SWEET HEAVEN AS

7072 HEIMDAL

Finances

Share Ownership

Return on Equity

18,26 %

Current Ratio

2,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 192 000	4 044 000	4 318 000	2 565 000
Net Income	124 000	492 000	426 000	207 000
Total Assets	1 323 000	1 587 000	1 280 000	1 060 000
Total Equity	679 000	679 000	727 000	302 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 192 000	4 044 000	4 318 000	2 565 000
Expenditure	3 026 000	3 400 000	3 757 000	2 310 000
Operating Profit	166 000	643 000	561 000	254 000
Financial Income	4 000	0	0	12 000
Financial Costs	12 000	13 000	15 000	2 000
Financial Balance	−8 000	−13 000	−15 000	10 000
Earnings Before Tax	159 000	630 000	546 000	264 000
Tax	35 000	139 000	120 000	57 000
Net Income	124 000	492 000	426 000	207 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	650 000	300 000	0
Total Current Assets	1 323 000	937 000	980 000	1 060 000
Total Assets	1 323 000	1 587 000	1 280 000	1 060 000
Total Retained Equity	579 000	579 000	627 000	202 000
Total Equity	679 000	679 000	727 000	302 000
Total Long-Term Debt	0	0	0	436 000
Total Current Debt	643 000	908 000	553 000	323 000
Total Equity and Debt	1 323 000	1 587 000	1 280 000	1 060 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 192 000	4 044 000	4 296 000	2 565 000
Other Income	0	0	22 000	0
Revenue	3 192 000	4 044 000	4 318 000	2 565 000
Cost of Goods Sold	1 707 000	2 039 000	2 475 000	1 612 000
Salary Costs	585 000	627 000	664 000	373 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 026 000	3 400 000	3 757 000	2 310 000
Operating Profit	166 000	643 000	561 000	254 000
Financial Income	4 000	0	0	12 000
Financial Costs	12 000	13 000	15 000	2 000
Financial Balance	−8 000	−13 000	−15 000	10 000
Dividends	0	0	0	0
Net Income	124 000	492 000	426 000	207 000

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	650 000	300 000	0
Total Fixed Assets	0	650 000	300 000	0
Stock	172 000	225 000	214 000	311 000
Total Investments	0	0	0	0
Cash, Bank	820 000	400 000	634 000	749 000
Total Current Assets	1 323 000	937 000	980 000	1 060 000
Total Assets	1 323 000	1 587 000	1 280 000	1 060 000
Total Equity	679 000	679 000	727 000	302 000
Short-Term Group Debt	409 000	650 000	0	0
Total Long-Term Debt	0	0	0	436 000
Creditors	12 000	27 000	193 000	4 000
Unpaid Taxes	174 000	143 000	194 000	230 000
Dividends	0	0	0	0
Other Current Debt	49 000	59 000	45 000	32 000
Total Current Debt	643 000	908 000	553 000	323 000
Total Equity and Debt	1 323 000	1 587 000	1 280 000	1 060 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,26 %	72,46 %	58,6 %	68,54 %
Debt-to-Equity Ratio	0	0	0	1,44
Operating Profit Margin	5,2 %	15,9 %	12,99 %	9,9 %
Current Ratio	2,06	1,03	1,77	3,28
Quick Ratio	2,81	1,37	2,89	88,33
Equity Ratio	0,51	0,43	0,57	0,28
Gross Profit Margin	46,52 %	49,58 %	42,68 %	37,15 %