HØGHEIM BORETTSLAG

8200 FAUSKE

Finances

Share Ownership

Return on Equity

−1,14 %

Current Ratio

3,84

Debt-to-Equity Ratio

−1,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	635 000	618 000	577 000	531 000
Net Income	25 000	50 000	−421 000	−705 000
Total Assets	1 056 000	1 110 000	1 155 000	914 000
Total Equity	−2 201 000	−2 226 000	−2 276 000	−1 845 000

Income (NOK)	2022	2021	2020	2019
Revenue	635 000	618 000	577 000	531 000
Expenditure	501 000	492 000	907 000	1 148 000
Operating Profit	134 000	126 000	−330 000	−617 000
Financial Income	0	0	0	0
Financial Costs	109 000	76 000	91 000	88 000
Financial Balance	−109 000	−76 000	−91 000	−88 000
Earnings Before Tax	25 000	50 000	−421 000	−705 000
Tax	0	0	0	0
Net Income	25 000	50 000	−421 000	−705 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	772 000	788 000	759 000	759 000
Total Current Assets	284 000	322 000	396 000	156 000
Total Assets	1 056 000	1 110 000	1 155 000	914 000
Total Retained Equity	−2 202 000	−2 227 000	−2 277 000	−1 846 000
Total Equity	−2 201 000	−2 226 000	−2 276 000	−1 845 000
Total Long-Term Debt	3 183 000	3 270 000	3 366 000	2 736 000
Total Current Debt	74 000	66 000	65 000	23 000
Total Equity and Debt	1 056 000	1 110 000	1 155 000	914 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	635 000	618 000	577 000	531 000
Revenue	635 000	618 000	577 000	531 000
Cost of Goods Sold	0	0	0	0
Salary Costs	46 000	23 000	23 000	22 000
Depreciation	16 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	501 000	492 000	907 000	1 148 000
Operating Profit	134 000	126 000	−330 000	−617 000
Financial Income	0	0	0	0
Financial Costs	109 000	76 000	91 000	88 000
Financial Balance	−109 000	−76 000	−91 000	−88 000
Dividends	0	0	0	0
Net Income	25 000	50 000	−421 000	−705 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	746 000	759 000	759 000	759 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	26 000	29 000	0	0
Total Tangible Assets	772 000	788 000	759 000	759 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	772 000	788 000	759 000	759 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	190 000	277 000	356 000	156 000
Total Current Assets	284 000	322 000	396 000	156 000
Total Assets	1 056 000	1 110 000	1 155 000	914 000
Total Equity	−2 201 000	−2 226 000	−2 276 000	−1 845 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 183 000	3 270 000	3 366 000	2 736 000
Creditors	67 000	63 000	52 000	11 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	7 000	3 000	12 000	12 000
Total Current Debt	74 000	66 000	65 000	23 000
Total Equity and Debt	1 056 000	1 110 000	1 155 000	914 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,14 %	−2,25 %	18,5 %	38,21 %
Debt-to-Equity Ratio	−1,45	−1,47	−1,48	−1,48
Operating Profit Margin	21,1 %	20,39 %	−57,19 %	−116,2 %
Current Ratio	3,84	4,88	6,09	6,78
Quick Ratio	3,84	4,88	6,09	6,78
Equity Ratio	−2,08	−2,01	−1,97	−2,02
Gross Profit Margin	100 %	100 %	100 %	100 %