HIGHRISE AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

−212,86 %

Current Ratio

1,87

Debt-to-Equity Ratio

17,59

Key figures (NOK)	2022	2021	2020
Revenue	8 196 000	9 298 000	1 701 000
Net Income	−149 000	−215 000	−41 000
Total Assets	2 576 000	2 984 000	4 251 000
Total Equity	70 000	219 000	−16 000

Income (NOK)	2022	2021	2020
Revenue	8 196 000	9 298 000	1 701 000
Expenditure	8 324 000	9 445 000	1 742 000
Operating Profit	−128 000	−147 000	−41 000
Financial Income	−8 000	0	0
Financial Costs	13 000	67 000	0
Financial Balance	−21 000	−67 000	0
Earnings Before Tax	−149 000	−215 000	−41 000
Tax	0	0	0
Net Income	−149 000	−215 000	−41 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	193 000	34 000	42 000
Total Current Assets	2 383 000	2 950 000	4 209 000
Total Assets	2 576 000	2 984 000	4 251 000
Total Retained Equity	−410 000	−255 000	−41 000
Total Equity	70 000	219 000	−16 000
Total Long-Term Debt	1 231 000	1 642 000	2 462 000
Total Current Debt	1 274 000	1 123 000	1 805 000
Total Equity and Debt	2 576 000	2 984 000	4 251 000

Cash flow (NOK)	2022	2021	2020
Sales Income	8 198 000	9 305 000	1 701 000
Other Income	−2 000	−7 000	0
Revenue	8 196 000	9 298 000	1 701 000
Cost of Goods Sold	5 854 000	6 938 000	1 363 000
Salary Costs	1 312 000	1 326 000	172 000
Depreciation	46 000	9 000	1 000
Impairment	0	0	0
Expenditure	8 324 000	9 445 000	1 742 000
Operating Profit	−128 000	−147 000	−41 000
Financial Income	−8 000	0	0
Financial Costs	13 000	67 000	0
Financial Balance	−21 000	−67 000	0
Dividends	0	0	0
Net Income	−149 000	−215 000	−41 000

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	193 000	34 000	42 000
Total Tangible Assets	193 000	34 000	42 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	193 000	34 000	42 000
Stock	1 363 000	1 541 000	1 548 000
Total Investments	0	0	0
Cash, Bank	822 000	1 399 000	2 274 000
Total Current Assets	2 383 000	2 950 000	4 209 000
Total Assets	2 576 000	2 984 000	4 251 000
Total Equity	70 000	219 000	−16 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 231 000	1 642 000	2 462 000
Creditors	969 000	787 000	1 287 000
Unpaid Taxes	150 000	198 000	48 000
Dividends	0	0	0
Other Current Debt	155 000	138 000	470 000
Total Current Debt	1 274 000	1 123 000	1 805 000
Total Equity and Debt	2 576 000	2 984 000	4 251 000

Financial indicators	2022	2021	2020
Return on Equity	−212,86 %	−98,17 %	256,25 %
Debt-to-Equity Ratio	17,59	7,5	−153,88
Operating Profit Margin	−1,56 %	−1,58 %	−2,41 %
Current Ratio	1,87	2,63	2,33
Quick Ratio	−26,78	−7,06	16,38
Equity Ratio	0,03	0,07	−0
Gross Profit Margin	28,57 %	25,38 %	19,87 %