HEILMAT AS

6884 ØVRE ÅRDAL

Finances

Return on Equity

6 362,5 %

Current Ratio

0,78

Debt-to-Equity Ratio

−58

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 454 000	10 442 000	10 481 000	10 552 000
Net Income	−509 000	277 000	80 000	−305 000
Total Assets	1 632 000	1 944 000	1 841 000	1 899 000
Total Equity	−8 000	501 000	224 000	144 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 454 000	10 442 000	10 481 000	10 552 000
Expenditure	9 936 000	10 115 000	10 362 000	10 810 000
Operating Profit	−482 000	327 000	120 000	−258 000
Financial Income	0	0	0	0
Financial Costs	42 000	32 000	40 000	47 000
Financial Balance	−42 000	−32 000	−40 000	−47 000
Earnings Before Tax	−525 000	295 000	80 000	−305 000
Tax	−15 000	18 000	0	0
Net Income	−509 000	277 000	80 000	−305 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	714 000	864 000	965 000	1 090 000
Total Current Assets	917 000	1 080 000	876 000	810 000
Total Assets	1 632 000	1 944 000	1 841 000	1 899 000
Total Retained Equity	−72 000	437 000	160 000	80 000
Total Equity	−8 000	501 000	224 000	144 000
Total Long-Term Debt	464 000	588 000	680 000	756 000
Total Current Debt	1 176 000	855 000	938 000	999 000
Total Equity and Debt	1 632 000	1 944 000	1 841 000	1 899 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 182 000	10 104 000	10 185 000	10 220 000
Other Income	272 000	338 000	296 000	332 000
Revenue	9 454 000	10 442 000	10 481 000	10 552 000
Cost of Goods Sold	4 671 000	4 413 000	4 988 000	5 682 000
Salary Costs	3 458 000	3 615 000	3 405 000	3 147 000
Depreciation	189 000	197 000	216 000	200 000
Impairment	0	0	0	0
Expenditure	9 936 000	10 115 000	10 362 000	10 810 000
Operating Profit	−482 000	327 000	120 000	−258 000
Financial Income	0	0	0	0
Financial Costs	42 000	32 000	40 000	47 000
Financial Balance	−42 000	−32 000	−40 000	−47 000
Dividends	0	0	0	0
Net Income	−509 000	277 000	80 000	−305 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	699 000	864 000	965 000	1 090 000
Total Tangible Assets	699 000	864 000	965 000	1 090 000
Total Fiancial Fixed Assets	15 000	0	0	0
Total Fixed Assets	714 000	864 000	965 000	1 090 000
Stock	181 000	333 000	211 000	188 000
Total Investments	0	0	0	0
Cash, Bank	84 000	139 000	81 000	119 000
Total Current Assets	917 000	1 080 000	876 000	810 000
Total Assets	1 632 000	1 944 000	1 841 000	1 899 000
Total Equity	−8 000	501 000	224 000	144 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	464 000	588 000	680 000	756 000
Creditors	145 000	195 000	156 000	161 000
Unpaid Taxes	179 000	179 000	242 000	159 000
Dividends	0	0	0	0
Other Current Debt	367 000	435 000	439 000	416 000
Total Current Debt	1 176 000	855 000	938 000	999 000
Total Equity and Debt	1 632 000	1 944 000	1 841 000	1 899 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6 362,5 %	55,29 %	35,71 %	−211,81 %
Debt-to-Equity Ratio	−58	1,17	3,04	5,25
Operating Profit Margin	−5,1 %	3,13 %	1,14 %	−2,45 %
Current Ratio	0,78	1,26	0,93	0,81
Quick Ratio	0,92	2,07	1,2	1
Equity Ratio	−0	0,26	0,12	0,08
Gross Profit Margin	50,59 %	57,74 %	52,41 %	46,15 %