BRØDRENE HØISÆT AS

3089 HOLMESTRAND

Finances

Share Ownership

Return on Equity

6,8 %

Current Ratio

11,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	4 803 000	4 659 000	4 809 000
Net Income	820 000	764 000	1 639 000
Total Assets	12 333 000	12 617 000	10 939 000
Total Equity	12 060 000	11 241 000	1 669 000

Income (NOK)	2022	2021	2020
Revenue	4 803 000	4 659 000	4 809 000
Expenditure	3 756 000	3 680 000	2 748 000
Operating Profit	1 048 000	979 000	2 061 000
Financial Income	5 000	0	40 000
Financial Costs	2 000	0	0
Financial Balance	3 000	0	40 000
Earnings Before Tax	1 051 000	980 000	2 102 000
Tax	231 000	216 000	462 000
Net Income	820 000	764 000	1 639 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	9 820 000	8 480 000	8 121 000
Total Current Assets	2 513 000	4 137 000	2 817 000
Total Assets	12 333 000	12 617 000	10 939 000
Total Retained Equity	2 216 000	1 397 000	1 639 000
Total Equity	12 060 000	11 241 000	1 669 000
Total Long-Term Debt	51 000	41 000	2 000
Total Current Debt	222 000	1 335 000	9 268 000
Total Equity and Debt	12 333 000	12 617 000	10 939 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 803 000	4 659 000	4 809 000
Other Income	0	0	0
Revenue	4 803 000	4 659 000	4 809 000
Cost of Goods Sold	2 536 000	2 035 000	1 968 000
Salary Costs	0	585 000	0
Depreciation	411 000	355 000	291 000
Impairment	0	0	0
Expenditure	3 756 000	3 680 000	2 748 000
Operating Profit	1 048 000	979 000	2 061 000
Financial Income	5 000	0	40 000
Financial Costs	2 000	0	0
Financial Balance	3 000	0	40 000
Dividends	0	1 007 000	0
Net Income	820 000	764 000	1 639 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	9 080 000	7 621 000	6 971 000
Machinery and Plant Facilities	705 000	859 000	1 151 000
Fixtures	0	0	0
Total Tangible Assets	9 785 000	8 480 000	8 121 000
Total Fiancial Fixed Assets	34 000	0	0
Total Fixed Assets	9 820 000	8 480 000	8 121 000
Stock	529 000	1 140 000	390 000
Total Investments	0	0	0
Cash, Bank	1 709 000	1 883 000	2 087 000
Total Current Assets	2 513 000	4 137 000	2 817 000
Total Assets	12 333 000	12 617 000	10 939 000
Total Equity	12 060 000	11 241 000	1 669 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	51 000	41 000	2 000
Creditors	0	0	0
Unpaid Taxes	0	140 000	0
Dividends	0	1 007 000	0
Other Current Debt	0	12 000	8 807 000
Total Current Debt	222 000	1 335 000	9 268 000
Total Equity and Debt	12 333 000	12 617 000	10 939 000

Financial indicators	2022	2021	2020
Return on Equity	6,8 %	6,8 %	98,2 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	21,82 %	21,01 %	42,86 %
Current Ratio	11,32	3,1	0,3
Quick Ratio	−8,19	21,22	0,32
Equity Ratio	0,98	0,89	0,15
Gross Profit Margin	47,2 %	56,32 %	59,08 %