HEGGTVEIT EIGEDOM AS

3850 KVITESEID

Finances

Share Ownership

Return on Equity

16,22 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	384 000	336 000	529 000	373 000
Net Income	102 000	68 000	200 000	73 000
Total Assets	2 247 000	2 105 000	2 159 000	2 016 000
Total Equity	629 000	527 000	459 000	259 000

Income (NOK)	2022	2021	2020	2019
Revenue	384 000	336 000	529 000	373 000
Expenditure	224 000	235 000	247 000	238 000
Operating Profit	160 000	101 000	282 000	135 000
Financial Income	14 000	8 000	12 000	13 000
Financial Costs	28 000	8 000	21 000	34 000
Financial Balance	−14 000	0	−9 000	−21 000
Earnings Before Tax	146 000	100 000	273 000	114 000
Tax	44 000	32 000	73 000	42 000
Net Income	102 000	68 000	200 000	73 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	522 000	641 000	760 000	767 000
Total Current Assets	1 726 000	1 464 000	1 399 000	1 249 000
Total Assets	2 247 000	2 105 000	2 159 000	2 016 000
Total Retained Equity	529 000	427 000	359 000	159 000
Total Equity	629 000	527 000	459 000	259 000
Total Long-Term Debt	0	0	66 000	176 000
Total Current Debt	1 618 000	1 578 000	1 634 000	1 582 000
Total Equity and Debt	2 247 000	2 105 000	2 159 000	2 016 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 000	0	191 000	0
Other Income	370 000	336 000	337 000	373 000
Revenue	384 000	336 000	529 000	373 000
Cost of Goods Sold	2 000	0	0	8 000
Salary Costs	0	0	0	0
Depreciation	119 000	119 000	142 000	136 000
Impairment	0	0	0	0
Expenditure	224 000	235 000	247 000	238 000
Operating Profit	160 000	101 000	282 000	135 000
Financial Income	14 000	8 000	12 000	13 000
Financial Costs	28 000	8 000	21 000	34 000
Financial Balance	−14 000	0	−9 000	−21 000
Dividends	0	0	0	0
Net Income	102 000	68 000	200 000	73 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	423 000	529 000	634 000	740 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	99 000	112 000	126 000	27 000
Total Tangible Assets	522 000	641 000	760 000	767 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	522 000	641 000	760 000	767 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 692 000	1 426 000	1 226 000	1 215 000
Total Current Assets	1 726 000	1 464 000	1 399 000	1 249 000
Total Assets	2 247 000	2 105 000	2 159 000	2 016 000
Total Equity	629 000	527 000	459 000	259 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	66 000	176 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	23 000	16 000
Dividends	0	0	0	0
Other Current Debt	1 574 000	1 546 000	1 538 000	1 524 000
Total Current Debt	1 618 000	1 578 000	1 634 000	1 582 000
Total Equity and Debt	2 247 000	2 105 000	2 159 000	2 016 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,22 %	12,9 %	43,57 %	28,19 %
Debt-to-Equity Ratio	0	0	0,14	0,68
Operating Profit Margin	41,67 %	30,06 %	53,31 %	36,19 %
Current Ratio	1,07	0,93	0,86	0,79
Quick Ratio	1,07	0,93	0,86	0,79
Equity Ratio	0,28	0,25	0,21	0,13
Gross Profit Margin	99,48 %	100 %	100 %	97,86 %