HEIRO EIENDOM AS

2092 MINNESUND

Finances

Share Ownership

Return on Equity

38,88 %

Current Ratio

0,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	716 000	604 000	438 000	534 000
Net Income	334 000	96 000	155 000	192 000
Total Assets	1 784 000	1 417 000	1 548 000	1 416 000
Total Equity	859 000	525 000	429 000	274 000

Income (NOK)	2022	2021	2020	2019
Revenue	716 000	604 000	438 000	534 000
Expenditure	300 000	483 000	248 000	315 000
Operating Profit	416 000	121 000	190 000	220 000
Financial Income	13 000	2 000	9 000	9 000
Financial Costs	1 000	0	0	0
Financial Balance	12 000	2 000	9 000	9 000
Earnings Before Tax	428 000	123 000	199 000	229 000
Tax	94 000	27 000	44 000	37 000
Net Income	334 000	96 000	155 000	192 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 193 000	1 191 000	1 207 000	1 204 000
Total Current Assets	592 000	226 000	341 000	212 000
Total Assets	1 784 000	1 417 000	1 548 000	1 416 000
Total Retained Equity	759 000	425 000	329 000	174 000
Total Equity	859 000	525 000	429 000	274 000
Total Long-Term Debt	1 000	3 000	6 000	9 000
Total Current Debt	924 000	888 000	1 113 000	1 133 000
Total Equity and Debt	1 784 000	1 417 000	1 548 000	1 416 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	252 000
Other Income	716 000	604 000	438 000	282 000
Revenue	716 000	604 000	438 000	534 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	18 000	16 000	15 000	10 000
Impairment	0	0	0	0
Expenditure	300 000	483 000	248 000	315 000
Operating Profit	416 000	121 000	190 000	220 000
Financial Income	13 000	2 000	9 000	9 000
Financial Costs	1 000	0	0	0
Financial Balance	12 000	2 000	9 000	9 000
Dividends	0	0	0	0
Net Income	334 000	96 000	155 000	192 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 174 000	1 184 000	1 194 000	1 204 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	19 000	7 000	13 000	0
Total Tangible Assets	1 193 000	1 191 000	1 207 000	1 204 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 193 000	1 191 000	1 207 000	1 204 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	499 000	138 000	244 000	103 000
Total Current Assets	592 000	226 000	341 000	212 000
Total Assets	1 784 000	1 417 000	1 548 000	1 416 000
Total Equity	859 000	525 000	429 000	274 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	3 000	6 000	9 000
Creditors	81 000	13 000	98 000	5 000
Unpaid Taxes	12 000	8 000	8 000	10 000
Dividends	0	0	0	0
Other Current Debt	735 000	839 000	959 000	1 081 000
Total Current Debt	924 000	888 000	1 113 000	1 133 000
Total Equity and Debt	1 784 000	1 417 000	1 548 000	1 416 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,88 %	18,29 %	36,13 %	70,07 %
Debt-to-Equity Ratio	0	0,01	0,01	0,03
Operating Profit Margin	58,1 %	20,03 %	43,38 %	41,2 %
Current Ratio	0,64	0,25	0,31	0,19
Quick Ratio	0,64	0,25	0,31	0,19
Equity Ratio	0,48	0,37	0,28	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %