HEISTAD EIENDOM AS

3925 PORSGRUNN

Finances

Share Ownership

Return on Equity

21,84 %

Current Ratio

0,24

Debt-to-Equity Ratio

−2,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	447 000	748 000	215 000	201 000
Net Income	−221 000	119 000	−463 000	−254 000
Total Assets	1 853 000	1 814 000	4 018 000	4 221 000
Total Equity	−1 012 000	−791 000	−909 000	−447 000

Income (NOK)	2022	2021	2020	2019
Revenue	447 000	748 000	215 000	201 000
Expenditure	535 000	444 000	474 000	248 000
Operating Profit	−88 000	304 000	−259 000	−47 000
Financial Income	0	0	0	0
Financial Costs	133 000	186 000	203 000	207 000
Financial Balance	−133 000	−186 000	−203 000	−207 000
Earnings Before Tax	−221 000	119 000	−463 000	−254 000
Tax	0	0	0	0
Net Income	−221 000	119 000	−463 000	−254 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 743 000	1 796 000	3 944 000	4 039 000
Total Current Assets	110 000	18 000	74 000	182 000
Total Assets	1 853 000	1 814 000	4 018 000	4 221 000
Total Retained Equity	−1 326 000	−1 105 000	−1 223 000	−761 000
Total Equity	−1 012 000	−791 000	−909 000	−447 000
Total Long-Term Debt	2 413 000	2 413 000	4 613 000	4 613 000
Total Current Debt	452 000	192 000	315 000	54 000
Total Equity and Debt	1 853 000	1 814 000	4 018 000	4 221 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	215 000	201 000
Other Income	447 000	748 000	0	0
Revenue	447 000	748 000	215 000	201 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	52 000	52 000	95 000	82 000
Impairment	0	0	0	0
Expenditure	535 000	444 000	474 000	248 000
Operating Profit	−88 000	304 000	−259 000	−47 000
Financial Income	0	0	0	0
Financial Costs	133 000	186 000	203 000	207 000
Financial Balance	−133 000	−186 000	−203 000	−207 000
Dividends	0	0	0	0
Net Income	−221 000	119 000	−463 000	−254 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 743 000	1 796 000	3 944 000	4 039 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 743 000	1 796 000	3 944 000	4 039 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 743 000	1 796 000	3 944 000	4 039 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 000	9 000	19 000	25 000
Total Current Assets	110 000	18 000	74 000	182 000
Total Assets	1 853 000	1 814 000	4 018 000	4 221 000
Total Equity	−1 012 000	−791 000	−909 000	−447 000
Short-Term Group Debt	119 000	119 000	0	0
Total Long-Term Debt	2 413 000	2 413 000	4 613 000	4 613 000
Creditors	23 000	50 000	43 000	27 000
Unpaid Taxes	18 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	292 000	22 000	272 000	27 000
Total Current Debt	452 000	192 000	315 000	54 000
Total Equity and Debt	1 853 000	1 814 000	4 018 000	4 221 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,84 %	−15,04 %	50,94 %	56,82 %
Debt-to-Equity Ratio	−2,38	−3,05	−5,07	−10,32
Operating Profit Margin	−19,69 %	40,64 %	−120,47 %	−23,38 %
Current Ratio	0,24	0,09	0,23	3,37
Quick Ratio	0,24	0,09	0,23	3,37
Equity Ratio	−0,55	−0,44	−0,23	−0,11
Gross Profit Margin	100 %	100 %	100 %	100 %