HEIA BORETTSLAG

8622 MO I RANA

Finances

Share Ownership

Return on Equity

−4,27 %

Current Ratio

10,61

Debt-to-Equity Ratio

−1,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 461 000	4 988 000	4 741 000	4 400 000
Net Income	1 222 000	308 000	−9 406 000	−13 156 000
Total Assets	11 481 000	11 277 000	8 194 000	7 680 000
Total Equity	−28 585 000	−29 807 000	−30 115 000	−20 708 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 461 000	4 988 000	4 741 000	4 400 000
Expenditure	6 580 000	4 039 000	13 505 000	17 032 000
Operating Profit	2 171 000	948 000	−8 763 000	−12 632 000
Financial Income	109 000	15 000	4 000	26 000
Financial Costs	2 008 000	655 000	647 000	550 000
Financial Balance	−1 899 000	−640 000	−643 000	−524 000
Earnings Before Tax	2 444 000	308 000	−9 406 000	−13 156 000
Tax	0	0	0	0
Net Income	1 222 000	308 000	−9 406 000	−13 156 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 195 000	7 195 000	7 201 000	7 213 000
Total Current Assets	4 286 000	4 082 000	993 000	467 000
Total Assets	11 481 000	11 277 000	8 194 000	7 680 000
Total Retained Equity	57 184 000	29 814 000	30 122 000	20 715 000
Total Equity	−28 585 000	−29 807 000	−30 115 000	−20 708 000
Total Long-Term Debt	39 661 000	40 701 000	36 478 000	27 770 000
Total Current Debt	404 000	383 000	1 831 000	619 000
Total Equity and Debt	11 481 000	11 277 000	8 194 000	7 680 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	10 922 000	4 988 000	4 741 000	4 400 000
Revenue	5 461 000	4 988 000	4 741 000	4 400 000
Cost of Goods Sold	0	0	0	0
Salary Costs	341 000	170 000	162 000	154 000
Depreciation	0	6 000	12 000	12 000
Impairment	0	0	0	0
Expenditure	6 580 000	4 039 000	13 505 000	17 032 000
Operating Profit	2 171 000	948 000	−8 763 000	−12 632 000
Financial Income	109 000	15 000	4 000	26 000
Financial Costs	2 008 000	655 000	647 000	550 000
Financial Balance	−1 899 000	−640 000	−643 000	−524 000
Dividends	0	0	0	0
Net Income	1 222 000	308 000	−9 406 000	−13 156 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 391 000	7 195 000	7 195 000	7 195 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	6 000	18 000
Total Tangible Assets	14 391 000	7 195 000	7 201 000	7 213 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 195 000	7 195 000	7 201 000	7 213 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 570 000	3 633 000	389 000	402 000
Total Current Assets	4 286 000	4 082 000	993 000	467 000
Total Assets	11 481 000	11 277 000	8 194 000	7 680 000
Total Equity	−28 585 000	−29 807 000	−30 115 000	−20 708 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	39 661 000	40 701 000	36 478 000	27 770 000
Creditors	752 000	326 000	359 000	596 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	57 000	57 000	1 473 000	23 000
Total Current Debt	404 000	383 000	1 831 000	619 000
Total Equity and Debt	11 481 000	11 277 000	8 194 000	7 680 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,27 %	−1,03 %	31,23 %	63,53 %
Debt-to-Equity Ratio	−1,39	−1,37	−1,21	−1,34
Operating Profit Margin	39,75 %	19,01 %	−184,83 %	−287,09 %
Current Ratio	10,61	10,66	0,54	0,75
Quick Ratio	10,61	10,66	0,54	0,75
Equity Ratio	−2,49	−2,64	−3,68	−2,7
Gross Profit Margin	100 %	100 %	100 %	100 %