HØYANGER GRAVFERDSBYRÅ AS

6996 VADHEIM

Finances

Share Ownership

Return on Equity

17,79 %

Current Ratio

3,75

Debt-to-Equity Ratio

0,91

Key figures (NOK)	2022	2021	2020
Revenue	3 500 000	3 221 000	2 304 000
Net Income	184 000	397 000	429 000
Total Assets	2 357 000	2 119 000	993 000
Total Equity	1 034 000	850 000	454 000

Income (NOK)	2022	2021	2020
Revenue	3 500 000	3 221 000	2 304 000
Expenditure	3 269 000	2 726 000	1 788 000
Operating Profit	303 000	520 000	565 000
Financial Income	1 000	0	0
Financial Costs	67 000	21 000	3 000
Financial Balance	−66 000	−21 000	−3 000
Earnings Before Tax	237 000	500 000	561 000
Tax	53 000	104 000	132 000
Net Income	184 000	397 000	429 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	911 000	1 275 000	152 000
Total Current Assets	1 445 000	844 000	841 000
Total Assets	2 357 000	2 119 000	993 000
Total Retained Equity	1 009 000	826 000	429 000
Total Equity	1 034 000	850 000	454 000
Total Long-Term Debt	938 000	932 000	0
Total Current Debt	385 000	337 000	540 000
Total Equity and Debt	2 357 000	2 119 000	993 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 334 000	3 155 000	2 294 000
Other Income	166 000	66 000	10 000
Revenue	3 500 000	3 221 000	2 304 000
Cost of Goods Sold	1 072 000	1 075 000	839 000
Salary Costs	1 008 000	628 000	394 000
Depreciation	289 000	141 000	33 000
Impairment	0	0	0
Expenditure	3 269 000	2 726 000	1 788 000
Operating Profit	303 000	520 000	565 000
Financial Income	1 000	0	0
Financial Costs	67 000	21 000	3 000
Financial Balance	−66 000	−21 000	−3 000
Dividends	0	0	0
Net Income	184 000	397 000	429 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	906 000	1 270 000	147 000
Total Tangible Assets	906 000	1 270 000	147 000
Total Fiancial Fixed Assets	5 000	5 000	5 000
Total Fixed Assets	911 000	1 275 000	152 000
Stock	196 000	124 000	99 000
Total Investments	0	0	0
Cash, Bank	650 000	456 000	547 000
Total Current Assets	1 445 000	844 000	841 000
Total Assets	2 357 000	2 119 000	993 000
Total Equity	1 034 000	850 000	454 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	938 000	932 000	0
Creditors	143 000	68 000	43 000
Unpaid Taxes	90 000	89 000	121 000
Dividends	0	0	0
Other Current Debt	105 000	101 000	244 000
Total Current Debt	385 000	337 000	540 000
Total Equity and Debt	2 357 000	2 119 000	993 000

Financial indicators	2022	2021	2020
Return on Equity	17,79 %	46,71 %	94,49 %
Debt-to-Equity Ratio	0,91	1,1	0
Operating Profit Margin	8,66 %	16,14 %	24,52 %
Current Ratio	3,75	2,5	1,56
Quick Ratio	7,65	3,96	1,91
Equity Ratio	0,44	0,4	0,46
Gross Profit Margin	69,37 %	66,63 %	63,59 %