HEDDAL BRØNNBORING AS

3677 NOTODDEN

Finances

Share Ownership

Return on Equity

126,98 %

Current Ratio

0,48

Debt-to-Equity Ratio

−0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 902 000	4 330 000	5 136 000	2 889 000
Net Income	−466 000	−16 000	−88 000	17 000
Total Assets	415 000	2 612 000	2 207 000	2 202 000
Total Equity	−367 000	99 000	115 000	203 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 902 000	4 330 000	5 136 000	2 889 000
Expenditure	3 366 000	4 343 000	5 220 000	2 866 000
Operating Profit	−463 000	−13 000	−84 000	24 000
Financial Income	0	0	0	0
Financial Costs	3 000	3 000	4 000	1 000
Financial Balance	−3 000	−3 000	−4 000	−1 000
Earnings Before Tax	−466 000	−16 000	−88 000	23 000
Tax	0	0	0	6 000
Net Income	−466 000	−16 000	−88 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 000	1 808 000	1 811 000	1 824 000
Total Current Assets	363 000	804 000	395 000	378 000
Total Assets	415 000	2 612 000	2 207 000	2 202 000
Total Retained Equity	−397 000	69 000	85 000	172 000
Total Equity	−367 000	99 000	115 000	203 000
Total Long-Term Debt	21 000	1 224 000	940 000	1 678 000
Total Current Debt	761 000	1 288 000	1 152 000	324 000
Total Equity and Debt	415 000	2 612 000	2 207 000	2 204 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 902 000	4 330 000	5 136 000	2 889 000
Other Income	0	0	0	0
Revenue	2 902 000	4 330 000	5 136 000	2 889 000
Cost of Goods Sold	1 246 000	2 077 000	2 822 000	785 000
Salary Costs	228 000	70 000	376 000	366 000
Depreciation	11 000	4 000	12 000	5 000
Impairment	0	0	0	0
Expenditure	3 366 000	4 343 000	5 220 000	2 866 000
Operating Profit	−463 000	−13 000	−84 000	24 000
Financial Income	0	0	0	0
Financial Costs	3 000	3 000	4 000	1 000
Financial Balance	−3 000	−3 000	−4 000	−1 000
Dividends	0	0	0	0
Net Income	−466 000	−16 000	−88 000	17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	1 780 000	1 780 000	1 780 000
Machinery and Plant Facilities	19 000	27 000	30 000	34 000
Fixtures	32 000	1 000	1 000	9 000
Total Tangible Assets	52 000	1 808 000	1 811 000	1 824 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	52 000	1 808 000	1 811 000	1 824 000
Stock	0	0	0	324 000
Total Investments	0	0	0	0
Cash, Bank	66 000	111 000	4 000	0
Total Current Assets	363 000	804 000	395 000	378 000
Total Assets	415 000	2 612 000	2 207 000	2 202 000
Total Equity	−367 000	99 000	115 000	203 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 000	1 224 000	940 000	1 678 000
Creditors	331 000	147 000	95 000	165 000
Unpaid Taxes	77 000	20 000	11 000	54 000
Dividends	0	0	0	0
Other Current Debt	352 000	1 085 000	1 046 000	100 000
Total Current Debt	761 000	1 288 000	1 152 000	324 000
Total Equity and Debt	415 000	2 612 000	2 207 000	2 204 000

Financial indicators	2022	2021	2020	2019
Return on Equity	126,98 %	−16,16 %	−76,52 %	8,37 %
Debt-to-Equity Ratio	−0,06	12,36	8,17	8,27
Operating Profit Margin	−15,95 %	−0,3 %	−1,64 %	0,83 %
Current Ratio	0,48	0,62	0,34	1,17
Quick Ratio	0,48	0,62	0,34	-
Equity Ratio	−0,88	0,04	0,05	0,09
Gross Profit Margin	57,06 %	52,03 %	45,05 %	72,83 %