HITTERVÆRING AS

7247 HESTVIKA

Finances

Share Ownership

Return on Equity

33,5 %

Current Ratio

3,45

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 744 000	3 895 000	3 858 000	3 557 000
Net Income	617 000	566 000	609 000	−73 000
Total Assets	3 663 000	3 573 000	3 541 000	3 348 000
Total Equity	1 842 000	1 775 000	1 609 000	1 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 744 000	3 895 000	3 858 000	3 557 000
Expenditure	3 752 000	3 341 000	3 145 000	3 760 000
Operating Profit	992 000	554 000	713 000	−203 000
Financial Income	10 000	176 000	103 000	136 000
Financial Costs	177 000	51 000	61 000	63 000
Financial Balance	−167 000	125 000	42 000	73 000
Earnings Before Tax	825 000	679 000	755 000	−130 000
Tax	208 000	113 000	146 000	−56 000
Net Income	617 000	566 000	609 000	−73 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	695 000	557 000	780 000	979 000
Total Current Assets	2 968 000	3 016 000	2 761 000	2 368 000
Total Assets	3 663 000	3 573 000	3 541 000	3 348 000
Total Retained Equity	1 592 000	1 525 000	1 359 000	750 000
Total Equity	1 842 000	1 775 000	1 609 000	1 000 000
Total Long-Term Debt	960 000	1 103 000	1 245 000	1 387 000
Total Current Debt	860 000	695 000	687 000	960 000
Total Equity and Debt	3 663 000	3 573 000	3 541 000	3 348 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 744 000	3 895 000	3 858 000	3 557 000
Other Income	0	0	0	0
Revenue	4 744 000	3 895 000	3 858 000	3 557 000
Cost of Goods Sold	2 000	1 000	1 000	0
Salary Costs	2 276 000	1 901 000	1 687 000	1 521 000
Depreciation	211 000	286 000	277 000	272 000
Impairment	0	0	0	0
Expenditure	3 752 000	3 341 000	3 145 000	3 760 000
Operating Profit	992 000	554 000	713 000	−203 000
Financial Income	10 000	176 000	103 000	136 000
Financial Costs	177 000	51 000	61 000	63 000
Financial Balance	−167 000	125 000	42 000	73 000
Dividends	0	0	0	0
Net Income	617 000	566 000	609 000	−73 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	57 000	53 000	24 000	43 000
Real Eastate	16 000	16 000	16 000	0
Machinery and Plant Facilities	621 000	456 000	537 000	561 000
Fixtures	0	2 000	7 000	12 000
Total Tangible Assets	637 000	503 000	757 000	936 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	695 000	557 000	780 000	979 000
Stock	0	0	0	0
Total Investments	650 000	771 000	605 000	515 000
Cash, Bank	2 262 000	2 200 000	2 113 000	1 769 000
Total Current Assets	2 968 000	3 016 000	2 761 000	2 368 000
Total Assets	3 663 000	3 573 000	3 541 000	3 348 000
Total Equity	1 842 000	1 775 000	1 609 000	1 000 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	960 000	1 103 000	1 245 000	1 387 000
Creditors	149 000	12 000	103 000	226 000
Unpaid Taxes	271 000	298 000	305 000	298 000
Dividends	0	0	0	0
Other Current Debt	228 000	242 000	152 000	436 000
Total Current Debt	860 000	695 000	687 000	960 000
Total Equity and Debt	3 663 000	3 573 000	3 541 000	3 348 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,5 %	31,89 %	37,85 %	−7,3 %
Debt-to-Equity Ratio	0,52	0,62	0,77	1,39
Operating Profit Margin	20,91 %	14,22 %	18,48 %	−5,71 %
Current Ratio	3,45	4,34	4,02	2,47
Quick Ratio	3,45	4,34	4,02	2,47
Equity Ratio	0,5	0,5	0,45	0,3
Gross Profit Margin	99,96 %	99,97 %	99,97 %	100 %