HIET HOLDING AS

4055 SOLA

Finances

Return on Equity

−15,55 %

Current Ratio

1,57

Debt-to-Equity Ratio

1,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	298 957 000	84 881 000	108 296 000	122 326 000
Net Income	−4 100 000	4 419 000	12 787 000	−1 405 000
Total Assets	152 417 000	176 085 000	122 160 000	106 149 000
Total Equity	26 360 000	30 959 000	27 141 000	21 543 000

Income (NOK)	2022	2021	2020	2019
Revenue	298 957 000	84 881 000	108 296 000	122 326 000
Expenditure	301 174 000	80 923 000	96 173 000	131 277 000
Operating Profit	−2 217 000	3 957 000	12 122 000	−8 950 000
Financial Income	−436 000	2 401 000	4 670 000	7 245 000
Financial Costs	2 455 000	1 273 000	1 934 000	1 972 000
Financial Balance	−2 891 000	1 128 000	2 736 000	5 273 000
Earnings Before Tax	−5 108 000	5 085 000	14 858 000	−3 678 000
Tax	−1 008 000	666 000	2 070 000	−2 273 000
Net Income	−4 100 000	4 419 000	12 787 000	−1 405 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 639 000	13 749 000	13 649 000	13 279 000
Total Current Assets	139 778 000	162 336 000	108 512 000	92 871 000
Total Assets	152 417 000	176 085 000	122 160 000	106 149 000
Total Retained Equity	22 342 000	14 688 000	23 123 000	14 513 000
Total Equity	26 360 000	30 959 000	27 141 000	21 543 000
Total Long-Term Debt	36 786 000	50 520 000	55 317 000	61 871 000
Total Current Debt	89 271 000	94 607 000	39 703 000	22 736 000
Total Equity and Debt	152 417 000	176 085 000	122 160 000	106 149 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	298 957 000	84 717 000	107 561 000	122 323 000
Other Income	0	164 000	735 000	3 000
Revenue	298 957 000	84 881 000	108 296 000	122 326 000
Cost of Goods Sold	263 843 000	45 536 000	63 527 000	96 732 000
Salary Costs	28 330 000	27 313 000	25 632 000	27 762 000
Depreciation	787 000	771 000	725 000	727 000
Impairment	0	0	0	0
Expenditure	301 174 000	80 923 000	96 173 000	131 277 000
Operating Profit	−2 217 000	3 957 000	12 122 000	−8 950 000
Financial Income	−436 000	2 401 000	4 670 000	7 245 000
Financial Costs	2 455 000	1 273 000	1 934 000	1 972 000
Financial Balance	−2 891 000	1 128 000	2 736 000	5 273 000
Dividends	0	0	0	0
Net Income	−4 100 000	4 419 000	12 787 000	−1 405 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	537 000	0	147 000	2 203 000
Real Eastate	2 444 000	2 208 000	2 431 000	1 133 000
Machinery and Plant Facilities	1 197 000	1 604 000	794 000	846 000
Fixtures	0	0	228 000	199 000
Total Tangible Assets	3 642 000	3 812 000	3 454 000	2 178 000
Total Fiancial Fixed Assets	8 461 000	9 938 000	10 048 000	8 898 000
Total Fixed Assets	12 639 000	13 749 000	13 649 000	13 279 000
Stock	123 612 000	147 551 000	72 044 000	73 906 000
Total Investments	0	0	0	0
Cash, Bank	9 848 000	2 422 000	12 076 000	7 951 000
Total Current Assets	139 778 000	162 336 000	108 512 000	92 871 000
Total Assets	152 417 000	176 085 000	122 160 000	106 149 000
Total Equity	26 360 000	30 959 000	27 141 000	21 543 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	36 786 000	50 520 000	55 317 000	61 871 000
Creditors	8 119 000	13 584 000	6 170 000	4 929 000
Unpaid Taxes	3 781 000	2 810 000	3 426 000	3 756 000
Dividends	0	0	0	0
Other Current Debt	29 548 000	14 090 000	19 838 000	6 250 000
Total Current Debt	89 271 000	94 607 000	39 703 000	22 736 000
Total Equity and Debt	152 417 000	176 085 000	122 160 000	106 149 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,55 %	14,27 %	47,11 %	−6,52 %
Debt-to-Equity Ratio	1,4	1,63	2,04	2,87
Operating Profit Margin	−0,74 %	4,66 %	11,19 %	−7,32 %
Current Ratio	1,57	1,72	2,73	4,08
Quick Ratio	−4,07	−3,07	−3,36	−1,81
Equity Ratio	0,17	0,18	0,22	0,2
Gross Profit Margin	11,75 %	46,35 %	41,34 %	20,92 %