HESSELBERG AS

2016 FROGNER

Finances

Share Ownership

Return on Equity

18,92 %

Current Ratio

1,02

Debt-to-Equity Ratio

1,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	555 627 000	611 080 000	588 334 000	545 993 000
Net Income	18 977 000	27 380 000	22 192 000	24 843 000
Total Assets	406 645 000	245 813 000	191 779 000	209 576 000
Total Equity	100 302 000	81 325 000	53 944 000	48 396 000

Income (NOK)	2022	2021	2020	2019
Revenue	555 627 000	611 080 000	588 334 000	545 993 000
Expenditure	523 871 000	574 800 000	558 397 000	512 624 000
Operating Profit	30 832 000	36 281 000	29 937 000	33 368 000
Financial Income	7 761 000	2 063 000	560 000	710 000
Financial Costs	14 191 000	2 829 000	1 560 000	1 731 000
Financial Balance	−6 430 000	−766 000	−1 000 000	−1 021 000
Earnings Before Tax	24 402 000	35 515 000	28 938 000	32 347 000
Tax	5 425 000	8 135 000	6 746 000	7 504 000
Net Income	18 977 000	27 380 000	22 192 000	24 843 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	211 641 000	17 071 000	16 074 000	15 062 000
Total Current Assets	195 004 000	228 742 000	175 704 000	194 514 000
Total Assets	406 645 000	245 813 000	191 779 000	209 576 000
Total Retained Equity	76 767 000	57 789 000	30 409 000	36 563 000
Total Equity	100 302 000	81 325 000	53 944 000	48 396 000
Total Long-Term Debt	115 975 000	0	0	1 129 000
Total Current Debt	190 368 000	164 488 000	137 834 000	160 051 000
Total Equity and Debt	406 645 000	245 813 000	191 779 000	209 576 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	555 627 000	611 080 000	588 334 000	545 993 000
Other Income	0	0	0	0
Revenue	555 627 000	611 080 000	588 334 000	545 993 000
Cost of Goods Sold	107 985 000	414 303 000	413 951 000	377 879 000
Salary Costs	119 575 000	101 222 000	92 223 000	88 103 000
Depreciation	23 794 000	3 027 000	4 290 000	6 260 000
Impairment	0	0	0	0
Expenditure	523 871 000	574 800 000	558 397 000	512 624 000
Operating Profit	30 832 000	36 281 000	29 937 000	33 368 000
Financial Income	7 761 000	2 063 000	560 000	710 000
Financial Costs	14 191 000	2 829 000	1 560 000	1 731 000
Financial Balance	−6 430 000	−766 000	−1 000 000	−1 021 000
Dividends	0	0	0	0
Net Income	18 977 000	27 380 000	22 192 000	24 843 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	1 422 000	3 129 000
Total Intangible Assets	6 260 000	11 685 000	10 521 000	10 979 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	200 082 000	2 000	60 000	220 000
Fixtures	5 298 000	5 383 000	5 494 000	3 863 000
Total Tangible Assets	205 380 000	5 385 000	5 553 000	4 083 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	211 641 000	17 071 000	16 074 000	15 062 000
Stock	86 905 000	128 645 000	98 213 000	105 463 000
Total Investments	0	0	0	0
Cash, Bank	4 365 000	3 913 000	3 519 000	3 434 000
Total Current Assets	195 004 000	228 742 000	175 704 000	194 514 000
Total Assets	406 645 000	245 813 000	191 779 000	209 576 000
Total Equity	100 302 000	81 325 000	53 944 000	48 396 000
Short-Term Group Debt	6 976 000	50 725 000	36 416 000	24 515 000
Total Long-Term Debt	115 975 000	0	0	1 129 000
Creditors	20 138 000	14 110 000	27 754 000	25 391 000
Unpaid Taxes	27 919 000	21 352 000	23 692 000	27 125 000
Dividends	0	0	0	0
Other Current Debt	135 335 000	78 301 000	49 973 000	21 353 000
Total Current Debt	190 368 000	164 488 000	137 834 000	160 051 000
Total Equity and Debt	406 645 000	245 813 000	191 779 000	209 576 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,92 %	33,67 %	41,14 %	51,33 %
Debt-to-Equity Ratio	1,16	0	0	0,02
Operating Profit Margin	5,55 %	5,94 %	5,09 %	6,11 %
Current Ratio	1,02	1,39	1,27	1,22
Quick Ratio	1,88	6,38	4,43	3,56
Equity Ratio	0,25	0,33	0,28	0,23
Gross Profit Margin	80,57 %	32,2 %	29,64 %	30,79 %