HOGNEST AS

4346 BRYNE

Finances

Return on Equity

18,24 %

Current Ratio

4,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 776 000	3 317 000	2 433 000	2 520 000
Net Income	501 000	1 227 000	649 000	662 000
Total Assets	3 374 000	3 267 000	1 825 000	1 568 000
Total Equity	2 746 000	2 496 000	1 269 000	920 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 776 000	3 317 000	2 433 000	2 520 000
Expenditure	1 849 000	1 879 000	1 640 000	1 672 000
Operating Profit	927 000	1 438 000	793 000	849 000
Financial Income	2 000	109 000	31 000	0
Financial Costs	215 000	0	0	0
Financial Balance	−213 000	109 000	31 000	0
Earnings Before Tax	714 000	1 547 000	824 000	850 000
Tax	213 000	321 000	175 000	187 000
Net Income	501 000	1 227 000	649 000	662 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	530 000	642 000	504 000	0
Total Current Assets	2 844 000	2 625 000	1 321 000	1 568 000
Total Assets	3 374 000	3 267 000	1 825 000	1 568 000
Total Retained Equity	2 716 000	2 466 000	1 239 000	890 000
Total Equity	2 746 000	2 496 000	1 269 000	920 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	628 000	771 000	556 000	648 000
Total Equity and Debt	3 374 000	3 267 000	1 825 000	1 568 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 776 000	3 317 000	2 433 000	2 500 000
Other Income	0	0	0	21 000
Revenue	2 776 000	3 317 000	2 433 000	2 520 000
Cost of Goods Sold	0	0	0	1 000
Salary Costs	1 571 000	1 553 000	1 477 000	1 482 000
Depreciation	62 000	62 000	62 000	26 000
Impairment	0	0	0	0
Expenditure	1 849 000	1 879 000	1 640 000	1 672 000
Operating Profit	927 000	1 438 000	793 000	849 000
Financial Income	2 000	109 000	31 000	0
Financial Costs	215 000	0	0	0
Financial Balance	−213 000	109 000	31 000	0
Dividends	250 000	0	300 000	400 000
Net Income	501 000	1 227 000	649 000	662 000

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	124 000	186 000	248 000	0
Total Tangible Assets	124 000	186 000	248 000	0
Total Fiancial Fixed Assets	406 000	456 000	256 000	0
Total Fixed Assets	530 000	642 000	504 000	0
Stock	0	0	0	0
Total Investments	1 254 000	1 309 000	340 000	0
Cash, Bank	1 141 000	536 000	426 000	1 092 000
Total Current Assets	2 844 000	2 625 000	1 321 000	1 568 000
Total Assets	3 374 000	3 267 000	1 825 000	1 568 000
Total Equity	2 746 000	2 496 000	1 269 000	920 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	8 000	4 000	5 000
Unpaid Taxes	241 000	277 000	241 000	318 000
Dividends	250 000	0	300 000	400 000
Other Current Debt	167 000	166 000	135 000	137 000
Total Current Debt	628 000	771 000	556 000	648 000
Total Equity and Debt	3 374 000	3 267 000	1 825 000	1 568 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,24 %	49,16 %	51,14 %	71,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	33,39 %	43,35 %	32,59 %	33,69 %
Current Ratio	4,53	3,4	2,38	2,42
Quick Ratio	4,53	3,4	2,38	2,42
Equity Ratio	0,81	0,76	0,7	0,59
Gross Profit Margin	100 %	100 %	100 %	99,96 %