TOR ARNE HETLAND INVEST AS

7530 MERÅKER

Finances

Share Ownership

Return on Equity

6,48 %

Current Ratio

47,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	249 000	0	0
Net Income	293 000	2 540 000	−12 000
Total Assets	4 617 000	4 239 000	1 689 000
Total Equity	4 522 000	4 229 000	1 689 000

Income (NOK)	2022	2021	2020
Revenue	249 000	0	0
Expenditure	73 000	17 000	30 000
Operating Profit	176 000	−17 000	−30 000
Financial Income	157 000	2 570 000	15 000
Financial Costs	0	0	0
Financial Balance	157 000	2 570 000	15 000
Earnings Before Tax	333 000	2 553 000	−15 000
Tax	39 000	14 000	−3 000
Net Income	293 000	2 540 000	−12 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	114 000	130 000	649 000
Total Current Assets	4 503 000	4 109 000	1 040 000
Total Assets	4 617 000	4 239 000	1 689 000
Total Retained Equity	4 470 000	4 177 000	1 637 000
Total Equity	4 522 000	4 229 000	1 689 000
Total Long-Term Debt	0	0	0
Total Current Debt	95 000	10 000	0
Total Equity and Debt	4 617 000	4 239 000	1 689 000

Cash flow (NOK)	2022	2021	2020
Sales Income	249 000	0	0
Other Income	0	0	0
Revenue	249 000	0	0
Cost of Goods Sold	0	0	0
Salary Costs	5 000	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	73 000	17 000	30 000
Operating Profit	176 000	−17 000	−30 000
Financial Income	157 000	2 570 000	15 000
Financial Costs	0	0	0
Financial Balance	157 000	2 570 000	15 000
Dividends	0	0	0
Net Income	293 000	2 540 000	−12 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	3 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	114 000	130 000	645 000
Total Fixed Assets	114 000	130 000	649 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	4 490 000	4 109 000	1 040 000
Total Current Assets	4 503 000	4 109 000	1 040 000
Total Assets	4 617 000	4 239 000	1 689 000
Total Equity	4 522 000	4 229 000	1 689 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	0	0
Unpaid Taxes	3 000	0	0
Dividends	0	0	0
Other Current Debt	52 000	0	0
Total Current Debt	95 000	10 000	0
Total Equity and Debt	4 617 000	4 239 000	1 689 000

Financial indicators	2022	2021	2020
Return on Equity	6,48 %	60,06 %	−0,71 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	70,68 %	-	-
Current Ratio	47,4	410,9	-
Quick Ratio	47,4	410,9	-
Equity Ratio	0,98	1	1
Gross Profit Margin	100 %	-	-