HEDWIG ØGREID INVEST AS

4008 STAVANGER

Finances

Return on Equity

54,12 %

Current Ratio

1,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 450 000	9 900 000	9 223 000	0
Net Income	10 807 000	9 150 000	8 000 000	10 108 000
Total Assets	30 083 000	30 765 000	32 535 000	34 378 000
Total Equity	19 967 000	19 160 000	22 212 000	28 509 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 450 000	9 900 000	9 223 000	0
Expenditure	936 000	779 000	618 000	527 000
Operating Profit	10 513 000	9 121 000	8 605 000	−528 000
Financial Income	293 000	28 000	−605 000	10 645 000
Financial Costs	0	0	0	9 000
Financial Balance	293 000	28 000	−605 000	10 636 000
Earnings Before Tax	10 807 000	9 150 000	8 000 000	10 108 000
Tax	0	0	0	0
Net Income	10 807 000	9 150 000	8 000 000	10 108 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 923 000	13 923 000	26 912 000	28 239 000
Total Current Assets	16 161 000	16 843 000	5 623 000	6 139 000
Total Assets	30 083 000	30 765 000	32 535 000	34 378 000
Total Retained Equity	19 867 000	19 061 000	22 113 000	28 410 000
Total Equity	19 967 000	19 160 000	22 212 000	28 509 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 117 000	11 605 000	10 322 000	5 870 000
Total Equity and Debt	30 083 000	30 765 000	32 535 000	34 378 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	9 900 000	0	0
Other Income	11 450 000	0	9 223 000	0
Revenue	11 450 000	9 900 000	9 223 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	876 000	665 000	553 000	449 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	936 000	779 000	618 000	527 000
Operating Profit	10 513 000	9 121 000	8 605 000	−528 000
Financial Income	293 000	28 000	−605 000	10 645 000
Financial Costs	0	0	0	9 000
Financial Balance	293 000	28 000	−605 000	10 636 000
Dividends	0	0	10 000 000	0
Net Income	10 807 000	9 150 000	8 000 000	10 108 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	13 923 000	13 923 000	26 912 000	28 239 000
Total Fixed Assets	13 923 000	13 923 000	26 912 000	28 239 000
Stock	0	0	0	0
Total Investments	0	0	500 000	500 000
Cash, Bank	16 161 000	4 382 000	4 780 000	5 296 000
Total Current Assets	16 161 000	16 843 000	5 623 000	6 139 000
Total Assets	30 083 000	30 765 000	32 535 000	34 378 000
Total Equity	19 967 000	19 160 000	22 212 000	28 509 000
Short-Term Group Debt	0	0	202 000	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	0	24 000	15 000
Unpaid Taxes	29 000	40 000	49 000	12 000
Dividends	0	0	10 000 000	0
Other Current Debt	10 086 000	11 565 000	47 000	5 842 000
Total Current Debt	10 117 000	11 605 000	10 322 000	5 870 000
Total Equity and Debt	30 083 000	30 765 000	32 535 000	34 378 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,12 %	47,76 %	36,02 %	35,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	91,82 %	92,13 %	93,3 %	-
Current Ratio	1,6	1,45	0,54	1,05
Quick Ratio	1,6	1,45	0,54	1,05
Equity Ratio	0,66	0,62	0,68	0,83
Gross Profit Margin	100 %	100 %	100 %	-