HØGSETH PROSJEKT AS

3230 SANDEFJORD

Finances

Share Ownership

Return on Equity

302,65 %

Current Ratio

0,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 328 000	2 631 000	2 722 000	2 733 000
Net Income	572 000	782 000	771 000	1 095 000
Total Assets	1 193 000	1 515 000	1 690 000	1 991 000
Total Equity	189 000	67 000	285 000	264 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 328 000	2 631 000	2 722 000	2 733 000
Expenditure	1 600 000	1 631 000	1 722 000	1 356 000
Operating Profit	728 000	999 000	1 000 000	1 378 000
Financial Income	7 000	4 000	13 000	25 000
Financial Costs	1 000	0	22 000	0
Financial Balance	6 000	4 000	−9 000	25 000
Earnings Before Tax	734 000	1 003 000	991 000	1 403 000
Tax	163 000	221 000	220 000	309 000
Net Income	572 000	782 000	771 000	1 095 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	252 000	362 000	733 000	8 000
Total Current Assets	940 000	1 153 000	957 000	1 983 000
Total Assets	1 193 000	1 515 000	1 690 000	1 991 000
Total Retained Equity	159 000	37 000	255 000	234 000
Total Equity	189 000	67 000	285 000	264 000
Total Long-Term Debt	0	10 000	24 000	24 000
Total Current Debt	1 004 000	1 438 000	1 381 000	1 702 000
Total Equity and Debt	1 193 000	1 515 000	1 690 000	1 991 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 328 000	2 631 000	2 722 000	2 733 000
Other Income	0	0	0	0
Revenue	2 328 000	2 631 000	2 722 000	2 733 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 229 000	1 212 000	1 176 000	1 005 000
Depreciation	127 000	167 000	170 000	8 000
Impairment	0	0	0	0
Expenditure	1 600 000	1 631 000	1 722 000	1 356 000
Operating Profit	728 000	999 000	1 000 000	1 378 000
Financial Income	7 000	4 000	13 000	25 000
Financial Costs	1 000	0	22 000	0
Financial Balance	6 000	4 000	−9 000	25 000
Dividends	450 000	800 000	750 000	1 050 000
Net Income	572 000	782 000	771 000	1 095 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	251 000	362 000	733 000	8 000
Total Tangible Assets	251 000	362 000	733 000	8 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	252 000	362 000	733 000	8 000
Stock	0	0	0	0
Total Investments	0	0	0	1 021 000
Cash, Bank	882 000	1 106 000	836 000	890 000
Total Current Assets	940 000	1 153 000	957 000	1 983 000
Total Assets	1 193 000	1 515 000	1 690 000	1 991 000
Total Equity	189 000	67 000	285 000	264 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	10 000	24 000	24 000
Creditors	53 000	57 000	54 000	12 000
Unpaid Taxes	187 000	209 000	223 000	212 000
Dividends	450 000	800 000	750 000	1 050 000
Other Current Debt	140 000	137 000	133 000	119 000
Total Current Debt	1 004 000	1 438 000	1 381 000	1 702 000
Total Equity and Debt	1 193 000	1 515 000	1 690 000	1 991 000

Financial indicators	2022	2021	2020	2019
Return on Equity	302,65 %	1 167,16 %	270,53 %	414,77 %
Debt-to-Equity Ratio	0	0,15	0,08	0,09
Operating Profit Margin	31,27 %	37,97 %	36,74 %	50,42 %
Current Ratio	0,94	0,8	0,69	1,17
Quick Ratio	0,94	0,8	0,69	1,17
Equity Ratio	0,16	0,04	0,17	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %