HEDSKOG AS

2409 ELVERUM

Finances

Share Ownership

Return on Equity

−14,22 %

Current Ratio

2,14

Debt-to-Equity Ratio

6,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 764 000	9 458 000	8 198 000	8 082 000
Net Income	−455 000	288 000	602 000	817 000
Total Assets	24 263 000	23 261 000	14 674 000	14 301 000
Total Equity	3 200 000	3 655 000	3 367 000	2 764 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 764 000	9 458 000	8 198 000	8 082 000
Expenditure	11 726 000	8 681 000	7 055 000	6 742 000
Operating Profit	37 000	777 000	1 143 000	1 340 000
Financial Income	20 000	4 000	3 000	3 000
Financial Costs	641 000	421 000	374 000	295 000
Financial Balance	−621 000	−417 000	−371 000	−292 000
Earnings Before Tax	−583 000	360 000	772 000	1 048 000
Tax	−128 000	72 000	170 000	231 000
Net Income	−455 000	288 000	602 000	817 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 459 000	19 320 000	13 091 000	12 314 000
Total Current Assets	2 805 000	3 940 000	1 583 000	1 987 000
Total Assets	24 263 000	23 261 000	14 674 000	14 301 000
Total Retained Equity	3 100 000	3 555 000	3 267 000	2 664 000
Total Equity	3 200 000	3 655 000	3 367 000	2 764 000
Total Long-Term Debt	19 750 000	17 254 000	10 050 000	10 422 000
Total Current Debt	1 313 000	2 352 000	1 257 000	1 115 000
Total Equity and Debt	24 263 000	23 261 000	14 674 000	14 301 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 419 000	9 228 000	8 191 000	7 720 000
Other Income	344 000	229 000	8 000	363 000
Revenue	11 764 000	9 458 000	8 198 000	8 082 000
Cost of Goods Sold	2 127 000	1 947 000	1 897 000	1 798 000
Salary Costs	2 894 000	2 004 000	1 663 000	1 477 000
Depreciation	2 534 000	1 960 000	1 539 000	1 273 000
Impairment	0	0	0	0
Expenditure	11 726 000	8 681 000	7 055 000	6 742 000
Operating Profit	37 000	777 000	1 143 000	1 340 000
Financial Income	20 000	4 000	3 000	3 000
Financial Costs	641 000	421 000	374 000	295 000
Financial Balance	−621 000	−417 000	−371 000	−292 000
Dividends	0	0	0	0
Net Income	−455 000	288 000	602 000	817 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 911 000	1 955 000	1 999 000	0
Machinery and Plant Facilities	17 927 000	16 508 000	10 194 000	11 226 000
Fixtures	1 616 000	857 000	897 000	1 088 000
Total Tangible Assets	21 454 000	19 319 000	13 090 000	12 314 000
Total Fiancial Fixed Assets	4 000	1 000	1 000	0
Total Fixed Assets	21 459 000	19 320 000	13 091 000	12 314 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	996 000	1 759 000	1 344 000	1 572 000
Total Current Assets	2 805 000	3 940 000	1 583 000	1 987 000
Total Assets	24 263 000	23 261 000	14 674 000	14 301 000
Total Equity	3 200 000	3 655 000	3 367 000	2 764 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 750 000	17 254 000	10 050 000	10 422 000
Creditors	524 000	849 000	495 000	444 000
Unpaid Taxes	256 000	583 000	238 000	237 000
Dividends	0	0	0	0
Other Current Debt	533 000	920 000	468 000	433 000
Total Current Debt	1 313 000	2 352 000	1 257 000	1 115 000
Total Equity and Debt	24 263 000	23 261 000	14 674 000	14 301 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,22 %	7,88 %	17,88 %	29,56 %
Debt-to-Equity Ratio	6,17	4,72	2,98	3,77
Operating Profit Margin	0,31 %	8,22 %	13,94 %	16,58 %
Current Ratio	2,14	1,68	1,26	1,78
Quick Ratio	2,14	1,68	1,26	1,78
Equity Ratio	0,13	0,16	0,23	0,19
Gross Profit Margin	81,92 %	79,41 %	76,86 %	77,75 %