HUDLEGE FREDDY HESTHOLM AS

4020 STAVANGER

Finances

Return on Equity

28,1 %

Current Ratio

4,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 866 000	8 707 000	8 079 000	7 234 000
Net Income	2 468 000	2 987 000	2 144 000	1 797 000
Total Assets	11 271 000	8 758 000	7 758 000	6 383 000
Total Equity	8 783 000	7 314 000	5 827 000	4 283 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 866 000	8 707 000	8 079 000	7 234 000
Expenditure	5 990 000	5 852 000	5 585 000	5 007 000
Operating Profit	2 876 000	2 856 000	2 494 000	2 227 000
Financial Income	722 000	729 000	222 000	72 000
Financial Costs	487 000	1 000	0	5 000
Financial Balance	235 000	728 000	222 000	67 000
Earnings Before Tax	3 110 000	3 584 000	2 716 000	2 293 000
Tax	642 000	597 000	572 000	496 000
Net Income	2 468 000	2 987 000	2 144 000	1 797 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	109 000	123 000	169 000	297 000
Total Current Assets	11 162 000	8 635 000	7 589 000	6 086 000
Total Assets	11 271 000	8 758 000	7 758 000	6 383 000
Total Retained Equity	8 761 000	7 293 000	5 806 000	4 262 000
Total Equity	8 783 000	7 314 000	5 827 000	4 283 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 489 000	1 443 000	1 931 000	2 100 000
Total Equity and Debt	11 271 000	8 758 000	7 758 000	6 383 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 866 000	8 707 000	8 079 000	7 234 000
Other Income	0	0	0	0
Revenue	8 866 000	8 707 000	8 079 000	7 234 000
Cost of Goods Sold	311 000	351 000	309 000	203 000
Salary Costs	4 661 000	4 339 000	4 210 000	3 740 000
Depreciation	80 000	142 000	123 000	123 000
Impairment	0	0	0	0
Expenditure	5 990 000	5 852 000	5 585 000	5 007 000
Operating Profit	2 876 000	2 856 000	2 494 000	2 227 000
Financial Income	722 000	729 000	222 000	72 000
Financial Costs	487 000	1 000	0	5 000
Financial Balance	235 000	728 000	222 000	67 000
Dividends	1 000 000	0	600 000	1 000 000
Net Income	2 468 000	2 987 000	2 144 000	1 797 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	14 000	18 000	22 000
Real Eastate	0	52 000	130 000	251 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	85 000	47 000	11 000	14 000
Total Tangible Assets	85 000	99 000	142 000	265 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	109 000	123 000	169 000	297 000
Stock	0	0	0	0
Total Investments	10 109 000	5 629 000	5 142 000	5 103 000
Cash, Bank	979 000	2 936 000	2 352 000	469 000
Total Current Assets	11 162 000	8 635 000	7 589 000	6 086 000
Total Assets	11 271 000	8 758 000	7 758 000	6 383 000
Total Equity	8 783 000	7 314 000	5 827 000	4 283 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	88 000	132 000	51 000	51 000
Unpaid Taxes	363 000	345 000	348 000	235 000
Dividends	1 000 000	0	600 000	1 000 000
Other Current Debt	396 000	373 000	364 000	322 000
Total Current Debt	2 489 000	1 443 000	1 931 000	2 100 000
Total Equity and Debt	11 271 000	8 758 000	7 758 000	6 383 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,1 %	40,84 %	36,79 %	41,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	32,44 %	32,8 %	30,87 %	30,79 %
Current Ratio	4,48	5,98	3,93	2,9
Quick Ratio	4,48	5,98	3,93	2,9
Equity Ratio	0,78	0,84	0,75	0,67
Gross Profit Margin	96,49 %	95,97 %	96,18 %	97,19 %