HØGÅS TEKNOLOGIPARK AS

3684 NOTODDEN

Finances

Share Ownership

Return on Equity

−19,2 %

Current Ratio

3,76

Debt-to-Equity Ratio

−4,48

Key figures (NOK)	2021	2020	2019	2018
Revenue	4 921 000	4 685 000	4 298 000	4 002 000
Net Income	568 000	−43 000	−899 000	119 000
Total Assets	11 293 000	12 040 000	8 296 000	9 200 000
Total Equity	−2 958 000	−3 526 000	−3 900 000	−3 001 000

Income (NOK)	2021	2020	2019	2018
Revenue	4 921 000	4 685 000	4 298 000	4 002 000
Expenditure	3 795 000	4 007 000	4 697 000	3 505 000
Operating Profit	1 125 000	678 000	−399 000	497 000
Financial Income	0	0	0	0
Financial Costs	397 000	839 000	433 000	340 000
Financial Balance	−397 000	−839 000	−433 000	−340 000
Earnings Before Tax	729 000	−161 000	−832 000	156 000
Tax	161 000	−118 000	68 000	37 000
Net Income	568 000	−43 000	−899 000	119 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	7 569 000	7 284 000	6 402 000	6 604 000
Total Current Assets	3 724 000	4 757 000	1 894 000	2 596 000
Total Assets	11 293 000	12 040 000	8 296 000	9 200 000
Total Retained Equity	−5 888 000	−6 456 000	−6 413 000	−5 514 000
Total Equity	−2 958 000	−3 526 000	−3 900 000	−3 001 000
Total Long-Term Debt	13 261 000	14 025 000	10 182 000	10 221 000
Total Current Debt	990 000	1 541 000	2 014 000	1 979 000
Total Equity and Debt	11 293 000	12 040 000	8 296 000	9 200 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	4 869 000	4 685 000	4 298 000	4 002 000
Other Income	52 000	0	0	0
Revenue	4 921 000	4 685 000	4 298 000	4 002 000
Cost of Goods Sold	0	1 000	1 000	0
Salary Costs	246 000	641 000	1 321 000	1 086 000
Depreciation	651 000	630 000	571 000	571 000
Impairment	0	0	0	0
Expenditure	3 795 000	4 007 000	4 697 000	3 505 000
Operating Profit	1 125 000	678 000	−399 000	497 000
Financial Income	0	0	0	0
Financial Costs	397 000	839 000	433 000	340 000
Financial Balance	−397 000	−839 000	−433 000	−340 000
Dividends	0	0	0	0
Net Income	568 000	−43 000	−899 000	119 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 299 000	7 054 000	6 141 000	6 525 000
Machinery and Plant Facilities	40 000	0	0	0
Fixtures	214 000	37 000	68 000	59 000
Total Tangible Assets	7 552 000	7 091 000	6 209 000	6 584 000
Total Fiancial Fixed Assets	17 000	193 000	193 000	20 000
Total Fixed Assets	7 569 000	7 284 000	6 402 000	6 604 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 980 000	3 500 000	570 000	278 000
Total Current Assets	3 724 000	4 757 000	1 894 000	2 596 000
Total Assets	11 293 000	12 040 000	8 296 000	9 200 000
Total Equity	−2 958 000	−3 526 000	−3 900 000	−3 001 000
Short-Term Group Debt	0	773 000	713 000	713 000
Total Long-Term Debt	13 261 000	14 025 000	10 182 000	10 221 000
Creditors	340 000	131 000	499 000	585 000
Unpaid Taxes	7 000	112 000	212 000	138 000
Dividends	0	0	0	0
Other Current Debt	482 000	525 000	523 000	507 000
Total Current Debt	990 000	1 541 000	2 014 000	1 979 000
Total Equity and Debt	11 293 000	12 040 000	8 296 000	9 200 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−19,2 %	1,22 %	23,05 %	−3,97 %
Debt-to-Equity Ratio	−4,48	−3,98	−2,61	−3,41
Operating Profit Margin	22,86 %	14,47 %	−9,28 %	12,42 %
Current Ratio	3,76	3,09	0,94	1,31
Quick Ratio	3,76	3,09	0,94	1,31
Equity Ratio	−0,26	−0,29	−0,47	−0,33
Gross Profit Margin	100 %	99,98 %	99,98 %	100 %