HØCOM NORGE AS

5252 SØREIDGREND

Finances

Return on Equity

15,64 %

Current Ratio

1,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 512 000	11 443 000	11 388 000	8 297 000
Net Income	662 000	439 000	415 000	296 000
Total Assets	6 802 000	6 200 000	5 649 000	3 985 000
Total Equity	4 233 000	3 571 000	3 132 000	2 717 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 512 000	11 443 000	11 388 000	8 297 000
Expenditure	11 242 000	10 868 000	10 785 000	7 898 000
Operating Profit	850 000	575 000	604 000	398 000
Financial Income	3 000	2 000	2 000	1 000
Financial Costs	3 000	1 000	52 000	6 000
Financial Balance	0	1 000	−50 000	−5 000
Earnings Before Tax	850 000	575 000	554 000	393 000
Tax	188 000	136 000	139 000	97 000
Net Income	662 000	439 000	415 000	296 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 675 000	2 721 000	2 648 000	2 096 000
Total Current Assets	4 127 000	3 479 000	3 002 000	1 889 000
Total Assets	6 802 000	6 200 000	5 649 000	3 985 000
Total Retained Equity	4 133 000	3 471 000	3 032 000	2 617 000
Total Equity	4 233 000	3 571 000	3 132 000	2 717 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 569 000	2 629 000	2 517 000	1 268 000
Total Equity and Debt	6 802 000	6 200 000	5 649 000	3 985 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 512 000	11 441 000	11 388 000	8 297 000
Other Income	0	2 000	0	0
Revenue	11 512 000	11 443 000	11 388 000	8 297 000
Cost of Goods Sold	8 386 000	8 623 000	8 689 000	6 116 000
Salary Costs	1 623 000	1 366 000	1 159 000	916 000
Depreciation	64 000	71 000	66 000	45 000
Impairment	0	0	0	0
Expenditure	11 242 000	10 868 000	10 785 000	7 898 000
Operating Profit	850 000	575 000	604 000	398 000
Financial Income	3 000	2 000	2 000	1 000
Financial Costs	3 000	1 000	52 000	6 000
Financial Balance	0	1 000	−50 000	−5 000
Dividends	0	0	0	0
Net Income	662 000	439 000	415 000	296 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	79 000	61 000	81 000	84 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	160 000	224 000	295 000	72 000
Total Tangible Assets	160 000	224 000	295 000	72 000
Total Fiancial Fixed Assets	2 436 000	2 436 000	2 271 000	1 940 000
Total Fixed Assets	2 675 000	2 721 000	2 648 000	2 096 000
Stock	2 271 000	1 690 000	943 000	1 034 000
Total Investments	0	0	0	0
Cash, Bank	1 306 000	1 682 000	1 821 000	435 000
Total Current Assets	4 127 000	3 479 000	3 002 000	1 889 000
Total Assets	6 802 000	6 200 000	5 649 000	3 985 000
Total Equity	4 233 000	3 571 000	3 132 000	2 717 000
Short-Term Group Debt	851 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 101 000	801 000	856 000	429 000
Unpaid Taxes	232 000	313 000	214 000	62 000
Dividends	0	0	0	0
Other Current Debt	179 000	1 398 000	1 418 000	777 000
Total Current Debt	2 569 000	2 629 000	2 517 000	1 268 000
Total Equity and Debt	6 802 000	6 200 000	5 649 000	3 985 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,64 %	12,29 %	13,25 %	10,89 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,38 %	5,02 %	5,3 %	4,8 %
Current Ratio	1,61	1,32	1,19	1,49
Quick Ratio	13,85	3,71	1,91	8,07
Equity Ratio	0,62	0,58	0,55	0,68
Gross Profit Margin	27,15 %	24,64 %	23,7 %	26,29 %