NORHEAT EIENDOM AS

2383 BRUMUNDDAL

Finances

Share Ownership

Return on Equity

8,74 %

Current Ratio

5,87

Debt-to-Equity Ratio

1,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 176 000	831 000	1 658 000	624 000
Net Income	409 000	−288 000	−525 000	−180 000
Total Assets	11 559 000	11 197 000	12 017 000	6 512 000
Total Equity	4 681 000	4 271 000	4 317 000	4 386 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 176 000	831 000	1 658 000	624 000
Expenditure	373 000	1 091 000	2 232 000	797 000
Operating Profit	803 000	−261 000	−573 000	−172 000
Financial Income	35 000	1 000	1 000	1 000
Financial Costs	313 000	129 000	81 000	59 000
Financial Balance	−278 000	−128 000	−80 000	−58 000
Earnings Before Tax	525 000	−389 000	−654 000	−230 000
Tax	115 000	−101 000	−129 000	−51 000
Net Income	409 000	−288 000	−525 000	−180 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 490 000	10 484 000	10 641 000	5 481 000
Total Current Assets	1 069 000	713 000	1 376 000	1 031 000
Total Assets	11 559 000	11 197 000	12 017 000	6 512 000
Total Retained Equity	149 000	−261 000	28 000	553 000
Total Equity	4 681 000	4 271 000	4 317 000	4 386 000
Total Long-Term Debt	6 696 000	6 631 000	6 751 000	1 770 000
Total Current Debt	182 000	295 000	949 000	356 000
Total Equity and Debt	11 559 000	11 197 000	12 017 000	6 512 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	256 000	938 000	0
Other Income	1 176 000	575 000	720 000	624 000
Revenue	1 176 000	831 000	1 658 000	624 000
Cost of Goods Sold	0	0	0	529 000
Salary Costs	0	0	0	0
Depreciation	204 000	185 000	185 000	185 000
Impairment	0	0	0	0
Expenditure	373 000	1 091 000	2 232 000	797 000
Operating Profit	803 000	−261 000	−573 000	−172 000
Financial Income	35 000	1 000	1 000	1 000
Financial Costs	313 000	129 000	81 000	59 000
Financial Balance	−278 000	−128 000	−80 000	−58 000
Dividends	0	0	0	0
Net Income	409 000	−288 000	−525 000	−180 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	48 000	29 000	0	0
Real Eastate	10 442 000	10 456 000	10 641 000	5 481 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 442 000	10 456 000	10 641 000	5 481 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 490 000	10 484 000	10 641 000	5 481 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	336 000	42 000	47 000	860 000
Total Current Assets	1 069 000	713 000	1 376 000	1 031 000
Total Assets	11 559 000	11 197 000	12 017 000	6 512 000
Total Equity	4 681 000	4 271 000	4 317 000	4 386 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 696 000	6 631 000	6 751 000	1 770 000
Creditors	19 000	122 000	649 000	31 000
Unpaid Taxes	28 000	12 000	0	25 000
Dividends	0	0	0	0
Other Current Debt	0	160 000	300 000	300 000
Total Current Debt	182 000	295 000	949 000	356 000
Total Equity and Debt	11 559 000	11 197 000	12 017 000	6 512 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,74 %	−6,74 %	−12,16 %	−4,1 %
Debt-to-Equity Ratio	1,43	1,55	1,56	0,4
Operating Profit Margin	68,28 %	−31,41 %	−34,56 %	−27,56 %
Current Ratio	5,87	2,42	1,45	2,9
Quick Ratio	5,87	2,42	1,45	2,9
Equity Ratio	0,4	0,38	0,36	0,67
Gross Profit Margin	100 %	100 %	100 %	15,22 %