HØYTOGLAVT AS

5700 VOSS

Finances

Share Ownership

Return on Equity

27,54 %

Current Ratio

0,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 420 000	716 000	774 000	1 268 000
Net Income	190 000	−64 000	157 000	191 000
Total Assets	1 024 000	1 057 000	972 000	595 000
Total Equity	690 000	500 000	564 000	408 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 420 000	716 000	774 000	1 268 000
Expenditure	1 155 000	778 000	564 000	1 008 000
Operating Profit	264 000	−61 000	211 000	261 000
Financial Income	0	0	0	0
Financial Costs	16 000	16 000	10 000	9 000
Financial Balance	−16 000	−16 000	−10 000	−9 000
Earnings Before Tax	248 000	−77 000	201 000	253 000
Tax	58 000	−13 000	44 000	62 000
Net Income	190 000	−64 000	157 000	191 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	816 000	942 000	895 000	383 000
Total Current Assets	208 000	115 000	77 000	212 000
Total Assets	1 024 000	1 057 000	972 000	595 000
Total Retained Equity	660 000	470 000	534 000	378 000
Total Equity	690 000	500 000	564 000	408 000
Total Long-Term Debt	0	272 000	355 000	70 000
Total Current Debt	334 000	284 000	53 000	117 000
Total Equity and Debt	1 024 000	1 057 000	972 000	595 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 420 000	716 000	774 000	1 262 000
Other Income	0	0	0	6 000
Revenue	1 420 000	716 000	774 000	1 268 000
Cost of Goods Sold	0	0	66 000	362 000
Salary Costs	295 000	193 000	29 000	239 000
Depreciation	274 000	261 000	155 000	88 000
Impairment	0	0	0	0
Expenditure	1 155 000	778 000	564 000	1 008 000
Operating Profit	264 000	−61 000	211 000	261 000
Financial Income	0	0	0	0
Financial Costs	16 000	16 000	10 000	9 000
Financial Balance	−16 000	−16 000	−10 000	−9 000
Dividends	0	0	0	0
Net Income	190 000	−64 000	157 000	191 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	77 000	0	0	0
Fixtures	739 000	942 000	895 000	383 000
Total Tangible Assets	816 000	942 000	895 000	383 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	816 000	942 000	895 000	383 000
Stock	0	85 000	0	0
Total Investments	0	0	0	0
Cash, Bank	143 000	0	1 000	1 000
Total Current Assets	208 000	115 000	77 000	212 000
Total Assets	1 024 000	1 057 000	972 000	595 000
Total Equity	690 000	500 000	564 000	408 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	272 000	355 000	70 000
Creditors	8 000	79 000	0	0
Unpaid Taxes	0	0	0	41 000
Dividends	0	0	0	0
Other Current Debt	268 000	134 000	18 000	27 000
Total Current Debt	334 000	284 000	53 000	117 000
Total Equity and Debt	1 024 000	1 057 000	972 000	595 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,54 %	−12,8 %	27,84 %	46,81 %
Debt-to-Equity Ratio	0	0,54	0,63	0,17
Operating Profit Margin	18,59 %	−8,52 %	27,26 %	20,58 %
Current Ratio	0,62	0,4	1,45	1,81
Quick Ratio	0,62	0,58	1,45	1,81
Equity Ratio	0,67	0,47	0,58	0,69
Gross Profit Margin	100 %	100 %	91,47 %	71,45 %