HESTÅSEN SERVICE AS

4821 RYKENE

Finances

Share Ownership

Return on Equity

−36,94 %

Current Ratio

1,76

Debt-to-Equity Ratio

3,29

Key figures (NOK)	2022	2021	2020
Revenue	358 000	489 000	224 000
Net Income	−41 000	95 000	32 000
Total Assets	558 000	207 000	167 000
Total Equity	111 000	152 000	57 000

Income (NOK)	2022	2021	2020
Revenue	358 000	489 000	224 000
Expenditure	386 000	364 000	181 000
Operating Profit	−27 000	124 000	43 000
Financial Income	2 000	0	0
Financial Costs	22 000	2 000	3 000
Financial Balance	−20 000	−2 000	−3 000
Earnings Before Tax	−47 000	122 000	40 000
Tax	−6 000	27 000	8 000
Net Income	−41 000	95 000	32 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	414 000	14 000	89 000
Total Current Assets	144 000	193 000	78 000
Total Assets	558 000	207 000	167 000
Total Retained Equity	81 000	122 000	32 000
Total Equity	111 000	152 000	57 000
Total Long-Term Debt	365 000	6 000	98 000
Total Current Debt	82 000	49 000	13 000
Total Equity and Debt	558 000	207 000	167 000

Cash flow (NOK)	2022	2021	2020
Sales Income	288 000	461 000	224 000
Other Income	70 000	28 000	0
Revenue	358 000	489 000	224 000
Cost of Goods Sold	20 000	0	12 000
Salary Costs	0	43 000	2 000
Depreciation	65 000	8 000	10 000
Impairment	0	0	0
Expenditure	386 000	364 000	181 000
Operating Profit	−27 000	124 000	43 000
Financial Income	2 000	0	0
Financial Costs	22 000	2 000	3 000
Financial Balance	−20 000	−2 000	−3 000
Dividends	0	0	0
Net Income	−41 000	95 000	32 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	89 000
Fixtures	414 000	14 000	0
Total Tangible Assets	414 000	14 000	89 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	414 000	14 000	89 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	74 000	123 000	38 000
Total Current Assets	144 000	193 000	78 000
Total Assets	558 000	207 000	167 000
Total Equity	111 000	152 000	57 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	365 000	6 000	98 000
Creditors	53 000	4 000	8 000
Unpaid Taxes	6 000	18 000	0
Dividends	0	0	0
Other Current Debt	23 000	4 000	0
Total Current Debt	82 000	49 000	13 000
Total Equity and Debt	558 000	207 000	167 000

Financial indicators	2022	2021	2020
Return on Equity	−36,94 %	62,5 %	56,14 %
Debt-to-Equity Ratio	3,29	0,04	1,72
Operating Profit Margin	−7,54 %	25,36 %	19,2 %
Current Ratio	1,76	3,94	6
Quick Ratio	1,76	3,94	6
Equity Ratio	0,2	0,73	0,34
Gross Profit Margin	94,41 %	100 %	94,64 %