HETLAND INVESTERING AS

4044 HAFRSFJORD

Finances

Return on Equity

13,78 %

Current Ratio

3,2

Debt-to-Equity Ratio

0,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	928 000	884 000	838 000	872 000
Net Income	444 000	415 000	397 000	396 000
Total Assets	6 376 000	6 252 000	6 183 000	6 191 000
Total Equity	3 223 000	2 779 000	2 365 000	1 967 000

Income (NOK)	2022	2021	2020	2019
Revenue	928 000	884 000	838 000	872 000
Expenditure	197 000	204 000	160 000	174 000
Operating Profit	732 000	680 000	678 000	698 000
Financial Income	0	0	0	0
Financial Costs	163 000	148 000	169 000	191 000
Financial Balance	−163 000	−148 000	−169 000	−191 000
Earnings Before Tax	569 000	532 000	509 000	507 000
Tax	125 000	117 000	112 000	112 000
Net Income	444 000	415 000	397 000	396 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 608 000	5 647 000	5 718 000	5 787 000
Total Current Assets	768 000	605 000	465 000	405 000
Total Assets	6 376 000	6 252 000	6 183 000	6 191 000
Total Retained Equity	3 069 000	2 625 000	2 211 000	1 813 000
Total Equity	3 223 000	2 779 000	2 365 000	1 967 000
Total Long-Term Debt	2 914 000	3 251 000	3 588 000	3 924 000
Total Current Debt	240 000	222 000	231 000	300 000
Total Equity and Debt	6 376 000	6 252 000	6 183 000	6 191 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	928 000	884 000	838 000	872 000
Revenue	928 000	884 000	838 000	872 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	69 000	69 000	69 000	69 000
Impairment	0	0	0	0
Expenditure	197 000	204 000	160 000	174 000
Operating Profit	732 000	680 000	678 000	698 000
Financial Income	0	0	0	0
Financial Costs	163 000	148 000	169 000	191 000
Financial Balance	−163 000	−148 000	−169 000	−191 000
Dividends	0	0	0	0
Net Income	444 000	415 000	397 000	396 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 514 000	5 602 000	5 670 000	5 739 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 514 000	5 602 000	5 670 000	5 739 000
Total Fiancial Fixed Assets	94 000	45 000	48 000	48 000
Total Fixed Assets	5 608 000	5 647 000	5 718 000	5 787 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	763 000	599 000	460 000	405 000
Total Current Assets	768 000	605 000	465 000	405 000
Total Assets	6 376 000	6 252 000	6 183 000	6 191 000
Total Equity	3 223 000	2 779 000	2 365 000	1 967 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 914 000	3 251 000	3 588 000	3 924 000
Creditors	12 000	34 000	36 000	23 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	99 000	67 000	80 000	162 000
Total Current Debt	240 000	222 000	231 000	300 000
Total Equity and Debt	6 376 000	6 252 000	6 183 000	6 191 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,78 %	14,93 %	16,79 %	20,13 %
Debt-to-Equity Ratio	0,9	1,17	1,52	1,99
Operating Profit Margin	78,88 %	76,92 %	80,91 %	80,05 %
Current Ratio	3,2	2,73	2,01	1,35
Quick Ratio	3,2	2,73	2,01	1,35
Equity Ratio	0,51	0,44	0,38	0,32
Gross Profit Margin	100 %	100 %	100 %	100 %