TRANSITION ELEMENTS AS

1389 HEGGEDAL

Finances

Share Ownership

Return on Equity

40,17 %

Current Ratio

0,27

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	966 000	863 000	67 000	0
Net Income	−429 000	−189 000	−316 000	−164 000
Total Assets	397 000	203 000	214 000	95 000
Total Equity	−1 068 000	−638 000	−450 000	−134 000

Income (NOK)	2022	2021	2020	2019
Revenue	966 000	863 000	67 000	0
Expenditure	1 389 000	1 052 000	382 000	164 000
Operating Profit	−424 000	−190 000	−315 000	−164 000
Financial Income	0	2 000	0	0
Financial Costs	6 000	1 000	0	0
Financial Balance	−6 000	1 000	0	0
Earnings Before Tax	−429 000	−189 000	−316 000	−164 000
Tax	0	0	0	0
Net Income	−429 000	−189 000	−316 000	−164 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	9 000	12 000	18 000
Total Current Assets	391 000	194 000	202 000	78 000
Total Assets	397 000	203 000	214 000	95 000
Total Retained Equity	−1 098 000	−668 000	−480 000	−164 000
Total Equity	−1 068 000	−638 000	−450 000	−134 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 465 000	841 000	663 000	229 000
Total Equity and Debt	397 000	203 000	214 000	95 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	966 000	794 000	0	0
Other Income	0	69 000	67 000	0
Revenue	966 000	863 000	67 000	0
Cost of Goods Sold	541 000	49 000	22 000	0
Salary Costs	533 000	437 000	123 000	19 000
Depreciation	3 000	4 000	5 000	8 000
Impairment	0	0	0	0
Expenditure	1 389 000	1 052 000	382 000	164 000
Operating Profit	−424 000	−190 000	−315 000	−164 000
Financial Income	0	2 000	0	0
Financial Costs	6 000	1 000	0	0
Financial Balance	−6 000	1 000	0	0
Dividends	0	0	0	0
Net Income	−429 000	−189 000	−316 000	−164 000

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	6 000	9 000	12 000	18 000
Total Tangible Assets	6 000	9 000	12 000	18 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 000	9 000	12 000	18 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	205 000	43 000	192 000	78 000
Total Current Assets	391 000	194 000	202 000	78 000
Total Assets	397 000	203 000	214 000	95 000
Total Equity	−1 068 000	−638 000	−450 000	−134 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	195 000	18 000	3 000	10 000
Unpaid Taxes	30 000	11 000	21 000	0
Dividends	0	0	0	0
Other Current Debt	1 240 000	813 000	640 000	219 000
Total Current Debt	1 465 000	841 000	663 000	229 000
Total Equity and Debt	397 000	203 000	214 000	95 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,17 %	29,62 %	70,22 %	122,39 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−43,89 %	−22,02 %	−470,15 %	-
Current Ratio	0,27	0,23	0,3	0,34
Quick Ratio	0,27	0,23	0,3	0,34
Equity Ratio	−2,69	−3,14	−2,1	−1,41
Gross Profit Margin	44 %	94,32 %	67,16 %	-