HØGMYR AS

2332 ÅSVANG

Finances

Return on Equity

8,67 %

Current Ratio

4,6

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 769 000	3 661 000	3 223 000	3 195 000
Net Income	1 815 000	−52 000	6 053 000	2 839 000
Total Assets	22 238 000	21 457 000	22 244 000	21 074 000
Total Equity	20 933 000	19 118 000	19 170 000	19 117 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 769 000	3 661 000	3 223 000	3 195 000
Expenditure	1 616 000	1 318 000	1 358 000	1 219 000
Operating Profit	2 153 000	2 344 000	1 865 000	1 975 000
Financial Income	497 000	3 147 000	4 736 000	1 347 000
Financial Costs	349 000	5 331 000	133 000	42 000
Financial Balance	148 000	−2 184 000	4 603 000	1 305 000
Earnings Before Tax	2 301 000	160 000	6 468 000	3 279 000
Tax	486 000	212 000	415 000	441 000
Net Income	1 815 000	−52 000	6 053 000	2 839 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 019 000	16 227 000	11 387 000	11 668 000
Total Current Assets	5 220 000	5 230 000	10 857 000	9 406 000
Total Assets	22 238 000	21 457 000	22 244 000	21 074 000
Total Retained Equity	18 094 000	16 279 000	16 331 000	10 278 000
Total Equity	20 933 000	19 118 000	19 170 000	19 117 000
Total Long-Term Debt	169 000	143 000	374 000	390 000
Total Current Debt	1 136 000	2 196 000	2 700 000	1 567 000
Total Equity and Debt	22 238 000	21 457 000	22 244 000	21 074 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 740 000	3 652 000	3 223 000	3 195 000
Other Income	29 000	9 000	0	0
Revenue	3 769 000	3 661 000	3 223 000	3 195 000
Cost of Goods Sold	0	0	0	0
Salary Costs	383 000	320 000	289 000	290 000
Depreciation	520 000	300 000	280 000	280 000
Impairment	0	0	0	0
Expenditure	1 616 000	1 318 000	1 358 000	1 219 000
Operating Profit	2 153 000	2 344 000	1 865 000	1 975 000
Financial Income	497 000	3 147 000	4 736 000	1 347 000
Financial Costs	349 000	5 331 000	133 000	42 000
Financial Balance	148 000	−2 184 000	4 603 000	1 305 000
Dividends	0	0	0	0
Net Income	1 815 000	−52 000	6 053 000	2 839 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	17 019 000	16 227 000	11 387 000	11 668 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	17 019 000	16 227 000	11 387 000	11 668 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 019 000	16 227 000	11 387 000	11 668 000
Stock	0	0	0	0
Total Investments	85 000	1 481 000	7 425 000	3 419 000
Cash, Bank	4 857 000	3 033 000	2 886 000	5 326 000
Total Current Assets	5 220 000	5 230 000	10 857 000	9 406 000
Total Assets	22 238 000	21 457 000	22 244 000	21 074 000
Total Equity	20 933 000	19 118 000	19 170 000	19 117 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	169 000	143 000	374 000	390 000
Creditors	64 000	6 000	15 000	35 000
Unpaid Taxes	27 000	20 000	154 000	124 000
Dividends	0	0	0	0
Other Current Debt	585 000	1 727 000	2 100 000	961 000
Total Current Debt	1 136 000	2 196 000	2 700 000	1 567 000
Total Equity and Debt	22 238 000	21 457 000	22 244 000	21 074 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,67 %	−0,27 %	31,58 %	14,85 %
Debt-to-Equity Ratio	0,01	0,01	0,02	0,02
Operating Profit Margin	57,12 %	64,03 %	57,87 %	61,82 %
Current Ratio	4,6	2,38	4,02	6
Quick Ratio	4,6	2,38	4,02	6
Equity Ratio	0,94	0,89	0,86	0,91
Gross Profit Margin	100 %	100 %	100 %	100 %