HEGDALRINGEN AS

3261 LARVIK

Finances

Return on Equity

16,33 %

Current Ratio

1,51

Debt-to-Equity Ratio

8,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 974 000	1 661 000	1 424 000	468 000
Net Income	120 000	142 000	155 000	90 000
Total Assets	7 666 000	7 422 000	7 466 000	5 555 000
Total Equity	735 000	615 000	473 000	318 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 974 000	1 661 000	1 424 000	468 000
Expenditure	1 524 000	1 235 000	1 028 000	168 000
Operating Profit	450 000	426 000	396 000	300 000
Financial Income	0	0	0	0
Financial Costs	296 000	244 000	198 000	185 000
Financial Balance	−296 000	−244 000	−198 000	−185 000
Earnings Before Tax	153 000	182 000	198 000	116 000
Tax	34 000	40 000	44 000	25 000
Net Income	120 000	142 000	155 000	90 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 610 000	6 485 000	6 706 000	4 538 000
Total Current Assets	1 055 000	938 000	761 000	1 017 000
Total Assets	7 666 000	7 422 000	7 466 000	5 555 000
Total Retained Equity	635 000	515 000	373 000	218 000
Total Equity	735 000	615 000	473 000	318 000
Total Long-Term Debt	6 232 000	6 115 000	6 475 000	4 777 000
Total Current Debt	699 000	693 000	518 000	461 000
Total Equity and Debt	7 666 000	7 422 000	7 466 000	5 555 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 974 000	1 661 000	1 424 000	468 000
Revenue	1 974 000	1 661 000	1 424 000	468 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	139 000	130 000	132 000	112 000
Impairment	0	0	0	0
Expenditure	1 524 000	1 235 000	1 028 000	168 000
Operating Profit	450 000	426 000	396 000	300 000
Financial Income	0	0	0	0
Financial Costs	296 000	244 000	198 000	185 000
Financial Balance	−296 000	−244 000	−198 000	−185 000
Dividends	0	0	0	0
Net Income	120 000	142 000	155 000	90 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 041 000	3 882 000	3 994 000	4 105 000
Machinery and Plant Facilities	31 000	39 000	49 000	0
Fixtures	17 000	26 000	35 000	44 000
Total Tangible Assets	4 089 000	3 948 000	4 077 000	4 148 000
Total Fiancial Fixed Assets	2 521 000	2 537 000	2 628 000	390 000
Total Fixed Assets	6 610 000	6 485 000	6 706 000	4 538 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	228 000	98 000	187 000	438 000
Total Current Assets	1 055 000	938 000	761 000	1 017 000
Total Assets	7 666 000	7 422 000	7 466 000	5 555 000
Total Equity	735 000	615 000	473 000	318 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 232 000	6 115 000	6 475 000	4 777 000
Creditors	135 000	117 000	103 000	124 000
Unpaid Taxes	0	12 000	0	0
Dividends	0	0	0	0
Other Current Debt	541 000	564 000	415 000	336 000
Total Current Debt	699 000	693 000	518 000	461 000
Total Equity and Debt	7 666 000	7 422 000	7 466 000	5 555 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,33 %	23,09 %	32,77 %	28,3 %
Debt-to-Equity Ratio	8,48	9,94	13,69	15,02
Operating Profit Margin	22,8 %	25,65 %	27,81 %	64,1 %
Current Ratio	1,51	1,35	1,47	2,21
Quick Ratio	1,51	1,35	1,47	2,21
Equity Ratio	0,1	0,08	0,06	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %