HØEG AGENTUR AS

2100 SKARNES

Finances

Share Ownership

Return on Equity

8,65 %

Current Ratio

2,17

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 496 000	6 192 000	5 633 000	4 844 000
Net Income	191 000	446 000	374 000	163 000
Total Assets	4 100 000	3 409 000	3 160 000	2 936 000
Total Equity	2 209 000	2 018 000	1 572 000	1 198 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 496 000	6 192 000	5 633 000	4 844 000
Expenditure	6 399 000	5 738 000	5 263 000	4 582 000
Operating Profit	294 000	608 000	518 000	262 000
Financial Income	8 000	7 000	9 000	10 000
Financial Costs	50 000	43 000	47 000	62 000
Financial Balance	−42 000	−36 000	−38 000	−52 000
Earnings Before Tax	252 000	572 000	480 000	209 000
Tax	61 000	126 000	106 000	46 000
Net Income	191 000	446 000	374 000	163 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	440 000	0	0	0
Total Current Assets	3 659 000	3 409 000	3 160 000	2 936 000
Total Assets	4 100 000	3 409 000	3 160 000	2 936 000
Total Retained Equity	2 014 000	1 823 000	1 377 000	1 003 000
Total Equity	2 209 000	2 018 000	1 572 000	1 198 000
Total Long-Term Debt	201 000	268 000	164 000	285 000
Total Current Debt	1 690 000	1 123 000	1 424 000	1 453 000
Total Equity and Debt	4 100 000	3 409 000	3 160 000	2 936 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 548 000	5 077 000	4 636 000	3 787 000
Other Income	948 000	1 115 000	996 000	1 057 000
Revenue	6 496 000	6 192 000	5 633 000	4 844 000
Cost of Goods Sold	4 433 000	4 006 000	3 570 000	2 819 000
Salary Costs	1 110 000	938 000	955 000	1 048 000
Depreciation	110 000	0	0	0
Impairment	0	0	0	0
Expenditure	6 399 000	5 738 000	5 263 000	4 582 000
Operating Profit	294 000	608 000	518 000	262 000
Financial Income	8 000	7 000	9 000	10 000
Financial Costs	50 000	43 000	47 000	62 000
Financial Balance	−42 000	−36 000	−38 000	−52 000
Dividends	0	0	0	0
Net Income	191 000	446 000	374 000	163 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	440 000	0	0	0
Total Tangible Assets	440 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	440 000	0	0	0
Stock	3 047 000	2 850 000	2 697 000	2 550 000
Total Investments	0	0	0	0
Cash, Bank	24 000	41 000	15 000	9 000
Total Current Assets	3 659 000	3 409 000	3 160 000	2 936 000
Total Assets	4 100 000	3 409 000	3 160 000	2 936 000
Total Equity	2 209 000	2 018 000	1 572 000	1 198 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	201 000	268 000	164 000	285 000
Creditors	679 000	613 000	522 000	445 000
Unpaid Taxes	141 000	131 000	112 000	131 000
Dividends	0	0	0	0
Other Current Debt	719 000	234 000	507 000	524 000
Total Current Debt	1 690 000	1 123 000	1 424 000	1 453 000
Total Equity and Debt	4 100 000	3 409 000	3 160 000	2 936 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,65 %	22,1 %	23,79 %	13,61 %
Debt-to-Equity Ratio	0,09	0,13	0,1	0,24
Operating Profit Margin	4,53 %	9,82 %	9,2 %	5,41 %
Current Ratio	2,17	3,04	2,22	2,02
Quick Ratio	−2,7	−1,97	−2,48	−2,68
Equity Ratio	0,54	0,59	0,5	0,41
Gross Profit Margin	31,76 %	35,3 %	36,62 %	41,8 %