HESTNESVEIEN 255 AS

4372 EGERSUND

Finances

Share Ownership

Return on Equity

105,66 %

Current Ratio

0,7

Debt-to-Equity Ratio

−7,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 911 000	6 548 000	6 927 000	6 502 000
Net Income	−1 922 000	−803 000	−843 000	−1 289 000
Total Assets	12 103 000	15 716 000	28 956 000	30 341 000
Total Equity	−1 819 000	104 000	12 656 000	13 498 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 911 000	6 548 000	6 927 000	6 502 000
Expenditure	4 572 000	7 210 000	7 626 000	7 775 000
Operating Profit	−661 000	−662 000	−699 000	−1 274 000
Financial Income	28 000	6 000	9 000	28 000
Financial Costs	360 000	374 000	390 000	406 000
Financial Balance	−332 000	−368 000	−381 000	−378 000
Earnings Before Tax	−993 000	−1 029 000	−1 080 000	−1 652 000
Tax	929 000	−226 000	−238 000	−363 000
Net Income	−1 922 000	−803 000	−843 000	−1 289 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 840 000	13 466 000	13 937 000	14 397 000
Total Current Assets	263 000	2 249 000	15 018 000	15 944 000
Total Assets	12 103 000	15 716 000	28 956 000	30 341 000
Total Retained Equity	−2 019 000	−96 000	0	−169 000
Total Equity	−1 819 000	104 000	12 656 000	13 498 000
Total Long-Term Debt	13 544 000	14 459 000	15 263 000	15 637 000
Total Current Debt	378 000	1 153 000	1 037 000	1 206 000
Total Equity and Debt	12 103 000	15 716 000	28 956 000	30 341 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 901 000	6 547 000	6 920 000	6 502 000
Other Income	10 000	1 000	7 000	0
Revenue	3 911 000	6 548 000	6 927 000	6 502 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 962 000	5 190 000	5 854 000	6 093 000
Depreciation	697 000	697 000	697 000	697 000
Impairment	0	0	0	0
Expenditure	4 572 000	7 210 000	7 626 000	7 775 000
Operating Profit	−661 000	−662 000	−699 000	−1 274 000
Financial Income	28 000	6 000	9 000	28 000
Financial Costs	360 000	374 000	390 000	406 000
Financial Balance	−332 000	−368 000	−381 000	−378 000
Dividends	0	0	0	0
Net Income	−1 922 000	−803 000	−843 000	−1 289 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	929 000	703 000	465 000
Real Eastate	11 840 000	12 537 000	13 234 000	13 932 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 840 000	12 537 000	13 234 000	13 932 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 840 000	13 466 000	13 937 000	14 397 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 000	207 000	192 000	223 000
Total Current Assets	263 000	2 249 000	15 018 000	15 944 000
Total Assets	12 103 000	15 716 000	28 956 000	30 341 000
Total Equity	−1 819 000	104 000	12 656 000	13 498 000
Short-Term Group Debt	300 000	0	0	37 000
Total Long-Term Debt	13 544 000	14 459 000	15 263 000	15 637 000
Creditors	11 000	202 000	102 000	66 000
Unpaid Taxes	0	372 000	405 000	472 000
Dividends	0	0	0	0
Other Current Debt	67 000	578 000	530 000	630 000
Total Current Debt	378 000	1 153 000	1 037 000	1 206 000
Total Equity and Debt	12 103 000	15 716 000	28 956 000	30 341 000

Financial indicators	2022	2021	2020	2019
Return on Equity	105,66 %	−772,12 %	−6,66 %	−9,55 %
Debt-to-Equity Ratio	−7,45	139,03	1,21	1,16
Operating Profit Margin	−16,9 %	−10,11 %	−10,09 %	−19,59 %
Current Ratio	0,7	1,95	14,48	13,22
Quick Ratio	0,7	1,95	14,48	13,22
Equity Ratio	−0,15	0,01	0,44	0,44
Gross Profit Margin	100 %	100 %	100 %	100 %