HETSCHLINE AS

3616 KONGSBERG

Finances

Return on Equity

185,96 %

Current Ratio

0,79

Debt-to-Equity Ratio

−1,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 959 000	5 198 000	3 887 000	4 111 000
Net Income	−543 000	42 000	−126 000	301 000
Total Assets	1 261 000	2 083 000	1 323 000	1 307 000
Total Equity	−292 000	114 000	72 000	199 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 959 000	5 198 000	3 887 000	4 111 000
Expenditure	4 459 000	5 026 000	4 096 000	3 745 000
Operating Profit	−500 000	72 000	−113 000	343 000
Financial Income	4 000	4 000	0	3 000
Financial Costs	47 000	34 000	22 000	37 000
Financial Balance	−43 000	−30 000	−22 000	−34 000
Earnings Before Tax	−543 000	42 000	−134 000	309 000
Tax	0	0	−8 000	8 000
Net Income	−543 000	42 000	−126 000	301 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	391 000	470 000	589 000	713 000
Total Current Assets	871 000	1 613 000	733 000	594 000
Total Assets	1 261 000	2 083 000	1 323 000	1 307 000
Total Retained Equity	−322 000	84 000	42 000	169 000
Total Equity	−292 000	114 000	72 000	199 000
Total Long-Term Debt	453 000	496 000	347 000	167 000
Total Current Debt	1 101 000	1 473 000	904 000	941 000
Total Equity and Debt	1 261 000	2 083 000	1 323 000	1 307 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 939 000	5 137 000	3 806 000	4 095 000
Other Income	20 000	61 000	81 000	16 000
Revenue	3 959 000	5 198 000	3 887 000	4 111 000
Cost of Goods Sold	1 474 000	1 872 000	1 621 000	1 181 000
Salary Costs	1 823 000	1 678 000	1 148 000	1 294 000
Depreciation	132 000	145 000	147 000	143 000
Impairment	0	0	0	9 000
Expenditure	4 459 000	5 026 000	4 096 000	3 745 000
Operating Profit	−500 000	72 000	−113 000	343 000
Financial Income	4 000	4 000	0	3 000
Financial Costs	47 000	34 000	22 000	37 000
Financial Balance	−43 000	−30 000	−22 000	−34 000
Dividends	0	0	0	0
Net Income	−543 000	42 000	−126 000	301 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	41 000	54 000	67 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	335 000	373 000	506 000	617 000
Total Tangible Assets	335 000	373 000	506 000	617 000
Total Fiancial Fixed Assets	56 000	56 000	30 000	30 000
Total Fixed Assets	391 000	470 000	589 000	713 000
Stock	266 000	439 000	530 000	338 000
Total Investments	0	0	0	0
Cash, Bank	0	1 000	17 000	10 000
Total Current Assets	871 000	1 613 000	733 000	594 000
Total Assets	1 261 000	2 083 000	1 323 000	1 307 000
Total Equity	−292 000	114 000	72 000	199 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	453 000	496 000	347 000	167 000
Creditors	129 000	418 000	178 000	132 000
Unpaid Taxes	121 000	282 000	216 000	150 000
Dividends	0	0	0	0
Other Current Debt	699 000	644 000	489 000	557 000
Total Current Debt	1 101 000	1 473 000	904 000	941 000
Total Equity and Debt	1 261 000	2 083 000	1 323 000	1 307 000

Financial indicators	2022	2021	2020	2019
Return on Equity	185,96 %	36,84 %	−175 %	151,26 %
Debt-to-Equity Ratio	−1,55	4,35	4,82	0,84
Operating Profit Margin	−12,63 %	1,39 %	−2,91 %	8,34 %
Current Ratio	0,79	1,1	0,81	0,63
Quick Ratio	1,04	1,56	1,96	0,99
Equity Ratio	−0,23	0,05	0,05	0,15
Gross Profit Margin	62,77 %	63,99 %	58,3 %	71,27 %