HEV AS

0273 OSLO

Finances

Share Ownership

Return on Equity

119,66 %

Current Ratio

0,59

Debt-to-Equity Ratio

−0,15

Key figures (NOK)	2019	2018	2017	2016
Revenue	35 592 000	47 169 000	52 438 000	78 745 000
Net Income	−10 698 000	655 000	−7 115 000	2 264 000
Total Assets	12 778 000	38 919 000	24 564 000	31 553 000
Total Equity	−8 940 000	1 758 000	1 026 000	8 140 000

Income (NOK)	2019	2018	2017	2016
Revenue	35 592 000	47 169 000	52 438 000	78 745 000
Expenditure	43 160 000	48 471 000	60 788 000	75 593 000
Operating Profit	−10 301 000	743 000	−6 780 000	3 103 000
Financial Income	51 000	201 000	4 000	176 000
Financial Costs	439 000	289 000	339 000	160 000
Financial Balance	−388 000	−88 000	−335 000	16 000
Earnings Before Tax	−10 689 000	655 000	−7 115 000	3 118 000
Tax	9 000	0	0	854 000
Net Income	−10 698 000	655 000	−7 115 000	2 264 000

Balance (NOK)	2019	2018	2017	2016
Total Fixed Assets	802 000	1 659 000	2 494 000	2 655 000
Total Current Assets	11 976 000	37 260 000	22 070 000	28 898 000
Total Assets	12 778 000	38 919 000	24 564 000	31 553 000
Total Retained Equity	−9 121 000	1 577 000	922 000	8 037 000
Total Equity	−8 940 000	1 758 000	1 026 000	8 140 000
Total Long-Term Debt	1 315 000	1 657 000	1 991 000	1 154 000
Total Current Debt	20 403 000	35 504 000	21 547 000	22 259 000
Total Equity and Debt	12 778 000	38 919 000	24 564 000	31 553 000

Cash flow (NOK)	2019	2018	2017	2016
Sales Income	35 282 000	47 143 000	52 438 000	78 745 000
Other Income	310 000	25 000	0	0
Revenue	35 592 000	47 169 000	52 438 000	78 745 000
Cost of Goods Sold	17 407 000	26 078 000	34 510 000	48 803 000
Salary Costs	15 284 000	18 212 000	17 555 000	20 931 000
Depreciation	698 000	774 000	708 000	662 000
Impairment	0	0	0	0
Expenditure	43 160 000	48 471 000	60 788 000	75 593 000
Operating Profit	−10 301 000	743 000	−6 780 000	3 103 000
Financial Income	51 000	201 000	4 000	176 000
Financial Costs	439 000	289 000	339 000	160 000
Financial Balance	−388 000	−88 000	−335 000	16 000
Dividends	0	0	0	1 000 000
Net Income	−10 698 000	655 000	−7 115 000	2 264 000

Balance details (NOK)	2019	2018	2017	2016
Goodwill	0	0	0	0
Total Intangible Assets	0	9 000	32 000	32 000
Real Eastate	0	150 000	150 000	150 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	802 000	1 500 000	2 312 000	2 098 000
Total Tangible Assets	802 000	1 650 000	2 462 000	2 248 000
Total Fiancial Fixed Assets	0	0	0	374 000
Total Fixed Assets	802 000	1 659 000	2 494 000	2 655 000
Stock	2 993 000	5 726 000	3 680 000	2 110 000
Total Investments	0	0	0	0
Cash, Bank	3 335 000	2 456 000	3 167 000	5 904 000
Total Current Assets	11 976 000	37 260 000	22 070 000	28 898 000
Total Assets	12 778 000	38 919 000	24 564 000	31 553 000
Total Equity	−8 940 000	1 758 000	1 026 000	8 140 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 315 000	1 657 000	1 991 000	1 154 000
Creditors	7 146 000	12 810 000	12 866 000	15 690 000
Unpaid Taxes	6 112 000	6 645 000	2 115 000	1 789 000
Dividends	0	0	0	1 000 000
Other Current Debt	7 145 000	16 049 000	6 566 000	2 843 000
Total Current Debt	20 403 000	35 504 000	21 547 000	22 259 000
Total Equity and Debt	12 778 000	38 919 000	24 564 000	31 553 000

Financial indicators	2019	2018	2017	2016
Return on Equity	119,66 %	37,26 %	−693,47 %	27,81 %
Debt-to-Equity Ratio	−0,15	0,94	1,94	0,14
Operating Profit Margin	−28,94 %	1,58 %	−12,93 %	3,94 %
Current Ratio	0,59	1,05	1,02	1,3
Quick Ratio	0,69	1,25	1,24	1,43
Equity Ratio	−0,7	0,05	0,04	0,26
Gross Profit Margin	51,09 %	44,71 %	34,19 %	38,02 %