HEISTAD UTVIKLING AS

3736 SKIEN

Finances

Return on Equity

−1,37 %

Current Ratio

4,32

Debt-to-Equity Ratio

1,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	275 000	0	0	0
Net Income	−899 000	15 251 000	1 597 000	193 000
Total Assets	142 688 000	68 252 000	54 221 000	47 151 000
Total Equity	65 535 000	66 435 000	51 184 000	43 889 000

Income (NOK)	2022	2021	2020	2019
Revenue	275 000	0	0	0
Expenditure	1 376 000	40 000	99 000	13 000
Operating Profit	−1 101 000	−40 000	−99 000	−13 000
Financial Income	2 540 000	16 896 000	1 722 000	436 000
Financial Costs	2 668 000	1 562 000	26 000	137 000
Financial Balance	−128 000	15 334 000	1 696 000	299 000
Earnings Before Tax	−1 229 000	15 293 000	1 597 000	286 000
Tax	−329 000	42 000	0	93 000
Net Income	−899 000	15 251 000	1 597 000	193 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	133 386 000	30 564 000	42 067 000	12 200 000
Total Current Assets	9 301 000	37 687 000	12 155 000	34 951 000
Total Assets	142 688 000	68 252 000	54 221 000	47 151 000
Total Retained Equity	53 888 000	54 787 000	39 537 000	33 234 000
Total Equity	65 535 000	66 435 000	51 184 000	43 889 000
Total Long-Term Debt	75 000 000	0	0	0
Total Current Debt	2 152 000	1 817 000	3 037 000	3 262 000
Total Equity and Debt	142 688 000	68 252 000	54 221 000	47 151 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	275 000	0	0	0
Other Income	0	0	0	0
Revenue	275 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	1 116 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 376 000	40 000	99 000	13 000
Operating Profit	−1 101 000	−40 000	−99 000	−13 000
Financial Income	2 540 000	16 896 000	1 722 000	436 000
Financial Costs	2 668 000	1 562 000	26 000	137 000
Financial Balance	−128 000	15 334 000	1 696 000	299 000
Dividends	0	0	1 250 000	3 000 000
Net Income	−899 000	15 251 000	1 597 000	193 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	133 386 000	30 564 000	42 067 000	12 200 000
Total Fixed Assets	133 386 000	30 564 000	42 067 000	12 200 000
Stock	0	0	0	0
Total Investments	2 390 000	2 609 000	4 299 000	0
Cash, Bank	4 291 000	35 078 000	7 258 000	34 946 000
Total Current Assets	9 301 000	37 687 000	12 155 000	34 951 000
Total Assets	142 688 000	68 252 000	54 221 000	47 151 000
Total Equity	65 535 000	66 435 000	51 184 000	43 889 000
Short-Term Group Debt	962 000	1 772 000	1 772 000	0
Total Long-Term Debt	75 000 000	0	0	0
Creditors	27 000	0	13 000	0
Unpaid Taxes	200 000	0	0	0
Dividends	0	0	1 250 000	3 000 000
Other Current Debt	963 000	2 000	2 000	169 000
Total Current Debt	2 152 000	1 817 000	3 037 000	3 262 000
Total Equity and Debt	142 688 000	68 252 000	54 221 000	47 151 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,37 %	22,96 %	3,12 %	0,44 %
Debt-to-Equity Ratio	1,14	0	0	0
Operating Profit Margin	−400,36 %	-	-	-
Current Ratio	4,32	20,74	4	10,71
Quick Ratio	4,32	20,74	4	10,71
Equity Ratio	0,46	0,97	0,94	0,93
Gross Profit Margin	100 %	-	-	-