HÖGANÄS BORGESTAD AS

3712 SKIEN

Finances

Share Ownership

Return on Equity

13,51 %

Current Ratio

1,47

Debt-to-Equity Ratio

0,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	235 259 000	232 302 000	209 408 000	215 975 000
Net Income	3 680 000	7 466 000	5 575 000	4 783 000
Total Assets	92 115 000	102 094 000	101 452 000	104 741 000
Total Equity	27 235 000	30 767 000	35 605 000	30 162 000

Income (NOK)	2022	2021	2020	2019
Revenue	235 259 000	232 302 000	209 408 000	215 975 000
Expenditure	230 860 000	221 810 000	201 202 000	208 170 000
Operating Profit	4 399 000	10 493 000	8 206 000	7 805 000
Financial Income	189 000	0	16 000	371 000
Financial Costs	1 173 000	921 000	1 070 000	1 151 000
Financial Balance	−984 000	−921 000	−1 054 000	−780 000
Earnings Before Tax	3 414 000	9 572 000	7 152 000	7 025 000
Tax	−265 000	2 106 000	1 577 000	2 242 000
Net Income	3 680 000	7 466 000	5 575 000	4 783 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 495 000	35 257 000	30 351 000	25 544 000
Total Current Assets	78 620 000	66 836 000	71 102 000	79 197 000
Total Assets	92 115 000	102 094 000	101 452 000	104 741 000
Total Retained Equity	5 708 000	9 225 000	14 063 000	8 620 000
Total Equity	27 235 000	30 767 000	35 605 000	30 162 000
Total Long-Term Debt	11 474 000	17 390 000	1 574 000	639 000
Total Current Debt	53 406 000	53 937 000	64 273 000	73 940 000
Total Equity and Debt	92 115 000	102 094 000	101 452 000	104 741 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	234 933 000	232 288 000	209 621 000	214 155 000
Other Income	325 000	14 000	−214 000	1 820 000
Revenue	235 259 000	232 302 000	209 408 000	215 975 000
Cost of Goods Sold	131 532 000	130 574 000	120 673 000	120 985 000
Salary Costs	62 406 000	58 948 000	54 537 000	58 603 000
Depreciation	1 375 000	1 597 000	833 000	648 000
Impairment	0	0	0	0
Expenditure	230 860 000	221 810 000	201 202 000	208 170 000
Operating Profit	4 399 000	10 493 000	8 206 000	7 805 000
Financial Income	189 000	0	16 000	371 000
Financial Costs	1 173 000	921 000	1 070 000	1 151 000
Financial Balance	−984 000	−921 000	−1 054 000	−780 000
Dividends	0	12 150 000	0	0
Net Income	3 680 000	7 466 000	5 575 000	4 783 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 131 000	16 196 000	11 114 000	3 382 000
Machinery and Plant Facilities	2 943 000	3 994 000	3 701 000	3 024 000
Fixtures	0	0	0	0
Total Tangible Assets	13 074 000	20 190 000	14 815 000	6 406 000
Total Fiancial Fixed Assets	421 000	15 067 000	15 536 000	19 138 000
Total Fixed Assets	13 495 000	35 257 000	30 351 000	25 544 000
Stock	22 075 000	20 004 000	19 354 000	14 898 000
Total Investments	0	0	0	0
Cash, Bank	1 748 000	9 249 000	8 266 000	22 841 000
Total Current Assets	78 620 000	66 836 000	71 102 000	79 197 000
Total Assets	92 115 000	102 094 000	101 452 000	104 741 000
Total Equity	27 235 000	30 767 000	35 605 000	30 162 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 474 000	17 390 000	1 574 000	639 000
Creditors	21 306 000	20 828 000	16 820 000	17 391 000
Unpaid Taxes	10 832 000	9 948 000	12 540 000	10 601 000
Dividends	0	12 150 000	0	0
Other Current Debt	20 668 000	21 109 000	15 303 000	27 537 000
Total Current Debt	53 406 000	53 937 000	64 273 000	73 940 000
Total Equity and Debt	92 115 000	102 094 000	101 452 000	104 741 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,51 %	24,27 %	15,66 %	15,86 %
Debt-to-Equity Ratio	0,42	0,57	0,04	0,02
Operating Profit Margin	1,87 %	4,52 %	3,92 %	3,61 %
Current Ratio	1,47	1,24	1,11	1,07
Quick Ratio	2,51	1,97	1,58	1,34
Equity Ratio	0,3	0,3	0,35	0,29
Gross Profit Margin	44,09 %	43,79 %	42,37 %	43,98 %