ATLE HESTNES AS

7130 BREKSTAD

Finances

Return on Equity

2,9 %

Current Ratio

9,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	662 000	1 057 000	774 000	1 228 000
Net Income	291 000	1 380 000	1 087 000	341 000
Total Assets	11 068 000	11 120 000	10 809 000	10 043 000
Total Equity	10 040 000	9 749 000	9 369 000	8 282 000

Income (NOK)	2022	2021	2020	2019
Revenue	662 000	1 057 000	774 000	1 228 000
Expenditure	217 000	211 000	169 000	436 000
Operating Profit	444 000	846 000	605 000	793 000
Financial Income	56 000	910 000	393 000	58 000
Financial Costs	109 000	191 000	−216 000	339 000
Financial Balance	−53 000	719 000	609 000	−281 000
Earnings Before Tax	390 000	1 565 000	1 214 000	512 000
Tax	100 000	186 000	126 000	171 000
Net Income	291 000	1 380 000	1 087 000	341 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 558 000	1 558 000	1 533 000	370 000
Total Current Assets	9 510 000	9 562 000	9 276 000	9 673 000
Total Assets	11 068 000	11 120 000	10 809 000	10 043 000
Total Retained Equity	9 940 000	9 649 000	9 269 000	8 182 000
Total Equity	10 040 000	9 749 000	9 369 000	8 282 000
Total Long-Term Debt	27 000	34 000	43 000	53 000
Total Current Debt	1 001 000	1 337 000	1 397 000	1 708 000
Total Equity and Debt	11 068 000	11 120 000	10 809 000	10 043 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	157 000	222 000	195 000	382 000
Other Income	504 000	835 000	579 000	846 000
Revenue	662 000	1 057 000	774 000	1 228 000
Cost of Goods Sold	35 000	16 000	21 000	92 000
Salary Costs	8 000	1 000	0	13 000
Depreciation	0	0	0	53 000
Impairment	0	0	0	0
Expenditure	217 000	211 000	169 000	436 000
Operating Profit	444 000	846 000	605 000	793 000
Financial Income	56 000	910 000	393 000	58 000
Financial Costs	109 000	191 000	−216 000	339 000
Financial Balance	−53 000	719 000	609 000	−281 000
Dividends	0	0	0	0
Net Income	291 000	1 380 000	1 087 000	341 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	370 000	370 000	370 000	370 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	370 000	370 000	370 000	370 000
Total Fiancial Fixed Assets	1 188 000	1 188 000	1 163 000	0
Total Fixed Assets	1 558 000	1 558 000	1 533 000	370 000
Stock	0	0	0	0
Total Investments	8 014 000	8 115 000	7 425 000	7 855 000
Cash, Bank	1 354 000	1 305 000	1 709 000	1 664 000
Total Current Assets	9 510 000	9 562 000	9 276 000	9 673 000
Total Assets	11 068 000	11 120 000	10 809 000	10 043 000
Total Equity	10 040 000	9 749 000	9 369 000	8 282 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	27 000	34 000	43 000	53 000
Creditors	18 000	0	7 000	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	877 000	1 144 000	1 254 000	1 497 000
Total Current Debt	1 001 000	1 337 000	1 397 000	1 708 000
Total Equity and Debt	11 068 000	11 120 000	10 809 000	10 043 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,9 %	14,16 %	11,6 %	4,12 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	67,07 %	80,04 %	78,17 %	64,58 %
Current Ratio	9,5	7,15	6,64	5,66
Quick Ratio	9,5	7,15	6,64	5,66
Equity Ratio	0,91	0,88	0,87	0,82
Gross Profit Margin	94,71 %	98,49 %	97,29 %	92,51 %