HEDLEY IVERSEN AS

7284 MAUSUND

Finances

Share Ownership

Return on Equity

39,08 %

Current Ratio

3,1

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	778 000	263 000	224 000	158 000
Net Income	281 000	126 000	131 000	77 000
Total Assets	1 235 000	885 000	448 000	230 000
Total Equity	719 000	441 000	314 000	183 000

Income (NOK)	2022	2021	2020	2019
Revenue	778 000	263 000	224 000	158 000
Expenditure	402 000	89 000	57 000	59 000
Operating Profit	375 000	173 000	167 000	98 000
Financial Income	0	0	0	0
Financial Costs	16 000	11 000	0	0
Financial Balance	−16 000	−11 000	0	0
Earnings Before Tax	360 000	162 000	168 000	98 000
Tax	79 000	36 000	37 000	22 000
Net Income	281 000	126 000	131 000	77 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	723 000	778 000	124 000	146 000
Total Current Assets	512 000	107 000	324 000	85 000
Total Assets	1 235 000	885 000	448 000	230 000
Total Retained Equity	689 000	411 000	284 000	153 000
Total Equity	719 000	441 000	314 000	183 000
Total Long-Term Debt	351 000	368 000	6 000	6 000
Total Current Debt	165 000	77 000	128 000	41 000
Total Equity and Debt	1 235 000	885 000	448 000	230 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	778 000	263 000	224 000	167 000
Other Income	0	0	0	−9 000
Revenue	778 000	263 000	224 000	158 000
Cost of Goods Sold	1 000	0	0	0
Salary Costs	173 000	0	0	0
Depreciation	71 000	38 000	22 000	5 000
Impairment	0	0	0	0
Expenditure	402 000	89 000	57 000	59 000
Operating Profit	375 000	173 000	167 000	98 000
Financial Income	0	0	0	0
Financial Costs	16 000	11 000	0	0
Financial Balance	−16 000	−11 000	0	0
Dividends	0	0	0	0
Net Income	281 000	126 000	131 000	77 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	73 000	86 000	74 000	82 000
Fixtures	40 000	37 000	50 000	63 000
Total Tangible Assets	723 000	778 000	124 000	146 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	723 000	778 000	124 000	146 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	512 000	107 000	324 000	57 000
Total Current Assets	512 000	107 000	324 000	85 000
Total Assets	1 235 000	885 000	448 000	230 000
Total Equity	719 000	441 000	314 000	183 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	351 000	368 000	6 000	6 000
Creditors	2 000	2 000	3 000	2 000
Unpaid Taxes	24 000	9 000	40 000	−17 000
Dividends	0	0	0	0
Other Current Debt	67 000	47 000	48 000	41 000
Total Current Debt	165 000	77 000	128 000	41 000
Total Equity and Debt	1 235 000	885 000	448 000	230 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,08 %	28,57 %	41,72 %	42,08 %
Debt-to-Equity Ratio	0,49	0,83	0,02	0,03
Operating Profit Margin	48,2 %	65,78 %	74,55 %	62,03 %
Current Ratio	3,1	1,39	2,53	2,07
Quick Ratio	3,1	1,39	2,53	2,07
Equity Ratio	0,58	0,5	0,7	0,8
Gross Profit Margin	99,87 %	100 %	100 %	100 %