INDIAN HERITAGE AS

0751 OSLO

Finances

Share Ownership

Return on Equity

139,57 %

Current Ratio

0,68

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019
Revenue	7 861 000	961 000	0
Net Income	515 000	−445 000	−1 000
Total Assets	2 286 000	1 625 000	248 000
Total Equity	369 000	−146 000	299 000

Income (NOK)	2021	2020	2019
Revenue	7 861 000	961 000	0
Expenditure	7 325 000	1 405 000	1 000
Operating Profit	535 000	−445 000	−1 000
Financial Income	1 000	0	0
Financial Costs	1 000	0	0
Financial Balance	0	0	0
Earnings Before Tax	534 000	−445 000	−1 000
Tax	20 000	0	0
Net Income	515 000	−445 000	−1 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	982 000	1 079 000	0
Total Current Assets	1 304 000	546 000	248 000
Total Assets	2 286 000	1 625 000	248 000
Total Retained Equity	69 000	−446 000	−1 000
Total Equity	369 000	−146 000	299 000
Total Long-Term Debt	0	0	0
Total Current Debt	1 917 000	1 770 000	−51 000
Total Equity and Debt	2 286 000	1 625 000	248 000

Cash flow (NOK)	2021	2020	2019
Sales Income	7 741 000	961 000	0
Other Income	120 000	0	0
Revenue	7 861 000	961 000	0
Cost of Goods Sold	2 137 000	478 000	0
Salary Costs	3 526 000	176 000	0
Depreciation	97 000	121 000	0
Impairment	0	0	0
Expenditure	7 325 000	1 405 000	1 000
Operating Profit	535 000	−445 000	−1 000
Financial Income	1 000	0	0
Financial Costs	1 000	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	515 000	−445 000	−1 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	388 000	485 000	0
Total Tangible Assets	388 000	485 000	0
Total Fiancial Fixed Assets	594 000	594 000	0
Total Fixed Assets	982 000	1 079 000	0
Stock	13 000	0	0
Total Investments	0	0	0
Cash, Bank	1 291 000	385 000	248 000
Total Current Assets	1 304 000	546 000	248 000
Total Assets	2 286 000	1 625 000	248 000
Total Equity	369 000	−146 000	299 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	53 000	34 000	0
Unpaid Taxes	433 000	32 000	0
Dividends	0	0	0
Other Current Debt	1 412 000	1 704 000	−51 000
Total Current Debt	1 917 000	1 770 000	−51 000
Total Equity and Debt	2 286 000	1 625 000	248 000

Financial indicators	2021	2020	2019
Return on Equity	139,57 %	304,79 %	−0,33 %
Debt-to-Equity Ratio	0	−0	0
Operating Profit Margin	6,81 %	−46,31 %	-
Current Ratio	0,68	0,31	−4,86
Quick Ratio	0,68	0,31	−4,86
Equity Ratio	0,16	−0,09	1,21
Gross Profit Margin	72,82 %	50,26 %	-