HESTENESGATA AS

6800 FØRDE

Finances

Return on Equity

40,76 %

Current Ratio

0,56

Debt-to-Equity Ratio

4,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 140 000	2 100 000	1 868 000	2 004 000
Net Income	1 614 000	645 000	542 000	607 000
Total Assets	22 283 000	20 851 000	21 331 000	21 344 000
Total Equity	3 960 000	2 345 000	1 700 000	1 158 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 140 000	2 100 000	1 868 000	2 004 000
Expenditure	617 000	603 000	562 000	558 000
Operating Profit	1 523 000	1 497 000	1 306 000	1 445 000
Financial Income	1 266 000	6 000	10 000	12 000
Financial Costs	719 000	676 000	620 000	679 000
Financial Balance	547 000	−670 000	−610 000	−667 000
Earnings Before Tax	2 070 000	827 000	695 000	778 000
Tax	455 000	182 000	153 000	171 000
Net Income	1 614 000	645 000	542 000	607 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 685 000	20 000 000	20 340 000	20 695 000
Total Current Assets	598 000	851 000	991 000	649 000
Total Assets	22 283 000	20 851 000	21 331 000	21 344 000
Total Retained Equity	3 930 000	2 315 000	1 670 000	1 128 000
Total Equity	3 960 000	2 345 000	1 700 000	1 158 000
Total Long-Term Debt	17 246 000	17 770 000	18 475 000	18 977 000
Total Current Debt	1 077 000	736 000	1 155 000	1 209 000
Total Equity and Debt	22 283 000	20 851 000	21 331 000	21 344 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	31 000
Other Income	2 140 000	2 100 000	1 868 000	1 972 000
Revenue	2 140 000	2 100 000	1 868 000	2 004 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	355 000	355 000	355 000	357 000
Impairment	0	0	0	0
Expenditure	617 000	603 000	562 000	558 000
Operating Profit	1 523 000	1 497 000	1 306 000	1 445 000
Financial Income	1 266 000	6 000	10 000	12 000
Financial Costs	719 000	676 000	620 000	679 000
Financial Balance	547 000	−670 000	−610 000	−667 000
Dividends	0	0	0	0
Net Income	1 614 000	645 000	542 000	607 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	19 645 000	20 000 000	20 340 000	20 695 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	19 645 000	20 000 000	20 340 000	20 695 000
Total Fiancial Fixed Assets	2 040 000	0	0	0
Total Fixed Assets	21 685 000	20 000 000	20 340 000	20 695 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	578 000	847 000	910 000	583 000
Total Current Assets	598 000	851 000	991 000	649 000
Total Assets	22 283 000	20 851 000	21 331 000	21 344 000
Total Equity	3 960 000	2 345 000	1 700 000	1 158 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 246 000	17 770 000	18 475 000	18 977 000
Creditors	14 000	20 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	658 000	595 000	1 075 000	1 123 000
Total Current Debt	1 077 000	736 000	1 155 000	1 209 000
Total Equity and Debt	22 283 000	20 851 000	21 331 000	21 344 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,76 %	27,51 %	31,88 %	52,42 %
Debt-to-Equity Ratio	4,36	7,58	10,87	16,39
Operating Profit Margin	71,17 %	71,29 %	69,91 %	72,11 %
Current Ratio	0,56	1,16	0,86	0,54
Quick Ratio	0,56	1,16	0,86	0,54
Equity Ratio	0,18	0,11	0,08	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %