HEV NIVÅET AS

3611 KONGSBERG

Finances

Share Ownership

Return on Equity

14,68 %

Current Ratio

1,3

Debt-to-Equity Ratio

3,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 405 000	2 302 000	2 324 000	1 904 000
Net Income	37 000	−243 000	159 000	70 000
Total Assets	1 482 000	1 617 000	1 915 000	2 078 000
Total Equity	252 000	215 000	458 000	299 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 405 000	2 302 000	2 324 000	1 904 000
Expenditure	2 386 000	2 399 000	2 064 000	1 761 000
Operating Profit	19 000	−97 000	260 000	142 000
Financial Income	0	0	0	0
Financial Costs	16 000	65 000	88 000	72 000
Financial Balance	−16 000	−65 000	−88 000	−72 000
Earnings Before Tax	2 000	−162 000	172 000	70 000
Tax	−34 000	80 000	13 000	0
Net Income	37 000	−243 000	159 000	70 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 033 000	1 238 000	1 455 000	1 671 000
Total Current Assets	449 000	379 000	460 000	407 000
Total Assets	1 482 000	1 617 000	1 915 000	2 078 000
Total Retained Equity	222 000	185 000	428 000	269 000
Total Equity	252 000	215 000	458 000	299 000
Total Long-Term Debt	884 000	1 004 000	1 095 000	1 413 000
Total Current Debt	345 000	398 000	361 000	366 000
Total Equity and Debt	1 482 000	1 617 000	1 915 000	2 078 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 407 000	2 127 000	2 166 000	1 903 000
Other Income	−2 000	175 000	158 000	1 000
Revenue	2 405 000	2 302 000	2 324 000	1 904 000
Cost of Goods Sold	91 000	74 000	92 000	29 000
Salary Costs	1 089 000	1 061 000	792 000	876 000
Depreciation	216 000	216 000	216 000	215 000
Impairment	0	0	0	0
Expenditure	2 386 000	2 399 000	2 064 000	1 761 000
Operating Profit	19 000	−97 000	260 000	142 000
Financial Income	0	0	0	0
Financial Costs	16 000	65 000	88 000	72 000
Financial Balance	−16 000	−65 000	−88 000	−72 000
Dividends	0	0	0	0
Net Income	37 000	−243 000	159 000	70 000

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	1 033 000	1 238 000	1 455 000	1 671 000
Fixtures	0	0	0	0
Total Tangible Assets	1 033 000	1 238 000	1 455 000	1 671 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 033 000	1 238 000	1 455 000	1 671 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	356 000	300 000	381 000	343 000
Total Current Assets	449 000	379 000	460 000	407 000
Total Assets	1 482 000	1 617 000	1 915 000	2 078 000
Total Equity	252 000	215 000	458 000	299 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	884 000	1 004 000	1 095 000	1 413 000
Creditors	164 000	209 000	185 000	209 000
Unpaid Taxes	64 000	68 000	57 000	55 000
Dividends	0	0	0	0
Other Current Debt	118 000	121 000	106 000	102 000
Total Current Debt	345 000	398 000	361 000	366 000
Total Equity and Debt	1 482 000	1 617 000	1 915 000	2 078 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,68 %	−113,02 %	34,72 %	23,41 %
Debt-to-Equity Ratio	3,51	4,67	2,39	4,73
Operating Profit Margin	0,79 %	−4,21 %	11,19 %	7,46 %
Current Ratio	1,3	0,95	1,27	1,11
Quick Ratio	1,3	0,95	1,27	1,11
Equity Ratio	0,17	0,13	0,24	0,14
Gross Profit Margin	96,22 %	96,79 %	96,04 %	98,48 %