HØYSPENT VEST AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

35,52 %

Current Ratio

2,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 235 000	4 606 000	1 487 000	3 305 000
Net Income	628 000	432 000	−131 000	27 000
Total Assets	3 458 000	2 825 000	1 017 000	1 545 000
Total Equity	1 768 000	1 139 000	708 000	839 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 235 000	4 606 000	1 487 000	3 305 000
Expenditure	8 429 000	4 052 000	1 651 000	3 270 000
Operating Profit	806 000	555 000	−164 000	36 000
Financial Income	4 000	0	1 000	2 000
Financial Costs	1 000	0	0	0
Financial Balance	3 000	0	1 000	2 000
Earnings Before Tax	809 000	556 000	−163 000	37 000
Tax	181 000	124 000	−33 000	9 000
Net Income	628 000	432 000	−131 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 458 000	2 825 000	1 017 000	1 545 000
Total Assets	3 458 000	2 825 000	1 017 000	1 545 000
Total Retained Equity	1 738 000	1 109 000	678 000	809 000
Total Equity	1 768 000	1 139 000	708 000	839 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 690 000	1 686 000	309 000	707 000
Total Equity and Debt	3 458 000	2 825 000	1 017 000	1 545 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 235 000	4 606 000	1 487 000	3 305 000
Other Income	0	0	0	0
Revenue	9 235 000	4 606 000	1 487 000	3 305 000
Cost of Goods Sold	4 460 000	1 278 000	0	0
Salary Costs	3 189 000	2 275 000	1 374 000	2 870 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 429 000	4 052 000	1 651 000	3 270 000
Operating Profit	806 000	555 000	−164 000	36 000
Financial Income	4 000	0	1 000	2 000
Financial Costs	1 000	0	0	0
Financial Balance	3 000	0	1 000	2 000
Dividends	0	0	0	0
Net Income	628 000	432 000	−131 000	27 000

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	0	0	0	0
Cash, Bank	1 606 000	1 554 000	698 000	1 022 000
Total Current Assets	3 458 000	2 825 000	1 017 000	1 545 000
Total Assets	3 458 000	2 825 000	1 017 000	1 545 000
Total Equity	1 768 000	1 139 000	708 000	839 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	751 000	821 000	64 000	49 000
Unpaid Taxes	420 000	500 000	122 000	350 000
Dividends	0	0	0	0
Other Current Debt	338 000	241 000	123 000	298 000
Total Current Debt	1 690 000	1 686 000	309 000	707 000
Total Equity and Debt	3 458 000	2 825 000	1 017 000	1 545 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,52 %	37,93 %	−18,5 %	3,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,73 %	12,05 %	−11,03 %	1,09 %
Current Ratio	2,05	1,68	3,29	2,19
Quick Ratio	2,05	1,68	3,29	2,19
Equity Ratio	0,51	0,4	0,7	0,54
Gross Profit Margin	51,71 %	72,25 %	100 %	100 %