HEI FREDAG AS

6887 LÆRDAL

Finances

Return on Equity

110,16 %

Current Ratio

0,41

Debt-to-Equity Ratio

−0,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 902 000	4 776 000	3 565 000	1 076 000
Net Income	−564 000	−19 000	10 000	−2 000
Total Assets	240 000	793 000	586 000	252 000
Total Equity	−512 000	53 000	71 000	32 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 902 000	4 776 000	3 565 000	1 076 000
Expenditure	2 446 000	4 757 000	3 552 000	1 077 000
Operating Profit	−545 000	19 000	13 000	−2 000
Financial Income	1 000	0	0	0
Financial Costs	20 000	24 000	0	0
Financial Balance	−19 000	−24 000	0	0
Earnings Before Tax	−564 000	−5 000	12 000	−2 000
Tax	0	13 000	3 000	0
Net Income	−564 000	−19 000	10 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	100 000	100 000	0	0
Total Current Assets	140 000	693 000	586 000	252 000
Total Assets	240 000	793 000	586 000	252 000
Total Retained Equity	−542 000	23 000	41 000	2 000
Total Equity	−512 000	53 000	71 000	32 000
Total Long-Term Debt	410 000	150 000	50 000	50 000
Total Current Debt	342 000	590 000	465 000	171 000
Total Equity and Debt	240 000	793 000	586 000	252 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 817 000	4 765 000	3 514 000	1 129 000
Other Income	85 000	11 000	51 000	−54 000
Revenue	1 902 000	4 776 000	3 565 000	1 076 000
Cost of Goods Sold	1 563 000	2 481 000	1 888 000	514 000
Salary Costs	599 000	1 446 000	1 054 000	262 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 446 000	4 757 000	3 552 000	1 077 000
Operating Profit	−545 000	19 000	13 000	−2 000
Financial Income	1 000	0	0	0
Financial Costs	20 000	24 000	0	0
Financial Balance	−19 000	−24 000	0	0
Dividends	0	0	0	0
Net Income	−564 000	−19 000	10 000	−2 000

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	100 000	100 000	0	0
Total Fixed Assets	100 000	100 000	0	0
Stock	55 000	518 000	269 000	103 000
Total Investments	0	0	0	0
Cash, Bank	0	189 000	317 000	141 000
Total Current Assets	140 000	693 000	586 000	252 000
Total Assets	240 000	793 000	586 000	252 000
Total Equity	−512 000	53 000	71 000	32 000
Short-Term Group Debt	45 000	0	0	0
Total Long-Term Debt	410 000	150 000	50 000	50 000
Creditors	146 000	229 000	0	34 000
Unpaid Taxes	19 000	116 000	259 000	84 000
Dividends	0	0	0	0
Other Current Debt	123 000	232 000	212 000	49 000
Total Current Debt	342 000	590 000	465 000	171 000
Total Equity and Debt	240 000	793 000	586 000	252 000

Financial indicators	2022	2021	2020	2019
Return on Equity	110,16 %	−35,85 %	14,08 %	−6,25 %
Debt-to-Equity Ratio	−0,8	2,83	0,7	1,56
Operating Profit Margin	−28,65 %	0,4 %	0,36 %	−0,19 %
Current Ratio	0,41	1,17	1,26	1,47
Quick Ratio	0,49	9,63	2,99	3,71
Equity Ratio	−2,13	0,07	0,12	0,13
Gross Profit Margin	17,82 %	48,05 %	47,04 %	52,23 %