HEIVANNET UTVIKLING AS

3730 SKIEN

Finances

Share Ownership

Return on Equity

−13,05 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	4 605 000	29 646 000	0
Net Income	−385 000	3 112 000	−265 000
Total Assets	20 655 000	6 606 000	10 099 000
Total Equity	2 950 000	3 336 000	223 000

Income (NOK)	2022	2021	2020
Revenue	4 605 000	29 646 000	0
Expenditure	4 440 000	25 145 000	258 000
Operating Profit	165 000	4 501 000	−258 000
Financial Income	6 000	1 000	0
Financial Costs	664 000	512 000	83 000
Financial Balance	−658 000	−511 000	−83 000
Earnings Before Tax	−493 000	3 990 000	−340 000
Tax	−108 000	878 000	−75 000
Net Income	−385 000	3 112 000	−265 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	130 000	22 000	75 000
Total Current Assets	20 525 000	6 584 000	10 025 000
Total Assets	20 655 000	6 606 000	10 099 000
Total Retained Equity	2 450 000	2 836 000	−265 000
Total Equity	2 950 000	3 336 000	223 000
Total Long-Term Debt	0	0	3 505 000
Total Current Debt	17 705 000	3 271 000	6 372 000
Total Equity and Debt	20 655 000	6 606 000	10 099 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 605 000	29 646 000	0
Other Income	0	0	0
Revenue	4 605 000	29 646 000	0
Cost of Goods Sold	4 191 000	24 735 000	11 000
Salary Costs	0	171 000	29 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	4 440 000	25 145 000	258 000
Operating Profit	165 000	4 501 000	−258 000
Financial Income	6 000	1 000	0
Financial Costs	664 000	512 000	83 000
Financial Balance	−658 000	−511 000	−83 000
Dividends	0	0	0
Net Income	−385 000	3 112 000	−265 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	130 000	22 000	75 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	130 000	22 000	75 000
Stock	20 164 000	3 270 000	9 897 000
Total Investments	0	0	0
Cash, Bank	261 000	3 214 000	128 000
Total Current Assets	20 525 000	6 584 000	10 025 000
Total Assets	20 655 000	6 606 000	10 099 000
Total Equity	2 950 000	3 336 000	223 000
Short-Term Group Debt	0	0	200 000
Total Long-Term Debt	0	0	3 505 000
Creditors	135 000	2 346 000	2 108 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	1 350 000	100 000	0
Total Current Debt	17 705 000	3 271 000	6 372 000
Total Equity and Debt	20 655 000	6 606 000	10 099 000

Financial indicators	2022	2021	2020
Return on Equity	−13,05 %	93,29 %	−118,83 %
Debt-to-Equity Ratio	0	0	15,72
Operating Profit Margin	3,58 %	15,18 %	-
Current Ratio	1,16	2,01	1,57
Quick Ratio	−8,35	6 584	−2,84
Equity Ratio	0,14	0,5	0,02
Gross Profit Margin	8,99 %	16,57 %	-