N.HESTMARK AS

8960 VELFJORD

Finances

Share Ownership

Return on Equity

2,04 %

Current Ratio

2,2

Debt-to-Equity Ratio

−6,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	337 000	214 000	394 000	282 000
Net Income	−2 000	−194 000	11 000	79 000
Total Assets	560 000	714 000	770 000	898 000
Total Equity	−98 000	−96 000	98 000	88 000

Income (NOK)	2022	2021	2020	2019
Revenue	337 000	214 000	394 000	282 000
Expenditure	338 000	399 000	375 000	192 000
Operating Profit	0	−185 000	19 000	90 000
Financial Income	2 000	3 000	3 000	2 000
Financial Costs	5 000	12 000	11 000	13 000
Financial Balance	−3 000	−9 000	−8 000	−11 000
Earnings Before Tax	−2 000	−194 000	11 000	79 000
Tax	0	0	0	0
Net Income	−2 000	−194 000	11 000	79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	494 000	624 000	675 000	768 000
Total Current Assets	66 000	90 000	95 000	131 000
Total Assets	560 000	714 000	770 000	898 000
Total Retained Equity	−848 000	−845 000	−651 000	−662 000
Total Equity	−98 000	−96 000	98 000	88 000
Total Long-Term Debt	628 000	685 000	349 000	404 000
Total Current Debt	30 000	125 000	324 000	406 000
Total Equity and Debt	560 000	714 000	770 000	898 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	337 000	214 000	394 000	283 000
Other Income	0	0	0	0
Revenue	337 000	214 000	394 000	282 000
Cost of Goods Sold	0	0	14 000	14 000
Salary Costs	80 000	120 000	134 000	0
Depreciation	148 000	132 000	125 000	92 000
Impairment	0	0	0	0
Expenditure	338 000	399 000	375 000	192 000
Operating Profit	0	−185 000	19 000	90 000
Financial Income	2 000	3 000	3 000	2 000
Financial Costs	5 000	12 000	11 000	13 000
Financial Balance	−3 000	−9 000	−8 000	−11 000
Dividends	0	0	0	0
Net Income	−2 000	−194 000	11 000	79 000

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	117 000	150 000	104 000	100 000
Total Tangible Assets	494 000	624 000	675 000	768 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	494 000	624 000	675 000	768 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	56 000	35 000	88 000	30 000
Total Current Assets	66 000	90 000	95 000	131 000
Total Assets	560 000	714 000	770 000	898 000
Total Equity	−98 000	−96 000	98 000	88 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	628 000	685 000	349 000	404 000
Creditors	11 000	120 000	116 000	216 000
Unpaid Taxes	20 000	5 000	19 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	189 000	190 000
Total Current Debt	30 000	125 000	324 000	406 000
Total Equity and Debt	560 000	714 000	770 000	898 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,04 %	202,08 %	11,22 %	89,77 %
Debt-to-Equity Ratio	−6,41	−7,14	3,56	4,59
Operating Profit Margin	0 %	−86,45 %	4,82 %	31,91 %
Current Ratio	2,2	0,72	0,29	0,32
Quick Ratio	2,2	0,72	0,29	0,32
Equity Ratio	−0,18	−0,13	0,13	0,1
Gross Profit Margin	100 %	100 %	96,45 %	95,04 %