HØGFORSGST AS

2080 EIDSVOLL

Finances

Share Ownership

Return on Equity

1 120 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 558 000	19 323 000	14 689 000	13 080 000
Net Income	1 064 000	1 123 000	437 000	945 000
Total Assets	3 392 000	4 180 000	2 198 000	3 488 000
Total Equity	95 000	31 000	68 000	975 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 558 000	19 323 000	14 689 000	13 080 000
Expenditure	18 010 000	17 877 000	13 866 000	11 776 000
Operating Profit	1 547 000	1 446 000	822 000	1 304 000
Financial Income	125 000	234 000	135 000	26 000
Financial Costs	307 000	235 000	397 000	119 000
Financial Balance	−182 000	−1 000	−262 000	−93 000
Earnings Before Tax	1 366 000	1 445 000	561 000	1 211 000
Tax	302 000	321 000	124 000	266 000
Net Income	1 064 000	1 123 000	437 000	945 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	22 000	27 000	0
Total Current Assets	3 375 000	4 158 000	2 170 000	3 488 000
Total Assets	3 392 000	4 180 000	2 198 000	3 488 000
Total Retained Equity	65 000	1 000	38 000	945 000
Total Equity	95 000	31 000	68 000	975 000
Total Long-Term Debt	0	1 000	0	0
Total Current Debt	3 296 000	4 148 000	2 130 000	2 513 000
Total Equity and Debt	3 392 000	4 180 000	2 198 000	3 488 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 007 000	16 807 000	12 784 000	11 363 000
Other Income	2 551 000	2 516 000	1 905 000	1 717 000
Revenue	19 558 000	19 323 000	14 689 000	13 080 000
Cost of Goods Sold	16 668 000	16 523 000	12 504 000	11 250 000
Salary Costs	844 000	779 000	848 000	50 000
Depreciation	5 000	5 000	5 000	0
Impairment	0	0	0	0
Expenditure	18 010 000	17 877 000	13 866 000	11 776 000
Operating Profit	1 547 000	1 446 000	822 000	1 304 000
Financial Income	125 000	234 000	135 000	26 000
Financial Costs	307 000	235 000	397 000	119 000
Financial Balance	−182 000	−1 000	−262 000	−93 000
Dividends	1 000 000	1 160 000	400 000	0
Net Income	1 064 000	1 123 000	437 000	945 000

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	6 000	11 000	0
Total Tangible Assets	0	6 000	11 000	0
Total Fiancial Fixed Assets	16 000	16 000	16 000	0
Total Fixed Assets	17 000	22 000	27 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	714 000	1 276 000	666 000	1 983 000
Total Current Assets	3 375 000	4 158 000	2 170 000	3 488 000
Total Assets	3 392 000	4 180 000	2 198 000	3 488 000
Total Equity	95 000	31 000	68 000	975 000
Short-Term Group Debt	1 252 000	1 684 000	1 114 000	0
Total Long-Term Debt	0	1 000	0	0
Creditors	26 000	62 000	33 000	1 509 000
Unpaid Taxes	631 000	843 000	370 000	733 000
Dividends	1 000 000	1 160 000	400 000	0
Other Current Debt	85 000	78 000	90 000	5 000
Total Current Debt	3 296 000	4 148 000	2 130 000	2 513 000
Total Equity and Debt	3 392 000	4 180 000	2 198 000	3 488 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 120 %	3 622,58 %	642,65 %	96,92 %
Debt-to-Equity Ratio	0	0,03	0	0
Operating Profit Margin	7,91 %	7,48 %	5,6 %	9,97 %
Current Ratio	1,02	1	1,02	1,39
Quick Ratio	1,02	1	1,02	1,39
Equity Ratio	0,03	0,01	0,03	0,28
Gross Profit Margin	14,78 %	14,49 %	14,88 %	13,99 %