HEDMARK SERVICE AS

2211 KONGSVINGER

Finances

Share Ownership

Return on Equity

27,49 %

Current Ratio

1,66

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	62 694 000	49 836 000	45 679 000	44 491 000
Net Income	2 012 000	1 065 000	791 000	336 000
Total Assets	18 656 000	14 550 000	13 187 000	11 210 000
Total Equity	7 319 000	5 307 000	4 242 000	3 451 000

Income (NOK)	2022	2021	2020	2019
Revenue	62 694 000	49 836 000	45 679 000	44 491 000
Expenditure	60 152 000	48 618 000	44 698 000	44 026 000
Operating Profit	2 543 000	1 217 000	981 000	465 000
Financial Income	377 000	307 000	237 000	187 000
Financial Costs	340 000	159 000	203 000	221 000
Financial Balance	37 000	148 000	34 000	−34 000
Earnings Before Tax	2 579 000	1 366 000	1 014 000	431 000
Tax	568 000	300 000	223 000	95 000
Net Income	2 012 000	1 065 000	791 000	336 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	748 000	550 000	911 000	482 000
Total Current Assets	17 908 000	14 000 000	12 276 000	10 728 000
Total Assets	18 656 000	14 550 000	13 187 000	11 210 000
Total Retained Equity	4 679 000	2 667 000	4 042 000	3 251 000
Total Equity	7 319 000	5 307 000	4 242 000	3 451 000
Total Long-Term Debt	544 000	841 000	1 123 000	891 000
Total Current Debt	10 793 000	8 401 000	7 822 000	6 867 000
Total Equity and Debt	18 656 000	14 550 000	13 187 000	11 210 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	62 082 000	47 945 000	44 931 000	44 391 000
Other Income	613 000	1 891 000	748 000	100 000
Revenue	62 694 000	49 836 000	45 679 000	44 491 000
Cost of Goods Sold	27 961 000	21 990 000	21 096 000	21 186 000
Salary Costs	16 573 000	14 439 000	13 157 000	12 456 000
Depreciation	165 000	142 000	142 000	123 000
Impairment	0	0	0	0
Expenditure	60 152 000	48 618 000	44 698 000	44 026 000
Operating Profit	2 543 000	1 217 000	981 000	465 000
Financial Income	377 000	307 000	237 000	187 000
Financial Costs	340 000	159 000	203 000	221 000
Financial Balance	37 000	148 000	34 000	−34 000
Dividends	0	0	0	0
Net Income	2 012 000	1 065 000	791 000	336 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	88 000	98 000	109 000	121 000
Machinery and Plant Facilities	250 000	319 000	572 000	131 000
Fixtures	332 000	92 000	134 000	231 000
Total Tangible Assets	670 000	508 000	815 000	482 000
Total Fiancial Fixed Assets	78 000	42 000	96 000	0
Total Fixed Assets	748 000	550 000	911 000	482 000
Stock	6 247 000	6 500 000	5 375 000	4 825 000
Total Investments	0	0	0	0
Cash, Bank	2 430 000	1 230 000	2 494 000	577 000
Total Current Assets	17 908 000	14 000 000	12 276 000	10 728 000
Total Assets	18 656 000	14 550 000	13 187 000	11 210 000
Total Equity	7 319 000	5 307 000	4 242 000	3 451 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	544 000	841 000	1 123 000	891 000
Creditors	5 439 000	4 753 000	4 203 000	3 679 000
Unpaid Taxes	2 739 000	1 958 000	2 108 000	1 808 000
Dividends	0	0	0	0
Other Current Debt	2 053 000	1 398 000	1 249 000	1 244 000
Total Current Debt	10 793 000	8 401 000	7 822 000	6 867 000
Total Equity and Debt	18 656 000	14 550 000	13 187 000	11 210 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,49 %	20,07 %	18,65 %	9,74 %
Debt-to-Equity Ratio	0,07	0,16	0,26	0,26
Operating Profit Margin	4,06 %	2,44 %	2,15 %	1,05 %
Current Ratio	1,66	1,67	1,57	1,56
Quick Ratio	3,94	7,36	5,02	5,25
Equity Ratio	0,39	0,36	0,32	0,31
Gross Profit Margin	55,4 %	55,88 %	53,82 %	52,38 %