Heggelia Borettslag

3717 SKIEN

Finances

Share Ownership

Return on Equity

−9,15 %

Current Ratio

6,98

Debt-to-Equity Ratio

−2,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	923 000	904 000	904 000	904 000
Net Income	194 000	185 000	212 000	181 000
Total Assets	2 799 000	2 772 000	2 800 000	2 774 000
Total Equity	−2 121 000	−2 316 000	−2 501 000	−2 712 000

Income (NOK)	2022	2021	2020	2019
Revenue	923 000	904 000	904 000	904 000
Expenditure	617 000	638 000	593 000	545 000
Operating Profit	306 000	257 000	305 000	322 000
Financial Income	7 000	2 000	4 000	7 000
Financial Costs	119 000	73 000	97 000	148 000
Financial Balance	−112 000	−71 000	−93 000	−141 000
Earnings Before Tax	194 000	194 000	217 000	218 000
Tax	0	0	0	0
Net Income	194 000	185 000	212 000	181 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 345 000	2 345 000	2 345 000	2 345 000
Total Current Assets	454 000	428 000	455 000	429 000
Total Assets	2 799 000	2 772 000	2 800 000	2 774 000
Total Retained Equity	−2 121 000	−2 316 000	−2 501 000	−2 712 000
Total Equity	−2 121 000	−2 316 000	−2 501 000	−2 712 000
Total Long-Term Debt	4 856 000	5 054 000	5 263 000	5 455 000
Total Current Debt	65 000	34 000	37 000	31 000
Total Equity and Debt	2 799 000	2 772 000	2 800 000	2 774 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	923 000	904 000	904 000	904 000
Revenue	923 000	904 000	904 000	904 000
Cost of Goods Sold	0	0	0	0
Salary Costs	57 000	57 000	55 000	57 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	617 000	638 000	593 000	545 000
Operating Profit	306 000	257 000	305 000	322 000
Financial Income	7 000	2 000	4 000	7 000
Financial Costs	119 000	73 000	97 000	148 000
Financial Balance	−112 000	−71 000	−93 000	−141 000
Dividends	0	0	0	0
Net Income	194 000	185 000	212 000	181 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 345 000	2 345 000	2 345 000	2 345 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 345 000	2 345 000	2 345 000	2 345 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 345 000	2 345 000	2 345 000	2 345 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	323 000	369 000	405 000	388 000
Total Current Assets	454 000	428 000	455 000	429 000
Total Assets	2 799 000	2 772 000	2 800 000	2 774 000
Total Equity	−2 121 000	−2 316 000	−2 501 000	−2 712 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 856 000	5 054 000	5 263 000	5 455 000
Creditors	65 000	34 000	37 000	31 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	1 000	0
Total Current Debt	65 000	34 000	37 000	31 000
Total Equity and Debt	2 799 000	2 772 000	2 800 000	2 774 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,15 %	−7,99 %	−8,48 %	−6,67 %
Debt-to-Equity Ratio	−2,29	−2,18	−2,1	−2,01
Operating Profit Margin	33,15 %	28,43 %	33,74 %	35,62 %
Current Ratio	6,98	12,59	12,3	13,84
Quick Ratio	6,98	12,59	12,3	13,84
Equity Ratio	−0,76	−0,84	−0,89	−0,98
Gross Profit Margin	100 %	100 %	100 %	100 %