HEDDALSVEIEN 878 AS

3674 NOTODDEN

Finances

Share Ownership

Return on Equity

31,58 %

Current Ratio

1,35

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 145 000	1 054 000	1 032 000	1 033 000
Net Income	653 000	671 000	638 000	622 000
Total Assets	3 315 000	3 488 000	3 394 000	3 341 000
Total Equity	2 068 000	2 225 000	2 364 000	2 356 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 145 000	1 054 000	1 032 000	1 033 000
Expenditure	314 000	195 000	223 000	242 000
Operating Profit	830 000	858 000	808 000	791 000
Financial Income	6 000	2 000	10 000	6 000
Financial Costs	0	0	0	0
Financial Balance	6 000	2 000	10 000	6 000
Earnings Before Tax	837 000	860 000	818 000	797 000
Tax	184 000	189 000	180 000	175 000
Net Income	653 000	671 000	638 000	622 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 870 000	1 937 000	2 004 000	2 072 000
Total Current Assets	1 445 000	1 551 000	1 389 000	1 269 000
Total Assets	3 315 000	3 488 000	3 394 000	3 341 000
Total Retained Equity	1 078 000	1 235 000	1 374 000	1 366 000
Total Equity	2 068 000	2 225 000	2 364 000	2 356 000
Total Long-Term Debt	177 000	178 000	170 000	175 000
Total Current Debt	1 070 000	1 085 000	860 000	809 000
Total Equity and Debt	3 315 000	3 488 000	3 394 000	3 341 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 145 000	1 054 000	1 032 000	1 033 000
Revenue	1 145 000	1 054 000	1 032 000	1 033 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	67 000	67 000	67 000	67 000
Impairment	0	0	0	0
Expenditure	314 000	195 000	223 000	242 000
Operating Profit	830 000	858 000	808 000	791 000
Financial Income	6 000	2 000	10 000	6 000
Financial Costs	0	0	0	0
Financial Balance	6 000	2 000	10 000	6 000
Dividends	0	0	630 000	567 000
Net Income	653 000	671 000	638 000	622 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 860 000	1 922 000	1 984 000	2 046 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 000	15 000	20 000	26 000
Total Tangible Assets	1 870 000	1 937 000	2 004 000	2 072 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 870 000	1 937 000	2 004 000	2 072 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 384 000	1 547 000	1 311 000	1 263 000
Total Current Assets	1 445 000	1 551 000	1 389 000	1 269 000
Total Assets	3 315 000	3 488 000	3 394 000	3 341 000
Total Equity	2 068 000	2 225 000	2 364 000	2 356 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	177 000	178 000	170 000	175 000
Creditors	33 000	32 000	4 000	5 000
Unpaid Taxes	42 000	47 000	41 000	42 000
Dividends	0	0	630 000	567 000
Other Current Debt	0	16 000	0	22 000
Total Current Debt	1 070 000	1 085 000	860 000	809 000
Total Equity and Debt	3 315 000	3 488 000	3 394 000	3 341 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,58 %	30,16 %	26,99 %	26,4 %
Debt-to-Equity Ratio	0,09	0,08	0,07	0,07
Operating Profit Margin	72,49 %	81,4 %	78,29 %	76,57 %
Current Ratio	1,35	1,43	1,62	1,57
Quick Ratio	1,35	1,43	1,62	1,57
Equity Ratio	0,62	0,64	0,7	0,71
Gross Profit Margin	100 %	100 %	100 %	100 %