HØYANGER NÆRINGSUTVIKLING AS

6993 HØYANGER

Finances

Return on Equity

−258,51 %

Current Ratio

1,88

Debt-to-Equity Ratio

0,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 234 000	5 030 000	3 401 000	3 691 000
Net Income	−1 701 000	2 085 000	−466 000	−206 000
Total Assets	1 829 000	2 904 000	854 000	1 628 000
Total Equity	658 000	2 359 000	274 000	740 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 234 000	5 030 000	3 401 000	3 691 000
Expenditure	6 936 000	3 000 000	3 859 000	3 896 000
Operating Profit	−1 702 000	2 030 000	−458 000	−206 000
Financial Income	1 000	56 000	0	0
Financial Costs	1 000	1 000	8 000	1 000
Financial Balance	0	55 000	−8 000	−1 000
Earnings Before Tax	−1 701 000	2 085 000	−466 000	−206 000
Tax	0	0	0	0
Net Income	−1 701 000	2 085 000	−466 000	−206 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	382 000	382 000	308 000	361 000
Total Current Assets	1 447 000	2 522 000	545 000	1 266 000
Total Assets	1 829 000	2 904 000	854 000	1 628 000
Total Retained Equity	168 000	1 869 000	−216 000	250 000
Total Equity	658 000	2 359 000	274 000	740 000
Total Long-Term Debt	400 000	0	0	0
Total Current Debt	771 000	544 000	580 000	888 000
Total Equity and Debt	1 829 000	2 904 000	854 000	1 628 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	2 700 000	3 085 000
Other Income	5 234 000	5 030 000	701 000	606 000
Revenue	5 234 000	5 030 000	3 401 000	3 691 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 078 000	2 513 000	1 863 000	2 288 000
Depreciation	795 000	739 000	991 000	689 000
Impairment	2 332 000	−1 020 000	57 000	216 000
Expenditure	6 936 000	3 000 000	3 859 000	3 896 000
Operating Profit	−1 702 000	2 030 000	−458 000	−206 000
Financial Income	1 000	56 000	0	0
Financial Costs	1 000	1 000	8 000	1 000
Financial Balance	0	55 000	−8 000	−1 000
Dividends	0	0	0	0
Net Income	−1 701 000	2 085 000	−466 000	−206 000

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	0	0	0	0
Fixtures	0	0	17 000	70 000
Total Tangible Assets	0	0	17 000	70 000
Total Fiancial Fixed Assets	382 000	382 000	292 000	292 000
Total Fixed Assets	382 000	382 000	308 000	361 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	637 000	2 233 000	438 000	728 000
Total Current Assets	1 447 000	2 522 000	545 000	1 266 000
Total Assets	1 829 000	2 904 000	854 000	1 628 000
Total Equity	658 000	2 359 000	274 000	740 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	400 000	0	0	0
Creditors	100 000	17 000	6 000	0
Unpaid Taxes	320 000	198 000	108 000	141 000
Dividends	0	0	0	0
Other Current Debt	351 000	329 000	465 000	747 000
Total Current Debt	771 000	544 000	580 000	888 000
Total Equity and Debt	1 829 000	2 904 000	854 000	1 628 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−258,51 %	88,38 %	−170,07 %	−27,84 %
Debt-to-Equity Ratio	0,61	0	0	0
Operating Profit Margin	−32,52 %	40,36 %	−13,47 %	−5,58 %
Current Ratio	1,88	4,64	0,94	1,43
Quick Ratio	1,88	4,64	0,94	1,43
Equity Ratio	0,36	0,81	0,32	0,45
Gross Profit Margin	100 %	100 %	100 %	100 %