HEGGHEIM IT AS

0572 OSLO

Finances

Return on Equity

33,02 %

Current Ratio

4,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 957 000	1 801 000	1 707 000	1 757 000
Net Income	780 000	729 000	666 000	690 000
Total Assets	2 999 000	2 323 000	1 554 000	1 495 000
Total Equity	2 362 000	1 762 000	1 163 000	496 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 957 000	1 801 000	1 707 000	1 757 000
Expenditure	957 000	865 000	854 000	871 000
Operating Profit	1 001 000	937 000	853 000	886 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	1 001 000	937 000	853 000	885 000
Tax	220 000	208 000	187 000	195 000
Net Income	780 000	729 000	666 000	690 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	67 000	67 000	67 000	74 000
Total Current Assets	2 932 000	2 256 000	1 487 000	1 421 000
Total Assets	2 999 000	2 323 000	1 554 000	1 495 000
Total Retained Equity	2 332 000	1 737 000	1 138 000	472 000
Total Equity	2 362 000	1 762 000	1 163 000	496 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	637 000	562 000	391 000	999 000
Total Equity and Debt	2 999 000	2 323 000	1 554 000	1 495 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 957 000	1 801 000	1 707 000	1 757 000
Other Income	0	0	0	0
Revenue	1 957 000	1 801 000	1 707 000	1 757 000
Cost of Goods Sold	0	0	0	0
Salary Costs	937 000	846 000	827 000	809 000
Depreciation	0	0	7 000	7 000
Impairment	0	0	0	0
Expenditure	957 000	865 000	854 000	871 000
Operating Profit	1 001 000	937 000	853 000	886 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	180 000	130 000	0	600 000
Net Income	780 000	729 000	666 000	690 000

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	7 000
Total Tangible Assets	0	0	0	7 000
Total Fiancial Fixed Assets	67 000	67 000	67 000	67 000
Total Fixed Assets	67 000	67 000	67 000	74 000
Stock	0	0	0	0
Total Investments	1 600 000	1 000 000	400 000	0
Cash, Bank	918 000	813 000	745 000	1 064 000
Total Current Assets	2 932 000	2 256 000	1 487 000	1 421 000
Total Assets	2 999 000	2 323 000	1 554 000	1 495 000
Total Equity	2 362 000	1 762 000	1 163 000	496 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	0	0	0
Unpaid Taxes	136 000	135 000	115 000	117 000
Dividends	180 000	130 000	0	600 000
Other Current Debt	96 000	90 000	89 000	87 000
Total Current Debt	637 000	562 000	391 000	999 000
Total Equity and Debt	2 999 000	2 323 000	1 554 000	1 495 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,02 %	41,37 %	57,27 %	139,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	51,15 %	52,03 %	49,97 %	50,43 %
Current Ratio	4,6	4,01	3,8	1,42
Quick Ratio	4,6	4,01	3,8	1,42
Equity Ratio	0,79	0,76	0,75	0,33
Gross Profit Margin	100 %	100 %	100 %	100 %