AS HESTEUTSTYR

4033 STAVANGER

Finances

Share Ownership

Return on Equity

−16,71 %

Current Ratio

3,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 843 000	2 998 000	2 789 000	2 992 000
Net Income	−179 000	251 000	157 000	191 000
Total Assets	1 559 000	1 557 000	1 418 000	1 499 000
Total Equity	1 071 000	1 251 000	1 000 000	993 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 843 000	2 998 000	2 789 000	2 992 000
Expenditure	3 068 000	2 676 000	2 576 000	2 744 000
Operating Profit	−225 000	321 000	213 000	248 000
Financial Income	5 000	6 000	8 000	3 000
Financial Costs	11 000	6 000	19 000	7 000
Financial Balance	−6 000	0	−11 000	−4 000
Earnings Before Tax	−230 000	321 000	202 000	245 000
Tax	−51 000	71 000	44 000	54 000
Net Income	−179 000	251 000	157 000	191 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	91 000	27 000	0	53 000
Total Current Assets	1 468 000	1 530 000	1 418 000	1 446 000
Total Assets	1 559 000	1 557 000	1 418 000	1 499 000
Total Retained Equity	971 000	1 151 000	900 000	893 000
Total Equity	1 071 000	1 251 000	1 000 000	993 000
Total Long-Term Debt	0	1 000	0	5 000
Total Current Debt	488 000	306 000	418 000	501 000
Total Equity and Debt	1 559 000	1 557 000	1 418 000	1 499 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 843 000	2 998 000	2 789 000	2 992 000
Other Income	0	0	0	0
Revenue	2 843 000	2 998 000	2 789 000	2 992 000
Cost of Goods Sold	2 202 000	1 915 000	1 750 000	1 894 000
Salary Costs	561 000	581 000	584 000	589 000
Depreciation	11 000	0	11 000	13 000
Impairment	0	0	0	0
Expenditure	3 068 000	2 676 000	2 576 000	2 744 000
Operating Profit	−225 000	321 000	213 000	248 000
Financial Income	5 000	6 000	8 000	3 000
Financial Costs	11 000	6 000	19 000	7 000
Financial Balance	−6 000	0	−11 000	−4 000
Dividends	0	0	150 000	200 000
Net Income	−179 000	251 000	157 000	191 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	49 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	42 000	27 000	0	53 000
Total Tangible Assets	42 000	27 000	0	53 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	91 000	27 000	0	53 000
Stock	1 000 000	908 000	758 000	771 000
Total Investments	0	0	0	0
Cash, Bank	309 000	483 000	545 000	557 000
Total Current Assets	1 468 000	1 530 000	1 418 000	1 446 000
Total Assets	1 559 000	1 557 000	1 418 000	1 499 000
Total Equity	1 071 000	1 251 000	1 000 000	993 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	5 000
Creditors	272 000	43 000	3 000	55 000
Unpaid Taxes	105 000	130 000	152 000	128 000
Dividends	0	0	150 000	200 000
Other Current Debt	110 000	63 000	63 000	63 000
Total Current Debt	488 000	306 000	418 000	501 000
Total Equity and Debt	1 559 000	1 557 000	1 418 000	1 499 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,71 %	20,06 %	15,7 %	19,23 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−7,91 %	10,71 %	7,64 %	8,29 %
Current Ratio	3,01	5	3,39	2,89
Quick Ratio	−2,87	−2,54	−4,17	−5,36
Equity Ratio	0,69	0,8	0,71	0,66
Gross Profit Margin	22,55 %	36,12 %	37,25 %	36,7 %