HESTAVANGEN 3 AS

5705 VOSS

Finances

Share Ownership

Return on Equity

0,51 %

Current Ratio

1,96

Debt-to-Equity Ratio

1,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 497 000	6 786 000	2 016 000	7 188 000
Net Income	43 000	129 000	588 000	2 868 000
Total Assets	27 236 000	30 636 000	34 633 000	33 459 000
Total Equity	8 460 000	8 477 000	8 347 000	7 760 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 497 000	6 786 000	2 016 000	7 188 000
Expenditure	5 630 000	5 971 000	639 000	1 848 000
Operating Profit	866 000	815 000	1 377 000	5 341 000
Financial Income	0	2 000	5 000	3 000
Financial Costs	814 000	689 000	868 000	1 001 000
Financial Balance	−814 000	−687 000	−863 000	−998 000
Earnings Before Tax	52 000	128 000	514 000	4 342 000
Tax	8 000	−1 000	−74 000	1 474 000
Net Income	43 000	129 000	588 000	2 868 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 846 000	23 371 000	23 896 000	24 421 000
Total Current Assets	4 390 000	7 265 000	10 737 000	9 038 000
Total Assets	27 236 000	30 636 000	34 633 000	33 459 000
Total Retained Equity	4 460 000	4 477 000	4 347 000	3 760 000
Total Equity	8 460 000	8 477 000	8 347 000	7 760 000
Total Long-Term Debt	16 535 000	19 882 000	22 249 000	21 159 000
Total Current Debt	2 241 000	2 277 000	4 037 000	4 540 000
Total Equity and Debt	27 236 000	30 636 000	34 633 000	33 459 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 430 000	6 706 000	0	5 381 000
Other Income	66 000	80 000	2 016 000	1 807 000
Revenue	6 497 000	6 786 000	2 016 000	7 188 000
Cost of Goods Sold	4 192 000	4 131 000	352 000	−16 000
Salary Costs	0	0	0	0
Depreciation	525 000	525 000	525 000	525 000
Impairment	0	0	0	0
Expenditure	5 630 000	5 971 000	639 000	1 848 000
Operating Profit	866 000	815 000	1 377 000	5 341 000
Financial Income	0	2 000	5 000	3 000
Financial Costs	814 000	689 000	868 000	1 001 000
Financial Balance	−814 000	−687 000	−863 000	−998 000
Dividends	0	0	0	0
Net Income	43 000	129 000	588 000	2 868 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	22 833 000	23 356 000	23 879 000	24 402 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	15 000	17 000	19 000
Total Tangible Assets	22 846 000	23 371 000	23 896 000	24 421 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 846 000	23 371 000	23 896 000	24 421 000
Stock	0	4 200 000	8 350 000	8 507 000
Total Investments	0	0	0	0
Cash, Bank	1 364 000	344 000	4 000	258 000
Total Current Assets	4 390 000	7 265 000	10 737 000	9 038 000
Total Assets	27 236 000	30 636 000	34 633 000	33 459 000
Total Equity	8 460 000	8 477 000	8 347 000	7 760 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 535 000	19 882 000	22 249 000	21 159 000
Creditors	349 000	424 000	337 000	334 000
Unpaid Taxes	84 000	50 000	70 000	49 000
Dividends	0	0	0	0
Other Current Debt	1 800 000	1 803 000	1 843 000	2 637 000
Total Current Debt	2 241 000	2 277 000	4 037 000	4 540 000
Total Equity and Debt	27 236 000	30 636 000	34 633 000	33 459 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,51 %	1,52 %	7,04 %	36,96 %
Debt-to-Equity Ratio	1,95	2,35	2,67	2,73
Operating Profit Margin	13,33 %	12,01 %	68,3 %	74,3 %
Current Ratio	1,96	3,19	2,66	1,99
Quick Ratio	1,96	−3,78	−2,49	−2,28
Equity Ratio	0,31	0,28	0,24	0,23
Gross Profit Margin	35,48 %	39,12 %	82,54 %	100,22 %