HEMSEDAL FLATBRØDBAKERI AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

66,1 %

Current Ratio

0,78

Debt-to-Equity Ratio

0,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 668 000	1 606 000	1 319 000	964 000
Net Income	78 000	−18 000	68 000	71 000
Total Assets	822 000	948 000	522 000	378 000
Total Equity	118 000	40 000	58 000	−9 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 668 000	1 606 000	1 319 000	964 000
Expenditure	1 582 000	1 614 000	1 237 000	876 000
Operating Profit	87 000	−9 000	82 000	87 000
Financial Income	0	0	0	0
Financial Costs	9 000	9 000	14 000	16 000
Financial Balance	−9 000	−9 000	−14 000	−16 000
Earnings Before Tax	78 000	−18 000	68 000	71 000
Tax	0	0	0	0
Net Income	78 000	−18 000	68 000	71 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	329 000	535 000	71 000	41 000
Total Current Assets	494 000	413 000	450 000	337 000
Total Assets	822 000	948 000	522 000	378 000
Total Retained Equity	−194 000	−272 000	−254 000	−321 000
Total Equity	118 000	40 000	58 000	−9 000
Total Long-Term Debt	69 000	112 000	152 000	170 000
Total Current Debt	635 000	796 000	311 000	217 000
Total Equity and Debt	822 000	948 000	522 000	378 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 495 000	1 391 000	1 264 000	945 000
Other Income	173 000	216 000	55 000	18 000
Revenue	1 668 000	1 606 000	1 319 000	964 000
Cost of Goods Sold	515 000	478 000	351 000	199 000
Salary Costs	713 000	723 000	536 000	301 000
Depreciation	9 000	9 000	0	0
Impairment	0	0	0	0
Expenditure	1 582 000	1 614 000	1 237 000	876 000
Operating Profit	87 000	−9 000	82 000	87 000
Financial Income	0	0	0	0
Financial Costs	9 000	9 000	14 000	16 000
Financial Balance	−9 000	−9 000	−14 000	−16 000
Dividends	0	0	0	0
Net Income	78 000	−18 000	68 000	71 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	46 000	51 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	21 000	25 000	30 000	0
Total Tangible Assets	67 000	76 000	30 000	0
Total Fiancial Fixed Assets	261 000	458 000	41 000	41 000
Total Fixed Assets	329 000	535 000	71 000	41 000
Stock	98 000	93 000	93 000	73 000
Total Investments	0	0	0	0
Cash, Bank	167 000	53 000	165 000	64 000
Total Current Assets	494 000	413 000	450 000	337 000
Total Assets	822 000	948 000	522 000	378 000
Total Equity	118 000	40 000	58 000	−9 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	69 000	112 000	152 000	170 000
Creditors	375 000	369 000	85 000	56 000
Unpaid Taxes	25 000	46 000	87 000	30 000
Dividends	0	0	0	0
Other Current Debt	236 000	334 000	93 000	88 000
Total Current Debt	635 000	796 000	311 000	217 000
Total Equity and Debt	822 000	948 000	522 000	378 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,1 %	−45 %	117,24 %	−788,89 %
Debt-to-Equity Ratio	0,58	2,8	2,62	−18,89
Operating Profit Margin	5,22 %	−0,56 %	6,22 %	9,02 %
Current Ratio	0,78	0,52	1,45	1,55
Quick Ratio	0,92	0,59	2,06	2,34
Equity Ratio	0,14	0,04	0,11	−0,02
Gross Profit Margin	69,12 %	70,24 %	73,39 %	79,36 %