HIGH & LOW AS

2019 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

−7,83 %

Current Ratio

0,81

Debt-to-Equity Ratio

12,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 963 000	7 131 000	4 770 000	4 549 000
Net Income	−13 000	97 000	31 000	198 000
Total Assets	3 346 000	3 651 000	2 151 000	1 239 000
Total Equity	166 000	159 000	61 000	−271 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 963 000	7 131 000	4 770 000	4 549 000
Expenditure	5 888 000	7 011 000	4 710 000	4 253 000
Operating Profit	74 000	121 000	60 000	296 000
Financial Income	0	1 000	0	0
Financial Costs	54 000	32 000	19 000	21 000
Financial Balance	−54 000	−31 000	−19 000	−21 000
Earnings Before Tax	20 000	90 000	40 000	275 000
Tax	32 000	−8 000	9 000	77 000
Net Income	−13 000	97 000	31 000	198 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 437 000	2 248 000	1 417 000	629 000
Total Current Assets	909 000	1 403 000	735 000	610 000
Total Assets	3 346 000	3 651 000	2 151 000	1 239 000
Total Retained Equity	−159 000	−166 000	−263 000	−295 000
Total Equity	166 000	159 000	61 000	−271 000
Total Long-Term Debt	2 059 000	2 329 000	1 369 000	946 000
Total Current Debt	1 122 000	1 164 000	721 000	563 000
Total Equity and Debt	3 346 000	3 651 000	2 151 000	1 239 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 768 000	7 009 000	4 768 000	4 549 000
Other Income	195 000	123 000	3 000	0
Revenue	5 963 000	7 131 000	4 770 000	4 549 000
Cost of Goods Sold	539 000	995 000	512 000	884 000
Salary Costs	2 269 000	2 579 000	2 104 000	1 338 000
Depreciation	767 000	533 000	308 000	344 000
Impairment	0	139 000	0	0
Expenditure	5 888 000	7 011 000	4 710 000	4 253 000
Operating Profit	74 000	121 000	60 000	296 000
Financial Income	0	1 000	0	0
Financial Costs	54 000	32 000	19 000	21 000
Financial Balance	−54 000	−31 000	−19 000	−21 000
Dividends	0	0	0	0
Net Income	−13 000	97 000	31 000	198 000

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	860 000	1 012 000	630 000	0
Fixtures	1 567 000	1 226 000	776 000	618 000
Total Tangible Assets	2 427 000	2 238 000	1 406 000	618 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	2 437 000	2 248 000	1 417 000	629 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	89 000	1 115 000	236 000	29 000
Total Current Assets	909 000	1 403 000	735 000	610 000
Total Assets	3 346 000	3 651 000	2 151 000	1 239 000
Total Equity	166 000	159 000	61 000	−271 000
Short-Term Group Debt	0	0	0	48 000
Total Long-Term Debt	2 059 000	2 329 000	1 369 000	946 000
Creditors	408 000	556 000	181 000	10 000
Unpaid Taxes	263 000	345 000	307 000	110 000
Dividends	0	0	0	0
Other Current Debt	258 000	242 000	224 000	337 000
Total Current Debt	1 122 000	1 164 000	721 000	563 000
Total Equity and Debt	3 346 000	3 651 000	2 151 000	1 239 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,83 %	61,01 %	50,82 %	−73,06 %
Debt-to-Equity Ratio	12,4	14,65	22,44	−3,49
Operating Profit Margin	1,24 %	1,7 %	1,26 %	6,51 %
Current Ratio	0,81	1,21	1,02	1,08
Quick Ratio	0,81	1,21	1,02	1,08
Equity Ratio	0,05	0,04	0,03	−0,22
Gross Profit Margin	90,96 %	86,05 %	89,27 %	80,57 %