HEDDELAND BILOPPHUGGING AS

4534 MARNARDAL

Finances

Share Ownership

Return on Equity

100,22 %

Current Ratio

3,02

Debt-to-Equity Ratio

1,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 967 000	6 390 000	5 208 000	4 209 000
Net Income	458 000	329 000	109 000	−213 000
Total Assets	1 878 000	1 909 000	1 815 000	1 574 000
Total Equity	457 000	−1 000	−330 000	−438 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 967 000	6 390 000	5 208 000	4 209 000
Expenditure	6 450 000	6 002 000	5 029 000	4 333 000
Operating Profit	517 000	388 000	178 000	−124 000
Financial Income	0	0	0	1 000
Financial Costs	59 000	60 000	70 000	89 000
Financial Balance	−59 000	−60 000	−70 000	−88 000
Earnings Before Tax	458 000	329 000	109 000	−213 000
Tax	0	0	0	0
Net Income	458 000	329 000	109 000	−213 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	151 000	201 000	243 000	354 000
Total Current Assets	1 727 000	1 708 000	1 572 000	1 219 000
Total Assets	1 878 000	1 909 000	1 815 000	1 574 000
Total Retained Equity	−543 000	−1 001 000	−1 330 000	−1 438 000
Total Equity	457 000	−1 000	−330 000	−438 000
Total Long-Term Debt	848 000	993 000	1 131 000	1 267 000
Total Current Debt	572 000	918 000	1 014 000	745 000
Total Equity and Debt	1 878 000	1 909 000	1 815 000	1 574 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 128 000	5 806 000	4 853 000	3 894 000
Other Income	838 000	584 000	355 000	316 000
Revenue	6 967 000	6 390 000	5 208 000	4 209 000
Cost of Goods Sold	3 655 000	3 109 000	2 364 000	1 783 000
Salary Costs	1 509 000	1 705 000	1 566 000	1 500 000
Depreciation	114 000	97 000	111 000	128 000
Impairment	0	0	0	0
Expenditure	6 450 000	6 002 000	5 029 000	4 333 000
Operating Profit	517 000	388 000	178 000	−124 000
Financial Income	0	0	0	1 000
Financial Costs	59 000	60 000	70 000	89 000
Financial Balance	−59 000	−60 000	−70 000	−88 000
Dividends	0	0	0	0
Net Income	458 000	329 000	109 000	−213 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	12 000	19 000	38 000
Machinery and Plant Facilities	104 000	65 000	89 000	121 000
Fixtures	47 000	124 000	136 000	196 000
Total Tangible Assets	151 000	201 000	243 000	354 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	151 000	201 000	243 000	354 000
Stock	695 000	592 000	499 000	289 000
Total Investments	0	0	0	0
Cash, Bank	286 000	265 000	101 000	126 000
Total Current Assets	1 727 000	1 708 000	1 572 000	1 219 000
Total Assets	1 878 000	1 909 000	1 815 000	1 574 000
Total Equity	457 000	−1 000	−330 000	−438 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	848 000	993 000	1 131 000	1 267 000
Creditors	215 000	404 000	609 000	341 000
Unpaid Taxes	215 000	272 000	223 000	213 000
Dividends	0	0	0	0
Other Current Debt	143 000	242 000	182 000	192 000
Total Current Debt	572 000	918 000	1 014 000	745 000
Total Equity and Debt	1 878 000	1 909 000	1 815 000	1 574 000

Financial indicators	2022	2021	2020	2019
Return on Equity	100,22 %	−32 900 %	−33,03 %	48,63 %
Debt-to-Equity Ratio	1,86	−993	−3,43	−2,89
Operating Profit Margin	7,42 %	6,07 %	3,42 %	−2,95 %
Current Ratio	3,02	1,86	1,55	1,64
Quick Ratio	−14,04	5,24	3,05	2,67
Equity Ratio	0,24	−0	−0,18	−0,28
Gross Profit Margin	47,54 %	51,35 %	54,61 %	57,64 %