HØIVIK DESIGN AS

7320 FANNREM

Finances

Return on Equity

18,3 %

Current Ratio

5,91

Debt-to-Equity Ratio

0,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 164 000	2 251 000	2 394 000	2 093 000
Net Income	367 000	190 000	−25 000	−62 000
Total Assets	4 171 000	4 275 000	4 728 000	4 245 000
Total Equity	2 006 000	1 703 000	1 513 000	1 538 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 164 000	2 251 000	2 394 000	2 093 000
Expenditure	1 705 000	2 007 000	2 436 000	2 164 000
Operating Profit	460 000	244 000	−42 000	−73 000
Financial Income	19 000	1 000	21 000	27 000
Financial Costs	6 000	1 000	12 000	31 000
Financial Balance	13 000	0	9 000	−4 000
Earnings Before Tax	473 000	243 000	−33 000	−77 000
Tax	105 000	54 000	−7 000	−15 000
Net Income	367 000	190 000	−25 000	−62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	108 000	1 559 000	1 920 000	2 108 000
Total Current Assets	4 063 000	2 716 000	2 808 000	2 136 000
Total Assets	4 171 000	4 275 000	4 728 000	4 245 000
Total Retained Equity	1 141 000	898 000	708 000	733 000
Total Equity	2 006 000	1 703 000	1 513 000	1 538 000
Total Long-Term Debt	1 478 000	1 864 000	2 178 000	2 004 000
Total Current Debt	687 000	708 000	1 037 000	702 000
Total Equity and Debt	4 171 000	4 275 000	4 728 000	4 245 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 063 000	2 020 000	2 271 000	2 000 000
Other Income	101 000	231 000	122 000	93 000
Revenue	2 164 000	2 251 000	2 394 000	2 093 000
Cost of Goods Sold	139 000	495 000	815 000	397 000
Salary Costs	612 000	301 000	609 000	691 000
Depreciation	145 000	169 000	175 000	192 000
Impairment	0	0	0	0
Expenditure	1 705 000	2 007 000	2 436 000	2 164 000
Operating Profit	460 000	244 000	−42 000	−73 000
Financial Income	19 000	1 000	21 000	27 000
Financial Costs	6 000	1 000	12 000	31 000
Financial Balance	13 000	0	9 000	−4 000
Dividends	0	0	0	0
Net Income	367 000	190 000	−25 000	−62 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 000	26 000	51 000	44 000
Real Eastate	0	1 299 000	1 618 000	1 736 000
Machinery and Plant Facilities	0	94 000	111 000	132 000
Fixtures	32 000	140 000	140 000	196 000
Total Tangible Assets	32 000	1 533 000	1 869 000	2 065 000
Total Fiancial Fixed Assets	60 000	0	0	0
Total Fixed Assets	108 000	1 559 000	1 920 000	2 108 000
Stock	0	396 000	438 000	477 000
Total Investments	0	0	0	0
Cash, Bank	1 285 000	1 382 000	1 198 000	1 078 000
Total Current Assets	4 063 000	2 716 000	2 808 000	2 136 000
Total Assets	4 171 000	4 275 000	4 728 000	4 245 000
Total Equity	2 006 000	1 703 000	1 513 000	1 538 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 478 000	1 864 000	2 178 000	2 004 000
Creditors	128 000	108 000	197 000	4 000
Unpaid Taxes	246 000	194 000	186 000	148 000
Dividends	0	0	0	0
Other Current Debt	217 000	377 000	653 000	550 000
Total Current Debt	687 000	708 000	1 037 000	702 000
Total Equity and Debt	4 171 000	4 275 000	4 728 000	4 245 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,3 %	11,16 %	−1,65 %	−4,03 %
Debt-to-Equity Ratio	0,74	1,09	1,44	1,3
Operating Profit Margin	21,26 %	10,84 %	−1,75 %	−3,49 %
Current Ratio	5,91	3,84	2,71	3,04
Quick Ratio	5,91	8,71	4,69	9,49
Equity Ratio	0,48	0,4	0,32	0,36
Gross Profit Margin	93,58 %	78,01 %	65,96 %	81,03 %