HESTO AS

4387 BJERKREIM

Finances

Return on Equity

4,03 %

Current Ratio

17,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	500 000	2 561 000	1 091 000	1 048 000
Net Income	136 000	1 661 000	443 000	678 000
Total Assets	3 578 000	3 722 000	1 869 000	1 429 000
Total Equity	3 374 000	3 238 000	1 577 000	1 134 000

Income (NOK)	2022	2021	2020	2019
Revenue	500 000	2 561 000	1 091 000	1 048 000
Expenditure	415 000	746 000	323 000	191 000
Operating Profit	85 000	1 815 000	768 000	858 000
Financial Income	309 000	344 000	161 000	11 000
Financial Costs	224 000	98 000	316 000	0
Financial Balance	85 000	246 000	−155 000	11 000
Earnings Before Tax	170 000	2 061 000	613 000	869 000
Tax	34 000	400 000	170 000	191 000
Net Income	136 000	1 661 000	443 000	678 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 578 000	3 722 000	1 869 000	1 429 000
Total Assets	3 578 000	3 722 000	1 869 000	1 429 000
Total Retained Equity	3 324 000	3 188 000	1 527 000	1 084 000
Total Equity	3 374 000	3 238 000	1 577 000	1 134 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	204 000	485 000	293 000	295 000
Total Equity and Debt	3 578 000	3 722 000	1 869 000	1 429 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	500 000	2 561 000	1 091 000	1 048 000
Other Income	0	0	0	0
Revenue	500 000	2 561 000	1 091 000	1 048 000
Cost of Goods Sold	0	0	0	0
Salary Costs	378 000	426 000	297 000	141 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	415 000	746 000	323 000	191 000
Operating Profit	85 000	1 815 000	768 000	858 000
Financial Income	309 000	344 000	161 000	11 000
Financial Costs	224 000	98 000	316 000	0
Financial Balance	85 000	246 000	−155 000	11 000
Dividends	0	0	0	0
Net Income	136 000	1 661 000	443 000	678 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	2 906 000	2 261 000	1 252 000	696 000
Cash, Bank	223 000	1 259 000	472 000	559 000
Total Current Assets	3 578 000	3 722 000	1 869 000	1 429 000
Total Assets	3 578 000	3 722 000	1 869 000	1 429 000
Total Equity	3 374 000	3 238 000	1 577 000	1 134 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	4 000	8 000	2 000
Unpaid Taxes	179 000	78 000	114 000	92 000
Dividends	0	0	0	0
Other Current Debt	4 000	3 000	0	10 000
Total Current Debt	204 000	485 000	293 000	295 000
Total Equity and Debt	3 578 000	3 722 000	1 869 000	1 429 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,03 %	51,3 %	28,09 %	59,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17 %	70,87 %	70,39 %	81,87 %
Current Ratio	17,54	7,67	6,38	4,84
Quick Ratio	17,54	7,67	6,38	4,84
Equity Ratio	0,94	0,87	0,84	0,79
Gross Profit Margin	100 %	100 %	100 %	100 %