HØGEFJELL INVEST AS

3804 BØ I TELEMARK

Finances

Share Ownership

Return on Equity

19,93 %

Current Ratio

2,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 891 000	5 996 000	4 875 000	1 159 000
Net Income	2 274 000	3 271 000	2 645 000	446 000
Total Assets	17 238 000	14 779 000	11 590 000	7 706 000
Total Equity	11 410 000	9 136 000	5 865 000	3 220 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 891 000	5 996 000	4 875 000	1 159 000
Expenditure	546 000	417 000	313 000	165 000
Operating Profit	2 929 000	4 203 000	3 532 000	641 000
Financial Income	47 000	9 000	6 000	6 000
Financial Costs	61 000	18 000	33 000	52 000
Financial Balance	−14 000	−9 000	−27 000	−46 000
Earnings Before Tax	2 915 000	4 194 000	3 505 000	596 000
Tax	641 000	923 000	860 000	150 000
Net Income	2 274 000	3 271 000	2 645 000	446 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	17 238 000	14 779 000	11 590 000	7 706 000
Total Assets	17 238 000	14 779 000	11 590 000	7 706 000
Total Retained Equity	11 160 000	8 886 000	5 615 000	2 970 000
Total Equity	11 410 000	9 136 000	5 865 000	3 220 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 828 000	5 642 000	5 725 000	4 486 000
Total Equity and Debt	17 238 000	14 779 000	11 590 000	7 706 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 891 000	5 996 000	4 875 000	1 159 000
Other Income	0	0	0	0
Revenue	4 891 000	5 996 000	4 875 000	1 159 000
Cost of Goods Sold	431 000	250 000	200 000	50 000
Salary Costs	0	81 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	546 000	417 000	313 000	165 000
Operating Profit	2 929 000	4 203 000	3 532 000	641 000
Financial Income	47 000	9 000	6 000	6 000
Financial Costs	61 000	18 000	33 000	52 000
Financial Balance	−14 000	−9 000	−27 000	−46 000
Dividends	0	0	0	0
Net Income	2 274 000	3 271 000	2 645 000	446 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	4 709 000	4 794 000	5 098 000	5 675 000
Total Investments	0	0	0	0
Cash, Bank	12 528 000	9 985 000	6 474 000	2 031 000
Total Current Assets	17 238 000	14 779 000	11 590 000	7 706 000
Total Assets	17 238 000	14 779 000	11 590 000	7 706 000
Total Equity	11 410 000	9 136 000	5 865 000	3 220 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	96 000	22 000	30 000	10 000
Unpaid Taxes	0	1 000	0	0
Dividends	0	0	0	0
Other Current Debt	5 090 000	4 697 000	4 835 000	4 326 000
Total Current Debt	5 828 000	5 642 000	5 725 000	4 486 000
Total Equity and Debt	17 238 000	14 779 000	11 590 000	7 706 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,93 %	35,8 %	45,1 %	13,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	59,89 %	70,1 %	72,45 %	55,31 %
Current Ratio	2,96	2,62	2,02	1,72
Quick Ratio	15,4	17,43	18,48	−6,48
Equity Ratio	0,66	0,62	0,51	0,42
Gross Profit Margin	91,19 %	95,83 %	95,9 %	95,69 %