HEEN LANDBRUKSVERKSTED AS

1880 EIDSBERG

Finances

Share Ownership

Return on Equity

24,69 %

Current Ratio

2,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	66 661 000	44 693 000	43 469 000	43 475 000
Net Income	7 410 000	4 073 000	3 435 000	3 537 000
Total Assets	48 102 000	38 290 000	37 401 000	33 266 000
Total Equity	30 014 000	25 149 000	23 223 000	20 560 000

Income (NOK)	2022	2021	2020	2019
Revenue	66 661 000	44 693 000	43 469 000	43 475 000
Expenditure	57 262 000	39 294 000	38 724 000	38 712 000
Operating Profit	9 398 000	5 400 000	4 744 000	4 763 000
Financial Income	405 000	103 000	126 000	171 000
Financial Costs	303 000	281 000	466 000	400 000
Financial Balance	102 000	−178 000	−340 000	−229 000
Earnings Before Tax	9 500 000	5 221 000	4 404 000	4 534 000
Tax	2 090 000	1 149 000	969 000	997 000
Net Income	7 410 000	4 073 000	3 435 000	3 537 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 370 000	1 676 000	1 636 000	1 377 000
Total Current Assets	45 733 000	36 614 000	35 766 000	31 889 000
Total Assets	48 102 000	38 290 000	37 401 000	33 266 000
Total Retained Equity	29 014 000	24 149 000	22 223 000	19 560 000
Total Equity	30 014 000	25 149 000	23 223 000	20 560 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	18 088 000	13 140 000	14 179 000	12 706 000
Total Equity and Debt	48 102 000	38 290 000	37 401 000	33 266 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	66 253 000	44 206 000	42 772 000	42 954 000
Other Income	408 000	488 000	697 000	521 000
Revenue	66 661 000	44 693 000	43 469 000	43 475 000
Cost of Goods Sold	44 241 000	28 267 000	28 710 000	29 997 000
Salary Costs	8 360 000	7 696 000	6 746 000	5 856 000
Depreciation	309 000	282 000	256 000	237 000
Impairment	0	0	0	0
Expenditure	57 262 000	39 294 000	38 724 000	38 712 000
Operating Profit	9 398 000	5 400 000	4 744 000	4 763 000
Financial Income	405 000	103 000	126 000	171 000
Financial Costs	303 000	281 000	466 000	400 000
Financial Balance	102 000	−178 000	−340 000	−229 000
Dividends	0	0	0	0
Net Income	7 410 000	4 073 000	3 435 000	3 537 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	662 000	476 000	409 000	400 000
Real Eastate	760 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	948 000	1 200 000	1 227 000	977 000
Total Tangible Assets	1 708 000	1 200 000	1 227 000	977 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 370 000	1 676 000	1 636 000	1 377 000
Stock	18 933 000	17 983 000	13 454 000	13 287 000
Total Investments	0	0	0	0
Cash, Bank	14 209 000	12 915 000	17 035 000	10 289 000
Total Current Assets	45 733 000	36 614 000	35 766 000	31 889 000
Total Assets	48 102 000	38 290 000	37 401 000	33 266 000
Total Equity	30 014 000	25 149 000	23 223 000	20 560 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 284 000	2 962 000	2 271 000	2 184 000
Unpaid Taxes	4 265 000	2 135 000	2 099 000	3 215 000
Dividends	0	0	0	0
Other Current Debt	7 264 000	6 827 000	8 832 000	6 355 000
Total Current Debt	18 088 000	13 140 000	14 179 000	12 706 000
Total Equity and Debt	48 102 000	38 290 000	37 401 000	33 266 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,69 %	16,2 %	14,79 %	17,2 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,1 %	12,08 %	10,91 %	10,96 %
Current Ratio	2,53	2,79	2,52	2,51
Quick Ratio	−54,12	−7,56	49,33	−54,89
Equity Ratio	0,62	0,66	0,62	0,62
Gross Profit Margin	33,63 %	36,75 %	33,95 %	31 %