HEIASVINGEN 37 AS

1900 FETSUND

Finances

Share Ownership

Return on Equity

105,24 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 121 000	1 229 000	1 514 000	1 074 000
Net Income	643 000	332 000	230 000	125 000
Total Assets	1 425 000	647 000	1 515 000	2 119 000
Total Equity	611 000	553 000	915 000	1 184 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 121 000	1 229 000	1 514 000	1 074 000
Expenditure	296 000	801 000	1 233 000	926 000
Operating Profit	825 000	427 000	282 000	147 000
Financial Income	0	3 000	14 000	18 000
Financial Costs	0	4 000	0	4 000
Financial Balance	0	−1 000	14 000	14 000
Earnings Before Tax	825 000	426 000	295 000	161 000
Tax	181 000	94 000	65 000	35 000
Net Income	643 000	332 000	230 000	125 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	552 000	559 000	567 000	574 000
Total Current Assets	872 000	88 000	949 000	1 545 000
Total Assets	1 425 000	647 000	1 515 000	2 119 000
Total Retained Equity	511 000	453 000	815 000	1 084 000
Total Equity	611 000	553 000	915 000	1 184 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	814 000	95 000	601 000	935 000
Total Equity and Debt	1 425 000	647 000	1 515 000	2 119 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 229 000	1 514 000	1 074 000
Other Income	1 121 000	0	0	0
Revenue	1 121 000	1 229 000	1 514 000	1 074 000
Cost of Goods Sold	0	706 000	1 020 000	718 000
Salary Costs	0	0	69 000	69 000
Depreciation	7 000	7 000	7 000	7 000
Impairment	0	0	0	0
Expenditure	296 000	801 000	1 233 000	926 000
Operating Profit	825 000	427 000	282 000	147 000
Financial Income	0	3 000	14 000	18 000
Financial Costs	0	4 000	0	4 000
Financial Balance	0	−1 000	14 000	14 000
Dividends	0	0	500 000	800 000
Net Income	643 000	332 000	230 000	125 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	2 000	2 000	2 000
Real Eastate	551 000	558 000	565 000	572 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	551 000	558 000	565 000	572 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	552 000	559 000	567 000	574 000
Stock	0	0	140 000	194 000
Total Investments	0	0	0	0
Cash, Bank	77 000	88 000	739 000	1 224 000
Total Current Assets	872 000	88 000	949 000	1 545 000
Total Assets	1 425 000	647 000	1 515 000	2 119 000
Total Equity	611 000	553 000	915 000	1 184 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	21 000
Unpaid Taxes	47 000	0	25 000	31 000
Dividends	0	0	500 000	800 000
Other Current Debt	750 000	1 000	11 000	47 000
Total Current Debt	814 000	95 000	601 000	935 000
Total Equity and Debt	1 425 000	647 000	1 515 000	2 119 000

Financial indicators	2022	2021	2020	2019
Return on Equity	105,24 %	60,04 %	25,14 %	10,56 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	73,6 %	34,74 %	18,63 %	13,69 %
Current Ratio	1,07	0,93	1,58	1,65
Quick Ratio	1,07	0,93	2,06	2,09
Equity Ratio	0,43	0,85	0,6	0,56
Gross Profit Margin	100 %	42,55 %	32,63 %	33,15 %