HESTNES BORETTSLAG

4017 STAVANGER

Finances

Share Ownership

Return on Equity

28 %

Current Ratio

1,54

Debt-to-Equity Ratio

360

Key figures (NOK)	2022	2021	2020	2019
Revenue	245 000	240 000	240 000	100 000
Net Income	7 000	−10 000	45 000	−41 000
Total Assets	9 071 000	9 090 000	9 074 000	9 055 000
Total Equity	25 000	19 000	29 000	−16 000

Income (NOK)	2022	2021	2020	2019
Revenue	245 000	240 000	240 000	100 000
Expenditure	239 000	250 000	195 000	141 000
Operating Profit	6 000	−10 000	45 000	−41 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	6 000	−10 000	45 000	−41 000
Tax	0	0	0	0
Net Income	7 000	−10 000	45 000	−41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 000 000	9 000 000	9 000 000	9 000 000
Total Current Assets	71 000	90 000	74 000	55 000
Total Assets	9 071 000	9 090 000	9 074 000	9 055 000
Total Retained Equity	0	−6 000	4 000	−41 000
Total Equity	25 000	19 000	29 000	−16 000
Total Long-Term Debt	9 000 000	9 000 000	9 000 000	9 000 000
Total Current Debt	46 000	71 000	46 000	71 000
Total Equity and Debt	9 071 000	9 090 000	9 074 000	9 055 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	245 000	240 000	240 000	100 000
Revenue	245 000	240 000	240 000	100 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	239 000	250 000	195 000	141 000
Operating Profit	6 000	−10 000	45 000	−41 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	7 000	−10 000	45 000	−41 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 000 000	9 000 000	9 000 000	9 000 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	9 000 000	9 000 000	9 000 000	9 000 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 000 000	9 000 000	9 000 000	9 000 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	41 000	61 000	52 000	34 000
Total Current Assets	71 000	90 000	74 000	55 000
Total Assets	9 071 000	9 090 000	9 074 000	9 055 000
Total Equity	25 000	19 000	29 000	−16 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 000 000	9 000 000	9 000 000	9 000 000
Creditors	29 000	48 000	26 000	39 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	17 000	23 000	20 000	32 000
Total Current Debt	46 000	71 000	46 000	71 000
Total Equity and Debt	9 071 000	9 090 000	9 074 000	9 055 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28 %	−52,63 %	155,17 %	256,25 %
Debt-to-Equity Ratio	360	473,68	310,34	−562,5
Operating Profit Margin	2,45 %	−4,17 %	18,75 %	−41 %
Current Ratio	1,54	1,27	1,61	0,77
Quick Ratio	1,54	1,27	1,61	0,77
Equity Ratio	0	0	0	−0
Gross Profit Margin	100 %	100 %	100 %	100 %