H E D KRISTIANSAND AS

4626 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

16,88 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 608 000	9 589 000	12 440 000	13 111 000
Net Income	254 000	168 000	199 000	438 000
Total Assets	4 643 000	5 232 000	5 215 000	2 871 000
Total Equity	1 505 000	1 251 000	1 083 000	884 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 608 000	9 589 000	12 440 000	13 111 000
Expenditure	9 279 000	9 373 000	12 186 000	12 558 000
Operating Profit	329 000	217 000	254 000	553 000
Financial Income	4 000	2 000	4 000	9 000
Financial Costs	0	0	1 000	0
Financial Balance	4 000	2 000	3 000	9 000
Earnings Before Tax	333 000	218 000	257 000	562 000
Tax	79 000	50 000	58 000	125 000
Net Income	254 000	168 000	199 000	438 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	773 000	933 000	1 080 000	225 000
Total Current Assets	3 870 000	4 300 000	4 136 000	2 645 000
Total Assets	4 643 000	5 232 000	5 215 000	2 871 000
Total Retained Equity	−289 000	−543 000	−711 000	−910 000
Total Equity	1 505 000	1 251 000	1 083 000	884 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 138 000	3 981 000	4 132 000	1 987 000
Total Equity and Debt	4 643 000	5 232 000	5 215 000	2 871 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 402 000	8 941 000	11 469 000	12 202 000
Other Income	1 206 000	649 000	971 000	909 000
Revenue	9 608 000	9 589 000	12 440 000	13 111 000
Cost of Goods Sold	4 901 000	5 274 000	7 661 000	8 608 000
Salary Costs	2 727 000	2 556 000	2 972 000	2 414 000
Depreciation	162 000	171 000	91 000	60 000
Impairment	0	0	0	0
Expenditure	9 279 000	9 373 000	12 186 000	12 558 000
Operating Profit	329 000	217 000	254 000	553 000
Financial Income	4 000	2 000	4 000	9 000
Financial Costs	0	0	1 000	0
Financial Balance	4 000	2 000	3 000	9 000
Dividends	0	0	0	0
Net Income	254 000	168 000	199 000	438 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	122 000	119 000	125 000	156 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	651 000	813 000	954 000	69 000
Total Tangible Assets	651 000	813 000	954 000	69 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	773 000	933 000	1 080 000	225 000
Stock	1 035 000	954 000	929 000	1 034 000
Total Investments	0	0	0	0
Cash, Bank	942 000	826 000	484 000	883 000
Total Current Assets	3 870 000	4 300 000	4 136 000	2 645 000
Total Assets	4 643 000	5 232 000	5 215 000	2 871 000
Total Equity	1 505 000	1 251 000	1 083 000	884 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	628 000	1 508 000	1 771 000	241 000
Unpaid Taxes	162 000	163 000	152 000	132 000
Dividends	0	0	0	0
Other Current Debt	2 266 000	2 265 000	2 183 000	1 486 000
Total Current Debt	3 138 000	3 981 000	4 132 000	1 987 000
Total Equity and Debt	4 643 000	5 232 000	5 215 000	2 871 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,88 %	13,43 %	18,37 %	49,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,42 %	2,26 %	2,04 %	4,22 %
Current Ratio	1,23	1,08	1	1,33
Quick Ratio	1,84	1,42	1,29	2,78
Equity Ratio	0,32	0,24	0,21	0,31
Gross Profit Margin	48,99 %	45 %	38,42 %	34,35 %