HOGST AS

7031 TRONDHEIM

Finances

Share Ownership

Return on Equity

24,1 %

Current Ratio

1,32

Debt-to-Equity Ratio

3,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 985 000	5 350 000	3 249 000	5 433 000
Net Income	67 000	129 000	−210 000	509 000
Total Assets	4 164 000	2 098 000	1 703 000	1 332 000
Total Equity	278 000	212 000	83 000	293 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 985 000	5 350 000	3 249 000	5 433 000
Expenditure	6 908 000	5 212 000	3 465 000	4 934 000
Operating Profit	77 000	139 000	−217 000	500 000
Financial Income	20 000	19 000	20 000	23 000
Financial Costs	30 000	29 000	13 000	13 000
Financial Balance	−10 000	−10 000	7 000	10 000
Earnings Before Tax	67 000	129 000	−210 000	509 000
Tax	0	0	0	0
Net Income	67 000	129 000	−210 000	509 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	332 000	20 000	39 000	59 000
Total Current Assets	3 831 000	2 078 000	1 664 000	1 273 000
Total Assets	4 164 000	2 098 000	1 703 000	1 332 000
Total Retained Equity	−4 722 000	−4 788 000	−4 917 000	−4 707 000
Total Equity	278 000	212 000	83 000	293 000
Total Long-Term Debt	973 000	945 000	918 000	405 000
Total Current Debt	2 912 000	941 000	702 000	634 000
Total Equity and Debt	4 164 000	2 098 000	1 703 000	1 332 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 337 000	4 774 000	3 203 000	3 933 000
Other Income	1 649 000	577 000	46 000	1 500 000
Revenue	6 985 000	5 350 000	3 249 000	5 433 000
Cost of Goods Sold	0	0	80 000	400 000
Salary Costs	4 099 000	3 734 000	2 509 000	3 523 000
Depreciation	44 000	20 000	20 000	20 000
Impairment	0	0	0	0
Expenditure	6 908 000	5 212 000	3 465 000	4 934 000
Operating Profit	77 000	139 000	−217 000	500 000
Financial Income	20 000	19 000	20 000	23 000
Financial Costs	30 000	29 000	13 000	13 000
Financial Balance	−10 000	−10 000	7 000	10 000
Dividends	0	0	0	0
Net Income	67 000	129 000	−210 000	509 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	211 000	20 000	39 000	59 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	121 000	0	0	0
Total Tangible Assets	121 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	332 000	20 000	39 000	59 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 286 000	1 299 000	1 154 000	867 000
Total Current Assets	3 831 000	2 078 000	1 664 000	1 273 000
Total Assets	4 164 000	2 098 000	1 703 000	1 332 000
Total Equity	278 000	212 000	83 000	293 000
Short-Term Group Debt	93 000	0	0	0
Total Long-Term Debt	973 000	945 000	918 000	405 000
Creditors	314 000	144 000	72 000	59 000
Unpaid Taxes	303 000	427 000	321 000	260 000
Dividends	0	0	0	0
Other Current Debt	2 202 000	370 000	310 000	314 000
Total Current Debt	2 912 000	941 000	702 000	634 000
Total Equity and Debt	4 164 000	2 098 000	1 703 000	1 332 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,1 %	60,85 %	−253,01 %	173,72 %
Debt-to-Equity Ratio	3,5	4,46	11,06	1,38
Operating Profit Margin	1,1 %	2,6 %	−6,68 %	9,2 %
Current Ratio	1,32	2,21	2,37	2,01
Quick Ratio	1,32	2,21	2,37	2,01
Equity Ratio	0,07	0,1	0,05	0,22
Gross Profit Margin	100 %	100 %	97,54 %	92,64 %