HØGT TIL FJELLS AS

7760 SNÅSA

Finances

Share Ownership

Return on Equity

−101,46 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 482 000	26 243 000	10 250 000	0
Net Income	−626 000	−899 000	−1 377 000	−751 000
Total Assets	11 964 000	3 234 000	3 142 000	11 716 000
Total Equity	617 000	1 242 000	−1 536 000	−160 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 482 000	26 243 000	10 250 000	0
Expenditure	18 831 000	27 634 000	749 000	1 745 000
Operating Profit	−625 000	−900 000	−1 007 000	−242 000
Financial Income	0	1 000	7 000	0
Financial Costs	0	0	376 000	510 000
Financial Balance	0	1 000	−369 000	−510 000
Earnings Before Tax	−626 000	−899 000	−1 377 000	−751 000
Tax	0	0	0	0
Net Income	−626 000	−899 000	−1 377 000	−751 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	28 000	9 000	0
Total Current Assets	11 964 000	3 207 000	3 134 000	11 716 000
Total Assets	11 964 000	3 234 000	3 142 000	11 716 000
Total Retained Equity	−4 061 000	−3 436 000	−2 536 000	−1 160 000
Total Equity	617 000	1 242 000	−1 536 000	−160 000
Total Long-Term Debt	0	0	0	7 500 000
Total Current Debt	11 347 000	1 992 000	4 679 000	4 375 000
Total Equity and Debt	11 964 000	3 234 000	3 142 000	11 716 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 033 000	26 243 000	10 250 000	0
Other Income	9 448 000	0	0	0
Revenue	19 482 000	26 243 000	10 250 000	0
Cost of Goods Sold	18 647 000	27 432 000	537 000	1 503 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	18 831 000	27 634 000	749 000	1 745 000
Operating Profit	−625 000	−900 000	−1 007 000	−242 000
Financial Income	0	1 000	7 000	0
Financial Costs	0	0	376 000	510 000
Financial Balance	0	1 000	−369 000	−510 000
Dividends	0	0	0	0
Net Income	−626 000	−899 000	−1 377 000	−751 000

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	28 000	9 000	0
Total Fixed Assets	0	28 000	9 000	0
Stock	1 934 000	2 635 000	1 999 000	11 623 000
Total Investments	0	0	0	0
Cash, Bank	220 000	322 000	1 134 000	93 000
Total Current Assets	11 964 000	3 207 000	3 134 000	11 716 000
Total Assets	11 964 000	3 234 000	3 142 000	11 716 000
Total Equity	617 000	1 242 000	−1 536 000	−160 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	7 500 000
Creditors	10 347 000	992 000	1 000	375 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000 000	1 000 000	4 678 000	4 000 000
Total Current Debt	11 347 000	1 992 000	4 679 000	4 375 000
Total Equity and Debt	11 964 000	3 234 000	3 142 000	11 716 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−101,46 %	−72,38 %	89,65 %	469,38 %
Debt-to-Equity Ratio	0	0	−0	−46,88
Operating Profit Margin	−3,21 %	−3,43 %	−9,82 %	-
Current Ratio	1,05	1,61	0,67	2,68
Quick Ratio	1,27	−4,99	1,17	−1,62
Equity Ratio	0,05	0,38	−0,49	−0,01
Gross Profit Margin	4,29 %	−4,53 %	94,76 %	-