HØGT & LÅGT AS

5416 STORD

Finances

Share Ownership

Return on Equity

6,44 %

Current Ratio

2,88

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020
Revenue	774 000	804 000	1 248 000
Net Income	45 000	51 000	370 000
Total Assets	852 000	706 000	770 000
Total Equity	699 000	654 000	602 000

Income (NOK)	2022	2021	2020
Revenue	774 000	804 000	1 248 000
Expenditure	668 000	738 000	778 000
Operating Profit	105 000	66 000	471 000
Financial Income	1 000	0	0
Financial Costs	48 000	0	1 000
Financial Balance	−47 000	0	−1 000
Earnings Before Tax	58 000	66 000	469 000
Tax	13 000	14 000	99 000
Net Income	45 000	51 000	370 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	460 000	594 000	214 000
Total Current Assets	391 000	113 000	557 000
Total Assets	852 000	706 000	770 000
Total Retained Equity	447 000	402 000	351 000
Total Equity	699 000	654 000	602 000
Total Long-Term Debt	17 000	17 000	3 000
Total Current Debt	136 000	36 000	165 000
Total Equity and Debt	852 000	706 000	770 000

Cash flow (NOK)	2022	2021	2020
Sales Income	774 000	804 000	1 248 000
Other Income	0	0	0
Revenue	774 000	804 000	1 248 000
Cost of Goods Sold	161 000	198 000	349 000
Salary Costs	2 000	19 000	15 000
Depreciation	133 000	75 000	46 000
Impairment	0	0	0
Expenditure	668 000	738 000	778 000
Operating Profit	105 000	66 000	471 000
Financial Income	1 000	0	0
Financial Costs	48 000	0	1 000
Financial Balance	−47 000	0	−1 000
Dividends	0	0	0
Net Income	45 000	51 000	370 000

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	460 000	594 000	214 000
Total Tangible Assets	460 000	594 000	214 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	460 000	594 000	214 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	242 000	75 000	382 000
Total Current Assets	391 000	113 000	557 000
Total Assets	852 000	706 000	770 000
Total Equity	699 000	654 000	602 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	17 000	17 000	3 000
Creditors	27 000	13 000	30 000
Unpaid Taxes	40 000	22 000	31 000
Dividends	0	0	0
Other Current Debt	8 000	0	8 000
Total Current Debt	136 000	36 000	165 000
Total Equity and Debt	852 000	706 000	770 000

Financial indicators	2022	2021	2020
Return on Equity	6,44 %	7,8 %	61,46 %
Debt-to-Equity Ratio	0,02	0,03	0
Operating Profit Margin	13,57 %	8,21 %	37,74 %
Current Ratio	2,88	3,14	3,38
Quick Ratio	2,88	3,14	3,38
Equity Ratio	0,82	0,93	0,78
Gross Profit Margin	79,2 %	75,37 %	72,04 %