HØINE AS

0281 OSLO

Finances

Share Ownership

Return on Equity

85,62 %

Current Ratio

4,06

Debt-to-Equity Ratio

7,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 533 000	911 000	557 000	718 000
Net Income	268 000	13 000	−39 000	47 000
Total Assets	3 723 000	397 000	251 000	351 000
Total Equity	313 000	45 000	32 000	71 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 533 000	911 000	557 000	718 000
Expenditure	3 254 000	900 000	607 000	659 000
Operating Profit	279 000	12 000	−49 000	58 000
Financial Income	3 000	0	0	0
Financial Costs	14 000	0	1 000	0
Financial Balance	−11 000	0	−1 000	0
Earnings Before Tax	268 000	13 000	−50 000	58 000
Tax	0	0	−11 000	12 000
Net Income	268 000	13 000	−39 000	47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 000	52 000	67 000	0
Total Current Assets	3 687 000	345 000	183 000	351 000
Total Assets	3 723 000	397 000	251 000	351 000
Total Retained Equity	289 000	20 000	8 000	47 000
Total Equity	313 000	45 000	32 000	71 000
Total Long-Term Debt	2 500 000	0	0	1 000
Total Current Debt	909 000	352 000	219 000	279 000
Total Equity and Debt	3 723 000	397 000	251 000	351 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 095 000	361 000	432 000	668 000
Other Income	439 000	550 000	125 000	50 000
Revenue	3 533 000	911 000	557 000	718 000
Cost of Goods Sold	1 498 000	132 000	2 000	0
Salary Costs	1 556 000	696 000	413 000	578 000
Depreciation	16 000	16 000	12 000	0
Impairment	0	0	0	0
Expenditure	3 254 000	900 000	607 000	659 000
Operating Profit	279 000	12 000	−49 000	58 000
Financial Income	3 000	0	0	0
Financial Costs	14 000	0	1 000	0
Financial Balance	−11 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	268 000	13 000	−39 000	47 000

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	36 000	52 000	67 000	0
Total Tangible Assets	36 000	52 000	67 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	36 000	52 000	67 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 245 000	162 000	148 000	232 000
Total Current Assets	3 687 000	345 000	183 000	351 000
Total Assets	3 723 000	397 000	251 000	351 000
Total Equity	313 000	45 000	32 000	71 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 500 000	0	0	1 000
Creditors	254 000	24 000	12 000	14 000
Unpaid Taxes	410 000	77 000	18 000	187 000
Dividends	0	0	0	0
Other Current Debt	245 000	251 000	189 000	68 000
Total Current Debt	909 000	352 000	219 000	279 000
Total Equity and Debt	3 723 000	397 000	251 000	351 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,62 %	28,89 %	−121,88 %	66,2 %
Debt-to-Equity Ratio	7,99	0	0	0,01
Operating Profit Margin	7,9 %	1,32 %	−8,8 %	8,08 %
Current Ratio	4,06	0,98	0,84	1,26
Quick Ratio	4,06	0,98	0,84	1,26
Equity Ratio	0,08	0,11	0,13	0,2
Gross Profit Margin	57,6 %	85,51 %	99,64 %	100 %