HEST HOLDING AS

7011 TRONDHEIM

Finances

Return on Equity

126,11 %

Current Ratio

6,55

Debt-to-Equity Ratio

2,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	265 000	0	0	0
Net Income	623 000	−2 000	168 000	−9 000
Total Assets	1 900 000	113 000	282 000	229 000
Total Equity	494 000	−128 000	−127 000	−295 000

Income (NOK)	2022	2021	2020	2019
Revenue	265 000	0	0	0
Expenditure	1 000	2 000	9 000	9 000
Operating Profit	264 000	−2 000	−9 000	−9 000
Financial Income	419 000	0	199 000	0
Financial Costs	0	0	0	0
Financial Balance	419 000	0	199 000	0
Earnings Before Tax	683 000	−2 000	190 000	−9 000
Tax	61 000	0	22 000	0
Net Income	623 000	−2 000	168 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 540 000	229 000	229 000	229 000
Total Current Assets	360 000	−116 000	54 000	0
Total Assets	1 900 000	113 000	282 000	229 000
Total Retained Equity	363 000	−260 000	−258 000	−426 000
Total Equity	494 000	−128 000	−127 000	−295 000
Total Long-Term Debt	1 351 000	231 000	330 000	451 000
Total Current Debt	55 000	10 000	79 000	72 000
Total Equity and Debt	1 900 000	113 000	282 000	229 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	265 000	0	0	0
Other Income	0	0	0	0
Revenue	265 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 000	2 000	9 000	9 000
Operating Profit	264 000	−2 000	−9 000	−9 000
Financial Income	419 000	0	199 000	0
Financial Costs	0	0	0	0
Financial Balance	419 000	0	199 000	0
Dividends	0	0	0	0
Net Income	623 000	−2 000	168 000	−9 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 540 000	229 000	229 000	229 000
Total Fixed Assets	1 540 000	229 000	229 000	229 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	83 000	99 000	0	0
Total Current Assets	360 000	−116 000	54 000	0
Total Assets	1 900 000	113 000	282 000	229 000
Total Equity	494 000	−128 000	−127 000	−295 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 351 000	231 000	330 000	451 000
Creditors	−5 000	10 000	57 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	70 000
Total Current Debt	55 000	10 000	79 000	72 000
Total Equity and Debt	1 900 000	113 000	282 000	229 000

Financial indicators	2022	2021	2020	2019
Return on Equity	126,11 %	1,56 %	−132,28 %	3,05 %
Debt-to-Equity Ratio	2,73	−1,8	−2,6	−1,53
Operating Profit Margin	99,62 %	-	-	-
Current Ratio	6,55	−11,6	0,68	0
Quick Ratio	6,55	−11,6	0,68	0
Equity Ratio	0,26	−1,13	−0,45	−1,29
Gross Profit Margin	100 %	-	-	-