HEDDALSVEIEN 15 AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

−56,25 %

Current Ratio

2,08

Debt-to-Equity Ratio

11,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	15 000	3 000
Net Income	−144 000	−97 000	−108 000	−123 000
Total Assets	3 345 000	3 256 000	3 432 000	3 240 000
Total Equity	256 000	256 000	300 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	15 000	3 000
Expenditure	88 000	46 000	56 000	59 000
Operating Profit	−88 000	−46 000	−41 000	−56 000
Financial Income	0	0	0	0
Financial Costs	96 000	78 000	98 000	102 000
Financial Balance	−96 000	−78 000	−98 000	−102 000
Earnings Before Tax	−184 000	−124 000	−139 000	−158 000
Tax	−41 000	−27 000	−31 000	−35 000
Net Income	−144 000	−97 000	−108 000	−123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 159 000	3 092 000	3 092 000	3 076 000
Total Current Assets	185 000	164 000	340 000	165 000
Total Assets	3 345 000	3 256 000	3 432 000	3 240 000
Total Retained Equity	0	0	0	0
Total Equity	256 000	256 000	300 000	100 000
Total Long-Term Debt	3 000 000	0	3 000 000	3 000 000
Total Current Debt	89 000	3 000 000	132 000	140 000
Total Equity and Debt	3 345 000	3 256 000	3 432 000	3 240 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	15 000	3 000
Revenue	0	0	15 000	3 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	88 000	46 000	56 000	59 000
Operating Profit	−88 000	−46 000	−41 000	−56 000
Financial Income	0	0	0	0
Financial Costs	96 000	78 000	98 000	102 000
Financial Balance	−96 000	−78 000	−98 000	−102 000
Dividends	0	0	0	0
Net Income	−144 000	−97 000	−108 000	−123 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 159 000	3 092 000	3 092 000	3 076 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 159 000	3 092 000	3 092 000	3 076 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 159 000	3 092 000	3 092 000	3 076 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	185 000	164 000	340 000	165 000
Total Assets	3 345 000	3 256 000	3 432 000	3 240 000
Total Equity	256 000	256 000	300 000	100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000 000	0	3 000 000	3 000 000
Creditors	1 000	0	0	1 000
Unpaid Taxes	2 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	85 000	3 000 000	132 000	139 000
Total Current Debt	89 000	3 000 000	132 000	140 000
Total Equity and Debt	3 345 000	3 256 000	3 432 000	3 240 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−56,25 %	−37,89 %	−36 %	−123 %
Debt-to-Equity Ratio	11,72	0	10	30
Operating Profit Margin	-	-	−273,33 %	−1 866,67 %
Current Ratio	2,08	0,05	2,58	1,18
Quick Ratio	2,08	0,05	2,58	1,18
Equity Ratio	0,08	0,08	0,09	0,03
Gross Profit Margin	-	-	100 %	100 %