HESTEKUR AS

1859 SLITU

Finances

Share Ownership

Return on Equity

−33,19 %

Current Ratio

3,79

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 722 000	2 486 000	2 365 000	2 237 000
Net Income	−546 000	683 000	368 000	200 000
Total Assets	2 035 000	2 865 000	2 155 000	1 827 000
Total Equity	1 645 000	2 191 000	1 508 000	1 139 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 722 000	2 486 000	2 365 000	2 237 000
Expenditure	3 427 000	1 609 000	1 854 000	1 971 000
Operating Profit	−704 000	878 000	511 000	266 000
Financial Income	8 000	2 000	4 000	5 000
Financial Costs	4 000	4 000	43 000	14 000
Financial Balance	4 000	−2 000	−39 000	−9 000
Earnings Before Tax	−700 000	876 000	473 000	256 000
Tax	−154 000	193 000	104 000	57 000
Net Income	−546 000	683 000	368 000	200 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 087 000	887 000	758 000	371 000
Total Current Assets	948 000	1 978 000	1 398 000	1 456 000
Total Assets	2 035 000	2 865 000	2 155 000	1 827 000
Total Retained Equity	1 545 000	2 091 000	1 408 000	1 039 000
Total Equity	1 645 000	2 191 000	1 508 000	1 139 000
Total Long-Term Debt	140 000	258 000	337 000	78 000
Total Current Debt	250 000	416 000	311 000	610 000
Total Equity and Debt	2 035 000	2 865 000	2 155 000	1 827 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 697 000	2 486 000	2 268 000	2 237 000
Other Income	24 000	0	97 000	0
Revenue	2 722 000	2 486 000	2 365 000	2 237 000
Cost of Goods Sold	221 000	132 000	160 000	106 000
Salary Costs	873 000	855 000	883 000	856 000
Depreciation	216 000	9 000	46 000	166 000
Impairment	0	0	0	0
Expenditure	3 427 000	1 609 000	1 854 000	1 971 000
Operating Profit	−704 000	878 000	511 000	266 000
Financial Income	8 000	2 000	4 000	5 000
Financial Costs	4 000	4 000	43 000	14 000
Financial Balance	4 000	−2 000	−39 000	−9 000
Dividends	0	0	0	300 000
Net Income	−546 000	683 000	368 000	200 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	76 000	0	0	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	562 000	113 000	113 000	113 000
Fixtures	449 000	774 000	645 000	245 000
Total Tangible Assets	1 011 000	887 000	758 000	358 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 087 000	887 000	758 000	371 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	778 000	1 890 000	1 355 000	1 417 000
Total Current Assets	948 000	1 978 000	1 398 000	1 456 000
Total Assets	2 035 000	2 865 000	2 155 000	1 827 000
Total Equity	1 645 000	2 191 000	1 508 000	1 139 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	140 000	258 000	337 000	78 000
Creditors	110 000	17 000	8 000	9 000
Unpaid Taxes	52 000	156 000	163 000	131 000
Dividends	0	0	0	300 000
Other Current Debt	89 000	87 000	89 000	107 000
Total Current Debt	250 000	416 000	311 000	610 000
Total Equity and Debt	2 035 000	2 865 000	2 155 000	1 827 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−33,19 %	31,17 %	24,4 %	17,56 %
Debt-to-Equity Ratio	0,09	0,12	0,22	0,07
Operating Profit Margin	−25,86 %	35,32 %	21,61 %	11,89 %
Current Ratio	3,79	4,75	4,5	2,39
Quick Ratio	3,79	4,75	4,5	2,39
Equity Ratio	0,81	0,76	0,7	0,62
Gross Profit Margin	91,88 %	94,69 %	93,23 %	95,26 %