HEGGLAND LAFT AS

3870 FYRESDAL

Finances

Share Ownership

Return on Equity

67,44 %

Current Ratio

2,36

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 493 000	1 453 000	1 353 000	2 226 000
Net Income	377 000	31 000	25 000	196 000
Total Assets	1 004 000	468 000	529 000	648 000
Total Equity	559 000	182 000	151 000	126 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 493 000	1 453 000	1 353 000	2 226 000
Expenditure	2 010 000	1 414 000	1 318 000	1 972 000
Operating Profit	482 000	39 000	36 000	255 000
Financial Income	6 000	7 000	4 000	7 000
Financial Costs	5 000	6 000	8 000	10 000
Financial Balance	1 000	1 000	−4 000	−3 000
Earnings Before Tax	484 000	40 000	32 000	252 000
Tax	107 000	9 000	7 000	55 000
Net Income	377 000	31 000	25 000	196 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	71 000	87 000	103 000	119 000
Total Current Assets	933 000	381 000	426 000	529 000
Total Assets	1 004 000	468 000	529 000	648 000
Total Retained Equity	529 000	152 000	121 000	96 000
Total Equity	559 000	182 000	151 000	126 000
Total Long-Term Debt	50 000	91 000	131 000	171 000
Total Current Debt	395 000	195 000	247 000	350 000
Total Equity and Debt	1 004 000	468 000	529 000	648 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 493 000	1 453 000	1 353 000	2 226 000
Other Income	0	0	0	0
Revenue	2 493 000	1 453 000	1 353 000	2 226 000
Cost of Goods Sold	876 000	450 000	350 000	954 000
Salary Costs	951 000	801 000	791 000	846 000
Depreciation	16 000	16 000	16 000	16 000
Impairment	0	0	0	0
Expenditure	2 010 000	1 414 000	1 318 000	1 972 000
Operating Profit	482 000	39 000	36 000	255 000
Financial Income	6 000	7 000	4 000	7 000
Financial Costs	5 000	6 000	8 000	10 000
Financial Balance	1 000	1 000	−4 000	−3 000
Dividends	0	0	0	100 000
Net Income	377 000	31 000	25 000	196 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	35 000	36 000	38 000	39 000
Machinery and Plant Facilities	36 000	51 000	65 000	80 000
Fixtures	0	0	0	0
Total Tangible Assets	71 000	87 000	103 000	119 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	71 000	87 000	103 000	119 000
Stock	0	59 000	58 000	58 000
Total Investments	0	0	0	0
Cash, Bank	897 000	235 000	301 000	210 000
Total Current Assets	933 000	381 000	426 000	529 000
Total Assets	1 004 000	468 000	529 000	648 000
Total Equity	559 000	182 000	151 000	126 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	50 000	91 000	131 000	171 000
Creditors	15 000	22 000	34 000	13 000
Unpaid Taxes	181 000	87 000	132 000	100 000
Dividends	0	0	0	100 000
Other Current Debt	91 000	77 000	74 000	183 000
Total Current Debt	395 000	195 000	247 000	350 000
Total Equity and Debt	1 004 000	468 000	529 000	648 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,44 %	17,03 %	16,56 %	155,56 %
Debt-to-Equity Ratio	0,09	0,5	0,87	1,36
Operating Profit Margin	19,33 %	2,68 %	2,66 %	11,46 %
Current Ratio	2,36	1,95	1,72	1,51
Quick Ratio	2,36	2,8	2,25	1,81
Equity Ratio	0,56	0,39	0,29	0,19
Gross Profit Margin	64,86 %	69,03 %	74,13 %	57,14 %