HØGÅSEN EIENDOMSSELSKAP AS

3211 SANDEFJORD

Finances

Return on Equity

57,63 %

Current Ratio

0,3

Debt-to-Equity Ratio

2,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 930 000	22 043 000	17 628 000	14 748 000
Net Income	13 898 000	12 208 000	10 272 000	9 547 000
Total Assets	113 079 000	116 306 000	118 380 000	72 817 000
Total Equity	24 116 000	26 218 000	29 010 000	33 738 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 930 000	22 043 000	17 628 000	14 748 000
Expenditure	3 402 000	4 977 000	3 486 000	2 590 000
Operating Profit	19 528 000	17 066 000	14 142 000	12 159 000
Financial Income	116 000	74 000	79 000	92 000
Financial Costs	1 825 000	1 488 000	1 051 000	11 000
Financial Balance	−1 709 000	−1 414 000	−972 000	81 000
Earnings Before Tax	17 819 000	15 652 000	13 170 000	12 240 000
Tax	3 921 000	3 443 000	2 898 000	2 693 000
Net Income	13 898 000	12 208 000	10 272 000	9 547 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	107 148 000	109 553 000	111 958 000	65 858 000
Total Current Assets	5 932 000	6 753 000	6 422 000	6 959 000
Total Assets	113 079 000	116 306 000	118 380 000	72 817 000
Total Retained Equity	16 116 000	18 218 000	21 010 000	25 738 000
Total Equity	24 116 000	26 218 000	29 010 000	33 738 000
Total Long-Term Debt	69 174 000	71 016 000	71 292 000	3 718 000
Total Current Debt	19 789 000	19 073 000	18 078 000	35 361 000
Total Equity and Debt	113 079 000	116 306 000	118 380 000	72 817 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 000	6 000	28 000	0
Other Income	22 924 000	22 037 000	17 600 000	14 748 000
Revenue	22 930 000	22 043 000	17 628 000	14 748 000
Cost of Goods Sold	6 000	6 000	2 000	0
Salary Costs	0	0	0	0
Depreciation	2 405 000	2 405 000	1 982 000	1 255 000
Impairment	0	0	0	0
Expenditure	3 402 000	4 977 000	3 486 000	2 590 000
Operating Profit	19 528 000	17 066 000	14 142 000	12 159 000
Financial Income	116 000	74 000	79 000	92 000
Financial Costs	1 825 000	1 488 000	1 051 000	11 000
Financial Balance	−1 709 000	−1 414 000	−972 000	81 000
Dividends	16 000 000	15 000 000	15 000 000	12 000 000
Net Income	13 898 000	12 208 000	10 272 000	9 547 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	105 748 000	108 153 000	110 558 000	64 458 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	105 748 000	108 153 000	110 558 000	64 458 000
Total Fiancial Fixed Assets	1 400 000	1 400 000	1 400 000	1 400 000
Total Fixed Assets	107 148 000	109 553 000	111 958 000	65 858 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 796 000	5 585 000	5 298 000	3 047 000
Total Current Assets	5 932 000	6 753 000	6 422 000	6 959 000
Total Assets	113 079 000	116 306 000	118 380 000	72 817 000
Total Equity	24 116 000	26 218 000	29 010 000	33 738 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	69 174 000	71 016 000	71 292 000	3 718 000
Creditors	0	406 000	0	10 358 000
Unpaid Taxes	137 000	0	150 000	0
Dividends	16 000 000	15 000 000	15 000 000	12 000 000
Other Current Debt	16 140 000	15 697 000	15 668 000	12 510 000
Total Current Debt	19 789 000	19 073 000	18 078 000	35 361 000
Total Equity and Debt	113 079 000	116 306 000	118 380 000	72 817 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,63 %	46,56 %	35,41 %	28,3 %
Debt-to-Equity Ratio	2,87	2,71	2,46	0,11
Operating Profit Margin	85,16 %	77,42 %	80,22 %	82,45 %
Current Ratio	0,3	0,35	0,36	0,2
Quick Ratio	0,3	0,35	0,36	0,2
Equity Ratio	0,21	0,23	0,25	0,46
Gross Profit Margin	99,97 %	99,97 %	99,99 %	100 %