ARVE HØGEMARK INVEST AS

4331 ÅLGÅRD

Finances

Return on Equity

29,43 %

Current Ratio

15,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	500 000	700 000	1 050 000	500 000
Net Income	1 048 000	1 405 000	783 000	370 000
Total Assets	3 798 000	2 845 000	2 298 000	1 259 000
Total Equity	3 561 000	2 513 000	1 808 000	1 026 000

Income (NOK)	2022	2021	2020	2019
Revenue	500 000	700 000	1 050 000	500 000
Expenditure	69 000	51 000	48 000	29 000
Operating Profit	431 000	649 000	1 002 000	471 000
Financial Income	722 000	906 000	4 000	4 000
Financial Costs	0	0	0	0
Financial Balance	722 000	906 000	4 000	4 000
Earnings Before Tax	1 154 000	1 555 000	1 006 000	475 000
Tax	106 000	150 000	223 000	104 000
Net Income	1 048 000	1 405 000	783 000	370 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	225 000	225 000	225 000	225 000
Total Current Assets	3 573 000	2 620 000	2 073 000	1 034 000
Total Assets	3 798 000	2 845 000	2 298 000	1 259 000
Total Retained Equity	3 531 000	2 483 000	1 778 000	996 000
Total Equity	3 561 000	2 513 000	1 808 000	1 026 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	237 000	331 000	490 000	233 000
Total Equity and Debt	3 798 000	2 845 000	2 298 000	1 259 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	500 000	700 000	1 050 000	500 000
Other Income	0	0	0	0
Revenue	500 000	700 000	1 050 000	500 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	69 000	51 000	48 000	29 000
Operating Profit	431 000	649 000	1 002 000	471 000
Financial Income	722 000	906 000	4 000	4 000
Financial Costs	0	0	0	0
Financial Balance	722 000	906 000	4 000	4 000
Dividends	0	700 000	0	0
Net Income	1 048 000	1 405 000	783 000	370 000

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	225 000	225 000	225 000	225 000
Total Fixed Assets	225 000	225 000	225 000	225 000
Stock	0	0	0	0
Total Investments	1 039 000	0	0	0
Cash, Bank	2 534 000	2 620 000	1 448 000	1 018 000
Total Current Assets	3 573 000	2 620 000	2 073 000	1 034 000
Total Assets	3 798 000	2 845 000	2 298 000	1 259 000
Total Equity	3 561 000	2 513 000	1 808 000	1 026 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	123 000	173 000	261 000	123 000
Dividends	0	700 000	0	0
Other Current Debt	8 000	8 000	6 000	6 000
Total Current Debt	237 000	331 000	490 000	233 000
Total Equity and Debt	3 798 000	2 845 000	2 298 000	1 259 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,43 %	55,91 %	43,31 %	36,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	86,2 %	92,71 %	95,43 %	94,2 %
Current Ratio	15,08	7,92	4,23	4,44
Quick Ratio	15,08	7,92	4,23	4,44
Equity Ratio	0,94	0,88	0,79	0,81
Gross Profit Margin	100 %	100 %	100 %	100 %