HEGGE AS

3970 LANGESUND

Finances

Share Ownership

Return on Equity

3,97 %

Current Ratio

4,43

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 124 000	1 876 000	2 373 000	2 123 000
Net Income	134 000	−23 000	638 000	89 000
Total Assets	3 927 000	3 803 000	3 828 000	5 940 000
Total Equity	3 376 000	3 242 000	3 437 000	1 928 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 124 000	1 876 000	2 373 000	2 123 000
Expenditure	1 952 000	1 663 000	1 714 000	1 841 000
Operating Profit	172 000	214 000	659 000	282 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	84 000	186 000
Financial Balance	0	0	−83 000	−186 000
Earnings Before Tax	171 000	214 000	576 000	97 000
Tax	38 000	236 000	−62 000	8 000
Net Income	134 000	−23 000	638 000	89 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 580 000	2 601 000	2 621 000	5 169 000
Total Current Assets	1 347 000	1 203 000	1 207 000	771 000
Total Assets	3 927 000	3 803 000	3 828 000	5 940 000
Total Retained Equity	2 476 000	2 342 000	2 537 000	1 028 000
Total Equity	3 376 000	3 242 000	3 437 000	1 928 000
Total Long-Term Debt	247 000	273 000	116 000	3 732 000
Total Current Debt	304 000	288 000	276 000	280 000
Total Equity and Debt	3 927 000	3 803 000	3 828 000	5 940 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 950 000	1 530 000	1 783 000	1 540 000
Other Income	174 000	346 000	591 000	583 000
Revenue	2 124 000	1 876 000	2 373 000	2 123 000
Cost of Goods Sold	1 150 000	903 000	878 000	968 000
Salary Costs	576 000	573 000	573 000	573 000
Depreciation	21 000	21 000	21 000	43 000
Impairment	0	0	0	0
Expenditure	1 952 000	1 663 000	1 714 000	1 841 000
Operating Profit	172 000	214 000	659 000	282 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	84 000	186 000
Financial Balance	0	0	−83 000	−186 000
Dividends	0	0	0	0
Net Income	134 000	−23 000	638 000	89 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 580 000	2 601 000	2 621 000	5 169 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 580 000	2 601 000	2 621 000	5 169 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 580 000	2 601 000	2 621 000	5 169 000
Stock	322 000	185 000	256 000	340 000
Total Investments	0	0	0	0
Cash, Bank	955 000	941 000	872 000	274 000
Total Current Assets	1 347 000	1 203 000	1 207 000	771 000
Total Assets	3 927 000	3 803 000	3 828 000	5 940 000
Total Equity	3 376 000	3 242 000	3 437 000	1 928 000
Short-Term Group Debt	0	14 000	0	0
Total Long-Term Debt	247 000	273 000	116 000	3 732 000
Creditors	77 000	35 000	−2 000	75 000
Unpaid Taxes	64 000	64 000	71 000	75 000
Dividends	0	0	0	0
Other Current Debt	100 000	96 000	120 000	108 000
Total Current Debt	304 000	288 000	276 000	280 000
Total Equity and Debt	3 927 000	3 803 000	3 828 000	5 940 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,97 %	−0,71 %	18,56 %	4,62 %
Debt-to-Equity Ratio	0,07	0,08	0,03	1,94
Operating Profit Margin	8,1 %	11,41 %	27,77 %	13,28 %
Current Ratio	4,43	4,18	4,37	2,75
Quick Ratio	−74,83	11,68	60,35	−12,85
Equity Ratio	0,86	0,85	0,9	0,32
Gross Profit Margin	45,86 %	51,87 %	63 %	54,4 %