HEDDALSVEIEN 37 AS

3674 NOTODDEN

Finances

Share Ownership

Return on Equity

12,24 %

Current Ratio

3,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	480 000	460 000	460 000	397 000
Net Income	240 000	286 000	291 000	233 000
Total Assets	2 177 000	1 807 000	1 523 000	1 291 000
Total Equity	1 960 000	1 719 000	1 433 000	1 142 000

Income (NOK)	2022	2021	2020	2019
Revenue	480 000	460 000	460 000	397 000
Expenditure	176 000	97 000	91 000	108 000
Operating Profit	304 000	363 000	370 000	290 000
Financial Income	2 000	1 000	0	2 000
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	0	2 000
Earnings Before Tax	306 000	364 000	370 000	292 000
Tax	66 000	78 000	79 000	59 000
Net Income	240 000	286 000	291 000	233 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 338 000	1 396 000	838 000	159 000
Total Current Assets	839 000	411 000	686 000	1 132 000
Total Assets	2 177 000	1 807 000	1 523 000	1 291 000
Total Retained Equity	1 860 000	1 619 000	1 333 000	1 042 000
Total Equity	1 960 000	1 719 000	1 433 000	1 142 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	218 000	88 000	90 000	149 000
Total Equity and Debt	2 177 000	1 807 000	1 523 000	1 291 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	480 000	460 000	460 000	397 000
Revenue	480 000	460 000	460 000	397 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	58 000	7 000	7 000	7 000
Impairment	0	0	0	0
Expenditure	176 000	97 000	91 000	108 000
Operating Profit	304 000	363 000	370 000	290 000
Financial Income	2 000	1 000	0	2 000
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	0	2 000
Dividends	0	0	0	0
Net Income	240 000	286 000	291 000	233 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 334 000	1 385 000	820 000	135 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 000	11 000	18 000	24 000
Total Tangible Assets	1 338 000	1 396 000	838 000	159 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 338 000	1 396 000	838 000	159 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	832 000	369 000	619 000	1 126 000
Total Current Assets	839 000	411 000	686 000	1 132 000
Total Assets	2 177 000	1 807 000	1 523 000	1 291 000
Total Equity	1 960 000	1 719 000	1 433 000	1 142 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	1 000	0
Unpaid Taxes	112 000	0	0	80 000
Dividends	0	0	0	0
Other Current Debt	40 000	10 000	10 000	10 000
Total Current Debt	218 000	88 000	90 000	149 000
Total Equity and Debt	2 177 000	1 807 000	1 523 000	1 291 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,24 %	16,64 %	20,31 %	20,4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	63,33 %	78,91 %	80,43 %	73,05 %
Current Ratio	3,85	4,67	7,62	7,6
Quick Ratio	3,85	4,67	7,62	7,6
Equity Ratio	0,9	0,95	0,94	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %