HIGTON BROS. AS

0653 OSLO

Finances

Share Ownership

Return on Equity

−194,83 %

Current Ratio

2,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 000	140 000	974 000	77 000
Net Income	−113 000	−39 000	200 000	−65 000
Total Assets	100 000	217 000	317 000	53 000
Total Equity	58 000	170 000	210 000	10 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 000	140 000	974 000	77 000
Expenditure	126 000	182 000	718 000	144 000
Operating Profit	−102 000	−42 000	255 000	−67 000
Financial Income	0	0	8 000	0
Financial Costs	10 000	0	22 000	1 000
Financial Balance	−10 000	0	−14 000	−1 000
Earnings Before Tax	−113 000	−42 000	241 000	−68 000
Tax	0	−3 000	41 000	−3 000
Net Income	−113 000	−39 000	200 000	−65 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	26 000	40 000	34 000
Total Current Assets	88 000	191 000	276 000	19 000
Total Assets	100 000	217 000	317 000	53 000
Total Retained Equity	23 000	136 000	175 000	−25 000
Total Equity	58 000	170 000	210 000	10 000
Total Long-Term Debt	0	0	3 000	0
Total Current Debt	42 000	46 000	104 000	44 000
Total Equity and Debt	100 000	217 000	317 000	53 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 000	140 000	974 000	77 000
Other Income	0	0	0	0
Revenue	24 000	140 000	974 000	77 000
Cost of Goods Sold	50 000	90 000	649 000	76 000
Salary Costs	0	0	0	0
Depreciation	14 000	14 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	126 000	182 000	718 000	144 000
Operating Profit	−102 000	−42 000	255 000	−67 000
Financial Income	0	0	8 000	0
Financial Costs	10 000	0	22 000	1 000
Financial Balance	−10 000	0	−14 000	−1 000
Dividends	0	0	0	0
Net Income	−113 000	−39 000	200 000	−65 000

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	0	0	0	0
Fixtures	12 000	26 000	40 000	34 000
Total Tangible Assets	12 000	26 000	40 000	34 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 000	26 000	40 000	34 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	87 000	73 000	154 000	19 000
Total Current Assets	88 000	191 000	276 000	19 000
Total Assets	100 000	217 000	317 000	53 000
Total Equity	58 000	170 000	210 000	10 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 000	0
Creditors	0	4 000	24 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	42 000	42 000	42 000	42 000
Total Current Debt	42 000	46 000	104 000	44 000
Total Equity and Debt	100 000	217 000	317 000	53 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−194,83 %	−22,94 %	95,24 %	−650 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	−425 %	−30 %	26,18 %	−87,01 %
Current Ratio	2,1	4,15	2,65	0,43
Quick Ratio	2,1	4,15	2,65	0,43
Equity Ratio	0,58	0,78	0,66	0,19
Gross Profit Margin	−108,33 %	35,71 %	33,37 %	1,3 %