HIGH LATITUDE HOLDINGS AS

1389 HEGGEDAL

Finances

Return on Equity

12,58 %

Current Ratio

16,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	403 000	384 000	1 977 000	420 000
Total Assets	3 304 000	3 627 000	3 395 000	2 095 000
Total Equity	3 204 000	3 582 000	3 343 000	2 050 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	23 000	16 000	15 000	18 000
Operating Profit	−23 000	−16 000	−15 000	−18 000
Financial Income	753 000	400 000	2 000 000	438 000
Financial Costs	327 000	0	0	0
Financial Balance	426 000	400 000	2 000 000	438 000
Earnings Before Tax	403 000	384 000	1 985 000	420 000
Tax	0	0	7 000	0
Net Income	403 000	384 000	1 977 000	420 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 647 000	1 647 000	1 647 000	1 647 000
Total Current Assets	1 657 000	1 981 000	1 749 000	449 000
Total Assets	3 304 000	3 627 000	3 395 000	2 095 000
Total Retained Equity	1 838 000	2 217 000	1 977 000	420 000
Total Equity	3 204 000	3 582 000	3 343 000	2 050 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	100 000	45 000	52 000	45 000
Total Equity and Debt	3 304 000	3 627 000	3 395 000	2 095 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	23 000	16 000	15 000	18 000
Operating Profit	−23 000	−16 000	−15 000	−18 000
Financial Income	753 000	400 000	2 000 000	438 000
Financial Costs	327 000	0	0	0
Financial Balance	426 000	400 000	2 000 000	438 000
Dividends	100 000	0	0	0
Net Income	403 000	384 000	1 977 000	420 000

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	1 647 000	1 647 000	1 647 000	1 647 000
Total Fixed Assets	1 647 000	1 647 000	1 647 000	1 647 000
Stock	0	0	0	0
Total Investments	502 000	828 000	0	0
Cash, Bank	306 000	352 000	947 000	47 000
Total Current Assets	1 657 000	1 981 000	1 749 000	449 000
Total Assets	3 304 000	3 627 000	3 395 000	2 095 000
Total Equity	3 204 000	3 582 000	3 343 000	2 050 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	100 000	0	0	0
Other Current Debt	0	45 000	45 000	45 000
Total Current Debt	100 000	45 000	52 000	45 000
Total Equity and Debt	3 304 000	3 627 000	3 395 000	2 095 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,58 %	10,72 %	59,14 %	20,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	16,57	44,02	33,63	9,98
Quick Ratio	16,57	44,02	33,63	9,98
Equity Ratio	0,97	0,99	0,98	0,98
Gross Profit Margin	-	-	-	-