HØYERGRUPPEN AS

3933 PORSGRUNN

Finances

Return on Equity

41,99 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 135 000	27 013 000	17 677 000	18 693 000
Net Income	13 502 000	7 132 000	2 345 000	3 041 000
Total Assets	71 102 000	42 136 000	38 358 000	47 343 000
Total Equity	32 155 000	26 062 000	25 929 000	31 104 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 135 000	27 013 000	17 677 000	18 693 000
Expenditure	18 997 000	17 020 000	14 906 000	15 522 000
Operating Profit	14 139 000	9 992 000	2 770 000	3 172 000
Financial Income	3 245 000	1 320 000	2 551 000	2 284 000
Financial Costs	485 000	1 497 000	1 641 000	1 018 000
Financial Balance	2 760 000	−177 000	910 000	1 266 000
Earnings Before Tax	16 899 000	9 815 000	3 680 000	4 437 000
Tax	3 396 000	2 683 000	1 335 000	1 397 000
Net Income	13 502 000	7 132 000	2 345 000	3 041 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 617 000	16 944 000	19 920 000	22 625 000
Total Current Assets	56 485 000	25 193 000	18 438 000	24 717 000
Total Assets	71 102 000	42 136 000	38 358 000	47 343 000
Total Retained Equity	5 983 000	0	0	0
Total Equity	32 155 000	26 062 000	25 929 000	31 104 000
Total Long-Term Debt	0	287 000	287 000	287 000
Total Current Debt	38 948 000	15 787 000	12 141 000	15 952 000
Total Equity and Debt	71 102 000	42 136 000	38 358 000	47 343 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 795 000	27 013 000	17 052 000	18 314 000
Other Income	340 000	0	626 000	379 000
Revenue	33 135 000	27 013 000	17 677 000	18 693 000
Cost of Goods Sold	585 000	614 000	621 000	634 000
Salary Costs	12 905 000	11 266 000	9 336 000	9 657 000
Depreciation	2 997 000	2 993 000	2 972 000	2 985 000
Impairment	0	0	0	0
Expenditure	18 997 000	17 020 000	14 906 000	15 522 000
Operating Profit	14 139 000	9 992 000	2 770 000	3 172 000
Financial Income	3 245 000	1 320 000	2 551 000	2 284 000
Financial Costs	485 000	1 497 000	1 641 000	1 018 000
Financial Balance	2 760 000	−177 000	910 000	1 266 000
Dividends	7 000 000	7 000 000	6 000 000	5 000 000
Net Income	13 502 000	7 132 000	2 345 000	3 041 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	11 482 000	14 353 000	17 223 000	20 094 000
Total Intangible Assets	12 146 000	14 389 000	17 243 000	20 151 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	438 000	552 000	266 000
Fixtures	354 000	0	8 000	91 000
Total Tangible Assets	354 000	438 000	560 000	357 000
Total Fiancial Fixed Assets	2 117 000	2 117 000	2 117 000	2 117 000
Total Fixed Assets	14 617 000	16 944 000	19 920 000	22 625 000
Stock	9 740 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 188 000	14 312 000	10 618 000	8 118 000
Total Current Assets	56 485 000	25 193 000	18 438 000	24 717 000
Total Assets	71 102 000	42 136 000	38 358 000	47 343 000
Total Equity	32 155 000	26 062 000	25 929 000	31 104 000
Short-Term Group Debt	666 000	0	0	0
Total Long-Term Debt	0	287 000	287 000	287 000
Creditors	24 227 000	3 950 000	1 736 000	3 082 000
Unpaid Taxes	691 000	1 309 000	778 000	621 000
Dividends	7 000 000	7 000 000	6 000 000	5 000 000
Other Current Debt	2 486 000	1 210 000	2 758 000	7 248 000
Total Current Debt	38 948 000	15 787 000	12 141 000	15 952 000
Total Equity and Debt	71 102 000	42 136 000	38 358 000	47 343 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,99 %	27,37 %	9,04 %	9,78 %
Debt-to-Equity Ratio	0	0,01	0,01	0,01
Operating Profit Margin	42,67 %	36,99 %	15,67 %	16,97 %
Current Ratio	1,45	1,6	1,52	1,55
Quick Ratio	1,93	1,6	1,52	1,55
Equity Ratio	0,45	0,62	0,68	0,66
Gross Profit Margin	98,23 %	97,73 %	96,49 %	96,61 %