HØGEBAKKEN EIENDOM AS

9470 GRATANGEN

Finances

Share Ownership

Return on Equity

4,1 %

Current Ratio

1,1

Debt-to-Equity Ratio

2,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	540 000	547 000	533 000	502 000
Net Income	57 000	64 000	45 000	−80 000
Total Assets	4 452 000	4 562 000	4 631 000	4 757 000
Total Equity	1 390 000	1 333 000	1 269 000	1 224 000

Income (NOK)	2022	2021	2020	2019
Revenue	540 000	547 000	533 000	502 000
Expenditure	360 000	383 000	379 000	424 000
Operating Profit	180 000	164 000	153 000	78 000
Financial Income	0	0	0	0
Financial Costs	123 000	100 000	108 000	158 000
Financial Balance	−123 000	−100 000	−108 000	−158 000
Earnings Before Tax	57 000	64 000	45 000	−80 000
Tax	0	0	0	0
Net Income	57 000	64 000	45 000	−80 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 383 000	4 488 000	4 593 000	4 570 000
Total Current Assets	69 000	74 000	38 000	188 000
Total Assets	4 452 000	4 562 000	4 631 000	4 757 000
Total Retained Equity	−360 000	−417 000	−481 000	−526 000
Total Equity	1 390 000	1 333 000	1 269 000	1 224 000
Total Long-Term Debt	3 000 000	3 160 000	3 319 000	3 480 000
Total Current Debt	63 000	69 000	43 000	53 000
Total Equity and Debt	4 452 000	4 562 000	4 631 000	4 757 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	540 000	547 000	533 000	502 000
Revenue	540 000	547 000	533 000	502 000
Cost of Goods Sold	0	0	0	14 000
Salary Costs	0	0	0	0
Depreciation	105 000	105 000	83 000	130 000
Impairment	0	0	0	0
Expenditure	360 000	383 000	379 000	424 000
Operating Profit	180 000	164 000	153 000	78 000
Financial Income	0	0	0	0
Financial Costs	123 000	100 000	108 000	158 000
Financial Balance	−123 000	−100 000	−108 000	−158 000
Dividends	0	0	0	0
Net Income	57 000	64 000	45 000	−80 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 275 000	4 360 000	4 445 000	4 402 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	108 000	128 000	148 000	168 000
Total Tangible Assets	4 383 000	4 488 000	4 593 000	4 570 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 383 000	4 488 000	4 593 000	4 570 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	60 000	24 000	28 000	165 000
Total Current Assets	69 000	74 000	38 000	188 000
Total Assets	4 452 000	4 562 000	4 631 000	4 757 000
Total Equity	1 390 000	1 333 000	1 269 000	1 224 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000 000	3 160 000	3 319 000	3 480 000
Creditors	35 000	41 000	36 000	23 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	28 000	28 000	8 000	30 000
Total Current Debt	63 000	69 000	43 000	53 000
Total Equity and Debt	4 452 000	4 562 000	4 631 000	4 757 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,1 %	4,8 %	3,55 %	−6,54 %
Debt-to-Equity Ratio	2,16	2,37	2,62	2,84
Operating Profit Margin	33,33 %	29,98 %	28,71 %	15,54 %
Current Ratio	1,1	1,07	0,88	3,55
Quick Ratio	1,1	1,07	0,88	3,55
Equity Ratio	0,31	0,29	0,27	0,26
Gross Profit Margin	100 %	100 %	100 %	97,21 %