 000	16 000
Total Assets	5 068 000	4 904 000	2 858 000	1 681 000
Total Retained Equity	924 000	616 000	211 000	33 000
Total Equity	954 000	646 000	241 000	63 000
Total Long-Term Debt	4 009 000	4 225 000	2 610 000	1 620 000
Total Current Debt	105 000	33 000	6 000	−2 000
Total Equity and Debt	5 068 000	4 904 000	2 858 000	1 681 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	420 000	105 000	0	0
Other Income	0	0	0	0
Revenue	420 000	105 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	20 000	18 000	12 000	10 000
Operating Profit	400 000	87 000	−12 000	−10 000
Financial Income	132 000	358 000	206 000	37 000
Financial Costs	134 000	13 000	9 000	3 000
Financial Balance	−2 000	345 000	197 000	34 000
Dividends	0	0	0	0
Net Income	309 000	404 000	178 000	24 000

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	4 878 000	4 455 000	2 807 000	1 665 000
Total Fixed Assets	4 878 000	4 455 000	2 807 000	1 665 000
Stock	0	0	0	0
Total Investments	0	200 000	0	0
Cash, Bank	10 000	156 000	50 000	16 000
Total Current Assets	190 000	448 000	50 000	16 000
Total Assets	5 068 000	4 904 000	2 858 000	1 681 000
Total Equity	954 000	646 000	241 000	63 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 009 000	4 225 000	2 610 000	1 620 000
Creditors	0	0	0	0
Unpaid Taxes	16 000	5 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	105 000	33 000	6 000	−2 000
Total Equity and Debt	5 068 000	4 904 000	2 858 000	1 681 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,39 %	62,54 %	73,86 %	38,1 %
Debt-to-Equity Ratio	4,2	6,54	10,83	25,71
Operating Profit Margin	95,24 %	82,86 %	-	-
Current Ratio	1,81	13,58	8,33	−8
Quick Ratio	1,81	13,58	8,33	−8
Equity Ratio	0,19	0,13	0,08	0,04
Gross Profit Margin	100 %	100 %	-	-