HEIVEIEN III Borettslag

4950 RISØR

Finances

Share Ownership

Return on Equity

−35,02 %

Current Ratio

13,47

Debt-to-Equity Ratio

−5,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 336 000	1 314 000	1 275 000	1 266 000
Net Income	359 000	498 000	444 000	455 000
Total Assets	4 509 000	4 560 000	4 504 000	4 465 000
Total Equity	−1 025 000	−1 384 000	−1 882 000	−2 326 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 336 000	1 314 000	1 275 000	1 266 000
Expenditure	835 000	712 000	694 000	645 000
Operating Profit	501 000	603 000	580 000	621 000
Financial Income	0	0	0	1 000
Financial Costs	142 000	105 000	137 000	166 000
Financial Balance	−142 000	−105 000	−137 000	−165 000
Earnings Before Tax	359 000	498 000	444 000	455 000
Tax	0	0	0	0
Net Income	359 000	498 000	444 000	455 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 105 000	4 105 000	4 135 000	4 135 000
Total Current Assets	404 000	455 000	368 000	330 000
Total Assets	4 509 000	4 560 000	4 504 000	4 465 000
Total Retained Equity	−1 027 000	−1 387 000	−1 884 000	−2 328 000
Total Equity	−1 025 000	−1 384 000	−1 882 000	−2 326 000
Total Long-Term Debt	5 504 000	5 937 000	6 375 000	6 790 000
Total Current Debt	30 000	7 000	11 000	0
Total Equity and Debt	4 509 000	4 560 000	4 504 000	4 465 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 336 000	1 314 000	1 275 000	1 266 000
Revenue	1 336 000	1 314 000	1 275 000	1 266 000
Cost of Goods Sold	0	0	0	0
Salary Costs	28 000	20 000	15 000	12 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	835 000	712 000	694 000	645 000
Operating Profit	501 000	603 000	580 000	621 000
Financial Income	0	0	0	1 000
Financial Costs	142 000	105 000	137 000	166 000
Financial Balance	−142 000	−105 000	−137 000	−165 000
Dividends	0	0	0	0
Net Income	359 000	498 000	444 000	455 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 105 000	4 105 000	4 135 000	4 135 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 105 000	4 105 000	4 135 000	4 135 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 105 000	4 105 000	4 135 000	4 135 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	222 000	369 000	341 000	301 000
Total Current Assets	404 000	455 000	368 000	330 000
Total Assets	4 509 000	4 560 000	4 504 000	4 465 000
Total Equity	−1 025 000	−1 384 000	−1 882 000	−2 326 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 504 000	5 937 000	6 375 000	6 790 000
Creditors	26 000	1 000	4 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 000	6 000	7 000	0
Total Current Debt	30 000	7 000	11 000	0
Total Equity and Debt	4 509 000	4 560 000	4 504 000	4 465 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−35,02 %	−35,98 %	−23,59 %	−19,56 %
Debt-to-Equity Ratio	−5,37	−4,29	−3,39	−2,92
Operating Profit Margin	37,5 %	45,89 %	45,49 %	49,05 %
Current Ratio	13,47	65	33,45	-
Quick Ratio	13,47	65	33,45	-
Equity Ratio	−0,23	−0,3	−0,42	−0,52
Gross Profit Margin	100 %	100 %	100 %	100 %