HEIFRO AS

6847 VASSENDEN

Finances

Return on Equity

15,38 %

Current Ratio

3,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	94 000	2 951 000
Net Income	2 372 000	3 854 000	3 971 000	3 120 000
Total Assets	17 481 000	18 086 000	20 290 000	16 293 000
Total Equity	15 423 000	18 051 000	16 198 000	16 227 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	94 000	2 951 000
Expenditure	50 000	50 000	157 000	2 968 000
Operating Profit	−50 000	−50 000	−63 000	−17 000
Financial Income	2 774 000	3 959 000	4 049 000	3 166 000
Financial Costs	347 000	46 000	0	0
Financial Balance	2 427 000	3 913 000	4 049 000	3 166 000
Earnings Before Tax	2 377 000	3 863 000	3 986 000	3 149 000
Tax	5 000	9 000	15 000	29 000
Net Income	2 372 000	3 854 000	3 971 000	3 120 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 617 000	9 482 000	9 248 000	9 621 000
Total Current Assets	7 864 000	8 603 000	11 042 000	6 671 000
Total Assets	17 481 000	18 086 000	20 290 000	16 293 000
Total Retained Equity	15 130 000	17 758 000	15 904 000	15 933 000
Total Equity	15 423 000	18 051 000	16 198 000	16 227 000
Total Long-Term Debt	11 000	16 000	19 000	20 000
Total Current Debt	2 047 000	18 000	4 073 000	46 000
Total Equity and Debt	17 481 000	18 086 000	20 290 000	16 293 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	94 000	2 951 000
Other Income	0	0	0	0
Revenue	0	0	94 000	2 951 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	50 000	50 000	157 000	2 968 000
Operating Profit	−50 000	−50 000	−63 000	−17 000
Financial Income	2 774 000	3 959 000	4 049 000	3 166 000
Financial Costs	347 000	46 000	0	0
Financial Balance	2 427 000	3 913 000	4 049 000	3 166 000
Dividends	5 000 000	2 000 000	4 000 000	0
Net Income	2 372 000	3 854 000	3 971 000	3 120 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	9 617 000	9 482 000	9 248 000	9 621 000
Total Fixed Assets	9 617 000	9 482 000	9 248 000	9 621 000
Stock	0	0	0	0
Total Investments	5 664 000	6 176 000	4 422 000	0
Cash, Bank	550 000	28 000	3 695 000	3 626 000
Total Current Assets	7 864 000	8 603 000	11 042 000	6 671 000
Total Assets	17 481 000	18 086 000	20 290 000	16 293 000
Total Equity	15 423 000	18 051 000	16 198 000	16 227 000
Short-Term Group Debt	46 000	0	0	0
Total Long-Term Debt	11 000	16 000	19 000	20 000
Creditors	0	6 000	1 000	1 000
Unpaid Taxes	0	0	0	3 000
Dividends	5 000 000	2 000 000	4 000 000	0
Other Current Debt	1 000	0	72 000	42 000
Total Current Debt	2 047 000	18 000	4 073 000	46 000
Total Equity and Debt	17 481 000	18 086 000	20 290 000	16 293 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,38 %	21,35 %	24,52 %	19,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	−67,02 %	−0,58 %
Current Ratio	3,84	477,94	2,71	145,02
Quick Ratio	3,84	477,94	2,71	145,02
Equity Ratio	0,88	1	0,8	1
Gross Profit Margin	-	-	100 %	100 %