HEIMBRENT AS

9107 KVALØYA

Finances

Share Ownership

Return on Equity

36,1 %

Current Ratio

4,36

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020
Revenue	926 000	696 000	271 000
Net Income	174 000	163 000	45 000
Total Assets	610 000	419 000	181 000
Total Equity	482 000	308 000	145 000

Income (NOK)	2022	2021	2020
Revenue	926 000	696 000	271 000
Expenditure	689 000	488 000	212 000
Operating Profit	237 000	209 000	59 000
Financial Income	0	1 000	0
Financial Costs	2 000	2 000	1 000
Financial Balance	−2 000	−1 000	−1 000
Earnings Before Tax	235 000	208 000	58 000
Tax	61 000	46 000	13 000
Net Income	174 000	163 000	45 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	65 000	86 000	71 000
Total Current Assets	545 000	333 000	111 000
Total Assets	610 000	419 000	181 000
Total Retained Equity	382 000	208 000	45 000
Total Equity	482 000	308 000	145 000
Total Long-Term Debt	3 000	4 000	4 000
Total Current Debt	125 000	107 000	32 000
Total Equity and Debt	610 000	419 000	181 000

Cash flow (NOK)	2022	2021	2020
Sales Income	926 000	696 000	271 000
Other Income	0	0	0
Revenue	926 000	696 000	271 000
Cost of Goods Sold	405 000	335 000	164 000
Salary Costs	20 000	0	0
Depreciation	21 000	17 000	1 000
Impairment	0	0	0
Expenditure	689 000	488 000	212 000
Operating Profit	237 000	209 000	59 000
Financial Income	0	1 000	0
Financial Costs	2 000	2 000	1 000
Financial Balance	−2 000	−1 000	−1 000
Dividends	0	0	0
Net Income	174 000	163 000	45 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	65 000	86 000	71 000
Fixtures	0	0	0
Total Tangible Assets	65 000	86 000	71 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	65 000	86 000	71 000
Stock	236 000	208 000	47 000
Total Investments	0	0	0
Cash, Bank	246 000	90 000	10 000
Total Current Assets	545 000	333 000	111 000
Total Assets	610 000	419 000	181 000
Total Equity	482 000	308 000	145 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 000	4 000	4 000
Creditors	29 000	21 000	2 000
Unpaid Taxes	33 000	38 000	7 000
Dividends	0	0	0
Other Current Debt	0	2 000	14 000
Total Current Debt	125 000	107 000	32 000
Total Equity and Debt	610 000	419 000	181 000

Financial indicators	2022	2021	2020
Return on Equity	36,1 %	52,92 %	31,03 %
Debt-to-Equity Ratio	0,01	0,01	0,03
Operating Profit Margin	25,59 %	30,03 %	21,77 %
Current Ratio	4,36	3,11	3,47
Quick Ratio	−4,91	−3,3	−7,4
Equity Ratio	0,79	0,74	0,8
Gross Profit Margin	56,26 %	51,87 %	39,48 %