HEMEK AS

0664 OSLO

Finances

Return on Equity

37,31 %

Current Ratio

3,62

Debt-to-Equity Ratio

3,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	524 000	521 000	412 000	542 000
Net Income	25 000	2 000	−50 000	−314 000
Total Assets	340 000	310 000	360 000	438 000
Total Equity	67 000	42 000	40 000	90 000

Income (NOK)	2022	2021	2020	2019
Revenue	524 000	521 000	412 000	542 000
Expenditure	500 000	519 000	434 000	811 000
Operating Profit	25 000	2 000	−50 000	−307 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	8 000
Financial Balance	0	0	0	−8 000
Earnings Before Tax	25 000	2 000	−50 000	−314 000
Tax	0	0	0	0
Net Income	25 000	2 000	−50 000	−314 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	130 000	159 000	91 000	59 000
Total Current Assets	210 000	151 000	269 000	379 000
Total Assets	340 000	310 000	360 000	438 000
Total Retained Equity	−273 000	−298 000	−300 000	−250 000
Total Equity	67 000	42 000	40 000	90 000
Total Long-Term Debt	216 000	196 000	90 000	112 000
Total Current Debt	58 000	73 000	230 000	235 000
Total Equity and Debt	340 000	310 000	360 000	438 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	524 000	521 000	412 000	542 000
Other Income	0	0	0	0
Revenue	524 000	521 000	412 000	542 000
Cost of Goods Sold	131 000	165 000	75 000	182 000
Salary Costs	109 000	126 000	59 000	134 000
Depreciation	29 000	36 000	22 000	26 000
Impairment	0	0	0	0
Expenditure	500 000	519 000	434 000	811 000
Operating Profit	25 000	2 000	−50 000	−307 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	8 000
Financial Balance	0	0	0	−8 000
Dividends	0	0	0	0
Net Income	25 000	2 000	−50 000	−314 000

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	19 000	47 000	83 000	52 000
Fixtures	0	0	0	0
Total Tangible Assets	19 000	47 000	83 000	52 000
Total Fiancial Fixed Assets	112 000	112 000	8 000	8 000
Total Fixed Assets	130 000	159 000	91 000	59 000
Stock	66 000	76 000	76 000	104 000
Total Investments	0	0	0	0
Cash, Bank	119 000	65 000	57 000	156 000
Total Current Assets	210 000	151 000	269 000	379 000
Total Assets	340 000	310 000	360 000	438 000
Total Equity	67 000	42 000	40 000	90 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	216 000	196 000	90 000	112 000
Creditors	6 000	28 000	24 000	77 000
Unpaid Taxes	11 000	10 000	11 000	5 000
Dividends	0	0	0	0
Other Current Debt	41 000	35 000	195 000	153 000
Total Current Debt	58 000	73 000	230 000	235 000
Total Equity and Debt	340 000	310 000	360 000	438 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,31 %	4,76 %	−125 %	−348,89 %
Debt-to-Equity Ratio	3,22	4,67	2,25	1,24
Operating Profit Margin	4,77 %	0,38 %	−12,14 %	−56,64 %
Current Ratio	3,62	2,07	1,17	1,61
Quick Ratio	−26,25	−50,33	1,75	2,89
Equity Ratio	0,2	0,14	0,11	0,21
Gross Profit Margin	75 %	68,33 %	81,8 %	66,42 %