HES EIENDOM AS

8050 TVERLANDET

Finances

Share Ownership

Return on Equity

26,14 %

Current Ratio

0,42

Debt-to-Equity Ratio

6,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 707 000	1 621 000	1 582 000	1 561 000
Net Income	389 000	371 000	345 000	−125 000
Total Assets	11 197 000	11 782 000	13 399 000	13 711 000
Total Equity	1 488 000	1 484 000	1 643 000	3 304 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 707 000	1 621 000	1 582 000	1 561 000
Expenditure	796 000	845 000	784 000	1 304 000
Operating Profit	911 000	777 000	798 000	257 000
Financial Income	1 000	0	1 000	0
Financial Costs	341 000	233 000	295 000	362 000
Financial Balance	−340 000	−233 000	−294 000	−362 000
Earnings Before Tax	572 000	543 000	503 000	−105 000
Tax	183 000	172 000	159 000	20 000
Net Income	389 000	371 000	345 000	−125 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 895 000	11 510 000	13 105 000	12 884 000
Total Current Assets	301 000	272 000	294 000	826 000
Total Assets	11 197 000	11 782 000	13 399 000	13 711 000
Total Retained Equity	1 388 000	1 384 000	1 543 000	3 204 000
Total Equity	1 488 000	1 484 000	1 643 000	3 304 000
Total Long-Term Debt	9 000 000	9 500 000	10 000 000	10 250 000
Total Current Debt	709 000	798 000	1 756 000	157 000
Total Equity and Debt	11 197 000	11 782 000	13 399 000	13 711 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 707 000	1 621 000	1 582 000	1 561 000
Revenue	1 707 000	1 621 000	1 582 000	1 561 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	121 000	0	0
Depreciation	614 000	614 000	614 000	614 000
Impairment	0	0	0	0
Expenditure	796 000	845 000	784 000	1 304 000
Operating Profit	911 000	777 000	798 000	257 000
Financial Income	1 000	0	1 000	0
Financial Costs	341 000	233 000	295 000	362 000
Financial Balance	−340 000	−233 000	−294 000	−362 000
Dividends	0	0	1 506 000	0
Net Income	389 000	371 000	345 000	−125 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 703 000	11 318 000	11 932 000	12 546 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 703 000	11 318 000	11 932 000	12 546 000
Total Fiancial Fixed Assets	192 000	192 000	1 174 000	339 000
Total Fixed Assets	10 895 000	11 510 000	13 105 000	12 884 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	296 000	266 000	294 000	825 000
Total Current Assets	301 000	272 000	294 000	826 000
Total Assets	11 197 000	11 782 000	13 399 000	13 711 000
Total Equity	1 488 000	1 484 000	1 643 000	3 304 000
Short-Term Group Debt	493 000	686 000	0	0
Total Long-Term Debt	9 000 000	9 500 000	10 000 000	10 250 000
Creditors	3 000	0	2 000	8 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	1 506 000	0
Other Current Debt	139 000	90 000	90 000	129 000
Total Current Debt	709 000	798 000	1 756 000	157 000
Total Equity and Debt	11 197 000	11 782 000	13 399 000	13 711 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,14 %	25 %	21 %	−3,78 %
Debt-to-Equity Ratio	6,05	6,4	6,09	3,1
Operating Profit Margin	53,37 %	47,93 %	50,44 %	16,46 %
Current Ratio	0,42	0,34	0,17	5,26
Quick Ratio	0,42	0,34	0,17	5,26
Equity Ratio	0,13	0,13	0,12	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %