HEGA AS

2150 ÅRNES

Finances

Return on Equity

42,6 %

Current Ratio

2,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 057 000	45 401 000	5 259 000	23 149 000
Net Income	2 429 000	5 149 000	−1 239 000	384 000
Total Assets	10 623 000	20 069 000	7 964 000	7 060 000
Total Equity	5 702 000	3 274 000	325 000	1 564 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 057 000	45 401 000	5 259 000	23 149 000
Expenditure	19 735 000	39 051 000	6 604 000	21 477 000
Operating Profit	3 323 000	6 350 000	−1 345 000	565 000
Financial Income	3 000	2 000	3 000	4 000
Financial Costs	64 000	39 000	240 000	77 000
Financial Balance	−61 000	−37 000	−237 000	−73 000
Earnings Before Tax	3 262 000	6 313 000	−1 582 000	493 000
Tax	833 000	1 164 000	−343 000	109 000
Net Income	2 429 000	5 149 000	−1 239 000	384 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	387 000	520 000	396 000	494 000
Total Current Assets	10 237 000	19 549 000	7 568 000	6 566 000
Total Assets	10 623 000	20 069 000	7 964 000	7 060 000
Total Retained Equity	5 602 000	3 174 000	225 000	1 464 000
Total Equity	5 702 000	3 274 000	325 000	1 564 000
Total Long-Term Debt	0	508 000	0	0
Total Current Debt	4 921 000	16 287 000	7 639 000	5 496 000
Total Equity and Debt	10 623 000	20 069 000	7 964 000	7 060 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 057 000	45 401 000	5 259 000	23 149 000
Other Income	0	0	0	0
Revenue	23 057 000	45 401 000	5 259 000	23 149 000
Cost of Goods Sold	16 378 000	36 501 000	4 803 000	18 941 000
Salary Costs	2 089 000	940 000	632 000	948 000
Depreciation	104 000	87 000	80 000	75 000
Impairment	0	0	0	0
Expenditure	19 735 000	39 051 000	6 604 000	21 477 000
Operating Profit	3 323 000	6 350 000	−1 345 000	565 000
Financial Income	3 000	2 000	3 000	4 000
Financial Costs	64 000	39 000	240 000	77 000
Financial Balance	−61 000	−37 000	−237 000	−73 000
Dividends	0	0	0	0
Net Income	2 429 000	5 149 000	−1 239 000	384 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	50 000	66 000	0	0
Fixtures	162 000	249 000	191 000	271 000
Total Tangible Assets	212 000	315 000	191 000	271 000
Total Fiancial Fixed Assets	175 000	205 000	205 000	223 000
Total Fixed Assets	387 000	520 000	396 000	494 000
Stock	0	0	6 525 000	0
Total Investments	0	0	0	0
Cash, Bank	7 643 000	2 886 000	574 000	1 597 000
Total Current Assets	10 237 000	19 549 000	7 568 000	6 566 000
Total Assets	10 623 000	20 069 000	7 964 000	7 060 000
Total Equity	5 702 000	3 274 000	325 000	1 564 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	508 000	0	0
Creditors	−81 000	2 068 000	628 000	1 843 000
Unpaid Taxes	128 000	246 000	43 000	91 000
Dividends	0	0	0	0
Other Current Debt	3 533 000	11 116 000	6 968 000	3 454 000
Total Current Debt	4 921 000	16 287 000	7 639 000	5 496 000
Total Equity and Debt	10 623 000	20 069 000	7 964 000	7 060 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,6 %	157,27 %	−381,23 %	24,55 %
Debt-to-Equity Ratio	0	0,16	0	0
Operating Profit Margin	14,41 %	13,99 %	−25,58 %	2,44 %
Current Ratio	2,08	1,2	0,99	1,19
Quick Ratio	2,08	1,2	6,79	1,19
Equity Ratio	0,54	0,16	0,04	0,22
Gross Profit Margin	28,97 %	19,6 %	8,67 %	18,18 %