HØIE & VATNE AS

4312 SANDNES

Finances

Share Ownership

Return on Equity

8,12 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 113 000	10 125 000	9 376 000	8 784 000
Net Income	99 000	493 000	59 000	222 000
Total Assets	3 010 000	3 015 000	2 509 000	2 236 000
Total Equity	1 219 000	1 120 000	627 000	568 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 113 000	10 125 000	9 376 000	8 784 000
Expenditure	8 951 000	9 582 000	9 279 000	8 527 000
Operating Profit	162 000	544 000	97 000	258 000
Financial Income	16 000	72 000	9 000	27 000
Financial Costs	45 000	3 000	1 000	1 000
Financial Balance	−29 000	69 000	8 000	26 000
Earnings Before Tax	133 000	613 000	105 000	284 000
Tax	34 000	120 000	46 000	63 000
Net Income	99 000	493 000	59 000	222 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	306 000	150 000	131 000	240 000
Total Current Assets	2 704 000	2 865 000	2 378 000	1 996 000
Total Assets	3 010 000	3 015 000	2 509 000	2 236 000
Total Retained Equity	945 000	846 000	353 000	294 000
Total Equity	1 219 000	1 120 000	627 000	568 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 791 000	1 895 000	1 881 000	1 668 000
Total Equity and Debt	3 010 000	3 015 000	2 509 000	2 236 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 113 000	10 125 000	9 376 000	8 784 000
Other Income	0	0	0	0
Revenue	9 113 000	10 125 000	9 376 000	8 784 000
Cost of Goods Sold	4 669 000	5 083 000	4 933 000	4 686 000
Salary Costs	2 740 000	2 911 000	2 761 000	2 254 000
Depreciation	85 000	58 000	63 000	67 000
Impairment	0	0	0	0
Expenditure	8 951 000	9 582 000	9 279 000	8 527 000
Operating Profit	162 000	544 000	97 000	258 000
Financial Income	16 000	72 000	9 000	27 000
Financial Costs	45 000	3 000	1 000	1 000
Financial Balance	−29 000	69 000	8 000	26 000
Dividends	0	0	0	0
Net Income	99 000	493 000	59 000	222 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	35 000	41 000	62 000	108 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	73 000	108 000	66 000	123 000
Fixtures	198 000	0	3 000	9 000
Total Tangible Assets	271 000	108 000	69 000	132 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	306 000	150 000	131 000	240 000
Stock	465 000	305 000	315 000	340 000
Total Investments	976 000	997 000	266 000	0
Cash, Bank	1 028 000	1 245 000	1 403 000	1 260 000
Total Current Assets	2 704 000	2 865 000	2 378 000	1 996 000
Total Assets	3 010 000	3 015 000	2 509 000	2 236 000
Total Equity	1 219 000	1 120 000	627 000	568 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	737 000	622 000	577 000	735 000
Unpaid Taxes	219 000	260 000	370 000	220 000
Dividends	0	0	0	0
Other Current Debt	808 000	913 000	934 000	713 000
Total Current Debt	1 791 000	1 895 000	1 881 000	1 668 000
Total Equity and Debt	3 010 000	3 015 000	2 509 000	2 236 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,12 %	44,02 %	9,41 %	39,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,78 %	5,37 %	1,03 %	2,94 %
Current Ratio	1,51	1,51	1,26	1,2
Quick Ratio	2,04	1,8	1,52	1,5
Equity Ratio	0,4	0,37	0,25	0,25
Gross Profit Margin	48,77 %	49,8 %	47,39 %	46,65 %