HØGENÆS & STEINE AS

5600 NORHEIMSUND

Finances

Return on Equity

31,03 %

Current Ratio

3,41

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 338 000	1 246 000	1 153 000	1 185 000
Net Income	1 312 000	1 463 000	1 234 000	864 000
Total Assets	6 300 000	5 615 000	5 138 000	6 020 000
Total Equity	4 228 000	3 554 000	3 280 000	3 031 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 338 000	1 246 000	1 153 000	1 185 000
Expenditure	1 673 000	1 343 000	1 197 000	1 190 000
Operating Profit	−335 000	−97 000	−44 000	−5 000
Financial Income	1 613 000	1 562 000	1 296 000	1 211 000
Financial Costs	32 000	15 000	18 000	342 000
Financial Balance	1 581 000	1 547 000	1 278 000	869 000
Earnings Before Tax	1 245 000	1 449 000	1 235 000	863 000
Tax	−67 000	−13 000	0	0
Net Income	1 312 000	1 463 000	1 234 000	864 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 494 000	1 597 000	1 618 000	1 502 000
Total Current Assets	4 805 000	4 018 000	3 520 000	4 518 000
Total Assets	6 300 000	5 615 000	5 138 000	6 020 000
Total Retained Equity	3 549 000	2 875 000	2 601 000	2 352 000
Total Equity	4 228 000	3 554 000	3 280 000	3 031 000
Total Long-Term Debt	664 000	627 000	661 000	1 988 000
Total Current Debt	1 408 000	1 434 000	1 196 000	1 002 000
Total Equity and Debt	6 300 000	5 615 000	5 138 000	6 020 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	204 000	375 000	351 000	347 000
Other Income	1 134 000	872 000	803 000	837 000
Revenue	1 338 000	1 246 000	1 153 000	1 185 000
Cost of Goods Sold	0	0	0	0
Salary Costs	810 000	770 000	764 000	743 000
Depreciation	32 000	30 000	26 000	37 000
Impairment	0	0	0	0
Expenditure	1 673 000	1 343 000	1 197 000	1 190 000
Operating Profit	−335 000	−97 000	−44 000	−5 000
Financial Income	1 613 000	1 562 000	1 296 000	1 211 000
Financial Costs	32 000	15 000	18 000	342 000
Financial Balance	1 581 000	1 547 000	1 278 000	869 000
Dividends	0	0	0	0
Net Income	1 312 000	1 463 000	1 234 000	864 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	274 000	366 000	357 000	361 000
Real Eastate	529 000	559 000	590 000	469 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	31 000	11 000	11 000	11 000
Total Tangible Assets	560 000	570 000	600 000	479 000
Total Fiancial Fixed Assets	661 000	661 000	661 000	661 000
Total Fixed Assets	1 494 000	1 597 000	1 618 000	1 502 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 949 000	3 870 000	3 369 000	4 390 000
Total Current Assets	4 805 000	4 018 000	3 520 000	4 518 000
Total Assets	6 300 000	5 615 000	5 138 000	6 020 000
Total Equity	4 228 000	3 554 000	3 280 000	3 031 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	664 000	627 000	661 000	1 988 000
Creditors	21 000	47 000	7 000	15 000
Unpaid Taxes	74 000	78 000	81 000	89 000
Dividends	0	0	0	0
Other Current Debt	1 313 000	1 308 000	1 109 000	898 000
Total Current Debt	1 408 000	1 434 000	1 196 000	1 002 000
Total Equity and Debt	6 300 000	5 615 000	5 138 000	6 020 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,03 %	41,16 %	37,62 %	28,51 %
Debt-to-Equity Ratio	0,16	0,18	0,2	0,66
Operating Profit Margin	−25,04 %	−7,78 %	−3,82 %	−0,42 %
Current Ratio	3,41	2,8	2,94	4,51
Quick Ratio	3,41	2,8	2,94	4,51
Equity Ratio	0,67	0,63	0,64	0,5
Gross Profit Margin	100 %	100 %	100 %	100 %