HESVIK HYTTEGREND AS

5627 JONDAL

Finances

Share Ownership

Return on Equity

67,42 %

Current Ratio

30,92

Debt-to-Equity Ratio

6,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 029 000	29 000	26 000	677 000
Net Income	745 000	−155 000	−217 000	−40 000
Total Assets	8 361 000	9 334 000	8 476 000	7 755 000
Total Equity	1 105 000	360 000	360 000	360 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 029 000	29 000	26 000	677 000
Expenditure	260 000	62 000	62 000	48 000
Operating Profit	1 186 000	−34 000	−36 000	186 000
Financial Income	0	4 000	4 000	0
Financial Costs	230 000	169 000	246 000	238 000
Financial Balance	−230 000	−165 000	−242 000	−238 000
Earnings Before Tax	956 000	−199 000	−278 000	−52 000
Tax	210 000	−44 000	−61 000	−11 000
Net Income	745 000	−155 000	−217 000	−40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 000	47 000	49 000	51 000
Total Current Assets	8 317 000	9 287 000	8 427 000	7 704 000
Total Assets	8 361 000	9 334 000	8 476 000	7 755 000
Total Retained Equity	905 000	160 000	160 000	160 000
Total Equity	1 105 000	360 000	360 000	360 000
Total Long-Term Debt	6 986 000	8 928 000	8 071 000	6 458 000
Total Current Debt	269 000	45 000	45 000	937 000
Total Equity and Debt	8 361 000	9 334 000	8 476 000	7 755 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 029 000	29 000	26 000	677 000
Other Income	0	0	0	0
Revenue	5 029 000	29 000	26 000	677 000
Cost of Goods Sold	194 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 000	2 000	2 000	2 000
Impairment	0	0	0	0
Expenditure	260 000	62 000	62 000	48 000
Operating Profit	1 186 000	−34 000	−36 000	186 000
Financial Income	0	4 000	4 000	0
Financial Costs	230 000	169 000	246 000	238 000
Financial Balance	−230 000	−165 000	−242 000	−238 000
Dividends	0	0	0	0
Net Income	745 000	−155 000	−217 000	−40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	1 000	1 000	1 000
Real Eastate	44 000	46 000	48 000	50 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	44 000	46 000	48 000	50 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	45 000	47 000	49 000	51 000
Stock	5 615 000	9 088 000	8 117 000	7 399 000
Total Investments	0	0	0	0
Cash, Bank	2 681 000	0	32 000	252 000
Total Current Assets	8 317 000	9 287 000	8 427 000	7 704 000
Total Assets	8 361 000	9 334 000	8 476 000	7 755 000
Total Equity	1 105 000	360 000	360 000	360 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 986 000	8 928 000	8 071 000	6 458 000
Creditors	4 000	2 000	2 000	892 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	56 000	40 000	44 000	44 000
Total Current Debt	269 000	45 000	45 000	937 000
Total Equity and Debt	8 361 000	9 334 000	8 476 000	7 755 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,42 %	−43,06 %	−60,28 %	−11,11 %
Debt-to-Equity Ratio	6,32	24,8	22,42	17,94
Operating Profit Margin	23,58 %	−117,24 %	−138,46 %	27,47 %
Current Ratio	30,92	206,38	187,27	8,22
Quick Ratio	−1,56	−1,03	−1,04	−1,19
Equity Ratio	0,13	0,04	0,04	0,05
Gross Profit Margin	96,14 %	100 %	100 %	100 %