HEDIN AUTOMOTIVE AS

4033 STAVANGER

Finances

Return on Equity

36,18 %

Current Ratio

0,86

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	58 136 000	49 114 000	48 891 000	27 164 000
Net Income	196 755 000	128 384 000	102 482 000	122 728 000
Total Assets	1 065 077 000	839 573 000	730 095 000	626 917 000
Total Equity	543 881 000	467 125 000	397 242 000	394 759 000

Income (NOK)	2022	2021	2020	2019
Revenue	58 136 000	49 114 000	48 891 000	27 164 000
Expenditure	61 639 000	52 424 000	48 661 000	44 489 000
Operating Profit	−3 503 000	−3 311 000	230 000	−17 326 000
Financial Income	249 909 000	166 476 000	138 823 000	151 621 000
Financial Costs	10 894 000	6 562 000	11 672 000	9 985 000
Financial Balance	239 015 000	159 914 000	127 151 000	141 636 000
Earnings Before Tax	235 512 000	156 603 000	127 381 000	124 310 000
Tax	38 756 000	28 220 000	24 898 000	1 583 000
Net Income	196 755 000	128 384 000	102 482 000	122 728 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	654 469 000	586 772 000	521 529 000	526 471 000
Total Current Assets	410 607 000	252 801 000	208 566 000	100 447 000
Total Assets	1 065 077 000	839 573 000	730 095 000	626 917 000
Total Retained Equity	531 034 000	454 278 000	384 395 000	381 912 000
Total Equity	543 881 000	467 125 000	397 242 000	394 759 000
Total Long-Term Debt	45 066 000	43 459 000	48 487 000	55 630 000
Total Current Debt	476 130 000	328 989 000	284 367 000	176 528 000
Total Equity and Debt	1 065 077 000	839 573 000	730 095 000	626 917 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	58 136 000	49 114 000	48 891 000	27 164 000
Revenue	58 136 000	49 114 000	48 891 000	27 164 000
Cost of Goods Sold	0	0	0	0
Salary Costs	38 874 000	30 299 000	32 211 000	28 715 000
Depreciation	263 000	418 000	657 000	1 287 000
Impairment	0	0	0	228 000
Expenditure	61 639 000	52 424 000	48 661 000	44 489 000
Operating Profit	−3 503 000	−3 311 000	230 000	−17 326 000
Financial Income	249 909 000	166 476 000	138 823 000	151 621 000
Financial Costs	10 894 000	6 562 000	11 672 000	9 985 000
Financial Balance	239 015 000	159 914 000	127 151 000	141 636 000
Dividends	120 000 000	58 500 000	100 000 000	0
Net Income	196 755 000	128 384 000	102 482 000	122 728 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	149 000	525 000	1 313 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	34 037 000	141 000	161 000	251 000
Total Tangible Assets	34 037 000	141 000	161 000	251 000
Total Fiancial Fixed Assets	620 432 000	586 482 000	520 843 000	524 907 000
Total Fixed Assets	654 469 000	586 772 000	521 529 000	526 471 000
Stock	0	0	179 000	179 000
Total Investments	0	0	0	0
Cash, Bank	1 511 000	1 104 000	1 302 000	1 160 000
Total Current Assets	410 607 000	252 801 000	208 566 000	100 447 000
Total Assets	1 065 077 000	839 573 000	730 095 000	626 917 000
Total Equity	543 881 000	467 125 000	397 242 000	394 759 000
Short-Term Group Debt	269 210 000	233 546 000	147 017 000	164 540 000
Total Long-Term Debt	45 066 000	43 459 000	48 487 000	55 630 000
Creditors	39 753 000	1 508 000	1 646 000	1 490 000
Unpaid Taxes	2 490 000	2 008 000	2 333 000	2 058 000
Dividends	120 000 000	58 500 000	100 000 000	0
Other Current Debt	7 385 000	5 287 000	8 772 000	7 010 000
Total Current Debt	476 130 000	328 989 000	284 367 000	176 528 000
Total Equity and Debt	1 065 077 000	839 573 000	730 095 000	626 917 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,18 %	27,48 %	25,8 %	31,09 %
Debt-to-Equity Ratio	0,08	0,09	0,12	0,14
Operating Profit Margin	−6,03 %	−6,74 %	0,47 %	−63,78 %
Current Ratio	0,86	0,77	0,73	0,57
Quick Ratio	0,86	0,77	0,73	0,57
Equity Ratio	0,51	0,56	0,54	0,63
Gross Profit Margin	100 %	100 %	100 %	100 %