HESTEKIND EIENDOM AS

2890 ETNEDAL

Finances

Return on Equity

11,64 %

Current Ratio

3,21

Debt-to-Equity Ratio

2,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 012 000	963 000	955 000	939 000
Net Income	415 000	606 000	568 000	281 000
Total Assets	11 102 000	10 955 000	10 135 000	8 321 000
Total Equity	3 565 000	3 150 000	2 544 000	1 975 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 012 000	963 000	955 000	939 000
Expenditure	331 000	414 000	526 000	493 000
Operating Profit	681 000	496 000	482 000	422 000
Financial Income	201 000	327 000	662 000	27 000
Financial Costs	337 000	100 000	468 000	89 000
Financial Balance	−136 000	227 000	194 000	−62 000
Earnings Before Tax	546 000	724 000	676 000	360 000
Tax	131 000	118 000	108 000	79 000
Net Income	415 000	606 000	568 000	281 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 862 000	9 662 000	9 084 000	7 585 000
Total Current Assets	1 240 000	1 293 000	1 050 000	736 000
Total Assets	11 102 000	10 955 000	10 135 000	8 321 000
Total Retained Equity	3 465 000	3 050 000	2 444 000	1 875 000
Total Equity	3 565 000	3 150 000	2 544 000	1 975 000
Total Long-Term Debt	7 151 000	7 452 000	7 256 000	6 052 000
Total Current Debt	386 000	353 000	335 000	294 000
Total Equity and Debt	11 102 000	10 955 000	10 135 000	8 321 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 000	2 000	5 000	0
Other Income	1 004 000	961 000	950 000	939 000
Revenue	1 012 000	963 000	955 000	939 000
Cost of Goods Sold	0	−53 000	57 000	0
Salary Costs	0	0	0	0
Depreciation	149 000	149 000	149 000	149 000
Impairment	0	0	0	0
Expenditure	331 000	414 000	526 000	493 000
Operating Profit	681 000	496 000	482 000	422 000
Financial Income	201 000	327 000	662 000	27 000
Financial Costs	337 000	100 000	468 000	89 000
Financial Balance	−136 000	227 000	194 000	−62 000
Dividends	0	0	0	0
Net Income	415 000	606 000	568 000	281 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 000 000	4 149 000	4 298 000	4 447 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 000 000	4 149 000	4 298 000	4 447 000
Total Fiancial Fixed Assets	5 862 000	5 513 000	4 786 000	3 138 000
Total Fixed Assets	9 862 000	9 662 000	9 084 000	7 585 000
Stock	0	0	53 000	0
Total Investments	182 000	672 000	672 000	420 000
Cash, Bank	865 000	425 000	148 000	151 000
Total Current Assets	1 240 000	1 293 000	1 050 000	736 000
Total Assets	11 102 000	10 955 000	10 135 000	8 321 000
Total Equity	3 565 000	3 150 000	2 544 000	1 975 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 151 000	7 452 000	7 256 000	6 052 000
Creditors	6 000	0	0	0
Unpaid Taxes	244 000	232 000	226 000	221 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	386 000	353 000	335 000	294 000
Total Equity and Debt	11 102 000	10 955 000	10 135 000	8 321 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,64 %	19,24 %	22,33 %	14,23 %
Debt-to-Equity Ratio	2,01	2,37	2,85	3,06
Operating Profit Margin	67,29 %	51,51 %	50,47 %	44,94 %
Current Ratio	3,21	3,66	3,13	2,5
Quick Ratio	3,21	3,66	3,72	2,5
Equity Ratio	0,32	0,29	0,25	0,24
Gross Profit Margin	100 %	105,5 %	94,03 %	100 %