HEURETES AS

1553 SON

Finances

Share Ownership

Return on Equity

32,3 %

Current Ratio

4,52

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 482 000	1 318 000	1 416 000	963 000
Net Income	335 000	215 000	172 000	−53 000
Total Assets	2 043 000	1 794 000	1 533 000	1 902 000
Total Equity	1 037 000	702 000	486 000	315 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 482 000	1 318 000	1 416 000	963 000
Expenditure	1 052 000	1 041 000	1 210 000	1 017 000
Operating Profit	430 000	276 000	205 000	−53 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	430 000	276 000	205 000	−53 000
Tax	95 000	61 000	34 000	0
Net Income	335 000	215 000	172 000	−53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	654 000	736 000	766 000	0
Total Current Assets	1 389 000	1 059 000	768 000	1 902 000
Total Assets	2 043 000	1 794 000	1 533 000	1 902 000
Total Retained Equity	1 020 000	685 000	470 000	298 000
Total Equity	1 037 000	702 000	486 000	315 000
Total Long-Term Debt	699 000	855 000	834 000	0
Total Current Debt	307 000	237 000	213 000	1 587 000
Total Equity and Debt	2 043 000	1 794 000	1 533 000	1 902 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 482 000	1 318 000	1 416 000	963 000
Other Income	0	0	0	0
Revenue	1 482 000	1 318 000	1 416 000	963 000
Cost of Goods Sold	22 000	4 000	10 000	56 000
Salary Costs	886 000	882 000	1 127 000	806 000
Depreciation	82 000	80 000	26 000	0
Impairment	0	0	0	0
Expenditure	1 052 000	1 041 000	1 210 000	1 017 000
Operating Profit	430 000	276 000	205 000	−53 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	1 400 000
Net Income	335 000	215 000	172 000	−53 000

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	654 000	736 000	766 000	0
Total Tangible Assets	654 000	736 000	766 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	654 000	736 000	766 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 261 000	987 000	662 000	1 772 000
Total Current Assets	1 389 000	1 059 000	768 000	1 902 000
Total Assets	2 043 000	1 794 000	1 533 000	1 902 000
Total Equity	1 037 000	702 000	486 000	315 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	699 000	855 000	834 000	0
Creditors	7 000	0	8 000	5 000
Unpaid Taxes	122 000	127 000	113 000	117 000
Dividends	0	0	0	1 400 000
Other Current Debt	86 000	71 000	92 000	65 000
Total Current Debt	307 000	237 000	213 000	1 587 000
Total Equity and Debt	2 043 000	1 794 000	1 533 000	1 902 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,3 %	30,63 %	35,39 %	−16,83 %
Debt-to-Equity Ratio	0,67	1,22	1,72	0
Operating Profit Margin	29,01 %	20,94 %	14,48 %	−5,5 %
Current Ratio	4,52	4,47	3,61	1,2
Quick Ratio	4,52	4,47	3,61	1,2
Equity Ratio	0,51	0,39	0,32	0,17
Gross Profit Margin	98,52 %	99,7 %	99,29 %	94,18 %