HØGHEIM OPPLÆRING AS

6884 ØVRE ÅRDAL

Finances

Share Ownership

Return on Equity

20,46 %

Current Ratio

2,18

Debt-to-Equity Ratio

0,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 114 000	1 783 000	1 412 000	1 267 000
Net Income	134 000	123 000	175 000	−74 000
Total Assets	1 296 000	1 313 000	882 000	951 000
Total Equity	655 000	522 000	399 000	224 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 114 000	1 783 000	1 412 000	1 267 000
Expenditure	1 912 000	1 592 000	1 168 000	1 335 000
Operating Profit	203 000	190 000	245 000	−67 000
Financial Income	0	0	0	0
Financial Costs	27 000	27 000	18 000	28 000
Financial Balance	−27 000	−27 000	−18 000	−28 000
Earnings Before Tax	176 000	163 000	227 000	−95 000
Tax	42 000	40 000	52 000	−21 000
Net Income	134 000	123 000	175 000	−74 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	754 000	976 000	516 000	636 000
Total Current Assets	542 000	338 000	366 000	315 000
Total Assets	1 296 000	1 313 000	882 000	951 000
Total Retained Equity	625 000	492 000	369 000	194 000
Total Equity	655 000	522 000	399 000	224 000
Total Long-Term Debt	391 000	616 000	322 000	486 000
Total Current Debt	249 000	175 000	161 000	242 000
Total Equity and Debt	1 296 000	1 313 000	882 000	951 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 114 000	1 562 000	1 319 000	1 267 000
Other Income	0	221 000	94 000	0
Revenue	2 114 000	1 783 000	1 412 000	1 267 000
Cost of Goods Sold	0	15 000	77 000	32 000
Salary Costs	1 255 000	986 000	647 000	825 000
Depreciation	222 000	206 000	118 000	118 000
Impairment	0	0	0	0
Expenditure	1 912 000	1 592 000	1 168 000	1 335 000
Operating Profit	203 000	190 000	245 000	−67 000
Financial Income	0	0	0	0
Financial Costs	27 000	27 000	18 000	28 000
Financial Balance	−27 000	−27 000	−18 000	−28 000
Dividends	0	0	0	0
Net Income	134 000	123 000	175 000	−74 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	754 000	976 000	516 000	634 000
Total Tangible Assets	754 000	976 000	516 000	634 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	754 000	976 000	516 000	636 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	467 000	254 000	320 000	234 000
Total Current Assets	542 000	338 000	366 000	315 000
Total Assets	1 296 000	1 313 000	882 000	951 000
Total Equity	655 000	522 000	399 000	224 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	391 000	616 000	322 000	486 000
Creditors	8 000	2 000	−3 000	63 000
Unpaid Taxes	37 000	56 000	45 000	48 000
Dividends	0	0	0	0
Other Current Debt	141 000	115 000	107 000	131 000
Total Current Debt	249 000	175 000	161 000	242 000
Total Equity and Debt	1 296 000	1 313 000	882 000	951 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,46 %	23,56 %	43,86 %	−33,04 %
Debt-to-Equity Ratio	0,6	1,18	0,81	2,17
Operating Profit Margin	9,6 %	10,66 %	17,35 %	−5,29 %
Current Ratio	2,18	1,93	2,27	1,3
Quick Ratio	2,18	1,93	2,27	1,3
Equity Ratio	0,51	0,4	0,45	0,24
Gross Profit Margin	100 %	99,16 %	94,55 %	97,47 %