HØGØYSUNDET AS

5355 KNARREVIK

Finances

Share Ownership

Return on Equity

20 %

Current Ratio

0,5

Debt-to-Equity Ratio

−0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	92 000	70 000	90 000	50 000
Net Income	−12 000	−8 000	3 000	−40 000
Total Assets	335 000	350 000	267 000	223 000
Total Equity	−60 000	−48 000	−41 000	−44 000

Income (NOK)	2022	2021	2020	2019
Revenue	92 000	70 000	90 000	50 000
Expenditure	107 000	78 000	81 000	100 000
Operating Profit	−15 000	−9 000	8 000	−50 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	5 000	2 000
Financial Balance	0	−1 000	−5 000	−2 000
Earnings Before Tax	−15 000	−10 000	4 000	−52 000
Tax	−3 000	−2 000	1 000	−11 000
Net Income	−12 000	−8 000	3 000	−40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	139 000	149 000	159 000	170 000
Total Current Assets	196 000	201 000	108 000	54 000
Total Assets	335 000	350 000	267 000	223 000
Total Retained Equity	−90 000	−78 000	−71 000	−74 000
Total Equity	−60 000	−48 000	−41 000	−44 000
Total Long-Term Debt	4 000	7 000	10 000	9 000
Total Current Debt	392 000	391 000	299 000	258 000
Total Equity and Debt	335 000	350 000	267 000	223 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	92 000	70 000	90 000	50 000
Revenue	92 000	70 000	90 000	50 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 000	0	0	0
Depreciation	10 000	10 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	107 000	78 000	81 000	100 000
Operating Profit	−15 000	−9 000	8 000	−50 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	5 000	2 000
Financial Balance	0	−1 000	−5 000	−2 000
Dividends	0	0	0	0
Net Income	−12 000	−8 000	3 000	−40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	139 000	149 000	159 000	170 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	139 000	149 000	159 000	170 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	139 000	149 000	159 000	170 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	170 000	113 000	18 000	4 000
Total Current Assets	196 000	201 000	108 000	54 000
Total Assets	335 000	350 000	267 000	223 000
Total Equity	−60 000	−48 000	−41 000	−44 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	7 000	10 000	9 000
Creditors	11 000	17 000	7 000	9 000
Unpaid Taxes	15 000	14 000	0	0
Dividends	0	0	0	0
Other Current Debt	365 000	359 000	291 000	249 000
Total Current Debt	392 000	391 000	299 000	258 000
Total Equity and Debt	335 000	350 000	267 000	223 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20 %	16,67 %	−7,32 %	90,91 %
Debt-to-Equity Ratio	−0,07	−0,15	−0,24	−0,2
Operating Profit Margin	−16,3 %	−12,86 %	8,89 %	−100 %
Current Ratio	0,5	0,51	0,36	0,21
Quick Ratio	0,5	0,51	0,36	0,21
Equity Ratio	−0,18	−0,14	−0,15	−0,2
Gross Profit Margin	100 %	100 %	100 %	100 %