T HØYLAND BILVERKSTED AS

4365 NÆRBØ

Finances

Share Ownership

Return on Equity

29,88 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 369 000	10 314 000	9 199 000	9 711 000
Net Income	231 000	423 000	435 000	450 000
Total Assets	2 376 000	2 608 000	2 186 000	2 047 000
Total Equity	773 000	792 000	570 000	435 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 369 000	10 314 000	9 199 000	9 711 000
Expenditure	10 072 000	9 769 000	8 638 000	9 130 000
Operating Profit	298 000	545 000	561 000	581 000
Financial Income	0	0	0	0
Financial Costs	2 000	3 000	4 000	5 000
Financial Balance	−2 000	−3 000	−4 000	−5 000
Earnings Before Tax	296 000	542 000	558 000	577 000
Tax	65 000	119 000	123 000	127 000
Net Income	231 000	423 000	435 000	450 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	221 000	199 000	120 000	150 000
Total Current Assets	2 155 000	2 409 000	2 066 000	1 897 000
Total Assets	2 376 000	2 608 000	2 186 000	2 047 000
Total Retained Equity	733 000	752 000	530 000	395 000
Total Equity	773 000	792 000	570 000	435 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 603 000	1 816 000	1 617 000	1 612 000
Total Equity and Debt	2 376 000	2 608 000	2 186 000	2 047 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 369 000	10 314 000	9 199 000	9 691 000
Other Income	0	0	0	20 000
Revenue	10 369 000	10 314 000	9 199 000	9 711 000
Cost of Goods Sold	3 439 000	3 694 000	3 218 000	3 224 000
Salary Costs	4 557 000	4 311 000	3 734 000	4 063 000
Depreciation	89 000	56 000	32 000	34 000
Impairment	0	0	0	0
Expenditure	10 072 000	9 769 000	8 638 000	9 130 000
Operating Profit	298 000	545 000	561 000	581 000
Financial Income	0	0	0	0
Financial Costs	2 000	3 000	4 000	5 000
Financial Balance	−2 000	−3 000	−4 000	−5 000
Dividends	250 000	200 000	300 000	450 000
Net Income	231 000	423 000	435 000	450 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	14 000	35 000	32 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	203 000	184 000	84 000	117 000
Total Tangible Assets	203 000	184 000	84 000	117 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	221 000	199 000	120 000	150 000
Stock	291 000	228 000	219 000	190 000
Total Investments	0	0	0	0
Cash, Bank	776 000	1 048 000	822 000	588 000
Total Current Assets	2 155 000	2 409 000	2 066 000	1 897 000
Total Assets	2 376 000	2 608 000	2 186 000	2 047 000
Total Equity	773 000	792 000	570 000	435 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	239 000	403 000	343 000	303 000
Unpaid Taxes	586 000	517 000	474 000	458 000
Dividends	250 000	200 000	300 000	450 000
Other Current Debt	461 000	797 000	374 000	425 000
Total Current Debt	1 603 000	1 816 000	1 617 000	1 612 000
Total Equity and Debt	2 376 000	2 608 000	2 186 000	2 047 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,88 %	53,41 %	76,32 %	103,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,87 %	5,28 %	6,1 %	5,98 %
Current Ratio	1,34	1,33	1,28	1,18
Quick Ratio	1,64	1,52	1,48	1,33
Equity Ratio	0,33	0,3	0,26	0,21
Gross Profit Margin	66,83 %	64,18 %	65,02 %	66,8 %