HEDDAN HOLDING AS

7080 HEIMDAL

Finances

Return on Equity

1,39 %

Current Ratio

136

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 000	15 000	0	0
Net Income	5 000	243 000	−8 000	98 000
Total Assets	363 000	356 000	113 000	213 000
Total Equity	361 000	355 000	113 000	121 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 000	15 000	0	0
Expenditure	8 000	14 000	11 000	13 000
Operating Profit	7 000	1 000	−11 000	−13 000
Financial Income	0	250 000	0	110 000
Financial Costs	0	0	1 000	1 000
Financial Balance	0	250 000	−1 000	109 000
Earnings Before Tax	7 000	251 000	−12 000	96 000
Tax	2 000	8 000	−3 000	−2 000
Net Income	5 000	243 000	−8 000	98 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	90 000	0	98 000	95 000
Total Current Assets	272 000	356 000	15 000	118 000
Total Assets	363 000	356 000	113 000	213 000
Total Retained Equity	331 000	334 000	91 000	100 000
Total Equity	361 000	355 000	113 000	121 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 000	1 000	1 000	92 000
Total Equity and Debt	363 000	356 000	113 000	213 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	15 000	0	0
Other Income	15 000	0	0	0
Revenue	15 000	15 000	0	0
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	8 000	14 000	11 000	13 000
Operating Profit	7 000	1 000	−11 000	−13 000
Financial Income	0	250 000	0	110 000
Financial Costs	0	0	1 000	1 000
Financial Balance	0	250 000	−1 000	109 000
Dividends	0	0	0	0
Net Income	5 000	243 000	−8 000	98 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	8 000	4 000
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	90 000	0	90 000	90 000
Total Fixed Assets	90 000	0	98 000	95 000
Stock	0	0	0	0
Total Investments	0	90 000	0	0
Cash, Bank	257 000	15 000	15 000	8 000
Total Current Assets	272 000	356 000	15 000	118 000
Total Assets	363 000	356 000	113 000	213 000
Total Equity	361 000	355 000	113 000	121 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	1 000	1 000	92 000
Total Current Debt	2 000	1 000	1 000	92 000
Total Equity and Debt	363 000	356 000	113 000	213 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,39 %	68,45 %	−7,08 %	80,99 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	46,67 %	6,67 %	-	-
Current Ratio	136	356	15	1,28
Quick Ratio	136	356	15	1,28
Equity Ratio	0,99	1	1	0,57
Gross Profit Margin	100 %	100 %	-	-