HILLESTAD INVEST AS

6869 HAFSLO

Finances

Share Ownership

Return on Equity

15,12 %

Current Ratio

5,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 676 000	1 070 000	575 000	563 000
Net Income	134 000	291 000	137 000	109 000
Total Assets	973 000	9 012 000	7 386 000	7 345 000
Total Equity	886 000	752 000	461 000	324 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 676 000	1 070 000	575 000	563 000
Expenditure	1 268 000	528 000	374 000	156 000
Operating Profit	408 000	542 000	201 000	407 000
Financial Income	1 000	0	0	0
Financial Costs	248 000	169 000	193 000	212 000
Financial Balance	−247 000	−169 000	−193 000	−212 000
Earnings Before Tax	162 000	373 000	7 000	195 000
Tax	28 000	82 000	−130 000	86 000
Net Income	134 000	291 000	137 000	109 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	505 000	7 539 000	7 176 000	7 176 000
Total Current Assets	468 000	1 472 000	210 000	169 000
Total Assets	973 000	9 012 000	7 386 000	7 345 000
Total Retained Equity	862 000	727 000	437 000	299 000
Total Equity	886 000	752 000	461 000	324 000
Total Long-Term Debt	0	8 065 000	6 947 000	5 573 000
Total Current Debt	87 000	195 000	−22 000	1 449 000
Total Equity and Debt	973 000	9 012 000	7 386 000	7 345 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	414 000	540 000	350 000	563 000
Other Income	1 263 000	530 000	225 000	0
Revenue	1 676 000	1 070 000	575 000	563 000
Cost of Goods Sold	350 000	288 000	200 000	0
Salary Costs	0	0	0	0
Depreciation	65 000	27 000	0	0
Impairment	0	0	0	0
Expenditure	1 268 000	528 000	374 000	156 000
Operating Profit	408 000	542 000	201 000	407 000
Financial Income	1 000	0	0	0
Financial Costs	248 000	169 000	193 000	212 000
Financial Balance	−247 000	−169 000	−193 000	−212 000
Dividends	0	0	0	0
Net Income	134 000	291 000	137 000	109 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	100 000	7 176 000	7 176 000	7 176 000
Machinery and Plant Facilities	24 000	28 000	0	0
Fixtures	313 000	335 000	0	0
Total Tangible Assets	437 000	7 539 000	7 176 000	7 176 000
Total Fiancial Fixed Assets	68 000	0	0	0
Total Fixed Assets	505 000	7 539 000	7 176 000	7 176 000
Stock	268 000	200 000	0	0
Total Investments	0	0	0	0
Cash, Bank	51 000	1 213 000	168 000	164 000
Total Current Assets	468 000	1 472 000	210 000	169 000
Total Assets	973 000	9 012 000	7 386 000	7 345 000
Total Equity	886 000	752 000	461 000	324 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	8 065 000	6 947 000	5 573 000
Creditors	45 000	109 000	−30 000	−20 000
Unpaid Taxes	0	−2 000	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	6 000	6 000	1 293 000
Total Current Debt	87 000	195 000	−22 000	1 449 000
Total Equity and Debt	973 000	9 012 000	7 386 000	7 345 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,12 %	38,7 %	29,72 %	33,64 %
Debt-to-Equity Ratio	0	10,72	15,07	17,2
Operating Profit Margin	24,34 %	50,65 %	34,96 %	72,29 %
Current Ratio	5,38	7,55	−9,55	0,12
Quick Ratio	−2,59	−294,4	−9,55	0,12
Equity Ratio	0,91	0,08	0,06	0,04
Gross Profit Margin	79,12 %	73,08 %	65,22 %	100 %