HEDENSTAD & CO AS

1363 HØVIK

Finances

Return on Equity

−6,51 %

Current Ratio

2,37

Debt-to-Equity Ratio

2,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	173 000	423 000	351 000	628 000
Net Income	−128 000	2 071 000	55 000	−91 000
Total Assets	6 424 000	6 693 000	4 759 000	334 000
Total Equity	1 965 000	2 093 000	22 000	−33 000

Income (NOK)	2022	2021	2020	2019
Revenue	173 000	423 000	351 000	628 000
Expenditure	305 000	324 000	297 000	724 000
Operating Profit	−132 000	98 000	54 000	−96 000
Financial Income	4 000	2 001 000	1 000	6 000
Financial Costs	0	0	0	1 000
Financial Balance	4 000	2 001 000	1 000	5 000
Earnings Before Tax	−128 000	2 099 000	55 000	−91 000
Tax	0	27 000	0	0
Net Income	−128 000	2 071 000	55 000	−91 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 342 000	5 771 000	4 678 000	−208 000
Total Current Assets	83 000	921 000	81 000	542 000
Total Assets	6 424 000	6 693 000	4 759 000	334 000
Total Retained Equity	1 915 000	2 043 000	−28 000	−83 000
Total Equity	1 965 000	2 093 000	22 000	−33 000
Total Long-Term Debt	4 425 000	4 500 000	4 500 000	0
Total Current Debt	35 000	99 000	237 000	367 000
Total Equity and Debt	6 424 000	6 693 000	4 759 000	334 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	173 000	423 000	341 000	628 000
Other Income	0	0	10 000	0
Revenue	173 000	423 000	351 000	628 000
Cost of Goods Sold	0	0	0	0
Salary Costs	−10 000	18 000	17 000	182 000
Depreciation	17 000	22 000	30 000	39 000
Impairment	0	0	0	0
Expenditure	305 000	324 000	297 000	724 000
Operating Profit	−132 000	98 000	54 000	−96 000
Financial Income	4 000	2 001 000	1 000	6 000
Financial Costs	0	0	0	1 000
Financial Balance	4 000	2 001 000	1 000	5 000
Dividends	0	0	0	0
Net Income	−128 000	2 071 000	55 000	−91 000

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	0
Fixtures	54 000	71 000	94 000	123 000
Total Tangible Assets	54 000	71 000	94 000	123 000
Total Fiancial Fixed Assets	6 288 000	5 700 000	4 584 000	−331 000
Total Fixed Assets	6 342 000	5 771 000	4 678 000	−208 000
Stock	0	0	0	0
Total Investments	0	0	0	6 000
Cash, Bank	57 000	911 000	79 000	136 000
Total Current Assets	83 000	921 000	81 000	542 000
Total Assets	6 424 000	6 693 000	4 759 000	334 000
Total Equity	1 965 000	2 093 000	22 000	−33 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 425 000	4 500 000	4 500 000	0
Creditors	19 000	8 000	5 000	0
Unpaid Taxes	15 000	32 000	19 000	29 000
Dividends	0	0	0	0
Other Current Debt	0	33 000	213 000	338 000
Total Current Debt	35 000	99 000	237 000	367 000
Total Equity and Debt	6 424 000	6 693 000	4 759 000	334 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,51 %	98,95 %	250 %	275,76 %
Debt-to-Equity Ratio	2,25	2,15	204,55	−0
Operating Profit Margin	−76,3 %	23,17 %	15,38 %	−15,29 %
Current Ratio	2,37	9,3	0,34	1,48
Quick Ratio	2,37	9,3	0,34	1,48
Equity Ratio	0,31	0,31	0	−0,1
Gross Profit Margin	100 %	100 %	100 %	100 %