HEIMDALL POWER AS

0166 OSLO

Finances

Share Ownership

Return on Equity

−37,16 %

Current Ratio

1,61

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 098 000	7 731 000	723 000	660 000
Net Income	−51 878 000	−37 366 000	−11 151 000	−7 999 000
Total Assets	175 008 000	222 044 000	95 702 000	51 985 000
Total Equity	139 622 000	187 520 000	69 066 000	39 058 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 098 000	7 731 000	723 000	660 000
Expenditure	62 054 000	45 577 000	11 916 000	8 378 000
Operating Profit	−52 955 000	−37 846 000	−11 193 000	−7 717 000
Financial Income	1 251 000	571 000	63 000	32 000
Financial Costs	174 000	91 000	21 000	313 000
Financial Balance	1 077 000	480 000	42 000	−281 000
Earnings Before Tax	−51 878 000	−37 366 000	−11 151 000	−7 999 000
Tax	0	0	0	0
Net Income	−51 878 000	−37 366 000	−11 151 000	−7 999 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	138 124 000	120 468 000	45 889 000	32 299 000
Total Current Assets	36 884 000	101 576 000	49 813 000	19 686 000
Total Assets	175 008 000	222 044 000	95 702 000	51 985 000
Total Retained Equity	0	0	−24 457 000	−13 168 000
Total Equity	139 622 000	187 520 000	69 066 000	39 058 000
Total Long-Term Debt	12 412 000	17 804 000	19 753 000	9 804 000
Total Current Debt	22 974 000	16 721 000	6 883 000	3 123 000
Total Equity and Debt	175 008 000	222 044 000	95 702 000	51 985 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 317 000	2 950 000	723 000	660 000
Other Income	4 781 000	4 781 000	0	0
Revenue	9 098 000	7 731 000	723 000	660 000
Cost of Goods Sold	6 317 000	3 034 000	1 787 000	1 073 000
Salary Costs	25 968 000	17 524 000	3 969 000	259 000
Depreciation	12 939 000	12 630 000	74 000	5 000
Impairment	0	0	0	0
Expenditure	62 054 000	45 577 000	11 916 000	8 378 000
Operating Profit	−52 955 000	−37 846 000	−11 193 000	−7 717 000
Financial Income	1 251 000	571 000	63 000	32 000
Financial Costs	174 000	91 000	21 000	313 000
Financial Balance	1 077 000	480 000	42 000	−281 000
Dividends	0	0	0	0
Net Income	−51 878 000	−37 366 000	−11 151 000	−7 999 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	76 427 000	60 066 000	45 708 000	30 717 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 697 000	402 000	181 000	82 000
Total Tangible Assets	1 697 000	402 000	181 000	82 000
Total Fiancial Fixed Assets	60 000 000	60 000 000	0	1 500 000
Total Fixed Assets	138 124 000	120 468 000	45 889 000	32 299 000
Stock	331 000	118 000	0	0
Total Investments	0	0	0	0
Cash, Bank	23 515 000	91 124 000	41 102 000	13 209 000
Total Current Assets	36 884 000	101 576 000	49 813 000	19 686 000
Total Assets	175 008 000	222 044 000	95 702 000	51 985 000
Total Equity	139 622 000	187 520 000	69 066 000	39 058 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 412 000	17 804 000	19 753 000	9 804 000
Creditors	5 021 000	3 599 000	2 304 000	1 585 000
Unpaid Taxes	2 208 000	2 512 000	1 111 000	359 000
Dividends	0	0	0	0
Other Current Debt	6 104 000	5 829 000	3 468 000	1 179 000
Total Current Debt	22 974 000	16 721 000	6 883 000	3 123 000
Total Equity and Debt	175 008 000	222 044 000	95 702 000	51 985 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−37,16 %	−19,93 %	−16,15 %	−20,48 %
Debt-to-Equity Ratio	0,09	0,09	0,29	0,25
Operating Profit Margin	−582,05 %	−489,54 %	−1 548,13 %	−1 169,24 %
Current Ratio	1,61	6,07	7,24	6,3
Quick Ratio	1,63	6,12	7,24	6,3
Equity Ratio	0,8	0,84	0,72	0,75
Gross Profit Margin	30,57 %	60,76 %	−147,16 %	−62,58 %