HESTAD INVEST AS

6200 STRANDA

Finances

Return on Equity

−13,75 %

Current Ratio

7,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 000	788 000	857 000	1 469 000
Net Income	−215 000	456 000	439 000	1 058 000
Total Assets	1 776 000	2 002 000	1 467 000	1 486 000
Total Equity	1 564 000	1 778 000	1 322 000	883 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 000	788 000	857 000	1 469 000
Expenditure	247 000	206 000	284 000	113 000
Operating Profit	−234 000	581 000	574 000	1 356 000
Financial Income	20 000	0	0	0
Financial Costs	0	0	2 000	1 000
Financial Balance	20 000	0	−2 000	−1 000
Earnings Before Tax	−215 000	581 000	572 000	1 355 000
Tax	0	125 000	132 000	297 000
Net Income	−215 000	456 000	439 000	1 058 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	226 000	248 000	270 000	200 000
Total Current Assets	1 550 000	1 753 000	1 197 000	1 286 000
Total Assets	1 776 000	2 002 000	1 467 000	1 486 000
Total Retained Equity	1 534 000	1 748 000	1 292 000	853 000
Total Equity	1 564 000	1 778 000	1 322 000	883 000
Total Long-Term Debt	0	0	0	3 000
Total Current Debt	212 000	223 000	145 000	601 000
Total Equity and Debt	1 776 000	2 002 000	1 467 000	1 486 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 000	788 000	857 000	1 469 000
Other Income	0	0	0	0
Revenue	13 000	788 000	857 000	1 469 000
Cost of Goods Sold	0	0	18 000	0
Salary Costs	0	0	0	0
Depreciation	22 000	22 000	50 000	0
Impairment	0	0	0	0
Expenditure	247 000	206 000	284 000	113 000
Operating Profit	−234 000	581 000	574 000	1 356 000
Financial Income	20 000	0	0	0
Financial Costs	0	0	2 000	1 000
Financial Balance	20 000	0	−2 000	−1 000
Dividends	0	0	0	200 000
Net Income	−215 000	456 000	439 000	1 058 000

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	0	0
Fixtures	26 000	48 000	70 000	0
Total Tangible Assets	26 000	48 000	70 000	0
Total Fiancial Fixed Assets	200 000	200 000	200 000	200 000
Total Fixed Assets	226 000	248 000	270 000	200 000
Stock	175 000	175 000	0	0
Total Investments	0	50 000	0	0
Cash, Bank	1 000	44 000	571 000	86 000
Total Current Assets	1 550 000	1 753 000	1 197 000	1 286 000
Total Assets	1 776 000	2 002 000	1 467 000	1 486 000
Total Equity	1 564 000	1 778 000	1 322 000	883 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	3 000
Creditors	127 000	5 000	1 000	4 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	200 000
Other Current Debt	85 000	93 000	9 000	103 000
Total Current Debt	212 000	223 000	145 000	601 000
Total Equity and Debt	1 776 000	2 002 000	1 467 000	1 486 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,75 %	25,65 %	33,21 %	119,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1 800 %	73,73 %	66,98 %	92,31 %
Current Ratio	7,31	7,86	8,26	2,14
Quick Ratio	41,89	36,52	8,26	2,14
Equity Ratio	0,88	0,89	0,9	0,59
Gross Profit Margin	100 %	100 %	97,9 %	100 %