HESTEVIKEN EIENDOM AS

5165 LAKSEVÅG

Finances

Share Ownership

Return on Equity

20,6 %

Current Ratio

0,48

Debt-to-Equity Ratio

1,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 671 000	6 987 000	7 416 000	8 252 000
Net Income	3 455 000	2 781 000	3 374 000	3 531 000
Total Assets	41 635 000	42 855 000	42 003 000	45 280 000
Total Equity	16 770 000	14 499 000	14 529 000	14 500 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 671 000	6 987 000	7 416 000	8 252 000
Expenditure	3 539 000	3 045 000	2 522 000	2 983 000
Operating Profit	5 132 000	3 942 000	4 894 000	5 269 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	702 000	377 000	570 000	743 000
Financial Balance	−701 000	−377 000	−569 000	−742 000
Earnings Before Tax	4 431 000	3 565 000	4 325 000	4 527 000
Tax	976 000	785 000	952 000	996 000
Net Income	3 455 000	2 781 000	3 374 000	3 531 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 185 000	39 730 000	41 013 000	42 140 000
Total Current Assets	2 450 000	3 125 000	990 000	3 139 000
Total Assets	41 635 000	42 855 000	42 003 000	45 280 000
Total Retained Equity	8 610 000	6 339 000	6 369 000	6 340 000
Total Equity	16 770 000	14 499 000	14 529 000	14 500 000
Total Long-Term Debt	19 809 000	21 795 000	22 736 000	21 961 000
Total Current Debt	5 057 000	6 561 000	4 738 000	8 819 000
Total Equity and Debt	41 635 000	42 855 000	42 003 000	45 280 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 059 000	397 000	762 000	1 060 000
Other Income	1 611 000	6 590 000	6 654 000	7 192 000
Revenue	8 671 000	6 987 000	7 416 000	8 252 000
Cost of Goods Sold	714 000	159 000	162 000	653 000
Salary Costs	0	0	0	0
Depreciation	1 328 000	1 328 000	1 327 000	1 304 000
Impairment	0	0	0	0
Expenditure	3 539 000	3 045 000	2 522 000	2 983 000
Operating Profit	5 132 000	3 942 000	4 894 000	5 269 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	702 000	377 000	570 000	743 000
Financial Balance	−701 000	−377 000	−569 000	−742 000
Dividends	0	0	0	0
Net Income	3 455 000	2 781 000	3 374 000	3 531 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	39 185 000	39 730 000	41 013 000	42 140 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	39 185 000	39 730 000	41 013 000	42 140 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	39 185 000	39 730 000	41 013 000	42 140 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 414 000	2 600 000	261 000	2 774 000
Total Current Assets	2 450 000	3 125 000	990 000	3 139 000
Total Assets	41 635 000	42 855 000	42 003 000	45 280 000
Total Equity	16 770 000	14 499 000	14 529 000	14 500 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 809 000	21 795 000	22 736 000	21 961 000
Creditors	1 225 000	262 000	200 000	148 000
Unpaid Taxes	4 000	300 000	199 000	142 000
Dividends	0	0	0	0
Other Current Debt	3 163 000	5 999 000	4 339 000	8 529 000
Total Current Debt	5 057 000	6 561 000	4 738 000	8 819 000
Total Equity and Debt	41 635 000	42 855 000	42 003 000	45 280 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,6 %	19,18 %	23,22 %	24,35 %
Debt-to-Equity Ratio	1,18	1,5	1,56	1,51
Operating Profit Margin	59,19 %	56,42 %	65,99 %	63,85 %
Current Ratio	0,48	0,48	0,21	0,36
Quick Ratio	0,48	0,48	0,21	0,36
Equity Ratio	0,4	0,34	0,35	0,32
Gross Profit Margin	91,77 %	97,72 %	97,82 %	92,09 %