HEATCO AUTO-TRONIC AS

0661 OSLO

Finances

Share Ownership

Return on Equity

16,84 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 596 000	1 643 000	1 721 000	1 671 000
Net Income	33 000	−33 000	−4 000	−3 000
Total Assets	1 174 000	679 000	871 000	489 000
Total Equity	196 000	162 000	196 000	200 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 596 000	1 643 000	1 721 000	1 671 000
Expenditure	1 563 000	1 676 000	1 725 000	1 674 000
Operating Profit	33 000	−33 000	−4 000	−3 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	33 000	−33 000	−4 000	−4 000
Tax	0	0	0	0
Net Income	33 000	−33 000	−4 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 174 000	679 000	871 000	489 000
Total Assets	1 174 000	679 000	871 000	489 000
Total Retained Equity	−4 000	−38 000	−4 000	0
Total Equity	196 000	162 000	196 000	200 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	979 000	516 000	676 000	289 000
Total Equity and Debt	1 174 000	679 000	871 000	489 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 596 000	1 643 000	1 721 000	1 671 000
Other Income	0	0	0	0
Revenue	1 596 000	1 643 000	1 721 000	1 671 000
Cost of Goods Sold	294 000	475 000	653 000	518 000
Salary Costs	1 098 000	1 117 000	979 000	1 023 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 563 000	1 676 000	1 725 000	1 674 000
Operating Profit	33 000	−33 000	−4 000	−3 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	33 000	−33 000	−4 000	−3 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	257 000	202 000	108 000	143 000
Total Investments	0	0	0	0
Cash, Bank	124 000	229 000	83 000	16 000
Total Current Assets	1 174 000	679 000	871 000	489 000
Total Assets	1 174 000	679 000	871 000	489 000
Total Equity	196 000	162 000	196 000	200 000
Short-Term Group Debt	618 000	0	427 000	20 000
Total Long-Term Debt	0	0	0	0
Creditors	51 000	53 000	53 000	46 000
Unpaid Taxes	109 000	329 000	73 000	96 000
Dividends	0	0	0	0
Other Current Debt	200 000	135 000	123 000	127 000
Total Current Debt	979 000	516 000	676 000	289 000
Total Equity and Debt	1 174 000	679 000	871 000	489 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,84 %	−20,37 %	−2,04 %	−1,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,07 %	−2,01 %	−0,23 %	−0,18 %
Current Ratio	1,2	1,32	1,29	1,69
Quick Ratio	1,63	2,16	1,53	3,35
Equity Ratio	0,17	0,24	0,23	0,41
Gross Profit Margin	81,58 %	71,09 %	62,06 %	69 %