A. HESKESTAD AS

4560 VANSE

Finances

Share Ownership

Return on Equity

33,86 %

Current Ratio

1,85

Debt-to-Equity Ratio

−1,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	251 000	464 000	1 077 000	967 000
Net Income	−85 000	−189 000	0	−1 000
Total Assets	521 000	467 000	781 000	185 000
Total Equity	−251 000	−165 000	24 000	24 000

Income (NOK)	2022	2021	2020	2019
Revenue	251 000	464 000	1 077 000	967 000
Expenditure	271 000	586 000	1 053 000	968 000
Operating Profit	−22 000	−122 000	24 000	−1 000
Financial Income	0	0	0	0
Financial Costs	54 000	67 000	24 000	0
Financial Balance	−54 000	−67 000	−24 000	0
Earnings Before Tax	−76 000	−189 000	0	−1 000
Tax	10 000	0	0	0
Net Income	−85 000	−189 000	0	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	329 000	530 000	0
Total Current Assets	521 000	138 000	251 000	185 000
Total Assets	521 000	467 000	781 000	185 000
Total Retained Equity	−281 000	−190 000	−1 000	−1 000
Total Equity	−251 000	−165 000	24 000	24 000
Total Long-Term Debt	489 000	522 000	624 000	0
Total Current Debt	282 000	110 000	134 000	162 000
Total Equity and Debt	521 000	467 000	782 000	185 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	221 000	391 000	1 077 000	967 000
Other Income	30 000	73 000	0	0
Revenue	251 000	464 000	1 077 000	967 000
Cost of Goods Sold	6 000	122 000	125 000	118 000
Salary Costs	6 000	172 000	558 000	561 000
Depreciation	28 000	73 000	61 000	0
Impairment	0	0	0	0
Expenditure	271 000	586 000	1 053 000	968 000
Operating Profit	−22 000	−122 000	24 000	−1 000
Financial Income	0	0	0	0
Financial Costs	54 000	67 000	24 000	0
Financial Balance	−54 000	−67 000	−24 000	0
Dividends	0	0	0	0
Net Income	−85 000	−189 000	0	−1 000

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	0	0	77 000	0
Fixtures	0	329 000	377 000	0
Total Tangible Assets	0	329 000	530 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	329 000	530 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	65 000	46 000	67 000	73 000
Total Current Assets	521 000	138 000	251 000	185 000
Total Assets	521 000	467 000	781 000	185 000
Total Equity	−251 000	−165 000	24 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	489 000	522 000	624 000	0
Creditors	131 000	68 000	24 000	28 000
Unpaid Taxes	0	−12 000	54 000	76 000
Dividends	0	0	0	0
Other Current Debt	151 000	54 000	56 000	57 000
Total Current Debt	282 000	110 000	134 000	162 000
Total Equity and Debt	521 000	467 000	782 000	185 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,86 %	114,55 %	0 %	−4,17 %
Debt-to-Equity Ratio	−1,95	−3,16	26	0
Operating Profit Margin	−8,76 %	−26,29 %	2,23 %	−0,1 %
Current Ratio	1,85	1,25	1,87	1,14
Quick Ratio	1,85	1,25	1,87	1,14
Equity Ratio	−0,48	−0,35	0,03	0,13
Gross Profit Margin	97,61 %	73,71 %	88,39 %	87,8 %