HØYUM QUALITAS AS

1615 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−6,29 %

Current Ratio

3,44

Debt-to-Equity Ratio

9,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 839 000	2 583 000	2 604 000	3 213 000
Net Income	−142 000	−169 000	233 000	511 000
Total Assets	24 199 000	25 115 000	20 936 000	20 084 000
Total Equity	2 258 000	2 400 000	2 305 000	2 071 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 839 000	2 583 000	2 604 000	3 213 000
Expenditure	2 347 000	2 369 000	1 791 000	1 983 000
Operating Profit	493 000	215 000	813 000	1 230 000
Financial Income	4 000	2 000	0	1 000
Financial Costs	677 000	351 000	514 000	574 000
Financial Balance	−673 000	−349 000	−514 000	−573 000
Earnings Before Tax	−180 000	−134 000	299 000	656 000
Tax	−38 000	35 000	66 000	144 000
Net Income	−142 000	−169 000	233 000	511 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 586 000	19 496 000	20 110 000	19 236 000
Total Current Assets	3 613 000	5 619 000	825 000	848 000
Total Assets	24 199 000	25 115 000	20 936 000	20 084 000
Total Retained Equity	2 158 000	2 300 000	2 205 000	1 971 000
Total Equity	2 258 000	2 400 000	2 305 000	2 071 000
Total Long-Term Debt	20 893 000	22 469 000	17 719 000	17 510 000
Total Current Debt	1 049 000	246 000	912 000	503 000
Total Equity and Debt	24 199 000	25 115 000	20 936 000	20 084 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	890 000	934 000	186 000	419 000
Other Income	1 950 000	1 649 000	2 417 000	2 794 000
Revenue	2 839 000	2 583 000	2 604 000	3 213 000
Cost of Goods Sold	211 000	116 000	26 000	152 000
Salary Costs	0	0	0	0
Depreciation	518 000	561 000	516 000	451 000
Impairment	0	0	0	0
Expenditure	2 347 000	2 369 000	1 791 000	1 983 000
Operating Profit	493 000	215 000	813 000	1 230 000
Financial Income	4 000	2 000	0	1 000
Financial Costs	677 000	351 000	514 000	574 000
Financial Balance	−673 000	−349 000	−514 000	−573 000
Dividends	0	0	0	0
Net Income	−142 000	−169 000	233 000	511 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	20 053 000	19 215 000	19 530 000	18 604 000
Machinery and Plant Facilities	503 000	246 000	94 000	468 000
Fixtures	30 000	36 000	487 000	0
Total Tangible Assets	20 586 000	19 496 000	20 110 000	19 072 000
Total Fiancial Fixed Assets	0	0	0	164 000
Total Fixed Assets	20 586 000	19 496 000	20 110 000	19 236 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	222 000	4 611 000	15 000	123 000
Total Current Assets	3 613 000	5 619 000	825 000	848 000
Total Assets	24 199 000	25 115 000	20 936 000	20 084 000
Total Equity	2 258 000	2 400 000	2 305 000	2 071 000
Short-Term Group Debt	0	0	0	338 000
Total Long-Term Debt	20 893 000	22 469 000	17 719 000	17 510 000
Creditors	660 000	71 000	578 000	134 000
Unpaid Taxes	−5 000	46 000	0	4 000
Dividends	0	0	0	0
Other Current Debt	394 000	129 000	84 000	27 000
Total Current Debt	1 049 000	246 000	912 000	503 000
Total Equity and Debt	24 199 000	25 115 000	20 936 000	20 084 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,29 %	−7,04 %	10,11 %	24,67 %
Debt-to-Equity Ratio	9,25	9,36	7,69	8,45
Operating Profit Margin	17,37 %	8,32 %	31,22 %	38,28 %
Current Ratio	3,44	22,84	0,9	1,69
Quick Ratio	3,44	22,84	0,9	1,69
Equity Ratio	0,09	0,1	0,11	0,1
Gross Profit Margin	92,57 %	95,51 %	99 %	95,27 %