HEDENGREN SECURITY AS

3413 LIER

Finances

Return on Equity

102,41 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	103 111 000	77 198 000	65 004 000	57 339 000
Net Income	1 654 000	271 000	−741 000	1 371 000
Total Assets	16 604 000	11 977 000	9 680 000	13 826 000
Total Equity	1 615 000	2 861 000	2 590 000	3 331 000

Income (NOK)	2022	2021	2020	2019
Revenue	103 111 000	77 198 000	65 004 000	57 339 000
Expenditure	100 976 000	76 689 000	65 612 000	55 581 000
Operating Profit	2 135 000	508 000	−609 000	1 758 000
Financial Income	92 000	−11 000	263 000	66 000
Financial Costs	74 000	128 000	590 000	48 000
Financial Balance	18 000	−139 000	−327 000	18 000
Earnings Before Tax	2 153 000	370 000	−936 000	1 776 000
Tax	499 000	99 000	−195 000	406 000
Net Income	1 654 000	271 000	−741 000	1 371 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	335 000	574 000	854 000	1 152 000
Total Current Assets	16 270 000	11 403 000	8 826 000	12 674 000
Total Assets	16 604 000	11 977 000	9 680 000	13 826 000
Total Retained Equity	911 000	2 112 000	1 841 000	2 582 000
Total Equity	1 615 000	2 861 000	2 590 000	3 331 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	14 989 000	9 116 000	7 090 000	10 495 000
Total Equity and Debt	16 604 000	11 977 000	9 680 000	13 826 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	103 111 000	77 198 000	65 004 000	57 335 000
Other Income	0	0	0	4 000
Revenue	103 111 000	77 198 000	65 004 000	57 339 000
Cost of Goods Sold	55 134 000	38 045 000	33 583 000	29 825 000
Salary Costs	29 941 000	26 205 000	21 127 000	18 530 000
Depreciation	249 000	285 000	285 000	325 000
Impairment	0	0	0	0
Expenditure	100 976 000	76 689 000	65 612 000	55 581 000
Operating Profit	2 135 000	508 000	−609 000	1 758 000
Financial Income	92 000	−11 000	263 000	66 000
Financial Costs	74 000	128 000	590 000	48 000
Financial Balance	18 000	−139 000	−327 000	18 000
Dividends	0	0	0	0
Net Income	1 654 000	271 000	−741 000	1 371 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	180 000	360 000	540 000	720 000
Total Intangible Assets	309 000	480 000	654 000	847 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	26 000	94 000	199 000	305 000
Total Tangible Assets	26 000	94 000	199 000	305 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	335 000	574 000	854 000	1 152 000
Stock	4 127 000	3 173 000	3 028 000	3 218 000
Total Investments	0	0	0	0
Cash, Bank	790 000	2 161 000	171 000	638 000
Total Current Assets	16 270 000	11 403 000	8 826 000	12 674 000
Total Assets	16 604 000	11 977 000	9 680 000	13 826 000
Total Equity	1 615 000	2 861 000	2 590 000	3 331 000
Short-Term Group Debt	3 360 000	2 040 000	459 000	2 103 000
Total Long-Term Debt	0	0	0	0
Creditors	2 512 000	601 000	1 063 000	3 185 000
Unpaid Taxes	5 597 000	4 161 000	3 706 000	3 373 000
Dividends	0	0	0	0
Other Current Debt	3 013 000	2 210 000	1 863 000	1 450 000
Total Current Debt	14 989 000	9 116 000	7 090 000	10 495 000
Total Equity and Debt	16 604 000	11 977 000	9 680 000	13 826 000

Financial indicators	2022	2021	2020	2019
Return on Equity	102,41 %	9,47 %	−28,61 %	41,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,07 %	0,66 %	−0,94 %	3,07 %
Current Ratio	1,09	1,25	1,24	1,21
Quick Ratio	1,5	1,92	2,17	1,74
Equity Ratio	0,1	0,24	0,27	0,24
Gross Profit Margin	46,53 %	50,72 %	48,34 %	47,98 %