HEIA MODS AS

9006 TROMSØ

Finances

Return on Equity

18,37 %

Current Ratio

−15

Debt-to-Equity Ratio

12,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 000	40 000	0	7 000
Net Income	9 000	27 000	−1 000	−55 000
Total Assets	664 000	562 000	428 000	256 000
Total Equity	49 000	40 000	13 000	15 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 000	40 000	0	7 000
Expenditure	42 000	13 000	1 000	62 000
Operating Profit	−16 000	27 000	−1 000	−55 000
Financial Income	25 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	25 000	0	0	0
Earnings Before Tax	9 000	27 000	−1 000	−55 000
Tax	0	0	0	0
Net Income	9 000	27 000	−1 000	−55 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	648 000	448 000	424 000	229 000
Total Current Assets	15 000	114 000	4 000	27 000
Total Assets	664 000	562 000	428 000	256 000
Total Retained Equity	19 000	10 000	−17 000	−15 000
Total Equity	49 000	40 000	13 000	15 000
Total Long-Term Debt	616 000	524 000	406 000	232 000
Total Current Debt	−1 000	−2 000	10 000	10 000
Total Equity and Debt	664 000	562 000	428 000	256 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	40 000	0	0
Other Income	25 000	0	0	7 000
Revenue	25 000	40 000	0	7 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	42 000	13 000	1 000	62 000
Operating Profit	−16 000	27 000	−1 000	−55 000
Financial Income	25 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	25 000	0	0	0
Dividends	0	0	0	0
Net Income	9 000	27 000	−1 000	−55 000

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	648 000	448 000	424 000	229 000
Total Fixed Assets	648 000	448 000	424 000	229 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 000	1 000	4 000	27 000
Total Current Assets	15 000	114 000	4 000	27 000
Total Assets	664 000	562 000	428 000	256 000
Total Equity	49 000	40 000	13 000	15 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	616 000	524 000	406 000	232 000
Creditors	6 000	7 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	−7 000	−9 000	10 000	10 000
Total Current Debt	−1 000	−2 000	10 000	10 000
Total Equity and Debt	664 000	562 000	428 000	256 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,37 %	67,5 %	−7,69 %	−366,67 %
Debt-to-Equity Ratio	12,57	13,1	31,23	15,47
Operating Profit Margin	−64 %	67,5 %	-	−785,71 %
Current Ratio	−15	−57	0,4	2,7
Quick Ratio	−15	−57	0,4	2,7
Equity Ratio	0,07	0,07	0,03	0,06
Gross Profit Margin	100 %	100 %	-	100 %