HERITAGE WINES AS

0255 OSLO

Finances

Return on Equity

96,87 %

Current Ratio

1,85

Debt-to-Equity Ratio

7,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 581 000	41 822 000	20 941 000	0
Net Income	1 331 000	1 249 000	−1 124 000	−112 000
Total Assets	25 395 000	23 842 000	16 679 000	71 000
Total Equity	1 374 000	43 000	−1 206 000	−82 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 581 000	41 822 000	20 941 000	0
Expenditure	49 705 000	39 783 000	21 647 000	112 000
Operating Profit	2 875 000	2 040 000	−706 000	−112 000
Financial Income	2 000	199 000	35 000	0
Financial Costs	713 000	744 000	454 000	0
Financial Balance	−711 000	−545 000	−419 000	0
Earnings Before Tax	2 163 000	1 494 000	−1 124 000	−112 000
Tax	833 000	246 000	0	0
Net Income	1 331 000	1 249 000	−1 124 000	−112 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	54 000	54 000	56 000
Total Current Assets	25 341 000	23 788 000	16 625 000	15 000
Total Assets	25 395 000	23 842 000	16 679 000	71 000
Total Retained Equity	1 344 000	13 000	−1 236 000	−112 000
Total Equity	1 374 000	43 000	−1 206 000	−82 000
Total Long-Term Debt	10 323 000	15 326 000	12 151 000	0
Total Current Debt	13 698 000	8 473 000	5 734 000	153 000
Total Equity and Debt	25 395 000	23 842 000	16 679 000	71 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	52 581 000	41 822 000	20 888 000	0
Other Income	0	0	53 000	0
Revenue	52 581 000	41 822 000	20 941 000	0
Cost of Goods Sold	42 768 000	34 014 000	18 395 000	94 000
Salary Costs	2 602 000	2 559 000	2 102 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	49 705 000	39 783 000	21 647 000	112 000
Operating Profit	2 875 000	2 040 000	−706 000	−112 000
Financial Income	2 000	199 000	35 000	0
Financial Costs	713 000	744 000	454 000	0
Financial Balance	−711 000	−545 000	−419 000	0
Dividends	0	0	0	0
Net Income	1 331 000	1 249 000	−1 124 000	−112 000

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	54 000	54 000	54 000	56 000
Total Fixed Assets	54 000	54 000	54 000	56 000
Stock	8 500 000	10 924 000	7 817 000	0
Total Investments	0	0	0	0
Cash, Bank	5 814 000	1 730 000	924 000	15 000
Total Current Assets	25 341 000	23 788 000	16 625 000	15 000
Total Assets	25 395 000	23 842 000	16 679 000	71 000
Total Equity	1 374 000	43 000	−1 206 000	−82 000
Short-Term Group Debt	455 000	455 000	455 000	153 000
Total Long-Term Debt	10 323 000	15 326 000	12 151 000	0
Creditors	3 798 000	3 394 000	2 438 000	0
Unpaid Taxes	7 561 000	2 914 000	1 962 000	0
Dividends	0	0	0	0
Other Current Debt	1 051 000	1 464 000	879 000	0
Total Current Debt	13 698 000	8 473 000	5 734 000	153 000
Total Equity and Debt	25 395 000	23 842 000	16 679 000	71 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,87 %	2 904,65 %	93,2 %	136,59 %
Debt-to-Equity Ratio	7,51	356,42	−10,08	−0
Operating Profit Margin	5,47 %	4,88 %	−3,37 %	-
Current Ratio	1,85	2,81	2,9	0,1
Quick Ratio	4,88	−9,71	−7,98	0,1
Equity Ratio	0,05	0	−0,07	−1,15
Gross Profit Margin	18,66 %	18,67 %	12,16 %	-