HØGDAVEIEN 2 AS

1543 VESTBY

Finances

Share Ownership

Return on Equity

359,62 %

Current Ratio

2,03

Debt-to-Equity Ratio

4,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 197 000	952 000	946 000	3 455 000
Net Income	766 000	−1 520 000	−1 031 000	260 000
Total Assets	1 284 000	1 507 000	1 765 000	2 637 000
Total Equity	213 000	−553 000	968 000	1 999 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 197 000	952 000	946 000	3 455 000
Expenditure	146 000	2 811 000	2 268 000	3 121 000
Operating Profit	1 051 000	−1 858 000	−1 322 000	334 000
Financial Income	0	0	0	1 000
Financial Costs	69 000	91 000	0	1 000
Financial Balance	−69 000	−91 000	0	0
Earnings Before Tax	982 000	−1 949 000	−1 322 000	334 000
Tax	216 000	−429 000	−291 000	73 000
Net Income	766 000	−1 520 000	−1 031 000	260 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 048 000	1 288 000	957 000	866 000
Total Current Assets	236 000	220 000	808 000	1 771 000
Total Assets	1 284 000	1 507 000	1 765 000	2 637 000
Total Retained Equity	113 000	−653 000	868 000	1 899 000
Total Equity	213 000	−553 000	968 000	1 999 000
Total Long-Term Debt	954 000	1 957 000	0	122 000
Total Current Debt	116 000	103 000	797 000	516 000
Total Equity and Debt	1 284 000	1 507 000	1 765 000	2 637 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 000	−104 000	457 000	3 232 000
Other Income	1 183 000	1 056 000	489 000	223 000
Revenue	1 197 000	952 000	946 000	3 455 000
Cost of Goods Sold	0	1 000	34 000	394 000
Salary Costs	0	181 000	508 000	1 762 000
Depreciation	24 000	24 000	51 000	60 000
Impairment	0	0	0	0
Expenditure	146 000	2 811 000	2 268 000	3 121 000
Operating Profit	1 051 000	−1 858 000	−1 322 000	334 000
Financial Income	0	0	0	1 000
Financial Costs	69 000	91 000	0	1 000
Financial Balance	−69 000	−91 000	0	0
Dividends	0	0	0	0
Net Income	766 000	−1 520 000	−1 031 000	260 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	382 000	598 000	169 000	0
Real Eastate	666 000	690 000	714 000	764 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	75 000	102 000
Total Tangible Assets	666 000	690 000	788 000	866 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 048 000	1 288 000	957 000	866 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	123 000	147 000	646 000	1 095 000
Total Current Assets	236 000	220 000	808 000	1 771 000
Total Assets	1 284 000	1 507 000	1 765 000	2 637 000
Total Equity	213 000	−553 000	968 000	1 999 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	954 000	1 957 000	0	122 000
Creditors	37 000	6 000	873 000	57 000
Unpaid Taxes	32 000	28 000	−184 000	189 000
Dividends	0	0	0	0
Other Current Debt	48 000	69 000	108 000	190 000
Total Current Debt	116 000	103 000	797 000	516 000
Total Equity and Debt	1 284 000	1 507 000	1 765 000	2 637 000

Financial indicators	2022	2021	2020	2019
Return on Equity	359,62 %	274,86 %	−106,51 %	13,01 %
Debt-to-Equity Ratio	4,48	−3,54	0	0,06
Operating Profit Margin	87,8 %	−195,17 %	−139,75 %	9,67 %
Current Ratio	2,03	2,14	1,01	3,43
Quick Ratio	2,03	2,14	1,01	3,43
Equity Ratio	0,17	−0,37	0,55	0,76
Gross Profit Margin	100 %	99,89 %	96,41 %	88,6 %