HETLANDSSKOGEN AS

4373 EGERSUND

Finances

Return on Equity

−4,52 %

Current Ratio

190,81

Debt-to-Equity Ratio

3,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	400 000	1 063 000	1 095 000	2 925 000
Net Income	−308 000	−194 000	77 000	510 000
Total Assets	31 691 000	30 603 000	18 361 000	17 419 000
Total Equity	6 814 000	187 000	361 000	283 000

Income (NOK)	2022	2021	2020	2019
Revenue	400 000	1 063 000	1 095 000	2 925 000
Expenditure	116 000	986 000	745 000	1 983 000
Operating Profit	285 000	77 000	351 000	943 000
Financial Income	0	0	0	0
Financial Costs	592 000	273 000	308 000	381 000
Financial Balance	−592 000	−273 000	−308 000	−381 000
Earnings Before Tax	−308 000	−196 000	42 000	561 000
Tax	0	−2 000	−35 000	51 000
Net Income	−308 000	−194 000	77 000	510 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 539 000	30 139 000	18 048 000	16 883 000
Total Current Assets	5 152 000	463 000	313 000	536 000
Total Assets	31 691 000	30 603 000	18 361 000	17 419 000
Total Retained Equity	−85 000	−65 000	269 000	191 000
Total Equity	6 814 000	187 000	361 000	283 000
Total Long-Term Debt	24 850 000	30 367 000	17 737 000	16 903 000
Total Current Debt	27 000	49 000	263 000	233 000
Total Equity and Debt	31 691 000	30 603 000	18 361 000	17 419 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	939 000	783 000	2 438 000
Other Income	400 000	124 000	312 000	487 000
Revenue	400 000	1 063 000	1 095 000	2 925 000
Cost of Goods Sold	0	601 000	471 000	850 000
Salary Costs	0	0	0	0
Depreciation	17 000	17 000	17 000	11 000
Impairment	0	0	0	0
Expenditure	116 000	986 000	745 000	1 983 000
Operating Profit	285 000	77 000	351 000	943 000
Financial Income	0	0	0	0
Financial Costs	592 000	273 000	308 000	381 000
Financial Balance	−592 000	−273 000	−308 000	−381 000
Dividends	0	0	0	0
Net Income	−308 000	−194 000	77 000	510 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 887 000	11 904 000	17 008 000	16 883 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 887 000	11 904 000	17 008 000	16 883 000
Total Fiancial Fixed Assets	14 652 000	18 235 000	1 040 000	0
Total Fixed Assets	26 539 000	30 139 000	18 048 000	16 883 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 000	128 000	39 000	536 000
Total Current Assets	5 152 000	463 000	313 000	536 000
Total Assets	31 691 000	30 603 000	18 361 000	17 419 000
Total Equity	6 814 000	187 000	361 000	283 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 850 000	30 367 000	17 737 000	16 903 000
Creditors	0	1 000	226 000	7 000
Unpaid Taxes	0	31 000	28 000	161 000
Dividends	0	0	0	0
Other Current Debt	27 000	17 000	10 000	15 000
Total Current Debt	27 000	49 000	263 000	233 000
Total Equity and Debt	31 691 000	30 603 000	18 361 000	17 419 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,52 %	−103,74 %	21,33 %	180,21 %
Debt-to-Equity Ratio	3,65	162,39	49,13	59,73
Operating Profit Margin	71,25 %	7,24 %	32,05 %	32,24 %
Current Ratio	190,81	9,45	1,19	2,3
Quick Ratio	190,81	9,45	1,19	2,3
Equity Ratio	0,22	0,01	0,02	0,02
Gross Profit Margin	100 %	43,46 %	56,99 %	70,94 %