HEMSEDAL OG GOL HYTTESERVICE AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

54,6 %

Current Ratio

1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 192 000	5 045 000	7 040 000	10 945 000
Net Income	742 000	9 000	207 000	1 012 000
Total Assets	3 591 000	2 201 000	2 169 000	2 945 000
Total Equity	1 359 000	617 000	1 408 000	1 201 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 192 000	5 045 000	7 040 000	10 945 000
Expenditure	8 237 000	5 027 000	6 866 000	10 908 000
Operating Profit	955 000	18 000	174 000	37 000
Financial Income	1 000	0	2 000	22 000
Financial Costs	11 000	7 000	−82 000	−972 000
Financial Balance	−10 000	−7 000	84 000	994 000
Earnings Before Tax	945 000	11 000	258 000	1 032 000
Tax	202 000	2 000	52 000	19 000
Net Income	742 000	9 000	207 000	1 012 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	232 000	59 000	18 000	28 000
Total Current Assets	3 359 000	2 142 000	2 151 000	2 918 000
Total Assets	3 591 000	2 201 000	2 169 000	2 945 000
Total Retained Equity	1 259 000	517 000	1 308 000	1 101 000
Total Equity	1 359 000	617 000	1 408 000	1 201 000
Total Long-Term Debt	0	0	0	109 000
Total Current Debt	2 232 000	1 585 000	761 000	1 635 000
Total Equity and Debt	3 591 000	2 201 000	2 169 000	2 945 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 192 000	4 973 000	7 040 000	10 945 000
Other Income	0	72 000	0	0
Revenue	9 192 000	5 045 000	7 040 000	10 945 000
Cost of Goods Sold	4 186 000	2 472 000	4 249 000	7 126 000
Salary Costs	3 344 000	2 055 000	2 215 000	3 126 000
Depreciation	37 000	11 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	8 237 000	5 027 000	6 866 000	10 908 000
Operating Profit	955 000	18 000	174 000	37 000
Financial Income	1 000	0	2 000	22 000
Financial Costs	11 000	7 000	−82 000	−972 000
Financial Balance	−10 000	−7 000	84 000	994 000
Dividends	0	0	0	0
Net Income	742 000	9 000	207 000	1 012 000

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	40 000	50 000	0	0
Fixtures	192 000	9 000	18 000	28 000
Total Tangible Assets	232 000	59 000	18 000	28 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	232 000	59 000	18 000	28 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 042 000	1 492 000	1 440 000	2 017 000
Total Current Assets	3 359 000	2 142 000	2 151 000	2 918 000
Total Assets	3 591 000	2 201 000	2 169 000	2 945 000
Total Equity	1 359 000	617 000	1 408 000	1 201 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	109 000
Creditors	884 000	340 000	210 000	722 000
Unpaid Taxes	727 000	255 000	197 000	428 000
Dividends	0	0	0	0
Other Current Debt	419 000	987 000	194 000	310 000
Total Current Debt	2 232 000	1 585 000	761 000	1 635 000
Total Equity and Debt	3 591 000	2 201 000	2 169 000	2 945 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,6 %	1,46 %	14,7 %	84,26 %
Debt-to-Equity Ratio	0	0	0	0,09
Operating Profit Margin	10,39 %	0,36 %	2,47 %	0,34 %
Current Ratio	1,5	1,35	2,83	1,78
Quick Ratio	1,5	1,35	2,83	1,78
Equity Ratio	0,38	0,28	0,65	0,41
Gross Profit Margin	54,46 %	51 %	39,64 %	34,89 %