HOGNESAUNVEIEN 1 AS

1337 SANDVIKA

Finances

Share Ownership

Return on Equity

25 %

Current Ratio

6,57

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	618 000	533 000	551 000	500 000
Net Income	210 000	391 000	328 000	277 000
Total Assets	983 000	1 882 000	1 450 000	2 099 000
Total Equity	840 000	630 000	1 239 000	911 000

Income (NOK)	2022	2021	2020	2019
Revenue	618 000	533 000	551 000	500 000
Expenditure	359 000	40 000	145 000	163 000
Operating Profit	258 000	493 000	406 000	337 000
Financial Income	11 000	9 000	15 000	17 000
Financial Costs	0	0	1 000	0
Financial Balance	11 000	9 000	14 000	17 000
Earnings Before Tax	270 000	501 000	421 000	354 000
Tax	59 000	110 000	93 000	78 000
Net Income	210 000	391 000	328 000	277 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	109 000	111 000	113 000	115 000
Total Current Assets	874 000	1 771 000	1 337 000	1 984 000
Total Assets	983 000	1 882 000	1 450 000	2 099 000
Total Retained Equity	680 000	469 000	1 078 000	750 000
Total Equity	840 000	630 000	1 239 000	911 000
Total Long-Term Debt	10 000	10 000	10 000	10 000
Total Current Debt	133 000	1 242 000	200 000	1 178 000
Total Equity and Debt	983 000	1 882 000	1 450 000	2 099 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	618 000	533 000	0	0
Other Income	0	0	551 000	500 000
Revenue	618 000	533 000	551 000	500 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 000	2 000	2 000	2 000
Impairment	0	0	0	0
Expenditure	359 000	40 000	145 000	163 000
Operating Profit	258 000	493 000	406 000	337 000
Financial Income	11 000	9 000	15 000	17 000
Financial Costs	0	0	1 000	0
Financial Balance	11 000	9 000	14 000	17 000
Dividends	0	1 000 000	0	1 000 000
Net Income	210 000	391 000	328 000	277 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	109 000	111 000	113 000	115 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	109 000	111 000	113 000	115 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	109 000	111 000	113 000	115 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	719 000	1 138 000	718 000	1 276 000
Total Current Assets	874 000	1 771 000	1 337 000	1 984 000
Total Assets	983 000	1 882 000	1 450 000	2 099 000
Total Equity	840 000	630 000	1 239 000	911 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000	10 000	10 000	10 000
Creditors	1 000	1 000	0	1 000
Unpaid Taxes	72 000	130 000	108 000	101 000
Dividends	0	1 000 000	0	1 000 000
Other Current Debt	0	0	0	0
Total Current Debt	133 000	1 242 000	200 000	1 178 000
Total Equity and Debt	983 000	1 882 000	1 450 000	2 099 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25 %	62,06 %	26,47 %	30,41 %
Debt-to-Equity Ratio	0,01	0,02	0,01	0,01
Operating Profit Margin	41,75 %	92,5 %	73,68 %	67,4 %
Current Ratio	6,57	1,43	6,69	1,68
Quick Ratio	6,57	1,43	6,69	1,68
Equity Ratio	0,85	0,33	0,85	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %