HØISETH AS

3748 SILJAN

Finances

Share Ownership

Return on Equity

−166,2 %

Current Ratio

1,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	306 000	1 417 000	648 000
Net Income	−118 000	−96 000	194 000
Total Assets	119 000	361 000	517 000
Total Equity	71 000	189 000	286 000

Income (NOK)	2022	2021	2020
Revenue	306 000	1 417 000	648 000
Expenditure	424 000	1 515 000	401 000
Operating Profit	−118 000	−98 000	247 000
Financial Income	0	0	0
Financial Costs	0	1 000	0
Financial Balance	0	−1 000	0
Earnings Before Tax	−118 000	−99 000	247 000
Tax	0	−3 000	52 000
Net Income	−118 000	−96 000	194 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	40 000	54 000	68 000
Total Current Assets	79 000	308 000	449 000
Total Assets	119 000	361 000	517 000
Total Retained Equity	−29 000	89 000	186 000
Total Equity	71 000	189 000	286 000
Total Long-Term Debt	0	0	3 000
Total Current Debt	48 000	172 000	229 000
Total Equity and Debt	119 000	361 000	517 000

Cash flow (NOK)	2022	2021	2020
Sales Income	306 000	1 417 000	648 000
Other Income	0	0	0
Revenue	306 000	1 417 000	648 000
Cost of Goods Sold	0	8 000	0
Salary Costs	37 000	470 000	151 000
Depreciation	14 000	14 000	2 000
Impairment	0	0	0
Expenditure	424 000	1 515 000	401 000
Operating Profit	−118 000	−98 000	247 000
Financial Income	0	0	0
Financial Costs	0	1 000	0
Financial Balance	0	−1 000	0
Dividends	0	0	0
Net Income	−118 000	−96 000	194 000

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	40 000	54 000	68 000
Total Tangible Assets	40 000	54 000	68 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	40 000	54 000	68 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	79 000	287 000	337 000
Total Current Assets	79 000	308 000	449 000
Total Assets	119 000	361 000	517 000
Total Equity	71 000	189 000	286 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	3 000
Creditors	36 000	57 000	68 000
Unpaid Taxes	0	30 000	92 000
Dividends	0	0	0
Other Current Debt	12 000	85 000	19 000
Total Current Debt	48 000	172 000	229 000
Total Equity and Debt	119 000	361 000	517 000

Financial indicators	2022	2021	2020
Return on Equity	−166,2 %	−50,79 %	67,83 %
Debt-to-Equity Ratio	0	0	0,01
Operating Profit Margin	−38,56 %	−6,92 %	38,12 %
Current Ratio	1,65	1,79	1,96
Quick Ratio	1,65	1,79	1,96
Equity Ratio	0,6	0,52	0,55
Gross Profit Margin	100 %	99,44 %	100 %