VILLY HØGÅS AS

8614 MO I RANA

Finances

Return on Equity

−40,43 %

Current Ratio

5,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 754 000	4 711 000	6 083 000	10 207 000
Net Income	−2 215 000	−2 267 000	−1 483 000	−954 000
Total Assets	6 139 000	8 202 000	10 738 000	12 697 000
Total Equity	5 478 000	7 692 000	9 959 000	11 443 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 754 000	4 711 000	6 083 000	10 207 000
Expenditure	7 133 000	7 041 000	7 715 000	11 261 000
Operating Profit	−2 302 000	−2 329 000	−1 632 000	−1 054 000
Financial Income	97 000	65 000	152 000	106 000
Financial Costs	10 000	3 000	3 000	6 000
Financial Balance	87 000	62 000	149 000	100 000
Earnings Before Tax	−2 215 000	−2 267 000	−1 483 000	−954 000
Tax	0	0	0	0
Net Income	−2 215 000	−2 267 000	−1 483 000	−954 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 259 000	4 395 000	6 654 000	9 041 000
Total Current Assets	3 881 000	3 807 000	4 084 000	3 656 000
Total Assets	6 139 000	8 202 000	10 738 000	12 697 000
Total Retained Equity	1 788 000	4 003 000	6 270 000	7 753 000
Total Equity	5 478 000	7 692 000	9 959 000	11 443 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	661 000	510 000	779 000	1 254 000
Total Equity and Debt	6 139 000	8 202 000	10 738 000	12 697 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 063 000	4 163 000	5 882 000	9 838 000
Other Income	691 000	548 000	201 000	369 000
Revenue	4 754 000	4 711 000	6 083 000	10 207 000
Cost of Goods Sold	171 000	111 000	138 000	215 000
Salary Costs	2 510 000	2 298 000	2 540 000	4 242 000
Depreciation	2 154 000	2 259 000	2 427 000	3 304 000
Impairment	0	0	0	0
Expenditure	7 133 000	7 041 000	7 715 000	11 261 000
Operating Profit	−2 302 000	−2 329 000	−1 632 000	−1 054 000
Financial Income	97 000	65 000	152 000	106 000
Financial Costs	10 000	3 000	3 000	6 000
Financial Balance	87 000	62 000	149 000	100 000
Dividends	0	0	0	0
Net Income	−2 215 000	−2 267 000	−1 483 000	−954 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	5 000	7 000	9 000	11 000
Fixtures	2 038 000	4 172 000	6 429 000	8 814 000
Total Tangible Assets	2 043 000	4 179 000	6 438 000	8 825 000
Total Fiancial Fixed Assets	216 000	216 000	216 000	216 000
Total Fixed Assets	2 259 000	4 395 000	6 654 000	9 041 000
Stock	0	23 000	0	0
Total Investments	0	0	0	0
Cash, Bank	3 315 000	3 322 000	2 879 000	2 729 000
Total Current Assets	3 881 000	3 807 000	4 084 000	3 656 000
Total Assets	6 139 000	8 202 000	10 738 000	12 697 000
Total Equity	5 478 000	7 692 000	9 959 000	11 443 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	37 000	57 000	168 000	248 000
Unpaid Taxes	96 000	56 000	248 000	295 000
Dividends	0	0	0	0
Other Current Debt	528 000	397 000	363 000	710 000
Total Current Debt	661 000	510 000	779 000	1 254 000
Total Equity and Debt	6 139 000	8 202 000	10 738 000	12 697 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,43 %	−29,47 %	−14,89 %	−8,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−48,42 %	−49,44 %	−26,83 %	−10,33 %
Current Ratio	5,87	7,46	5,24	2,92
Quick Ratio	5,87	7,82	5,24	2,92
Equity Ratio	0,89	0,94	0,93	0,9
Gross Profit Margin	96,4 %	97,64 %	97,73 %	97,89 %