HESSHOEN AS

0174 OSLO

Finances

Share Ownership

Return on Equity

36,76 %

Current Ratio

1,22

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 939 000	2 169 000	1 190 000	1 443 000
Net Income	923 000	553 000	176 000	21 000
Total Assets	4 131 000	2 788 000	1 602 000	1 462 000
Total Equity	2 511 000	1 838 000	1 285 000	1 109 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 939 000	2 169 000	1 190 000	1 443 000
Expenditure	3 784 000	1 457 000	963 000	1 417 000
Operating Profit	1 155 000	713 000	227 000	26 000
Financial Income	39 000	0	0	0
Financial Costs	9 000	1 000	1 000	0
Financial Balance	30 000	−1 000	−1 000	0
Earnings Before Tax	1 186 000	712 000	226 000	26 000
Tax	263 000	159 000	50 000	5 000
Net Income	923 000	553 000	176 000	21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 175 000	252 000	300 000	38 000
Total Current Assets	1 956 000	2 536 000	1 302 000	1 424 000
Total Assets	4 131 000	2 788 000	1 602 000	1 462 000
Total Retained Equity	2 411 000	1 738 000	1 185 000	1 009 000
Total Equity	2 511 000	1 838 000	1 285 000	1 109 000
Total Long-Term Debt	17 000	44 000	65 000	3 000
Total Current Debt	1 604 000	906 000	253 000	350 000
Total Equity and Debt	4 131 000	2 788 000	1 602 000	1 462 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 924 000	2 169 000	1 190 000	1 365 000
Other Income	15 000	0	0	78 000
Revenue	4 939 000	2 169 000	1 190 000	1 443 000
Cost of Goods Sold	1 216 000	159 000	8 000	0
Salary Costs	1 719 000	630 000	308 000	380 000
Depreciation	127 000	48 000	26 000	6 000
Impairment	0	0	0	0
Expenditure	3 784 000	1 457 000	963 000	1 417 000
Operating Profit	1 155 000	713 000	227 000	26 000
Financial Income	39 000	0	0	0
Financial Costs	9 000	1 000	1 000	0
Financial Balance	30 000	−1 000	−1 000	0
Dividends	250 000	0	0	0
Net Income	923 000	553 000	176 000	21 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	443 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	440 000	252 000	300 000	38 000
Total Tangible Assets	883 000	252 000	300 000	38 000
Total Fiancial Fixed Assets	1 292 000	0	0	0
Total Fixed Assets	2 175 000	252 000	300 000	38 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	834 000	1 001 000	48 000	119 000
Total Current Assets	1 956 000	2 536 000	1 302 000	1 424 000
Total Assets	4 131 000	2 788 000	1 602 000	1 462 000
Total Equity	2 511 000	1 838 000	1 285 000	1 109 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 000	44 000	65 000	3 000
Creditors	167 000	11 000	3 000	5 000
Unpaid Taxes	767 000	252 000	9 000	188 000
Dividends	250 000	0	0	0
Other Current Debt	169 000	482 000	194 000	151 000
Total Current Debt	1 604 000	906 000	253 000	350 000
Total Equity and Debt	4 131 000	2 788 000	1 602 000	1 462 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,76 %	30,09 %	13,7 %	1,89 %
Debt-to-Equity Ratio	0,01	0,02	0,05	0
Operating Profit Margin	23,39 %	32,87 %	19,08 %	1,8 %
Current Ratio	1,22	2,8	5,15	4,07
Quick Ratio	1,22	2,8	5,15	4,07
Equity Ratio	0,61	0,66	0,8	0,76
Gross Profit Margin	75,38 %	92,67 %	99,33 %	100 %