HOGGORM AS

5015 BERGEN

Finances

Share Ownership

Return on Equity

850,38 %

Current Ratio

0,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 855 000	11 822 000	10 409 000	13 736 000
Net Income	1 131 000	1 320 000	798 000	2 119 000
Total Assets	3 386 000	3 217 000	2 758 000	4 595 000
Total Equity	133 000	202 000	1 082 000	1 084 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 855 000	11 822 000	10 409 000	13 736 000
Expenditure	9 015 000	6 633 000	6 068 000	6 379 000
Operating Profit	1 450 000	1 694 000	1 038 000	2 789 000
Financial Income	2 000	0	4 000	1 000
Financial Costs	3 000	7 000	8 000	38 000
Financial Balance	−1 000	−7 000	−4 000	−37 000
Earnings Before Tax	1 450 000	1 688 000	1 034 000	2 752 000
Tax	319 000	367 000	236 000	633 000
Net Income	1 131 000	1 320 000	798 000	2 119 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 190 000	1 058 000	1 433 000	1 724 000
Total Current Assets	2 196 000	2 159 000	1 325 000	2 871 000
Total Assets	3 386 000	3 217 000	2 758 000	4 595 000
Total Retained Equity	103 000	172 000	1 052 000	1 054 000
Total Equity	133 000	202 000	1 082 000	1 084 000
Total Long-Term Debt	0	0	0	23 000
Total Current Debt	3 253 000	3 015 000	1 677 000	3 489 000
Total Equity and Debt	3 386 000	3 217 000	2 758 000	4 595 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 785 000	11 672 000	10 409 000	13 706 000
Other Income	70 000	150 000	0	30 000
Revenue	14 855 000	11 822 000	10 409 000	13 736 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 677 000	4 007 000	3 582 000	4 555 000
Depreciation	564 000	471 000	493 000	428 000
Impairment	0	0	0	0
Expenditure	9 015 000	6 633 000	6 068 000	6 379 000
Operating Profit	1 450 000	1 694 000	1 038 000	2 789 000
Financial Income	2 000	0	4 000	1 000
Financial Costs	3 000	7 000	8 000	38 000
Financial Balance	−1 000	−7 000	−4 000	−37 000
Dividends	1 200 000	1 200 000	0	1 300 000
Net Income	1 131 000	1 320 000	798 000	2 119 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	87 000	43 000	0	0
Real Eastate	450 000	700 000	981 000	1 238 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	653 000	315 000	452 000	486 000
Total Tangible Assets	1 103 000	1 016 000	1 433 000	1 724 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 190 000	1 058 000	1 433 000	1 724 000
Stock	491 000	226 000	185 000	220 000
Total Investments	0	0	0	0
Cash, Bank	1 407 000	1 805 000	667 000	2 525 000
Total Current Assets	2 196 000	2 159 000	1 325 000	2 871 000
Total Assets	3 386 000	3 217 000	2 758 000	4 595 000
Total Equity	133 000	202 000	1 082 000	1 084 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	23 000
Creditors	54 000	164 000	330 000	426 000
Unpaid Taxes	674 000	593 000	503 000	638 000
Dividends	1 200 000	1 200 000	0	1 300 000
Other Current Debt	2 162 000	1 848 000	584 000	1 815 000
Total Current Debt	3 253 000	3 015 000	1 677 000	3 489 000
Total Equity and Debt	3 386 000	3 217 000	2 758 000	4 595 000

Financial indicators	2022	2021	2020	2019
Return on Equity	850,38 %	653,47 %	73,75 %	195,48 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	9,76 %	14,33 %	9,97 %	20,3 %
Current Ratio	0,68	0,72	0,79	0,82
Quick Ratio	0,8	0,77	0,89	0,88
Equity Ratio	0,04	0,06	0,39	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %