OLAV HJELMESET AS

6823 SANDANE

Finances

Return on Equity

14,81 %

Current Ratio

1,78

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 821 000	35 954 000	39 530 000	38 591 000
Net Income	2 782 000	2 588 000	4 210 000	2 858 000
Total Assets	46 526 000	35 836 000	34 138 000	26 106 000
Total Equity	18 786 000	16 003 000	13 415 000	9 205 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 821 000	35 954 000	39 530 000	38 591 000
Expenditure	40 684 000	32 237 000	33 593 000	35 872 000
Operating Profit	4 137 000	3 718 000	5 937 000	2 719 000
Financial Income	2 000	1 000	16 000	1 160 000
Financial Costs	572 000	396 000	552 000	534 000
Financial Balance	−570 000	−395 000	−536 000	626 000
Earnings Before Tax	3 568 000	3 322 000	5 400 000	3 345 000
Tax	785 000	734 000	1 190 000	487 000
Net Income	2 782 000	2 588 000	4 210 000	2 858 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 508 000	6 213 000	5 974 000	3 752 000
Total Current Assets	39 018 000	29 622 000	28 164 000	22 353 000
Total Assets	46 526 000	35 836 000	34 138 000	26 106 000
Total Retained Equity	17 686 000	14 903 000	12 315 000	8 105 000
Total Equity	18 786 000	16 003 000	13 415 000	9 205 000
Total Long-Term Debt	5 839 000	6 030 000	6 918 000	5 575 000
Total Current Debt	21 901 000	13 803 000	13 804 000	11 326 000
Total Equity and Debt	46 526 000	35 836 000	34 138 000	26 106 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 181 000	35 344 000	39 481 000	37 708 000
Other Income	640 000	611 000	49 000	883 000
Revenue	44 821 000	35 954 000	39 530 000	38 591 000
Cost of Goods Sold	9 088 000	5 295 000	5 277 000	7 992 000
Salary Costs	14 957 000	13 029 000	13 211 000	11 508 000
Depreciation	350 000	304 000	312 000	300 000
Impairment	0	0	0	0
Expenditure	40 684 000	32 237 000	33 593 000	35 872 000
Operating Profit	4 137 000	3 718 000	5 937 000	2 719 000
Financial Income	2 000	1 000	16 000	1 160 000
Financial Costs	572 000	396 000	552 000	534 000
Financial Balance	−570 000	−395 000	−536 000	626 000
Dividends	0	0	0	0
Net Income	2 782 000	2 588 000	4 210 000	2 858 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	541 000	94 000	109 000	125 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	690 000	955 000	700 000	464 000
Total Tangible Assets	1 231 000	1 049 000	810 000	588 000
Total Fiancial Fixed Assets	6 277 000	5 164 000	5 164 000	3 164 000
Total Fixed Assets	7 508 000	6 213 000	5 974 000	3 752 000
Stock	1 532 000	1 726 000	1 837 000	1 200 000
Total Investments	0	0	0	0
Cash, Bank	619 000	1 959 000	435 000	496 000
Total Current Assets	39 018 000	29 622 000	28 164 000	22 353 000
Total Assets	46 526 000	35 836 000	34 138 000	26 106 000
Total Equity	18 786 000	16 003 000	13 415 000	9 205 000
Short-Term Group Debt	2 322 000	1 000 000	1 000 000	0
Total Long-Term Debt	5 839 000	6 030 000	6 918 000	5 575 000
Creditors	7 024 000	6 904 000	7 113 000	5 610 000
Unpaid Taxes	3 975 000	3 283 000	3 165 000	2 061 000
Dividends	0	0	0	0
Other Current Debt	6 813 000	1 998 000	1 060 000	1 182 000
Total Current Debt	21 901 000	13 803 000	13 804 000	11 326 000
Total Equity and Debt	46 526 000	35 836 000	34 138 000	26 106 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,81 %	16,17 %	31,38 %	31,05 %
Debt-to-Equity Ratio	0,31	0,38	0,52	0,61
Operating Profit Margin	9,23 %	10,34 %	15,02 %	7,05 %
Current Ratio	1,78	2,15	2,04	1,97
Quick Ratio	1,92	2,45	2,35	2,21
Equity Ratio	0,4	0,45	0,39	0,35
Gross Profit Margin	79,72 %	85,27 %	86,65 %	79,29 %