HEGGLAND DRIFT AS

5210 OS

Finances

Share Ownership

Return on Equity

12,46 %

Current Ratio

2,7

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 042 000	7 669 000	6 899 000	5 604 000
Net Income	211 000	407 000	502 000	169 000
Total Assets	3 628 000	3 510 000	2 933 000	2 356 000
Total Equity	1 694 000	1 482 000	1 076 000	574 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 042 000	7 669 000	6 899 000	5 604 000
Expenditure	6 770 000	7 126 000	6 238 000	5 372 000
Operating Profit	271 000	544 000	662 000	233 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	19 000	17 000
Financial Balance	1 000	0	−19 000	−17 000
Earnings Before Tax	272 000	544 000	643 000	216 000
Tax	61 000	137 000	142 000	48 000
Net Income	211 000	407 000	502 000	169 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	63 000	81 000	41 000	68 000
Total Current Assets	3 565 000	3 429 000	2 892 000	2 288 000
Total Assets	3 628 000	3 510 000	2 933 000	2 356 000
Total Retained Equity	1 394 000	1 182 000	776 000	274 000
Total Equity	1 694 000	1 482 000	1 076 000	574 000
Total Long-Term Debt	615 000	615 000	615 000	735 000
Total Current Debt	1 319 000	1 412 000	1 242 000	1 047 000
Total Equity and Debt	3 628 000	3 510 000	2 933 000	2 356 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 042 000	7 668 000	6 899 000	5 603 000
Other Income	0	1 000	0	1 000
Revenue	7 042 000	7 669 000	6 899 000	5 604 000
Cost of Goods Sold	4 227 000	4 656 000	4 122 000	3 451 000
Salary Costs	886 000	787 000	573 000	580 000
Depreciation	18 000	37 000	33 000	33 000
Impairment	0	0	0	0
Expenditure	6 770 000	7 126 000	6 238 000	5 372 000
Operating Profit	271 000	544 000	662 000	233 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	19 000	17 000
Financial Balance	1 000	0	−19 000	−17 000
Dividends	0	0	0	0
Net Income	211 000	407 000	502 000	169 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	13 000	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	9 000	18 000
Fixtures	63 000	81 000	19 000	43 000
Total Tangible Assets	63 000	81 000	28 000	61 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	63 000	81 000	41 000	68 000
Stock	2 612 000	2 557 000	1 915 000	1 807 000
Total Investments	0	0	0	0
Cash, Bank	757 000	839 000	935 000	292 000
Total Current Assets	3 565 000	3 429 000	2 892 000	2 288 000
Total Assets	3 628 000	3 510 000	2 933 000	2 356 000
Total Equity	1 694 000	1 482 000	1 076 000	574 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	615 000	615 000	615 000	735 000
Creditors	961 000	1 031 000	930 000	798 000
Unpaid Taxes	181 000	86 000	44 000	105 000
Dividends	0	0	0	0
Other Current Debt	117 000	170 000	122 000	92 000
Total Current Debt	1 319 000	1 412 000	1 242 000	1 047 000
Total Equity and Debt	3 628 000	3 510 000	2 933 000	2 356 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,46 %	27,46 %	46,65 %	29,44 %
Debt-to-Equity Ratio	0,36	0,41	0,57	1,28
Operating Profit Margin	3,85 %	7,09 %	9,6 %	4,16 %
Current Ratio	2,7	2,43	2,33	2,19
Quick Ratio	−2,76	−2,99	−4,3	−3,01
Equity Ratio	0,47	0,42	0,37	0,24
Gross Profit Margin	39,97 %	39,29 %	40,25 %	38,42 %