HEIDALSVEGEN EIENDOM AS

2677 NEDRE HEIDAL

Finances

Share Ownership

Return on Equity

20,13 %

Current Ratio

4,96

Debt-to-Equity Ratio

−2,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	129 000	426 000	89 000	63 000
Net Income	−515 000	−182 000	−758 000	−1 475 000
Total Assets	3 936 000	4 683 000	4 685 000	5 346 000
Total Equity	−2 559 000	−2 044 000	−1 863 000	−1 105 000

Income (NOK)	2022	2021	2020	2019
Revenue	129 000	426 000	89 000	63 000
Expenditure	476 000	500 000	709 000	1 414 000
Operating Profit	−347 000	−74 000	−621 000	−1 351 000
Financial Income	5 000	5 000	5 000	0
Financial Costs	172 000	113 000	142 000	124 000
Financial Balance	−167 000	−108 000	−137 000	−124 000
Earnings Before Tax	−515 000	−182 000	−758 000	−1 475 000
Tax	0	0	0	0
Net Income	−515 000	−182 000	−758 000	−1 475 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 806 000	4 049 000	4 313 000	4 423 000
Total Current Assets	129 000	634 000	372 000	923 000
Total Assets	3 936 000	4 683 000	4 685 000	5 346 000
Total Retained Equity	−2 659 000	−2 144 000	−1 963 000	−1 720 000
Total Equity	−2 559 000	−2 044 000	−1 863 000	−1 105 000
Total Long-Term Debt	6 469 000	6 646 000	6 534 000	6 395 000
Total Current Debt	26 000	81 000	14 000	56 000
Total Equity and Debt	3 936 000	4 683 000	4 685 000	5 346 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	295 000	38 000	0
Other Income	129 000	131 000	50 000	63 000
Revenue	129 000	426 000	89 000	63 000
Cost of Goods Sold	0	1 000	6 000	0
Salary Costs	0	0	1 000	0
Depreciation	242 000	265 000	290 000	167 000
Impairment	0	0	0	0
Expenditure	476 000	500 000	709 000	1 414 000
Operating Profit	−347 000	−74 000	−621 000	−1 351 000
Financial Income	5 000	5 000	5 000	0
Financial Costs	172 000	113 000	142 000	124 000
Financial Balance	−167 000	−108 000	−137 000	−124 000
Dividends	0	0	0	0
Net Income	−515 000	−182 000	−758 000	−1 475 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 806 000	4 049 000	4 313 000	4 423 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 806 000	4 049 000	4 313 000	4 423 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 806 000	4 049 000	4 313 000	4 423 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	47 000	292 000	341 000	136 000
Total Current Assets	129 000	634 000	372 000	923 000
Total Assets	3 936 000	4 683 000	4 685 000	5 346 000
Total Equity	−2 559 000	−2 044 000	−1 863 000	−1 105 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 469 000	6 646 000	6 534 000	6 395 000
Creditors	19 000	81 000	12 000	50 000
Unpaid Taxes	4 000	0	2 000	0
Dividends	0	0	0	0
Other Current Debt	3 000	0	0	6 000
Total Current Debt	26 000	81 000	14 000	56 000
Total Equity and Debt	3 936 000	4 683 000	4 685 000	5 346 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,13 %	8,9 %	40,69 %	133,48 %
Debt-to-Equity Ratio	−2,53	−3,25	−3,51	−5,79
Operating Profit Margin	−268,99 %	−17,37 %	−697,75 %	−2 144,44 %
Current Ratio	4,96	7,83	26,57	16,48
Quick Ratio	4,96	7,83	26,57	16,48
Equity Ratio	−0,65	−0,44	−0,4	−0,21
Gross Profit Margin	100 %	99,77 %	93,26 %	100 %