HEST1 INVEST AS

2760 BRANDBU

Finances

Share Ownership

Return on Equity

88,52 %

Current Ratio

1,43

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	715 000	683 000	362 000	243 000
Net Income	316 000	96 000	30 000	32 000
Total Assets	1 281 000	1 607 000	1 822 000	959 000
Total Equity	357 000	255 000	159 000	129 000

Income (NOK)	2022	2021	2020	2019
Revenue	715 000	683 000	362 000	243 000
Expenditure	283 000	515 000	282 000	191 000
Operating Profit	432 000	168 000	80 000	52 000
Financial Income	12 000	0	0	0
Financial Costs	38 000	45 000	42 000	11 000
Financial Balance	−26 000	−45 000	−42 000	−11 000
Earnings Before Tax	406 000	123 000	38 000	41 000
Tax	89 000	27 000	8 000	9 000
Net Income	316 000	96 000	30 000	32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	208 000	858 000	1 143 000	467 000
Total Current Assets	1 073 000	749 000	679 000	492 000
Total Assets	1 281 000	1 607 000	1 822 000	959 000
Total Retained Equity	327 000	225 000	129 000	99 000
Total Equity	357 000	255 000	159 000	129 000
Total Long-Term Debt	175 000	813 000	1 026 000	153 000
Total Current Debt	749 000	539 000	637 000	678 000
Total Equity and Debt	1 281 000	1 607 000	1 822 000	959 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 000	163 000	60 000	0
Other Income	708 000	519 000	302 000	243 000
Revenue	715 000	683 000	362 000	243 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	87 000	268 000	151 000	84 000
Impairment	0	0	0	0
Expenditure	283 000	515 000	282 000	191 000
Operating Profit	432 000	168 000	80 000	52 000
Financial Income	12 000	0	0	0
Financial Costs	38 000	45 000	42 000	11 000
Financial Balance	−26 000	−45 000	−42 000	−11 000
Dividends	0	0	0	400 000
Net Income	316 000	96 000	30 000	32 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	10 000	18 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	208 000	858 000	1 133 000	449 000
Total Tangible Assets	208 000	858 000	1 133 000	449 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	208 000	858 000	1 143 000	467 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	317 000	320 000	207 000	81 000
Total Current Assets	1 073 000	749 000	679 000	492 000
Total Assets	1 281 000	1 607 000	1 822 000	959 000
Total Equity	357 000	255 000	159 000	129 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	175 000	813 000	1 026 000	153 000
Creditors	38 000	25 000	120 000	265 000
Unpaid Taxes	5 000	9 000	0	0
Dividends	0	0	0	400 000
Other Current Debt	695 000	505 000	517 000	13 000
Total Current Debt	749 000	539 000	637 000	678 000
Total Equity and Debt	1 281 000	1 607 000	1 822 000	959 000

Financial indicators	2022	2021	2020	2019
Return on Equity	88,52 %	37,65 %	18,87 %	24,81 %
Debt-to-Equity Ratio	0,49	3,19	6,45	1,19
Operating Profit Margin	60,42 %	24,6 %	22,1 %	21,4 %
Current Ratio	1,43	1,39	1,07	0,73
Quick Ratio	1,43	1,39	1,07	0,73
Equity Ratio	0,28	0,16	0,09	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %