HEAVELOCK SOLUTIONS AS

7050 TRONDHEIM

Finances

Share Ownership

Return on Equity

135,09 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 590 000	2 619 000	614 000	1 110 000
Net Income	1 028 000	996 000	−112 000	120 000
Total Assets	2 986 000	1 840 000	1 125 000	855 000
Total Equity	761 000	1 583 000	557 000	614 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 590 000	2 619 000	614 000	1 110 000
Expenditure	1 314 000	1 415 000	727 000	990 000
Operating Profit	1 276 000	1 204 000	−113 000	120 000
Financial Income	43 000	4 000	2 000	0
Financial Costs	1 000	30 000	1 000	1 000
Financial Balance	42 000	−26 000	1 000	−1 000
Earnings Before Tax	1 318 000	1 179 000	−112 000	120 000
Tax	290 000	183 000	0	0
Net Income	1 028 000	996 000	−112 000	120 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 986 000	1 840 000	1 125 000	855 000
Total Assets	2 986 000	1 840 000	1 125 000	855 000
Total Retained Equity	176 000	998 000	2 000	114 000
Total Equity	761 000	1 583 000	557 000	614 000
Total Long-Term Debt	0	0	0	55 000
Total Current Debt	2 224 000	257 000	568 000	186 000
Total Equity and Debt	2 986 000	1 840 000	1 125 000	855 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 149 000	2 160 000	465 000	760 000
Other Income	441 000	459 000	150 000	350 000
Revenue	2 590 000	2 619 000	614 000	1 110 000
Cost of Goods Sold	0	0	0	0
Salary Costs	108 000	0	272 000	741 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 314 000	1 415 000	727 000	990 000
Operating Profit	1 276 000	1 204 000	−113 000	120 000
Financial Income	43 000	4 000	2 000	0
Financial Costs	1 000	30 000	1 000	1 000
Financial Balance	42 000	−26 000	1 000	−1 000
Dividends	1 850 000	0	0	0
Net Income	1 028 000	996 000	−112 000	120 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 514 000	1 216 000	1 098 000	260 000
Total Current Assets	2 986 000	1 840 000	1 125 000	855 000
Total Assets	2 986 000	1 840 000	1 125 000	855 000
Total Equity	761 000	1 583 000	557 000	614 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	55 000
Creditors	69 000	40 000	85 000	17 000
Unpaid Taxes	0	0	0	59 000
Dividends	1 850 000	0	0	0
Other Current Debt	15 000	34 000	483 000	110 000
Total Current Debt	2 224 000	257 000	568 000	186 000
Total Equity and Debt	2 986 000	1 840 000	1 125 000	855 000

Financial indicators	2022	2021	2020	2019
Return on Equity	135,09 %	62,92 %	−20,11 %	19,54 %
Debt-to-Equity Ratio	0	0	0	0,09
Operating Profit Margin	49,27 %	45,97 %	−18,4 %	10,81 %
Current Ratio	1,34	7,16	1,98	4,6
Quick Ratio	1,34	7,16	1,98	4,6
Equity Ratio	0,25	0,86	0,5	0,72
Gross Profit Margin	100 %	100 %	100 %	100 %