HESTNES-LANDE HOLDING AS

7130 BREKSTAD

Finances

Return on Equity

−2,99 %

Current Ratio

2,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 000	0	0	−25 000
Net Income	−23 000	−163 000	976 000	−63 000
Total Assets	782 000	875 000	816 000	479 000
Total Equity	770 000	756 000	919 000	−57 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 000	0	0	−25 000
Expenditure	19 000	653 000	27 000	30 000
Operating Profit	−8 000	−653 000	−27 000	−55 000
Financial Income	93 000	356 000	1 004 000	−26 000
Financial Costs	91 000	0	0	0
Financial Balance	2 000	356 000	1 004 000	−26 000
Earnings Before Tax	−5 000	−297 000	977 000	−81 000
Tax	18 000	−134 000	1 000	−18 000
Net Income	−23 000	−163 000	976 000	−63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	750 000	837 000	614 000	380 000
Total Current Assets	33 000	37 000	201 000	99 000
Total Assets	782 000	875 000	816 000	479 000
Total Retained Equity	530 000	516 000	679 000	−297 000
Total Equity	770 000	756 000	919 000	−57 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	12 000	118 000	−104 000	536 000
Total Equity and Debt	782 000	875 000	816 000	479 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 000	0	0	0
Other Income	0	0	0	−25 000
Revenue	11 000	0	0	−25 000
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	19 000	653 000	27 000	30 000
Operating Profit	−8 000	−653 000	−27 000	−55 000
Financial Income	93 000	356 000	1 004 000	−26 000
Financial Costs	91 000	0	0	0
Financial Balance	2 000	356 000	1 004 000	−26 000
Dividends	0	0	0	0
Net Income	−23 000	−163 000	976 000	−63 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	339 000	357 000	223 000	224 000
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	410 000	480 000	391 000	156 000
Total Fixed Assets	750 000	837 000	614 000	380 000
Stock	0	0	0	0
Total Investments	0	0	25 000	15 000
Cash, Bank	16 000	19 000	131 000	39 000
Total Current Assets	33 000	37 000	201 000	99 000
Total Assets	782 000	875 000	816 000	479 000
Total Equity	770 000	756 000	919 000	−57 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	8 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	118 000	−104 000	536 000
Total Current Debt	12 000	118 000	−104 000	536 000
Total Equity and Debt	782 000	875 000	816 000	479 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,99 %	−21,56 %	106,2 %	110,53 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−72,73 %	-	-	220 %
Current Ratio	2,75	0,31	−1,93	0,18
Quick Ratio	2,75	0,31	−1,93	0,18
Equity Ratio	0,98	0,86	1,13	−0,12
Gross Profit Margin	100 %	-	-	100 %