HESTETORVET EIENDOM AS

4820 FROLAND

Finances

Return on Equity

34,83 %

Current Ratio

2,25

Debt-to-Equity Ratio

2,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 542 000	2 163 000	1 682 000	2 205 000
Net Income	3 820 000	2 572 000	209 000	982 000
Total Assets	44 473 000	44 593 000	7 729 000	12 434 000
Total Equity	10 969 000	8 236 000	6 798 000	11 089 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 542 000	2 163 000	1 682 000	2 205 000
Expenditure	412 000	676 000	1 421 000	1 039 000
Operating Profit	2 129 000	1 486 000	261 000	1 166 000
Financial Income	2 748 000	1 453 000	6 000	93 000
Financial Costs	754 000	51 000	0	0
Financial Balance	1 994 000	1 402 000	6 000	93 000
Earnings Before Tax	4 123 000	2 887 000	267 000	1 259 000
Tax	303 000	316 000	59 000	277 000
Net Income	3 820 000	2 572 000	209 000	982 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 642 000	41 510 000	7 341 000	7 181 000
Total Current Assets	3 831 000	3 083 000	388 000	5 253 000
Total Assets	44 473 000	44 593 000	7 729 000	12 434 000
Total Retained Equity	8 267 000	5 535 000	4 096 000	8 388 000
Total Equity	10 969 000	8 236 000	6 798 000	11 089 000
Total Long-Term Debt	31 801 000	34 666 000	787 000	788 000
Total Current Debt	1 703 000	1 691 000	144 000	557 000
Total Equity and Debt	44 473 000	44 593 000	7 729 000	12 434 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	1 000	1 975 000
Other Income	2 542 000	2 163 000	1 681 000	230 000
Revenue	2 542 000	2 163 000	1 682 000	2 205 000
Cost of Goods Sold	0	59 000	0	0
Salary Costs	10 000	0	−14 000	498 000
Depreciation	68 000	68 000	59 000	54 000
Impairment	0	0	0	0
Expenditure	412 000	676 000	1 421 000	1 039 000
Operating Profit	2 129 000	1 486 000	261 000	1 166 000
Financial Income	2 748 000	1 453 000	6 000	93 000
Financial Costs	754 000	51 000	0	0
Financial Balance	1 994 000	1 402 000	6 000	93 000
Dividends	0	0	0	0
Net Income	3 820 000	2 572 000	209 000	982 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 204 000	7 273 000	7 341 000	7 181 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 204 000	7 273 000	7 341 000	7 181 000
Total Fiancial Fixed Assets	33 438 000	34 238 000	0	0
Total Fixed Assets	40 642 000	41 510 000	7 341 000	7 181 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	771 000	1 526 000	149 000	5 142 000
Total Current Assets	3 831 000	3 083 000	388 000	5 253 000
Total Assets	44 473 000	44 593 000	7 729 000	12 434 000
Total Equity	10 969 000	8 236 000	6 798 000	11 089 000
Short-Term Group Debt	1 395 000	1 453 000	0	0
Total Long-Term Debt	31 801 000	34 666 000	787 000	788 000
Creditors	59 000	71 000	70 000	33 000
Unpaid Taxes	76 000	48 000	0	109 000
Dividends	0	0	0	0
Other Current Debt	173 000	119 000	15 000	135 000
Total Current Debt	1 703 000	1 691 000	144 000	557 000
Total Equity and Debt	44 473 000	44 593 000	7 729 000	12 434 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,83 %	31,23 %	3,07 %	8,86 %
Debt-to-Equity Ratio	2,9	4,21	0,12	0,07
Operating Profit Margin	83,75 %	68,7 %	15,52 %	52,88 %
Current Ratio	2,25	1,82	2,69	9,43
Quick Ratio	2,25	1,82	2,69	9,43
Equity Ratio	0,25	0,18	0,88	0,89
Gross Profit Margin	100 %	97,27 %	100 %	100 %