HESNES MANAGEMENT SERVICES AS

3140 NØTTERØY

Finances

Share Ownership

Return on Equity

23,9 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 421 000	14 008 000	11 618 000	12 087 000
Net Income	103 000	88 000	88 000	91 000
Total Assets	2 779 000	3 076 000	3 669 000	4 042 000
Total Equity	431 000	329 000	241 000	209 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 421 000	14 008 000	11 618 000	12 087 000
Expenditure	13 262 000	13 892 000	11 510 000	11 995 000
Operating Profit	159 000	116 000	109 000	93 000
Financial Income	6 000	1 000	6 000	26 000
Financial Costs	32 000	3 000	1 000	0
Financial Balance	−26 000	−2 000	5 000	26 000
Earnings Before Tax	133 000	113 000	114 000	119 000
Tax	30 000	25 000	26 000	29 000
Net Income	103 000	88 000	88 000	91 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 000	71 000	584 000	287 000
Total Current Assets	2 754 000	3 005 000	3 084 000	3 755 000
Total Assets	2 779 000	3 076 000	3 669 000	4 042 000
Total Retained Equity	331 000	229 000	141 000	109 000
Total Equity	431 000	329 000	241 000	209 000
Total Long-Term Debt	0	0	28 000	18 000
Total Current Debt	2 347 000	2 748 000	3 400 000	3 815 000
Total Equity and Debt	2 779 000	3 076 000	3 669 000	4 042 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 421 000	14 008 000	11 555 000	12 087 000
Other Income	0	0	63 000	0
Revenue	13 421 000	14 008 000	11 618 000	12 087 000
Cost of Goods Sold	0	0	0	0
Salary Costs	11 345 000	11 815 000	9 539 000	9 979 000
Depreciation	54 000	144 000	138 000	132 000
Impairment	0	0	0	0
Expenditure	13 262 000	13 892 000	11 510 000	11 995 000
Operating Profit	159 000	116 000	109 000	93 000
Financial Income	6 000	1 000	6 000	26 000
Financial Costs	32 000	3 000	1 000	0
Financial Balance	−26 000	−2 000	5 000	26 000
Dividends	0	0	0	0
Net Income	103 000	88 000	88 000	91 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 000	11 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 000	60 000	584 000	287 000
Total Tangible Assets	6 000	60 000	584 000	287 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	24 000	71 000	584 000	287 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	281 000	1 109 000	1 750 000	2 670 000
Total Current Assets	2 754 000	3 005 000	3 084 000	3 755 000
Total Assets	2 779 000	3 076 000	3 669 000	4 042 000
Total Equity	431 000	329 000	241 000	209 000
Short-Term Group Debt	4 000	237 000	1 054 000	1 477 000
Total Long-Term Debt	0	0	28 000	18 000
Creditors	480 000	433 000	326 000	401 000
Unpaid Taxes	1 755 000	1 794 000	1 872 000	1 776 000
Dividends	0	0	0	0
Other Current Debt	73 000	219 000	148 000	162 000
Total Current Debt	2 347 000	2 748 000	3 400 000	3 815 000
Total Equity and Debt	2 779 000	3 076 000	3 669 000	4 042 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,9 %	26,75 %	36,51 %	43,54 %
Debt-to-Equity Ratio	0	0	0,12	0,09
Operating Profit Margin	1,18 %	0,83 %	0,94 %	0,77 %
Current Ratio	1,17	1,09	0,91	0,98
Quick Ratio	1,17	1,09	0,91	0,98
Equity Ratio	0,16	0,11	0,07	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %