HESTMANN MOTOR AS

0579 OSLO

Finances

Share Ownership

Return on Equity

65,93 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 042 000	3 922 000	3 596 000	3 238 000
Net Income	329 000	411 000	293 000	174 000
Total Assets	1 217 000	1 121 000	993 000	1 288 000
Total Equity	499 000	390 000	379 000	612 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 042 000	3 922 000	3 596 000	3 238 000
Expenditure	3 619 000	3 394 000	3 221 000	3 014 000
Operating Profit	423 000	529 000	376 000	224 000
Financial Income	5 000	1 000	3 000	7 000
Financial Costs	4 000	6 000	7 000	3 000
Financial Balance	1 000	−5 000	−4 000	4 000
Earnings Before Tax	423 000	524 000	372 000	227 000
Tax	95 000	113 000	80 000	53 000
Net Income	329 000	411 000	293 000	174 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 000	63 000	5 000	122 000
Total Current Assets	1 172 000	1 058 000	987 000	1 167 000
Total Assets	1 217 000	1 121 000	993 000	1 288 000
Total Retained Equity	399 000	290 000	279 000	512 000
Total Equity	499 000	390 000	379 000	612 000
Total Long-Term Debt	0	0	0	59 000
Total Current Debt	718 000	731 000	613 000	618 000
Total Equity and Debt	1 217 000	1 121 000	993 000	1 288 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 020 000	3 922 000	3 560 000	3 213 000
Other Income	22 000	0	37 000	25 000
Revenue	4 042 000	3 922 000	3 596 000	3 238 000
Cost of Goods Sold	1 759 000	1 758 000	1 614 000	1 497 000
Salary Costs	1 264 000	1 204 000	1 080 000	989 000
Depreciation	18 000	4 000	17 000	58 000
Impairment	0	0	0	0
Expenditure	3 619 000	3 394 000	3 221 000	3 014 000
Operating Profit	423 000	529 000	376 000	224 000
Financial Income	5 000	1 000	3 000	7 000
Financial Costs	4 000	6 000	7 000	3 000
Financial Balance	1 000	−5 000	−4 000	4 000
Dividends	220 000	400 000	200 000	0
Net Income	329 000	411 000	293 000	174 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	113 000
Fixtures	46 000	63 000	5 000	9 000
Total Tangible Assets	46 000	63 000	5 000	122 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	46 000	63 000	5 000	122 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 107 000	971 000	934 000	1 026 000
Total Current Assets	1 172 000	1 058 000	987 000	1 167 000
Total Assets	1 217 000	1 121 000	993 000	1 288 000
Total Equity	499 000	390 000	379 000	612 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	59 000
Creditors	96 000	0	35 000	219 000
Unpaid Taxes	198 000	217 000	202 000	230 000
Dividends	220 000	400 000	200 000	0
Other Current Debt	110 000	0	97 000	113 000
Total Current Debt	718 000	731 000	613 000	618 000
Total Equity and Debt	1 217 000	1 121 000	993 000	1 288 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,93 %	105,38 %	77,31 %	28,43 %
Debt-to-Equity Ratio	0	0	0	0,1
Operating Profit Margin	10,47 %	13,49 %	10,46 %	6,92 %
Current Ratio	1,63	1,45	1,61	1,89
Quick Ratio	1,63	1,45	1,61	1,89
Equity Ratio	0,41	0,35	0,38	0,48
Gross Profit Margin	56,48 %	55,18 %	55,12 %	53,77 %