HE-KJELLEVEIEN AS

3724 SKIEN

Finances

Share Ownership

Return on Equity

8,1 %

Current Ratio

0,19

Debt-to-Equity Ratio

1,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 285 000	4 108 000	4 314 000	4 957 000
Net Income	1 464 000	1 272 000	1 542 000	2 090 000
Total Assets	45 468 000	45 316 000	39 995 000	41 787 000
Total Equity	18 075 000	18 061 000	18 042 000	18 011 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 285 000	4 108 000	4 314 000	4 957 000
Expenditure	1 506 000	1 675 000	1 488 000	1 535 000
Operating Profit	2 778 000	2 433 000	2 826 000	3 422 000
Financial Income	4 000	0	7 000	19 000
Financial Costs	905 000	801 000	855 000	761 000
Financial Balance	−901 000	−801 000	−848 000	−742 000
Earnings Before Tax	1 877 000	1 631 000	1 978 000	2 680 000
Tax	413 000	359 000	435 000	590 000
Net Income	1 464 000	1 272 000	1 542 000	2 090 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 064 000	45 293 000	39 452 000	39 553 000
Total Current Assets	404 000	23 000	543 000	2 235 000
Total Assets	45 468 000	45 316 000	39 995 000	41 787 000
Total Retained Equity	1 071 000	1 057 000	1 038 000	1 007 000
Total Equity	18 075 000	18 061 000	18 042 000	18 011 000
Total Long-Term Debt	25 279 000	22 808 000	20 115 000	21 000 000
Total Current Debt	2 114 000	4 447 000	1 839 000	2 777 000
Total Equity and Debt	45 468 000	45 316 000	39 995 000	41 787 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 257 000	4 113 000	4 300 000	4 970 000
Other Income	28 000	−5 000	14 000	−13 000
Revenue	4 285 000	4 108 000	4 314 000	4 957 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	324 000	324 000	257 000	252 000
Impairment	0	0	0	0
Expenditure	1 506 000	1 675 000	1 488 000	1 535 000
Operating Profit	2 778 000	2 433 000	2 826 000	3 422 000
Financial Income	4 000	0	7 000	19 000
Financial Costs	905 000	801 000	855 000	761 000
Financial Balance	−901 000	−801 000	−848 000	−742 000
Dividends	550 000	600 000	700 000	800 000
Net Income	1 464 000	1 272 000	1 542 000	2 090 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	45 064 000	45 293 000	39 452 000	39 553 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	45 064 000	45 293 000	39 452 000	39 553 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	45 064 000	45 293 000	39 452 000	39 553 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	404 000	23 000	543 000	2 235 000
Total Assets	45 468 000	45 316 000	39 995 000	41 787 000
Total Equity	18 075 000	18 061 000	18 042 000	18 011 000
Short-Term Group Debt	0	2 483 000	0	0
Total Long-Term Debt	25 279 000	22 808 000	20 115 000	21 000 000
Creditors	176 000	421 000	89 000	322 000
Unpaid Taxes	0	0	0	0
Dividends	550 000	600 000	700 000	800 000
Other Current Debt	1 388 000	943 000	1 050 000	1 655 000
Total Current Debt	2 114 000	4 447 000	1 839 000	2 777 000
Total Equity and Debt	45 468 000	45 316 000	39 995 000	41 787 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,1 %	7,04 %	8,55 %	11,6 %
Debt-to-Equity Ratio	1,4	1,26	1,11	1,17
Operating Profit Margin	64,83 %	59,23 %	65,51 %	69,03 %
Current Ratio	0,19	0,01	0,3	0,8
Quick Ratio	0,19	0,01	0,3	0,8
Equity Ratio	0,4	0,4	0,45	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %