HEDDALSVEIEN 44 AS

3674 NOTODDEN

Finances

Share Ownership

Return on Equity

15,75 %

Current Ratio

2,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	298 000	305 000	241 000	273 000
Net Income	63 000	194 000	128 000	146 000
Total Assets	580 000	715 000	757 000	709 000
Total Equity	400 000	437 000	443 000	545 000

Income (NOK)	2022	2021	2020	2019
Revenue	298 000	305 000	241 000	273 000
Expenditure	217 000	57 000	74 000	83 000
Operating Profit	81 000	248 000	167 000	189 000
Financial Income	0	0	0	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	2 000
Earnings Before Tax	81 000	248 000	167 000	191 000
Tax	18 000	53 000	39 000	45 000
Net Income	63 000	194 000	128 000	146 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	50 000	50 000	50 000
Total Current Assets	530 000	665 000	707 000	659 000
Total Assets	580 000	715 000	757 000	709 000
Total Retained Equity	300 000	337 000	343 000	445 000
Total Equity	400 000	437 000	443 000	545 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	180 000	278 000	314 000	165 000
Total Equity and Debt	580 000	715 000	757 000	709 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	298 000	305 000	241 000	273 000
Revenue	298 000	305 000	241 000	273 000
Cost of Goods Sold	0	0	0	0
Salary Costs	19 000	15 000	15 000	15 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	217 000	57 000	74 000	83 000
Operating Profit	81 000	248 000	167 000	189 000
Financial Income	0	0	0	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	2 000
Dividends	100 000	200 000	230 000	100 000
Net Income	63 000	194 000	128 000	146 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	50 000	50 000	50 000	50 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	50 000	50 000	50 000	50 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	50 000	50 000	50 000	50 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	497 000	665 000	707 000	622 000
Total Current Assets	530 000	665 000	707 000	659 000
Total Assets	580 000	715 000	757 000	709 000
Total Equity	400 000	437 000	443 000	545 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	46 000	9 000	2 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	100 000	200 000	230 000	100 000
Other Current Debt	116 000	215 000	273 000	117 000
Total Current Debt	180 000	278 000	314 000	165 000
Total Equity and Debt	580 000	715 000	757 000	709 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,75 %	44,39 %	28,89 %	26,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	27,18 %	81,31 %	69,29 %	69,23 %
Current Ratio	2,94	2,39	2,25	3,99
Quick Ratio	2,94	2,39	2,25	3,99
Equity Ratio	0,69	0,61	0,59	0,77
Gross Profit Margin	100 %	100 %	100 %	100 %