HØGQUIST AS

5918 FREKHAUG

Finances

Share Ownership

Return on Equity

22,63 %

Current Ratio

5,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 859 000	3 181 000	2 130 000	2 122 000
Net Income	339 000	730 000	664 000	452 000
Total Assets	1 853 000	1 669 000	2 275 000	1 603 000
Total Equity	1 498 000	1 159 000	1 429 000	1 165 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 859 000	3 181 000	2 130 000	2 122 000
Expenditure	2 337 000	2 438 000	1 441 000	1 549 000
Operating Profit	522 000	744 000	690 000	572 000
Financial Income	98 000	150 000	127 000	8 000
Financial Costs	166 000	0	1 000	1 000
Financial Balance	−68 000	150 000	126 000	7 000
Earnings Before Tax	454 000	894 000	816 000	579 000
Tax	115 000	164 000	152 000	127 000
Net Income	339 000	730 000	664 000	452 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 853 000	1 669 000	2 275 000	1 603 000
Total Assets	1 853 000	1 669 000	2 275 000	1 603 000
Total Retained Equity	1 468 000	1 129 000	1 399 000	1 135 000
Total Equity	1 498 000	1 159 000	1 429 000	1 165 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	355 000	510 000	846 000	437 000
Total Equity and Debt	1 853 000	1 669 000	2 275 000	1 603 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 819 000	2 954 000	2 130 000	2 122 000
Other Income	40 000	228 000	0	0
Revenue	2 859 000	3 181 000	2 130 000	2 122 000
Cost of Goods Sold	0	0	1 000	0
Salary Costs	1 450 000	1 463 000	1 349 000	1 466 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 337 000	2 438 000	1 441 000	1 549 000
Operating Profit	522 000	744 000	690 000	572 000
Financial Income	98 000	150 000	127 000	8 000
Financial Costs	166 000	0	1 000	1 000
Financial Balance	−68 000	150 000	126 000	7 000
Dividends	0	1 000 000	400 000	0
Net Income	339 000	730 000	664 000	452 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	1 003 000	1 072 000	924 000	800 000
Cash, Bank	566 000	518 000	1 137 000	730 000
Total Current Assets	1 853 000	1 669 000	2 275 000	1 603 000
Total Assets	1 853 000	1 669 000	2 275 000	1 603 000
Total Equity	1 498 000	1 159 000	1 429 000	1 165 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	0	0	2 000
Unpaid Taxes	111 000	122 000	93 000	83 000
Dividends	0	1 000 000	400 000	0
Other Current Debt	126 000	223 000	201 000	225 000
Total Current Debt	355 000	510 000	846 000	437 000
Total Equity and Debt	1 853 000	1 669 000	2 275 000	1 603 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,63 %	62,99 %	46,47 %	38,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,26 %	23,39 %	32,39 %	26,96 %
Current Ratio	5,22	3,27	2,69	3,67
Quick Ratio	5,22	3,27	2,69	3,67
Equity Ratio	0,81	0,69	0,63	0,73
Gross Profit Margin	100 %	100 %	99,95 %	100 %