HETLAND KRAFT AS

5580 ØLEN

Finances

Return on Equity

42,01 %

Current Ratio

2,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 834 000	617 000	180 000	463 000
Net Income	1 167 000	310 000	25 000	207 000
Total Assets	3 788 000	2 579 000	2 041 000	2 160 000
Total Equity	2 778 000	1 866 000	1 956 000	1 931 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 834 000	617 000	180 000	463 000
Expenditure	351 000	226 000	152 000	200 000
Operating Profit	1 483 000	391 000	29 000	263 000
Financial Income	13 000	7 000	3 000	3 000
Financial Costs	0	0	0	0
Financial Balance	13 000	7 000	3 000	3 000
Earnings Before Tax	1 496 000	398 000	32 000	265 000
Tax	329 000	87 000	7 000	58 000
Net Income	1 167 000	310 000	25 000	207 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 533 000	1 598 000	1 662 000	1 727 000
Total Current Assets	2 255 000	981 000	379 000	433 000
Total Assets	3 788 000	2 579 000	2 041 000	2 160 000
Total Retained Equity	2 733 000	1 566 000	1 656 000	1 631 000
Total Equity	2 778 000	1 866 000	1 956 000	1 931 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 010 000	712 000	85 000	229 000
Total Equity and Debt	3 788 000	2 579 000	2 041 000	2 160 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 834 000	617 000	180 000	463 000
Other Income	0	0	0	0
Revenue	1 834 000	617 000	180 000	463 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	68 000	68 000	68 000	68 000
Impairment	0	0	0	0
Expenditure	351 000	226 000	152 000	200 000
Operating Profit	1 483 000	391 000	29 000	263 000
Financial Income	13 000	7 000	3 000	3 000
Financial Costs	0	0	0	0
Financial Balance	13 000	7 000	3 000	3 000
Dividends	0	0	0	0
Net Income	1 167 000	310 000	25 000	207 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	15 000	12 000	9 000
Real Eastate	188 000	217 000	247 000	276 000
Machinery and Plant Facilities	1 327 000	1 365 000	1 403 000	1 441 000
Fixtures	0	0	0	0
Total Tangible Assets	1 514 000	1 582 000	1 650 000	1 718 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 533 000	1 598 000	1 662 000	1 727 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 040 000	813 000	318 000	288 000
Total Current Assets	2 255 000	981 000	379 000	433 000
Total Assets	3 788 000	2 579 000	2 041 000	2 160 000
Total Equity	2 778 000	1 866 000	1 956 000	1 931 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	5 000	2 000	9 000
Unpaid Taxes	450 000	140 000	46 000	102 000
Dividends	0	0	0	0
Other Current Debt	221 000	477 000	27 000	57 000
Total Current Debt	1 010 000	712 000	85 000	229 000
Total Equity and Debt	3 788 000	2 579 000	2 041 000	2 160 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,01 %	16,61 %	1,28 %	10,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	80,86 %	63,37 %	16,11 %	56,8 %
Current Ratio	2,23	1,38	4,46	1,89
Quick Ratio	2,23	1,38	4,46	1,89
Equity Ratio	0,73	0,72	0,96	0,89
Gross Profit Margin	100 %	100 %	100 %	100 %