HIG EIENDOMSFORVALTNING AS

6037 EIDSNES

Finances

Share Ownership

Return on Equity

34,94 %

Current Ratio

1,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 652 000	10 718 000	10 210 000	11 573 000
Net Income	796 000	−471 000	−605 000	767 000
Total Assets	5 824 000	4 108 000	4 630 000	5 545 000
Total Equity	2 278 000	1 481 000	1 952 000	2 557 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 652 000	10 718 000	10 210 000	11 573 000
Expenditure	13 680 000	11 341 000	11 016 000	10 636 000
Operating Profit	972 000	−622 000	−805 000	936 000
Financial Income	52 000	18 000	31 000	47 000
Financial Costs	2 000	0	1 000	0
Financial Balance	50 000	18 000	30 000	47 000
Earnings Before Tax	1 021 000	−604 000	−775 000	984 000
Tax	225 000	−133 000	−171 000	216 000
Net Income	796 000	−471 000	−605 000	767 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	185 000	387 000	292 000	32 000
Total Current Assets	5 639 000	3 721 000	4 338 000	5 513 000
Total Assets	5 824 000	4 108 000	4 630 000	5 545 000
Total Retained Equity	283 000	−513 000	−42 000	563 000
Total Equity	2 278 000	1 481 000	1 952 000	2 557 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	3 546 000	2 626 000	2 677 000	2 987 000
Total Equity and Debt	5 824 000	4 108 000	4 630 000	5 545 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 177 000	3 946 000	4 070 000	4 070 000
Other Income	9 475 000	6 772 000	6 140 000	7 503 000
Revenue	14 652 000	10 718 000	10 210 000	11 573 000
Cost of Goods Sold	8 933 000	7 223 000	7 015 000	6 548 000
Salary Costs	3 223 000	2 664 000	3 162 000	3 611 000
Depreciation	22 000	22 000	4 000	0
Impairment	0	0	0	0
Expenditure	13 680 000	11 341 000	11 016 000	10 636 000
Operating Profit	972 000	−622 000	−805 000	936 000
Financial Income	52 000	18 000	31 000	47 000
Financial Costs	2 000	0	1 000	0
Financial Balance	50 000	18 000	30 000	47 000
Dividends	0	0	0	0
Net Income	796 000	−471 000	−605 000	767 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	78 000	303 000	170 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	62 000	84 000	106 000	0
Total Tangible Assets	62 000	84 000	106 000	0
Total Fiancial Fixed Assets	44 000	0	16 000	32 000
Total Fixed Assets	185 000	387 000	292 000	32 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 875 000	3 056 000	1 984 000	3 699 000
Total Current Assets	5 639 000	3 721 000	4 338 000	5 513 000
Total Assets	5 824 000	4 108 000	4 630 000	5 545 000
Total Equity	2 278 000	1 481 000	1 952 000	2 557 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	2 117 000	1 812 000	1 539 000	1 570 000
Unpaid Taxes	622 000	204 000	211 000	342 000
Dividends	0	0	0	0
Other Current Debt	807 000	610 000	927 000	919 000
Total Current Debt	3 546 000	2 626 000	2 677 000	2 987 000
Total Equity and Debt	5 824 000	4 108 000	4 630 000	5 545 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,94 %	−31,8 %	−30,99 %	30 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,63 %	−5,8 %	−7,88 %	8,09 %
Current Ratio	1,59	1,42	1,62	1,85
Quick Ratio	1,59	1,42	1,62	1,85
Equity Ratio	0,39	0,36	0,42	0,46
Gross Profit Margin	39,03 %	32,61 %	31,29 %	43,42 %