HJELSETHGÅRDEN AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

25,65 %

Current Ratio

7,22

Debt-to-Equity Ratio

1,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 494 000	1 451 000	361 000	0
Net Income	426 000	384 000	−730 000	0
Total Assets	3 613 000	3 424 000	3 348 000	30 000
Total Equity	1 661 000	1 484 000	1 101 000	30 000

Income (NOK)	2022	2021	2020
Revenue	1 494 000	1 451 000	361 000
Expenditure	960 000	1 020 000	1 085 000
Operating Profit	535 000	430 000	−724 000
Financial Income	0	0	5 000
Financial Costs	76 000	47 000	11 000
Financial Balance	−76 000	−47 000	−6 000
Earnings Before Tax	459 000	384 000	−730 000
Tax	32 000	0	0
Net Income	426 000	384 000	−730 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 725 000	2 832 000	2 896 000	0
Total Current Assets	888 000	592 000	452 000	30 000
Total Assets	3 613 000	3 424 000	3 348 000	30 000
Total Retained Equity	80 000	−346 000	−730 000	0
Total Equity	1 661 000	1 484 000	1 101 000	30 000
Total Long-Term Debt	1 829 000	1 848 000	0	0
Total Current Debt	123 000	91 000	2 247 000	0
Total Equity and Debt	3 613 000	3 424 000	3 348 000	30 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 494 000	1 451 000	0
Other Income	0	0	361 000
Revenue	1 494 000	1 451 000	361 000
Cost of Goods Sold	0	0	0
Salary Costs	495 000	537 000	46 000
Depreciation	107 000	106 000	106 000
Impairment	0	0	0
Expenditure	960 000	1 020 000	1 085 000
Operating Profit	535 000	430 000	−724 000
Financial Income	0	0	5 000
Financial Costs	76 000	47 000	11 000
Financial Balance	−76 000	−47 000	−6 000
Dividends	0	0	2 032 000
Net Income	426 000	384 000	−730 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 725 000	2 832 000	2 896 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 725 000	2 832 000	2 896 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 725 000	2 832 000	2 896 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	861 000	553 000	133 000	30 000
Total Current Assets	888 000	592 000	452 000	30 000
Total Assets	3 613 000	3 424 000	3 348 000	30 000
Total Equity	1 661 000	1 484 000	1 101 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 829 000	1 848 000	0	0
Creditors	22 000	14 000	209 000	0
Unpaid Taxes	37 000	27 000	0	0
Dividends	0	0	2 032 000	0
Other Current Debt	54 000	50 000	2 038 000	0
Total Current Debt	123 000	91 000	2 247 000	0
Total Equity and Debt	3 613 000	3 424 000	3 348 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,65 %	25,88 %	−66,3 %	0 %
Debt-to-Equity Ratio	1,1	1,25	0	0
Operating Profit Margin	35,81 %	29,63 %	−200,55 %	-
Current Ratio	7,22	6,51	0,2	-
Quick Ratio	7,22	6,51	0,2	-
Equity Ratio	0,46	0,43	0,33	1
Gross Profit Margin	100 %	100 %	100 %	-