HESTESPORT-CENTERET AS

3733 SKIEN

Finances

Share Ownership

Return on Equity

26,84 %

Current Ratio

2,6

Debt-to-Equity Ratio

1,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 956 000	12 412 000	10 078 000	8 683 000
Net Income	452 000	487 000	613 000	−607 000
Total Assets	6 347 000	5 788 000	4 549 000	3 422 000
Total Equity	1 684 000	1 231 000	269 000	−344 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 956 000	12 412 000	10 078 000	8 683 000
Expenditure	12 198 000	11 910 000	9 243 000	9 100 000
Operating Profit	759 000	502 000	835 000	−417 000
Financial Income	75 000	106 000	51 000	36 000
Financial Costs	295 000	255 000	273 000	226 000
Financial Balance	−220 000	−149 000	−222 000	−190 000
Earnings Before Tax	539 000	353 000	613 000	−607 000
Tax	86 000	−134 000	0	0
Net Income	452 000	487 000	613 000	−607 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	783 000	880 000	365 000	302 000
Total Current Assets	5 564 000	4 908 000	4 184 000	3 119 000
Total Assets	6 347 000	5 788 000	4 549 000	3 422 000
Total Retained Equity	954 000	501 000	15 000	−598 000
Total Equity	1 684 000	1 231 000	269 000	−344 000
Total Long-Term Debt	2 519 000	2 447 000	2 068 000	1 071 000
Total Current Debt	2 144 000	2 110 000	2 213 000	2 695 000
Total Equity and Debt	6 347 000	5 788 000	4 549 000	3 422 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 924 000	12 339 000	10 027 000	8 639 000
Other Income	32 000	73 000	51 000	44 000
Revenue	12 956 000	12 412 000	10 078 000	8 683 000
Cost of Goods Sold	9 799 000	9 617 000	7 290 000	7 033 000
Salary Costs	1 137 000	1 052 000	809 000	1 107 000
Depreciation	68 000	52 000	37 000	43 000
Impairment	0	0	0	0
Expenditure	12 198 000	11 910 000	9 243 000	9 100 000
Operating Profit	759 000	502 000	835 000	−417 000
Financial Income	75 000	106 000	51 000	36 000
Financial Costs	295 000	255 000	273 000	226 000
Financial Balance	−220 000	−149 000	−222 000	−190 000
Dividends	0	0	0	0
Net Income	452 000	487 000	613 000	−607 000

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	783 000	880 000	365 000	302 000
Total Tangible Assets	783 000	880 000	365 000	302 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	783 000	880 000	365 000	302 000
Stock	4 577 000	4 158 000	3 436 000	2 341 000
Total Investments	0	0	0	0
Cash, Bank	79 000	97 000	140 000	36 000
Total Current Assets	5 564 000	4 908 000	4 184 000	3 119 000
Total Assets	6 347 000	5 788 000	4 549 000	3 422 000
Total Equity	1 684 000	1 231 000	269 000	−344 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 519 000	2 447 000	2 068 000	1 071 000
Creditors	1 197 000	1 362 000	1 301 000	1 228 000
Unpaid Taxes	521 000	469 000	484 000	287 000
Dividends	0	0	0	0
Other Current Debt	174 000	153 000	130 000	114 000
Total Current Debt	2 144 000	2 110 000	2 213 000	2 695 000
Total Equity and Debt	6 347 000	5 788 000	4 549 000	3 422 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,84 %	39,56 %	227,88 %	176,45 %
Debt-to-Equity Ratio	1,5	1,99	7,69	−3,11
Operating Profit Margin	5,86 %	4,04 %	8,29 %	−4,8 %
Current Ratio	2,6	2,33	1,89	1,16
Quick Ratio	−2,29	−2,4	−3,42	8,81
Equity Ratio	0,27	0,21	0,06	−0,1
Gross Profit Margin	24,37 %	22,52 %	27,66 %	19 %