HEMSEDAL MEIERI AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

3,81 %

Current Ratio

2,78

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 629 000	4 170 000	4 073 000	4 558 000
Net Income	830 000	898 000	1 235 000	1 387 000
Total Assets	27 044 000	27 713 000	27 947 000	28 459 000
Total Equity	21 789 000	20 960 000	20 362 000	19 127 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 629 000	4 170 000	4 073 000	4 558 000
Expenditure	2 372 000	2 866 000	2 238 000	2 398 000
Operating Profit	1 257 000	1 305 000	1 834 000	2 160 000
Financial Income	20 000	20 000	1 000	1 000
Financial Costs	218 000	179 000	252 000	383 000
Financial Balance	−198 000	−159 000	−251 000	−382 000
Earnings Before Tax	1 059 000	1 146 000	1 583 000	1 778 000
Tax	229 000	248 000	348 000	391 000
Net Income	830 000	898 000	1 235 000	1 387 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 333 000	25 335 000	26 337 000	27 339 000
Total Current Assets	2 711 000	2 378 000	1 610 000	1 120 000
Total Assets	27 044 000	27 713 000	27 947 000	28 459 000
Total Retained Equity	15 089 000	14 260 000	13 662 000	12 427 000
Total Equity	21 789 000	20 960 000	20 362 000	19 127 000
Total Long-Term Debt	4 278 000	5 526 000	6 806 000	8 526 000
Total Current Debt	976 000	1 227 000	779 000	806 000
Total Equity and Debt	27 044 000	27 713 000	27 947 000	28 459 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 629 000	4 170 000	4 073 000	4 558 000
Other Income	0	0	0	0
Revenue	3 629 000	4 170 000	4 073 000	4 558 000
Cost of Goods Sold	0	0	0	0
Salary Costs	201 000	220 000	166 000	182 000
Depreciation	1 002 000	1 002 000	1 002 000	1 002 000
Impairment	0	0	0	0
Expenditure	2 372 000	2 866 000	2 238 000	2 398 000
Operating Profit	1 257 000	1 305 000	1 834 000	2 160 000
Financial Income	20 000	20 000	1 000	1 000
Financial Costs	218 000	179 000	252 000	383 000
Financial Balance	−198 000	−159 000	−251 000	−382 000
Dividends	0	300 000	0	0
Net Income	830 000	898 000	1 235 000	1 387 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	24 333 000	25 335 000	26 337 000	27 339 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	24 333 000	25 335 000	26 337 000	27 339 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	24 333 000	25 335 000	26 337 000	27 339 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 118 000	1 694 000	1 216 000	749 000
Total Current Assets	2 711 000	2 378 000	1 610 000	1 120 000
Total Assets	27 044 000	27 713 000	27 947 000	28 459 000
Total Equity	21 789 000	20 960 000	20 362 000	19 127 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 278 000	5 526 000	6 806 000	8 526 000
Creditors	144 000	163 000	265 000	252 000
Unpaid Taxes	71 000	286 000	77 000	125 000
Dividends	0	300 000	0	0
Other Current Debt	484 000	150 000	49 000	10 000
Total Current Debt	976 000	1 227 000	779 000	806 000
Total Equity and Debt	27 044 000	27 713 000	27 947 000	28 459 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,81 %	4,28 %	6,07 %	7,25 %
Debt-to-Equity Ratio	0,2	0,26	0,33	0,45
Operating Profit Margin	34,64 %	31,29 %	45,03 %	47,39 %
Current Ratio	2,78	1,94	2,07	1,39
Quick Ratio	2,78	1,94	2,07	1,39
Equity Ratio	0,81	0,76	0,73	0,67
Gross Profit Margin	100 %	100 %	100 %	100 %