VESKEHUSET HØYER AS

4836 ARENDAL

Finances

Return on Equity

16,59 %

Current Ratio

1,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 538 000	18 893 000	15 441 000	18 933 000
Net Income	825 000	1 277 000	708 000	1 032 000
Total Assets	9 814 000	10 998 000	9 537 000	9 467 000
Total Equity	4 974 000	4 265 000	4 787 000	4 079 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 538 000	18 893 000	15 441 000	18 933 000
Expenditure	10 447 000	17 256 000	14 536 000	17 609 000
Operating Profit	1 091 000	1 638 000	905 000	1 324 000
Financial Income	18 000	14 000	27 000	32 000
Financial Costs	51 000	14 000	20 000	29 000
Financial Balance	−33 000	0	7 000	3 000
Earnings Before Tax	1 058 000	1 638 000	912 000	1 327 000
Tax	233 000	360 000	204 000	295 000
Net Income	825 000	1 277 000	708 000	1 032 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	292 000	0	13 000	86 000
Total Current Assets	9 522 000	10 998 000	9 525 000	9 381 000
Total Assets	9 814 000	10 998 000	9 537 000	9 467 000
Total Retained Equity	4 614 000	3 785 000	4 307 000	3 599 000
Total Equity	4 974 000	4 265 000	4 787 000	4 079 000
Total Long-Term Debt	0	60 000	85 000	89 000
Total Current Debt	4 840 000	6 673 000	4 665 000	5 299 000
Total Equity and Debt	9 814 000	10 998 000	9 537 000	9 467 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 538 000	18 778 000	15 344 000	18 933 000
Other Income	0	116 000	97 000	0
Revenue	11 538 000	18 893 000	15 441 000	18 933 000
Cost of Goods Sold	5 097 000	11 121 000	8 748 000	10 982 000
Salary Costs	3 737 000	4 145 000	3 759 000	4 445 000
Depreciation	7 000	13 000	73 000	73 000
Impairment	0	0	0	0
Expenditure	10 447 000	17 256 000	14 536 000	17 609 000
Operating Profit	1 091 000	1 638 000	905 000	1 324 000
Financial Income	18 000	14 000	27 000	32 000
Financial Costs	51 000	14 000	20 000	29 000
Financial Balance	−33 000	0	7 000	3 000
Dividends	0	1 800 000	0	0
Net Income	825 000	1 277 000	708 000	1 032 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	27 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	120 000	0	13 000	86 000
Total Tangible Assets	120 000	0	13 000	86 000
Total Fiancial Fixed Assets	145 000	0	0	0
Total Fixed Assets	292 000	0	13 000	86 000
Stock	2 513 000	3 236 000	3 559 000	3 701 000
Total Investments	0	0	0	0
Cash, Bank	5 520 000	7 320 000	5 828 000	5 313 000
Total Current Assets	9 522 000	10 998 000	9 525 000	9 381 000
Total Assets	9 814 000	10 998 000	9 537 000	9 467 000
Total Equity	4 974 000	4 265 000	4 787 000	4 079 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	60 000	85 000	89 000
Creditors	485 000	1 042 000	1 021 000	938 000
Unpaid Taxes	332 000	237 000	93 000	323 000
Dividends	0	1 800 000	0	0
Other Current Debt	3 703 000	3 209 000	3 344 000	3 744 000
Total Current Debt	4 840 000	6 673 000	4 665 000	5 299 000
Total Equity and Debt	9 814 000	10 998 000	9 537 000	9 467 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,59 %	29,94 %	14,79 %	25,3 %
Debt-to-Equity Ratio	0	0,01	0,02	0,02
Operating Profit Margin	9,46 %	8,67 %	5,86 %	6,99 %
Current Ratio	1,97	1,65	2,04	1,77
Quick Ratio	4,09	3,2	8,61	5,87
Equity Ratio	0,51	0,39	0,5	0,43
Gross Profit Margin	55,82 %	41,14 %	43,35 %	42 %