HØGDA BORETTSLAG

8514 NARVIK

Finances

Return on Equity

0,71 %

Current Ratio

8,04

Debt-to-Equity Ratio

−1,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 084 000	3 130 000	2 742 000	2 597 000
Net Income	−84 000	168 000	−1 560 000	−5 564 000
Total Assets	7 631 000	11 524 000	12 026 000	13 683 000
Total Equity	−11 882 000	−11 798 000	−11 966 000	−10 405 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 084 000	3 130 000	2 742 000	2 597 000
Expenditure	2 608 000	2 569 000	3 886 000	7 729 000
Operating Profit	476 000	561 000	−1 145 000	−5 132 000
Financial Income	10 000	0	8 000	40 000
Financial Costs	570 000	394 000	424 000	472 000
Financial Balance	−560 000	−394 000	−416 000	−432 000
Earnings Before Tax	−84 000	168 000	−1 560 000	−5 564 000
Tax	0	0	0	0
Net Income	−84 000	168 000	−1 560 000	−5 564 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 168 000	6 337 000	6 506 000	5 754 000
Total Current Assets	1 463 000	5 188 000	5 520 000	7 929 000
Total Assets	7 631 000	11 524 000	12 026 000	13 683 000
Total Retained Equity	−11 882 000	−11 798 000	−11 966 000	−10 405 000
Total Equity	−11 882 000	−11 798 000	−11 966 000	−10 405 000
Total Long-Term Debt	18 343 000	22 192 000	22 595 000	22 978 000
Total Current Debt	182 000	142 000	447 000	160 000
Total Equity and Debt	7 631 000	11 524 000	12 026 000	13 683 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 084 000	3 130 000	2 742 000	2 597 000
Revenue	3 084 000	3 130 000	2 742 000	2 597 000
Cost of Goods Sold	0	0	0	0
Salary Costs	130 000	98 000	94 000	88 000
Depreciation	169 000	208 000	141 000	119 000
Impairment	0	0	0	0
Expenditure	2 608 000	2 569 000	3 886 000	7 729 000
Operating Profit	476 000	561 000	−1 145 000	−5 132 000
Financial Income	10 000	0	8 000	40 000
Financial Costs	570 000	394 000	424 000	472 000
Financial Balance	−560 000	−394 000	−416 000	−432 000
Dividends	0	0	0	0
Net Income	−84 000	168 000	−1 560 000	−5 564 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 170 000	5 338 000	5 546 000	4 794 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 170 000	5 338 000	5 546 000	4 794 000
Total Fiancial Fixed Assets	998 000	998 000	960 000	960 000
Total Fixed Assets	6 168 000	6 337 000	6 506 000	5 754 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 432 000	5 094 000	5 512 000	7 696 000
Total Current Assets	1 463 000	5 188 000	5 520 000	7 929 000
Total Assets	7 631 000	11 524 000	12 026 000	13 683 000
Total Equity	−11 882 000	−11 798 000	−11 966 000	−10 405 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 343 000	22 192 000	22 595 000	22 978 000
Creditors	104 000	112 000	168 000	105 000
Unpaid Taxes	1 000	0	0	15 000
Dividends	0	0	0	0
Other Current Debt	77 000	31 000	280 000	40 000
Total Current Debt	182 000	142 000	447 000	160 000
Total Equity and Debt	7 631 000	11 524 000	12 026 000	13 683 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,71 %	−1,42 %	13,04 %	53,47 %
Debt-to-Equity Ratio	−1,54	−1,88	−1,89	−2,21
Operating Profit Margin	15,43 %	17,92 %	−41,76 %	−197,61 %
Current Ratio	8,04	36,54	12,35	49,56
Quick Ratio	8,04	36,54	12,35	49,56
Equity Ratio	−1,56	−1,02	−1	−0,76
Gross Profit Margin	100 %	100 %	100 %	100 %