HEIA INVEST AS

2436 VÅLER I SOLØR

Finances

Share Ownership

Return on Equity

48,93 %

Current Ratio

0,33

Debt-to-Equity Ratio

−3,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 945 000	6 784 000	2 459 000	3 807 000
Net Income	−365 000	323 000	−244 000	−38 000
Total Assets	5 019 000	4 515 000	5 029 000	5 033 000
Total Equity	−746 000	−382 000	−705 000	−461 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 945 000	6 784 000	2 459 000	3 807 000
Expenditure	10 002 000	6 101 000	2 473 000	3 649 000
Operating Profit	−58 000	683 000	−13 000	158 000
Financial Income	4 000	3 000	3 000	0
Financial Costs	311 000	363 000	234 000	196 000
Financial Balance	−307 000	−360 000	−231 000	−196 000
Earnings Before Tax	−365 000	323 000	−244 000	−38 000
Tax	0	0	0	0
Net Income	−365 000	323 000	−244 000	−38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 101 000	4 116 000	4 253 000	4 300 000
Total Current Assets	918 000	399 000	776 000	733 000
Total Assets	5 019 000	4 515 000	5 029 000	5 033 000
Total Retained Equity	−1 221 000	−857 000	−1 180 000	−936 000
Total Equity	−746 000	−382 000	−705 000	−461 000
Total Long-Term Debt	2 959 000	3 221 000	3 566 000	3 936 000
Total Current Debt	2 806 000	1 676 000	2 169 000	1 558 000
Total Equity and Debt	5 019 000	4 515 000	5 029 000	5 033 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 797 000	6 571 000	2 459 000	3 804 000
Other Income	148 000	212 000	0	3 000
Revenue	9 945 000	6 784 000	2 459 000	3 807 000
Cost of Goods Sold	4 606 000	2 494 000	787 000	1 001 000
Salary Costs	3 612 000	2 280 000	910 000	1 568 000
Depreciation	158 000	137 000	117 000	114 000
Impairment	0	0	0	0
Expenditure	10 002 000	6 101 000	2 473 000	3 649 000
Operating Profit	−58 000	683 000	−13 000	158 000
Financial Income	4 000	3 000	3 000	0
Financial Costs	311 000	363 000	234 000	196 000
Financial Balance	−307 000	−360 000	−231 000	−196 000
Dividends	0	0	0	0
Net Income	−365 000	323 000	−244 000	−38 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 979 000	4 116 000	4 253 000	4 300 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	122 000	0	0	0
Total Tangible Assets	4 101 000	4 116 000	4 253 000	4 300 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 101 000	4 116 000	4 253 000	4 300 000
Stock	138 000	164 000	98 000	137 000
Total Investments	0	0	0	0
Cash, Bank	287 000	28 000	11 000	280 000
Total Current Assets	918 000	399 000	776 000	733 000
Total Assets	5 019 000	4 515 000	5 029 000	5 033 000
Total Equity	−746 000	−382 000	−705 000	−461 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 959 000	3 221 000	3 566 000	3 936 000
Creditors	321 000	201 000	262 000	247 000
Unpaid Taxes	1 931 000	671 000	1 241 000	914 000
Dividends	0	0	0	0
Other Current Debt	554 000	746 000	568 000	397 000
Total Current Debt	2 806 000	1 676 000	2 169 000	1 558 000
Total Equity and Debt	5 019 000	4 515 000	5 029 000	5 033 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,93 %	−84,55 %	34,61 %	8,24 %
Debt-to-Equity Ratio	−3,97	−8,43	−5,06	−8,54
Operating Profit Margin	−0,58 %	10,07 %	−0,53 %	4,15 %
Current Ratio	0,33	0,24	0,36	0,47
Quick Ratio	0,34	0,26	0,37	0,52
Equity Ratio	−0,15	−0,08	−0,14	−0,09
Gross Profit Margin	53,69 %	63,24 %	68 %	73,71 %