HØGVANG BORETTSLAG

7340 OPPDAL

Finances

Share Ownership

Return on Equity

−8,58 %

Current Ratio

3,59

Debt-to-Equity Ratio

0,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	513 000	525 000	568 000	638 000
Net Income	−555 000	−69 000	17 000	182 000
Total Assets	11 327 000	10 871 000	11 573 000	11 095 000
Total Equity	6 470 000	7 024 000	7 093 000	7 076 000

Income (NOK)	2022	2021	2020	2019
Revenue	513 000	525 000	568 000	638 000
Expenditure	−1 029 000	−575 000	−530 000	−432 000
Operating Profit	−516 000	−50 000	38 000	206 000
Financial Income	6 000	0	1 000	2 000
Financial Costs	−45 000	−19 000	−22 000	−25 000
Financial Balance	51 000	19 000	23 000	27 000
Earnings Before Tax	−555 000	−69 000	17 000	182 000
Tax	0	0	0	0
Net Income	−555 000	−69 000	17 000	182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 810 000	10 810 000	10 810 000	10 810 000
Total Current Assets	517 000	61 000	763 000	285 000
Total Assets	11 327 000	10 871 000	11 573 000	11 095 000
Total Retained Equity	6 470 000	7 024 000	7 093 000	7 076 000
Total Equity	6 470 000	7 024 000	7 093 000	7 076 000
Total Long-Term Debt	4 714 000	3 773 000	3 841 000	3 906 000
Total Current Debt	144 000	74 000	639 000	113 000
Total Equity and Debt	11 327 000	10 871 000	11 573 000	11 095 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	513 000	525 000	568 000	638 000
Revenue	513 000	525 000	568 000	638 000
Cost of Goods Sold	0	0	0	0
Salary Costs	−29 000	−30 000	−9 000	−25 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−1 029 000	−575 000	−530 000	−432 000
Operating Profit	−516 000	−50 000	38 000	206 000
Financial Income	6 000	0	1 000	2 000
Financial Costs	−45 000	−19 000	−22 000	−25 000
Financial Balance	51 000	19 000	23 000	27 000
Dividends	0	0	0	0
Net Income	−555 000	−69 000	17 000	182 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 810 000	10 810 000	10 810 000	10 810 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 810 000	10 810 000	10 810 000	10 810 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 810 000	10 810 000	10 810 000	10 810 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	517 000	61 000	763 000	285 000
Total Current Assets	517 000	61 000	763 000	285 000
Total Assets	11 327 000	10 871 000	11 573 000	11 095 000
Total Equity	6 470 000	7 024 000	7 093 000	7 076 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 714 000	3 773 000	3 841 000	3 906 000
Creditors	76 000	25 000	627 000	68 000
Unpaid Taxes	1 000	10 000	10 000	9 000
Dividends	0	0	0	0
Other Current Debt	66 000	39 000	3 000	36 000
Total Current Debt	144 000	74 000	639 000	113 000
Total Equity and Debt	11 327 000	10 871 000	11 573 000	11 095 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,58 %	−0,98 %	0,24 %	2,57 %
Debt-to-Equity Ratio	0,73	0,54	0,54	0,55
Operating Profit Margin	−100,58 %	−9,52 %	6,69 %	32,29 %
Current Ratio	3,59	0,82	1,19	2,52
Quick Ratio	3,59	0,82	1,19	2,52
Equity Ratio	0,57	0,65	0,61	0,64
Gross Profit Margin	100 %	100 %	100 %	100 %