HEDLAND INVEST AS

4051 SOLA

Finances

Return on Equity

17,56 %

Current Ratio

7,3

Debt-to-Equity Ratio

0,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	117 589 000	111 706 000	0	0
Net Income	71 527 000	50 891 000	30 143 000	12 165 000
Total Assets	719 761 000	1 001 726 000	562 010 000	273 861 000
Total Equity	407 216 000	388 922 000	414 900 000	217 709 000

Income (NOK)	2022	2021	2020	2019
Revenue	117 589 000	111 706 000	0	0
Expenditure	31 712 000	40 977 000	206 000	92 000
Operating Profit	85 877 000	70 729 000	−206 000	−92 000
Financial Income	8 087 000	2 649 000	34 770 000	16 820 000
Financial Costs	12 824 000	13 326 000	1 547 000	1 539 000
Financial Balance	−4 737 000	−10 677 000	33 223 000	15 281 000
Earnings Before Tax	81 140 000	60 052 000	33 016 000	15 189 000
Tax	9 613 000	9 161 000	2 874 000	3 024 000
Net Income	71 527 000	50 891 000	30 143 000	12 165 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	641 231 000	936 446 000	505 004 000	249 870 000
Total Current Assets	78 531 000	65 280 000	57 006 000	23 990 000
Total Assets	719 761 000	1 001 726 000	562 010 000	273 861 000
Total Retained Equity	63 032 000	44 738 000	70 716 000	40 573 000
Total Equity	407 216 000	388 922 000	414 900 000	217 709 000
Total Long-Term Debt	301 791 000	531 690 000	22 993 000	10 000
Total Current Debt	10 755 000	81 113 000	124 117 000	56 142 000
Total Equity and Debt	719 761 000	1 001 726 000	562 010 000	273 861 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	72 964 000	82 964 000	0	0
Other Income	44 625 000	28 741 000	0	0
Revenue	117 589 000	111 706 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	28 770 000	36 933 000	0	0
Impairment	0	0	0	0
Expenditure	31 712 000	40 977 000	206 000	92 000
Operating Profit	85 877 000	70 729 000	−206 000	−92 000
Financial Income	8 087 000	2 649 000	34 770 000	16 820 000
Financial Costs	12 824 000	13 326 000	1 547 000	1 539 000
Financial Balance	−4 737 000	−10 677 000	33 223 000	15 281 000
Dividends	50 003 000	80 160 000	0	0
Net Income	71 527 000	50 891 000	30 143 000	12 165 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	591 469 000	916 833 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	251 000	427 000	0	0
Total Tangible Assets	591 720 000	917 260 000	0	0
Total Fiancial Fixed Assets	49 511 000	19 187 000	505 004 000	249 870 000
Total Fixed Assets	641 231 000	936 446 000	505 004 000	249 870 000
Stock	0	0	0	0
Total Investments	20 829 000	20 619 000	0	0
Cash, Bank	52 091 000	36 903 000	3 381 000	830 000
Total Current Assets	78 531 000	65 280 000	57 006 000	23 990 000
Total Assets	719 761 000	1 001 726 000	562 010 000	273 861 000
Total Equity	407 216 000	388 922 000	414 900 000	217 709 000
Short-Term Group Debt	0	0	32 000 000	1 957 000
Total Long-Term Debt	301 791 000	531 690 000	22 993 000	10 000
Creditors	248 000	9 516 000	0	63 000
Unpaid Taxes	377 000	629 000	0	0
Dividends	50 003 000	80 160 000	0	0
Other Current Debt	2 019 000	8 163 000	89 244 000	51 539 000
Total Current Debt	10 755 000	81 113 000	124 117 000	56 142 000
Total Equity and Debt	719 761 000	1 001 726 000	562 010 000	273 861 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,56 %	13,09 %	7,27 %	5,59 %
Debt-to-Equity Ratio	0,74	1,37	0,06	0
Operating Profit Margin	73,03 %	63,32 %	-	-
Current Ratio	7,3	0,8	0,46	0,43
Quick Ratio	7,3	0,8	0,46	0,43
Equity Ratio	0,57	0,39	0,74	0,79
Gross Profit Margin	100 %	100 %	-	-