HEGGEMSELVA MIKROKRAFTVERK AS

6643 BØFJORDEN

Finances

Share Ownership

Return on Equity

48,39 %

Current Ratio

0,7

Debt-to-Equity Ratio

9,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	191 000	237 000	146 000	175 000
Net Income	60 000	27 000	16 000	42 000
Total Assets	1 477 000	1 483 000	1 568 000	1 528 000
Total Equity	124 000	64 000	37 000	21 000

Income (NOK)	2022	2021	2020	2019
Revenue	191 000	237 000	146 000	175 000
Expenditure	70 000	164 000	76 000	71 000
Operating Profit	121 000	72 000	69 000	103 000
Financial Income	0	0	0	0
Financial Costs	45 000	37 000	50 000	62 000
Financial Balance	−45 000	−37 000	−50 000	−62 000
Earnings Before Tax	76 000	36 000	19 000	42 000
Tax	16 000	9 000	4 000	0
Net Income	60 000	27 000	16 000	42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 353 000	1 385 000	1 418 000	1 356 000
Total Current Assets	124 000	98 000	150 000	172 000
Total Assets	1 477 000	1 483 000	1 568 000	1 528 000
Total Retained Equity	94 000	34 000	7 000	−9 000
Total Equity	124 000	64 000	37 000	21 000
Total Long-Term Debt	1 175 000	1 259 000	1 294 000	1 372 000
Total Current Debt	178 000	161 000	237 000	135 000
Total Equity and Debt	1 477 000	1 483 000	1 568 000	1 528 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	189 000	231 000	146 000	175 000
Other Income	3 000	6 000	0	0
Revenue	191 000	237 000	146 000	175 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	32 000	32 000	32 000	25 000
Impairment	0	0	0	0
Expenditure	70 000	164 000	76 000	71 000
Operating Profit	121 000	72 000	69 000	103 000
Financial Income	0	0	0	0
Financial Costs	45 000	37 000	50 000	62 000
Financial Balance	−45 000	−37 000	−50 000	−62 000
Dividends	0	0	0	0
Net Income	60 000	27 000	16 000	42 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 077 000	1 102 000	1 126 000	1 151 000
Machinery and Plant Facilities	276 000	284 000	291 000	205 000
Fixtures	0	0	0	0
Total Tangible Assets	1 353 000	1 385 000	1 418 000	1 356 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 353 000	1 385 000	1 418 000	1 356 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 000	11 000	121 000	112 000
Total Current Assets	124 000	98 000	150 000	172 000
Total Assets	1 477 000	1 483 000	1 568 000	1 528 000
Total Equity	124 000	64 000	37 000	21 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 175 000	1 259 000	1 294 000	1 372 000
Creditors	6 000	1 000	113 000	0
Unpaid Taxes	41 000	27 000	3 000	15 000
Dividends	0	0	0	0
Other Current Debt	120 000	120 000	120 000	120 000
Total Current Debt	178 000	161 000	237 000	135 000
Total Equity and Debt	1 477 000	1 483 000	1 568 000	1 528 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,39 %	42,19 %	43,24 %	200 %
Debt-to-Equity Ratio	9,48	19,67	34,97	65,33
Operating Profit Margin	63,35 %	30,38 %	47,26 %	58,86 %
Current Ratio	0,7	0,61	0,63	1,27
Quick Ratio	0,7	0,61	0,63	1,27
Equity Ratio	0,08	0,04	0,02	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %