HØGÅSEN BOLIGSELSKAP AS

7100 RISSA

Finances

Return on Equity

−4,03 %

Current Ratio

2,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	57 000	300 000	1 249 000	142 000
Net Income	−162 000	−261 000	992 000	−87 000
Total Assets	4 681 000	5 266 000	5 695 000	4 894 000
Total Equity	4 023 000	4 785 000	5 446 000	4 654 000

Income (NOK)	2022	2021	2020	2019
Revenue	57 000	300 000	1 249 000	142 000
Expenditure	244 000	261 000	269 000	241 000
Operating Profit	−187 000	40 000	981 000	−100 000
Financial Income	25 000	19 000	12 000	13 000
Financial Costs	0	320 000	1 000	1 000
Financial Balance	25 000	−301 000	11 000	12 000
Earnings Before Tax	−162 000	−261 000	992 000	−87 000
Tax	0	0	0	0
Net Income	−162 000	−261 000	992 000	−87 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 732 000	2 757 000	3 053 000	4 124 000
Total Current Assets	1 950 000	2 508 000	2 643 000	770 000
Total Assets	4 681 000	5 266 000	5 695 000	4 894 000
Total Retained Equity	3 993 000	4 755 000	5 416 000	4 624 000
Total Equity	4 023 000	4 785 000	5 446 000	4 654 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	659 000	481 000	249 000	240 000
Total Equity and Debt	4 681 000	5 266 000	5 695 000	4 894 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	57 000	87 000	71 000	32 000
Other Income	0	213 000	1 178 000	110 000
Revenue	57 000	300 000	1 249 000	142 000
Cost of Goods Sold	14 000	8 000	6 000	1 000
Salary Costs	66 000	62 000	43 000	43 000
Depreciation	26 000	21 000	24 000	28 000
Impairment	0	0	0	0
Expenditure	244 000	261 000	269 000	241 000
Operating Profit	−187 000	40 000	981 000	−100 000
Financial Income	25 000	19 000	12 000	13 000
Financial Costs	0	320 000	1 000	1 000
Financial Balance	25 000	−301 000	11 000	12 000
Dividends	600 000	400 000	200 000	200 000
Net Income	−162 000	−261 000	992 000	−87 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 699 000	2 716 000	2 733 000	3 804 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	32 000	41 000	0	0
Total Tangible Assets	2 732 000	2 757 000	2 733 000	3 804 000
Total Fiancial Fixed Assets	0	0	320 000	320 000
Total Fixed Assets	2 732 000	2 757 000	3 053 000	4 124 000
Stock	0	0	0	0
Total Investments	21 000	21 000	21 000	21 000
Cash, Bank	1 901 000	2 314 000	2 573 000	710 000
Total Current Assets	1 950 000	2 508 000	2 643 000	770 000
Total Assets	4 681 000	5 266 000	5 695 000	4 894 000
Total Equity	4 023 000	4 785 000	5 446 000	4 654 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	15 000	12 000	12 000	22 000
Unpaid Taxes	6 000	50 000	6 000	6 000
Dividends	600 000	400 000	200 000	200 000
Other Current Debt	37 000	19 000	32 000	12 000
Total Current Debt	659 000	481 000	249 000	240 000
Total Equity and Debt	4 681 000	5 266 000	5 695 000	4 894 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,03 %	−5,45 %	18,22 %	−1,87 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−328,07 %	13,33 %	78,54 %	−70,42 %
Current Ratio	2,96	5,21	10,61	3,21
Quick Ratio	2,96	5,21	10,61	3,21
Equity Ratio	0,86	0,91	0,96	0,95
Gross Profit Margin	75,44 %	97,33 %	99,52 %	99,3 %