HØIE UTVIKLING AS

1394 NESBRU

Finances

Return on Equity

−25,19 %

Current Ratio

2,91

Debt-to-Equity Ratio

11,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 272 000	1 738 000	1 223 000	824 000
Net Income	−2 120 000	−7 783 000	−738 000	−510 000
Total Assets	110 438 000	92 625 000	70 538 000	51 700 000
Total Equity	8 417 000	10 537 000	18 320 000	19 058 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 272 000	1 738 000	1 223 000	824 000
Expenditure	2 337 000	9 080 000	1 417 000	756 000
Operating Profit	−1 064 000	−7 342 000	−194 000	68 000
Financial Income	1 149 000	810 000	273 000	161 000
Financial Costs	2 803 000	1 507 000	1 025 000	883 000
Financial Balance	−1 654 000	−697 000	−752 000	−722 000
Earnings Before Tax	−2 718 000	−8 039 000	−946 000	−654 000
Tax	−598 000	−255 000	−208 000	−144 000
Net Income	−2 120 000	−7 783 000	−738 000	−510 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	104 040 000	81 496 000	55 689 000	38 458 000
Total Current Assets	6 398 000	11 129 000	14 849 000	13 242 000
Total Assets	110 438 000	92 625 000	70 538 000	51 700 000
Total Retained Equity	−9 903 000	−7 783 000	0	0
Total Equity	8 417 000	10 537 000	18 320 000	19 058 000
Total Long-Term Debt	99 821 000	81 636 000	0	0
Total Current Debt	2 199 000	451 000	52 217 000	32 642 000
Total Equity and Debt	110 438 000	92 625 000	70 538 000	51 700 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 000	3 000	2 000	196 000
Other Income	1 257 000	1 735 000	1 221 000	628 000
Revenue	1 272 000	1 738 000	1 223 000	824 000
Cost of Goods Sold	−317 000	3 000	0	196 000
Salary Costs	920 000	1 142 000	700 000	0
Depreciation	42 000	39 000	9 000	0
Impairment	0	0	0	0
Expenditure	2 337 000	9 080 000	1 417 000	756 000
Operating Profit	−1 064 000	−7 342 000	−194 000	68 000
Financial Income	1 149 000	810 000	273 000	161 000
Financial Costs	2 803 000	1 507 000	1 025 000	883 000
Financial Balance	−1 654 000	−697 000	−752 000	−722 000
Dividends	0	0	0	0
Net Income	−2 120 000	−7 783 000	−738 000	−510 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 206 000	607 000	352 000	144 000
Real Eastate	52 919 000	49 420 000	49 207 000	38 234 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	42 000	70 000	109 000	0
Total Tangible Assets	52 962 000	49 489 000	49 316 000	38 234 000
Total Fiancial Fixed Assets	49 872 000	31 399 000	6 021 000	80 000
Total Fixed Assets	104 040 000	81 496 000	55 689 000	38 458 000
Stock	5 877 000	0	0	0
Total Investments	0	9 623 000	0	0
Cash, Bank	286 000	1 166 000	1 076 000	542 000
Total Current Assets	6 398 000	11 129 000	14 849 000	13 242 000
Total Assets	110 438 000	92 625 000	70 538 000	51 700 000
Total Equity	8 417 000	10 537 000	18 320 000	19 058 000
Short-Term Group Debt	0	0	39 672 000	32 420 000
Total Long-Term Debt	99 821 000	81 636 000	0	0
Creditors	1 861 000	181 000	87 000	7 000
Unpaid Taxes	58 000	61 000	65 000	0
Dividends	0	0	0	0
Other Current Debt	280 000	210 000	393 000	215 000
Total Current Debt	2 199 000	451 000	52 217 000	32 642 000
Total Equity and Debt	110 438 000	92 625 000	70 538 000	51 700 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25,19 %	−73,86 %	−4,03 %	−2,68 %
Debt-to-Equity Ratio	11,86	7,75	0	0
Operating Profit Margin	−83,65 %	−422,44 %	−15,86 %	8,25 %
Current Ratio	2,91	24,68	0,28	0,41
Quick Ratio	−1,74	24,68	0,28	0,41
Equity Ratio	0,08	0,11	0,26	0,37
Gross Profit Margin	124,92 %	99,83 %	100 %	76,21 %