HEDMARKSVEGEN AS

0187 OSLO

Finances

Share Ownership

Return on Equity

12,81 %

Current Ratio

0,61

Debt-to-Equity Ratio

15,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 770 000	1 894 000	129 325 000	12 793 000
Net Income	9 876 000	12 129 000	32 903 000	39 024 000
Total Assets	1 441 988 000	1 399 317 000	1 476 415 000	2 303 244 000
Total Equity	77 103 000	67 227 000	55 098 000	52 803 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 770 000	1 894 000	129 325 000	12 793 000
Expenditure	1 454 000	641 000	111 635 000	912 000
Operating Profit	1 315 000	1 254 000	17 690 000	11 881 000
Financial Income	71 006 000	73 539 000	91 216 000	80 163 000
Financial Costs	59 660 000	59 236 000	66 722 000	42 014 000
Financial Balance	11 346 000	14 303 000	24 494 000	38 149 000
Earnings Before Tax	12 661 000	15 557 000	42 183 000	50 031 000
Tax	2 785 000	3 428 000	9 280 000	11 007 000
Net Income	9 876 000	12 129 000	32 903 000	39 024 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 347 320 000	944 147 000	986 605 000	2 273 212 000
Total Current Assets	94 668 000	455 170 000	489 810 000	30 031 000
Total Assets	1 441 988 000	1 399 317 000	1 476 415 000	2 303 244 000
Total Retained Equity	77 073 000	67 197 000	55 068 000	52 773 000
Total Equity	77 103 000	67 227 000	55 098 000	52 803 000
Total Long-Term Debt	1 208 796 000	1 260 960 000	1 315 331 000	2 161 852 000
Total Current Debt	156 089 000	71 130 000	105 986 000	88 589 000
Total Equity and Debt	1 441 988 000	1 399 317 000	1 476 415 000	2 303 244 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 191 000	1 194 000	6 943 000	12 793 000
Other Income	1 579 000	700 000	122 382 000	0
Revenue	2 770 000	1 894 000	129 325 000	12 793 000
Cost of Goods Sold	1 454 000	641 000	111 635 000	843 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	69 000
Impairment	0	0	0	0
Expenditure	1 454 000	641 000	111 635 000	912 000
Operating Profit	1 315 000	1 254 000	17 690 000	11 881 000
Financial Income	71 006 000	73 539 000	91 216 000	80 163 000
Financial Costs	59 660 000	59 236 000	66 722 000	42 014 000
Financial Balance	11 346 000	14 303 000	24 494 000	38 149 000
Dividends	0	0	30 608 000	0
Net Income	9 876 000	12 129 000	32 903 000	39 024 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 347 320 000	944 147 000	986 605 000	2 273 115 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	97 000
Total Tangible Assets	1 347 320 000	944 147 000	986 605 000	2 273 212 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 347 320 000	944 147 000	986 605 000	2 273 212 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	81 478 000	42 599 000	66 383 000	14 689 000
Total Current Assets	94 668 000	455 170 000	489 810 000	30 031 000
Total Assets	1 441 988 000	1 399 317 000	1 476 415 000	2 303 244 000
Total Equity	77 103 000	67 227 000	55 098 000	52 803 000
Short-Term Group Debt	10 837 000	10 190 000	10 676 000	0
Total Long-Term Debt	1 208 796 000	1 260 960 000	1 315 331 000	2 161 852 000
Creditors	299 000	2 301 000	252 000	16 108 000
Unpaid Taxes	394 000	4 653 000	4 798 000	0
Dividends	0	0	30 608 000	0
Other Current Debt	92 376 000	3 860 000	5 376 000	72 481 000
Total Current Debt	156 089 000	71 130 000	105 986 000	88 589 000
Total Equity and Debt	1 441 988 000	1 399 317 000	1 476 415 000	2 303 244 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,81 %	18,04 %	59,72 %	73,9 %
Debt-to-Equity Ratio	15,68	18,76	23,87	40,94
Operating Profit Margin	47,47 %	66,21 %	13,68 %	92,87 %
Current Ratio	0,61	6,4	4,62	0,34
Quick Ratio	0,61	6,4	4,62	0,34
Equity Ratio	0,05	0,05	0,04	0,02
Gross Profit Margin	47,51 %	66,16 %	13,68 %	93,41 %