HEDDAL EIENDOM AS

3677 NOTODDEN

Finances

Share Ownership

Return on Equity

−251,69 %

Current Ratio

−24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 000	649 000	1 290 000	2 565 000
Net Income	−818 000	6 000	31 000	563 000
Total Assets	324 000	2 076 000	1 553 000	1 230 000
Total Equity	325 000	1 143 000	1 137 000	1 106 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 000	649 000	1 290 000	2 565 000
Expenditure	870 000	641 000	1 250 000	1 973 000
Operating Profit	−820 000	8 000	41 000	593 000
Financial Income	0	0	0	0
Financial Costs	23 000	1 000	2 000	1 000
Financial Balance	−23 000	−1 000	−2 000	−1 000
Earnings Before Tax	−843 000	8 000	40 000	592 000
Tax	−25 000	2 000	9 000	29 000
Net Income	−818 000	6 000	31 000	563 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	300 000	850 000	45 000	51 000
Total Current Assets	24 000	1 226 000	1 508 000	1 180 000
Total Assets	324 000	2 076 000	1 553 000	1 230 000
Total Retained Equity	−775 000	43 000	37 000	6 000
Total Equity	325 000	1 143 000	1 137 000	1 106 000
Total Long-Term Debt	0	175 000	29 000	29 000
Total Current Debt	−1 000	758 000	387 000	96 000
Total Equity and Debt	324 000	2 076 000	1 553 000	1 230 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 000	515 000	1 290 000	2 267 000
Other Income	0	134 000	0	298 000
Revenue	50 000	649 000	1 290 000	2 565 000
Cost of Goods Sold	0	223 000	141 000	95 000
Salary Costs	0	105 000	688 000	692 000
Depreciation	0	0	6 000	6 000
Impairment	0	0	0	0
Expenditure	870 000	641 000	1 250 000	1 973 000
Operating Profit	−820 000	8 000	41 000	593 000
Financial Income	0	0	0	0
Financial Costs	23 000	1 000	2 000	1 000
Financial Balance	−23 000	−1 000	−2 000	−1 000
Dividends	0	0	0	0
Net Income	−818 000	6 000	31 000	563 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	300 000	150 000	45 000	51 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	300 000	150 000	45 000	51 000
Total Fiancial Fixed Assets	0	700 000	0	0
Total Fixed Assets	300 000	850 000	45 000	51 000
Stock	0	0	214 000	214 000
Total Investments	0	0	0	0
Cash, Bank	3 000	1 000	8 000	1 000
Total Current Assets	24 000	1 226 000	1 508 000	1 180 000
Total Assets	324 000	2 076 000	1 553 000	1 230 000
Total Equity	325 000	1 143 000	1 137 000	1 106 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	175 000	29 000	29 000
Creditors	−1 000	35 000	53 000	−1 000
Unpaid Taxes	0	172 000	268 000	39 000
Dividends	0	0	0	0
Other Current Debt	0	545 000	57 000	57 000
Total Current Debt	−1 000	758 000	387 000	96 000
Total Equity and Debt	324 000	2 076 000	1 553 000	1 230 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−251,69 %	0,52 %	2,73 %	50,9 %
Debt-to-Equity Ratio	0	0,15	0,03	0,03
Operating Profit Margin	−1 640 %	1,23 %	3,18 %	23,12 %
Current Ratio	−24	1,62	3,9	12,29
Quick Ratio	−24	1,62	8,72	−10
Equity Ratio	1	0,55	0,73	0,9
Gross Profit Margin	100 %	65,64 %	89,07 %	96,3 %