HVEEM NORD ØSTRE AS

2850 LENA

Finances

Share Ownership

Return on Equity

8,94 %

Current Ratio

1,85

Debt-to-Equity Ratio

4,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 448 000	33 797 000	26 284 000	23 242 000
Net Income	780 000	781 000	−1 107 000	−2 292 000
Total Assets	57 366 000	53 587 000	53 391 000	47 575 000
Total Equity	8 720 000	7 940 000	7 097 000	8 205 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 448 000	33 797 000	26 284 000	23 242 000
Expenditure	37 196 000	31 149 000	29 524 000	29 069 000
Operating Profit	1 990 000	1 831 000	−597 000	−2 226 000
Financial Income	8 000	8 000	13 000	11 000
Financial Costs	998 000	837 000	837 000	724 000
Financial Balance	−990 000	−829 000	−824 000	−713 000
Earnings Before Tax	1 000 000	1 001 000	−1 420 000	−2 939 000
Tax	221 000	220 000	−313 000	−647 000
Net Income	780 000	781 000	−1 107 000	−2 292 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 131 000	40 358 000	40 302 000	38 285 000
Total Current Assets	16 235 000	13 228 000	13 089 000	9 290 000
Total Assets	57 366 000	53 587 000	53 391 000	47 575 000
Total Retained Equity	7 220 000	6 440 000	5 597 000	6 705 000
Total Equity	8 720 000	7 940 000	7 097 000	8 205 000
Total Long-Term Debt	39 877 000	36 948 000	23 986 000	21 754 000
Total Current Debt	8 769 000	8 699 000	22 307 000	17 616 000
Total Equity and Debt	57 366 000	53 587 000	53 391 000	47 575 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 747 000	32 557 000	24 291 000	20 221 000
Other Income	1 701 000	1 241 000	1 994 000	3 021 000
Revenue	39 448 000	33 797 000	26 284 000	23 242 000
Cost of Goods Sold	12 479 000	10 375 000	10 185 000	11 699 000
Salary Costs	11 596 000	10 165 000	9 367 000	8 050 000
Depreciation	1 524 000	1 567 000	1 401 000	1 398 000
Impairment	0	0	0	0
Expenditure	37 196 000	31 149 000	29 524 000	29 069 000
Operating Profit	1 990 000	1 831 000	−597 000	−2 226 000
Financial Income	8 000	8 000	13 000	11 000
Financial Costs	998 000	837 000	837 000	724 000
Financial Balance	−990 000	−829 000	−824 000	−713 000
Dividends	0	0	0	0
Net Income	780 000	781 000	−1 107 000	−2 292 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	534 000	754 000	975 000	662 000
Real Eastate	36 230 000	35 694 000	36 359 000	35 447 000
Machinery and Plant Facilities	3 272 000	2 944 000	2 011 000	2 025 000
Fixtures	36 000	50 000	65 000	79 000
Total Tangible Assets	39 538 000	38 688 000	38 435 000	37 551 000
Total Fiancial Fixed Assets	1 059 000	916 000	892 000	72 000
Total Fixed Assets	41 131 000	40 358 000	40 302 000	38 285 000
Stock	12 436 000	10 757 000	10 485 000	7 930 000
Total Investments	0	0	0	0
Cash, Bank	562 000	472 000	403 000	−1 295 000
Total Current Assets	16 235 000	13 228 000	13 089 000	9 290 000
Total Assets	57 366 000	53 587 000	53 391 000	47 575 000
Total Equity	8 720 000	7 940 000	7 097 000	8 205 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	39 877 000	36 948 000	23 986 000	21 754 000
Creditors	1 512 000	2 122 000	1 513 000	559 000
Unpaid Taxes	915 000	1 103 000	910 000	628 000
Dividends	0	0	0	0
Other Current Debt	1 401 000	1 186 000	14 849 000	16 430 000
Total Current Debt	8 769 000	8 699 000	22 307 000	17 616 000
Total Equity and Debt	57 366 000	53 587 000	53 391 000	47 575 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,94 %	9,84 %	−15,6 %	−27,93 %
Debt-to-Equity Ratio	4,57	4,65	3,38	2,65
Operating Profit Margin	5,04 %	5,42 %	−2,27 %	−9,58 %
Current Ratio	1,85	1,52	0,59	0,53
Quick Ratio	−4,43	−6,43	1,11	0,96
Equity Ratio	0,15	0,15	0,13	0,17
Gross Profit Margin	68,37 %	69,3 %	61,25 %	49,66 %