HØIAX AS

1618 FREDRIKSTAD

Finances

Return on Equity

24,16 %

Current Ratio

1,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	386 309 000	294 603 000	260 146 000	252 545 000
Net Income	37 905 000	22 420 000	16 254 000	14 598 000
Total Assets	250 831 000	216 552 000	167 356 000	165 167 000
Total Equity	156 911 000	119 005 000	108 986 000	102 732 000

Income (NOK)	2022	2021	2020	2019
Revenue	386 309 000	294 603 000	260 146 000	252 545 000
Expenditure	341 004 000	266 131 000	237 548 000	233 951 000
Operating Profit	45 305 000	28 472 000	22 598 000	18 595 000
Financial Income	7 097 000	1 631 000	1 703 000	444 000
Financial Costs	3 570 000	1 743 000	3 429 000	263 000
Financial Balance	3 527 000	−112 000	−1 726 000	181 000
Earnings Before Tax	48 831 000	28 360 000	20 872 000	18 775 000
Tax	10 926 000	5 940 000	4 618 000	4 177 000
Net Income	37 905 000	22 420 000	16 254 000	14 598 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	89 472 000	84 963 000	69 435 000	60 068 000
Total Current Assets	161 359 000	131 590 000	97 921 000	105 098 000
Total Assets	250 831 000	216 552 000	167 356 000	165 167 000
Total Retained Equity	155 911 000	118 005 000	107 986 000	101 732 000
Total Equity	156 911 000	119 005 000	108 986 000	102 732 000
Total Long-Term Debt	0	3 748 000	5 100 000	5 100 000
Total Current Debt	93 921 000	93 799 000	53 270 000	57 335 000
Total Equity and Debt	250 831 000	216 552 000	167 356 000	165 167 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	386 220 000	294 575 000	260 118 000	252 480 000
Other Income	89 000	28 000	27 000	65 000
Revenue	386 309 000	294 603 000	260 146 000	252 545 000
Cost of Goods Sold	188 900 000	142 001 000	123 422 000	117 674 000
Salary Costs	76 763 000	62 738 000	57 863 000	60 293 000
Depreciation	6 212 000	6 706 000	5 882 000	5 249 000
Impairment	0	0	0	0
Expenditure	341 004 000	266 131 000	237 548 000	233 951 000
Operating Profit	45 305 000	28 472 000	22 598 000	18 595 000
Financial Income	7 097 000	1 631 000	1 703 000	444 000
Financial Costs	3 570 000	1 743 000	3 429 000	263 000
Financial Balance	3 527 000	−112 000	−1 726 000	181 000
Dividends	0	12 400 000	10 000 000	10 000 000
Net Income	37 905 000	22 420 000	16 254 000	14 598 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 239 000	5 387 000	4 608 000	4 340 000
Real Eastate	16 328 000	14 252 000	14 909 000	14 746 000
Machinery and Plant Facilities	26 483 000	44 597 000	28 506 000	18 868 000
Fixtures	1 473 000	940 000	1 625 000	2 328 000
Total Tangible Assets	67 560 000	59 789 000	45 040 000	35 942 000
Total Fiancial Fixed Assets	17 674 000	19 787 000	19 787 000	19 787 000
Total Fixed Assets	89 472 000	84 963 000	69 435 000	60 068 000
Stock	100 782 000	81 523 000	62 472 000	67 327 000
Total Investments	0	0	0	0
Cash, Bank	4 666 000	5 514 000	6 007 000	4 263 000
Total Current Assets	161 359 000	131 590 000	97 921 000	105 098 000
Total Assets	250 831 000	216 552 000	167 356 000	165 167 000
Total Equity	156 911 000	119 005 000	108 986 000	102 732 000
Short-Term Group Debt	0	15 059 000	0	0
Total Long-Term Debt	0	3 748 000	5 100 000	5 100 000
Creditors	35 187 000	31 071 000	13 852 000	21 096 000
Unpaid Taxes	12 176 000	11 763 000	9 929 000	9 458 000
Dividends	0	12 400 000	10 000 000	10 000 000
Other Current Debt	29 397 000	18 965 000	14 560 000	12 972 000
Total Current Debt	93 921 000	93 799 000	53 270 000	57 335 000
Total Equity and Debt	250 831 000	216 552 000	167 356 000	165 167 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,16 %	18,84 %	14,91 %	14,21 %
Debt-to-Equity Ratio	0	0,03	0,05	0,05
Operating Profit Margin	11,73 %	9,66 %	8,69 %	7,36 %
Current Ratio	1,72	1,4	1,84	1,83
Quick Ratio	−23,52	10,72	−10,64	−10,52
Equity Ratio	0,63	0,55	0,65	0,62
Gross Profit Margin	51,1 %	51,8 %	52,56 %	53,4 %