HANESETH ØSTLANDET AS

0158 OSLO

Finances

Share Ownership

Return on Equity

43,01 %

Current Ratio

1,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 649 000	9 136 000	9 173 000	10 221 000
Net Income	951 000	844 000	829 000	992 000
Total Assets	5 656 000	4 523 000	4 840 000	4 419 000
Total Equity	2 211 000	2 260 000	2 216 000	2 187 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 649 000	9 136 000	9 173 000	10 221 000
Expenditure	8 384 000	7 983 000	8 049 000	8 887 000
Operating Profit	1 264 000	1 154 000	1 123 000	1 333 000
Financial Income	4 000	9 000	4 000	18 000
Financial Costs	50 000	80 000	64 000	78 000
Financial Balance	−46 000	−71 000	−60 000	−60 000
Earnings Before Tax	1 219 000	1 082 000	1 063 000	1 273 000
Tax	268 000	238 000	234 000	280 000
Net Income	951 000	844 000	829 000	992 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	359 000	45 000	55 000	77 000
Total Current Assets	5 297 000	4 478 000	4 786 000	4 343 000
Total Assets	5 656 000	4 523 000	4 840 000	4 419 000
Total Retained Equity	1 696 000	1 745 000	1 701 000	1 672 000
Total Equity	2 211 000	2 260 000	2 216 000	2 187 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 445 000	2 262 000	2 624 000	2 232 000
Total Equity and Debt	5 656 000	4 523 000	4 840 000	4 419 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 649 000	9 136 000	9 173 000	10 221 000
Other Income	0	0	0	0
Revenue	9 649 000	9 136 000	9 173 000	10 221 000
Cost of Goods Sold	2 520 000	2 482 000	2 458 000	2 968 000
Salary Costs	4 254 000	4 094 000	4 056 000	4 237 000
Depreciation	72 000	10 000	22 000	16 000
Impairment	0	0	0	0
Expenditure	8 384 000	7 983 000	8 049 000	8 887 000
Operating Profit	1 264 000	1 154 000	1 123 000	1 333 000
Financial Income	4 000	9 000	4 000	18 000
Financial Costs	50 000	80 000	64 000	78 000
Financial Balance	−46 000	−71 000	−60 000	−60 000
Dividends	1 000 000	800 000	800 000	0
Net Income	951 000	844 000	829 000	992 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	36 000	25 000	25 000	24 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	323 000	20 000	30 000	52 000
Total Tangible Assets	323 000	20 000	30 000	52 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	359 000	45 000	55 000	77 000
Stock	488 000	452 000	388 000	333 000
Total Investments	0	0	0	0
Cash, Bank	3 132 000	2 563 000	2 314 000	1 797 000
Total Current Assets	5 297 000	4 478 000	4 786 000	4 343 000
Total Assets	5 656 000	4 523 000	4 840 000	4 419 000
Total Equity	2 211 000	2 260 000	2 216 000	2 187 000
Short-Term Group Debt	135 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	818 000	303 000	582 000	488 000
Unpaid Taxes	754 000	502 000	593 000	499 000
Dividends	1 000 000	800 000	800 000	0
Other Current Debt	460 000	418 000	414 000	950 000
Total Current Debt	3 445 000	2 262 000	2 624 000	2 232 000
Total Equity and Debt	5 656 000	4 523 000	4 840 000	4 419 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,01 %	37,35 %	37,41 %	45,36 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,1 %	12,63 %	12,24 %	13,04 %
Current Ratio	1,54	1,98	1,82	1,95
Quick Ratio	1,79	2,47	2,14	2,29
Equity Ratio	0,39	0,5	0,46	0,49
Gross Profit Margin	73,88 %	72,83 %	73,2 %	70,96 %