HØIEN AS

0171 OSLO

Finances

Share Ownership

Return on Equity

152,81 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 894 000	17 249 000	5 644 000	1 591 000
Net Income	2 587 000	3 797 000	988 000	411 000
Total Assets	8 686 000	10 512 000	4 099 000	1 183 000
Total Equity	1 693 000	1 606 000	609 000	461 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 894 000	17 249 000	5 644 000	1 591 000
Expenditure	10 595 000	12 368 000	4 371 000	1 063 000
Operating Profit	3 300 000	4 881 000	1 272 000	528 000
Financial Income	36 000	1 000	2 000	0
Financial Costs	18 000	14 000	6 000	1 000
Financial Balance	18 000	−13 000	−4 000	−1 000
Earnings Before Tax	3 318 000	4 868 000	1 268 000	528 000
Tax	731 000	1 071 000	280 000	116 000
Net Income	2 587 000	3 797 000	988 000	411 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 000	0	0	0
Total Current Assets	8 661 000	10 512 000	4 099 000	1 183 000
Total Assets	8 686 000	10 512 000	4 099 000	1 183 000
Total Retained Equity	1 643 000	1 556 000	559 000	411 000
Total Equity	1 693 000	1 606 000	609 000	461 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 993 000	8 906 000	3 490 000	721 000
Total Equity and Debt	8 686 000	10 512 000	4 099 000	1 183 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 894 000	16 970 000	6 505 000	1 591 000
Other Income	0	279 000	−861 000	0
Revenue	13 894 000	17 249 000	5 644 000	1 591 000
Cost of Goods Sold	3 175 000	3 986 000	829 000	209 000
Salary Costs	6 365 000	7 407 000	2 289 000	415 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	10 595 000	12 368 000	4 371 000	1 063 000
Operating Profit	3 300 000	4 881 000	1 272 000	528 000
Financial Income	36 000	1 000	2 000	0
Financial Costs	18 000	14 000	6 000	1 000
Financial Balance	18 000	−13 000	−4 000	−1 000
Dividends	2 500 000	2 800 000	840 000	0
Net Income	2 587 000	3 797 000	988 000	411 000

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	25 000	0	0	0
Total Tangible Assets	25 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	25 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 620 000	9 906 000	1 798 000	254 000
Total Current Assets	8 661 000	10 512 000	4 099 000	1 183 000
Total Assets	8 686 000	10 512 000	4 099 000	1 183 000
Total Equity	1 693 000	1 606 000	609 000	461 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	510 000	536 000	101 000	110 000
Unpaid Taxes	1 846 000	3 316 000	936 000	396 000
Dividends	2 500 000	2 800 000	840 000	0
Other Current Debt	3 906 000	1 183 000	1 332 000	100 000
Total Current Debt	6 993 000	8 906 000	3 490 000	721 000
Total Equity and Debt	8 686 000	10 512 000	4 099 000	1 183 000

Financial indicators	2022	2021	2020	2019
Return on Equity	152,81 %	236,43 %	162,23 %	89,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,75 %	28,3 %	22,54 %	33,19 %
Current Ratio	1,24	1,18	1,17	1,64
Quick Ratio	1,24	1,18	1,17	1,64
Equity Ratio	0,19	0,15	0,15	0,39
Gross Profit Margin	77,15 %	76,89 %	85,31 %	86,86 %