HØIEUELAND AS

4323 SANDNES

Finances

Return on Equity

19,31 %

Current Ratio

1,84

Debt-to-Equity Ratio

1,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	78 286 000	51 717 000	53 828 000	54 714 000
Net Income	2 033 000	−1 936 000	2 581 000	3 408 000
Total Assets	35 443 000	37 304 000	36 644 000	23 492 000
Total Equity	10 529 000	9 246 000	11 378 000	9 397 000

Income (NOK)	2022	2021	2020	2019
Revenue	78 286 000	51 717 000	53 828 000	54 714 000
Expenditure	75 342 000	49 558 000	50 041 000	50 032 000
Operating Profit	2 944 000	2 160 000	3 787 000	4 683 000
Financial Income	433 000	695 000	242 000	45 000
Financial Costs	769 000	4 347 000	713 000	353 000
Financial Balance	−336 000	−3 652 000	−471 000	−308 000
Earnings Before Tax	2 608 000	−1 492 000	3 316 000	4 375 000
Tax	575 000	444 000	735 000	967 000
Net Income	2 033 000	−1 936 000	2 581 000	3 408 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 340 000	7 864 000	8 244 000	4 057 000
Total Current Assets	26 103 000	29 440 000	28 400 000	19 435 000
Total Assets	35 443 000	37 304 000	36 644 000	23 492 000
Total Retained Equity	10 433 000	9 151 000	11 285 000	9 304 000
Total Equity	10 529 000	9 246 000	11 378 000	9 397 000
Total Long-Term Debt	10 707 000	17 031 000	16 323 000	6 647 000
Total Current Debt	14 207 000	11 027 000	8 944 000	7 448 000
Total Equity and Debt	35 443 000	37 304 000	36 644 000	23 492 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	78 286 000	51 567 000	53 718 000	54 512 000
Other Income	0	150 000	110 000	202 000
Revenue	78 286 000	51 717 000	53 828 000	54 714 000
Cost of Goods Sold	56 770 000	33 451 000	34 486 000	32 966 000
Salary Costs	12 430 000	11 314 000	11 363 000	12 649 000
Depreciation	125 000	132 000	158 000	156 000
Impairment	0	0	0	0
Expenditure	75 342 000	49 558 000	50 041 000	50 032 000
Operating Profit	2 944 000	2 160 000	3 787 000	4 683 000
Financial Income	433 000	695 000	242 000	45 000
Financial Costs	769 000	4 347 000	713 000	353 000
Financial Balance	−336 000	−3 652 000	−471 000	−308 000
Dividends	750 000	500 000	600 000	400 000
Net Income	2 033 000	−1 936 000	2 581 000	3 408 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	364 000	304 000	204 000	213 000
Real Eastate	3 782 000	2 792 000	2 829 000	2 867 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	260 000	56 000	152 000	272 000
Total Tangible Assets	4 042 000	2 848 000	2 980 000	3 139 000
Total Fiancial Fixed Assets	4 933 000	4 711 000	5 059 000	706 000
Total Fixed Assets	9 340 000	7 864 000	8 244 000	4 057 000
Stock	327 000	240 000	240 000	7 268 000
Total Investments	0	0	0	0
Cash, Bank	2 914 000	569 000	6 413 000	2 727 000
Total Current Assets	26 103 000	29 440 000	28 400 000	19 435 000
Total Assets	35 443 000	37 304 000	36 644 000	23 492 000
Total Equity	10 529 000	9 246 000	11 378 000	9 397 000
Short-Term Group Debt	285 000	2 470 000	0	0
Total Long-Term Debt	10 707 000	17 031 000	16 323 000	6 647 000
Creditors	9 014 000	3 875 000	4 455 000	2 888 000
Unpaid Taxes	2 064 000	1 530 000	1 680 000	1 483 000
Dividends	750 000	500 000	600 000	400 000
Other Current Debt	2 094 000	1 458 000	1 483 000	1 713 000
Total Current Debt	14 207 000	11 027 000	8 944 000	7 448 000
Total Equity and Debt	35 443 000	37 304 000	36 644 000	23 492 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,31 %	−20,94 %	22,68 %	36,27 %
Debt-to-Equity Ratio	1,02	1,84	1,43	0,71
Operating Profit Margin	3,76 %	4,18 %	7,04 %	8,56 %
Current Ratio	1,84	2,67	3,18	2,61
Quick Ratio	1,88	2,73	3,26	107,97
Equity Ratio	0,3	0,25	0,31	0,4
Gross Profit Margin	27,48 %	35,32 %	35,93 %	39,75 %