HEIANE II AS

5012 BERGEN

Finances

Share Ownership

Return on Equity

−1,4 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	557 000	415 000	840 000	840 000
Net Income	−78 000	−72 000	296 000	237 000
Total Assets	11 216 000	11 484 000	11 643 000	11 702 000
Total Equity	5 552 000	5 631 000	5 702 000	5 406 000

Income (NOK)	2022	2021	2020	2019
Revenue	557 000	415 000	840 000	840 000
Expenditure	418 000	321 000	250 000	285 000
Operating Profit	138 000	94 000	590 000	554 000
Financial Income	21 000	8 000	2 000	2 000
Financial Costs	236 000	173 000	194 000	237 000
Financial Balance	−215 000	−165 000	−192 000	−235 000
Earnings Before Tax	−77 000	−71 000	397 000	319 000
Tax	1 000	0	101 000	81 000
Net Income	−78 000	−72 000	296 000	237 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 796 000	10 979 000	11 160 000	11 341 000
Total Current Assets	420 000	505 000	483 000	361 000
Total Assets	11 216 000	11 484 000	11 643 000	11 702 000
Total Retained Equity	1 558 000	1 636 000	1 708 000	1 411 000
Total Equity	5 552 000	5 631 000	5 702 000	5 406 000
Total Long-Term Debt	5 288 000	5 513 000	5 625 000	6 000 000
Total Current Debt	376 000	341 000	316 000	296 000
Total Equity and Debt	11 216 000	11 484 000	11 643 000	11 702 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	557 000	405 000	0	0
Other Income	0	10 000	840 000	840 000
Revenue	557 000	415 000	840 000	840 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	182 000	181 000	181 000	181 000
Impairment	0	0	0	0
Expenditure	418 000	321 000	250 000	285 000
Operating Profit	138 000	94 000	590 000	554 000
Financial Income	21 000	8 000	2 000	2 000
Financial Costs	236 000	173 000	194 000	237 000
Financial Balance	−215 000	−165 000	−192 000	−235 000
Dividends	0	0	0	0
Net Income	−78 000	−72 000	296 000	237 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 796 000	10 979 000	11 160 000	11 341 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 796 000	10 979 000	11 160 000	11 341 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 796 000	10 979 000	11 160 000	11 341 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 000	94 000	482 000	360 000
Total Current Assets	420 000	505 000	483 000	361 000
Total Assets	11 216 000	11 484 000	11 643 000	11 702 000
Total Equity	5 552 000	5 631 000	5 702 000	5 406 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 288 000	5 513 000	5 625 000	6 000 000
Creditors	36 000	57 000	3 000	3 000
Unpaid Taxes	96 000	77 000	199 000	190 000
Dividends	0	0	0	0
Other Current Debt	243 000	206 000	13 000	22 000
Total Current Debt	376 000	341 000	316 000	296 000
Total Equity and Debt	11 216 000	11 484 000	11 643 000	11 702 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,4 %	−1,28 %	5,19 %	4,38 %
Debt-to-Equity Ratio	0,95	0,98	0,99	1,11
Operating Profit Margin	24,78 %	22,65 %	70,24 %	65,95 %
Current Ratio	1,12	1,48	1,53	1,22
Quick Ratio	1,12	1,48	1,53	1,22
Equity Ratio	0,5	0,49	0,49	0,46
Gross Profit Margin	100 %	100 %	100 %	100 %