HESSATO AS

5004 BERGEN

Finances

Return on Equity

−2,9 %

Current Ratio

223,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	54 000	54 000	29 000	85 000
Net Income	−274 000	665 000	198 000	320 000
Total Assets	9 476 000	9 774 000	10 626 000	10 852 000
Total Equity	9 445 000	9 719 000	10 553 000	10 355 000

Income (NOK)	2022	2021	2020	2019
Revenue	54 000	54 000	29 000	85 000
Expenditure	4 000	24 000	40 000	155 000
Operating Profit	49 000	30 000	−12 000	−70 000
Financial Income	29 000	661 000	261 000	300 000
Financial Costs	341 000	0	1 000	−173 000
Financial Balance	−312 000	661 000	260 000	473 000
Earnings Before Tax	−263 000	690 000	249 000	403 000
Tax	11 000	25 000	51 000	83 000
Net Income	−274 000	665 000	198 000	320 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 560 000	2 560 000	2 560 000	2 560 000
Total Current Assets	6 916 000	7 214 000	8 066 000	8 292 000
Total Assets	9 476 000	9 774 000	10 626 000	10 852 000
Total Retained Equity	7 032 000	7 306 000	8 140 000	7 942 000
Total Equity	9 445 000	9 719 000	10 553 000	10 355 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	31 000	55 000	73 000	497 000
Total Equity and Debt	9 476 000	9 774 000	10 626 000	10 852 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	54 000	54 000	29 000	85 000
Other Income	0	0	0	0
Revenue	54 000	54 000	29 000	85 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 000	2 000	1 000	12 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 000	24 000	40 000	155 000
Operating Profit	49 000	30 000	−12 000	−70 000
Financial Income	29 000	661 000	261 000	300 000
Financial Costs	341 000	0	1 000	−173 000
Financial Balance	−312 000	661 000	260 000	473 000
Dividends	0	1 500 000	0	400 000
Net Income	−274 000	665 000	198 000	320 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 560 000	2 560 000	2 560 000	2 560 000
Total Fixed Assets	2 560 000	2 560 000	2 560 000	2 560 000
Stock	0	0	0	0
Total Investments	6 509 000	6 851 000	6 639 000	6 403 000
Cash, Bank	406 000	363 000	1 427 000	856 000
Total Current Assets	6 916 000	7 214 000	8 066 000	8 292 000
Total Assets	9 476 000	9 774 000	10 626 000	10 852 000
Total Equity	9 445 000	9 719 000	10 553 000	10 355 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	1 000	0
Unpaid Taxes	13 000	8 000	−10 000	−12 000
Dividends	0	1 500 000	0	400 000
Other Current Debt	7 000	22 000	30 000	426 000
Total Current Debt	31 000	55 000	73 000	497 000
Total Equity and Debt	9 476 000	9 774 000	10 626 000	10 852 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,9 %	6,84 %	1,88 %	3,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	90,74 %	55,56 %	−41,38 %	−82,35 %
Current Ratio	223,1	131,16	110,49	16,68
Quick Ratio	223,1	131,16	110,49	16,68
Equity Ratio	1	0,99	0,99	0,95
Gross Profit Margin	100 %	100 %	100 %	100 %