HØGÅS II BORETTSLAG

3674 NOTODDEN

Finances

Share Ownership

Return on Equity

3,01 %

Current Ratio

4,44

Debt-to-Equity Ratio

3,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 478 000	1 478 000	1 418 000	1 358 000
Net Income	126 000	430 000	337 000	331 000
Total Assets	16 874 000	17 121 000	17 079 000	17 127 000
Total Equity	4 181 000	4 055 000	3 625 000	3 288 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 478 000	1 478 000	1 418 000	1 358 000
Expenditure	1 191 000	918 000	923 000	820 000
Operating Profit	287 000	560 000	496 000	539 000
Financial Income	0	0	1 000	2 000
Financial Costs	161 000	130 000	160 000	210 000
Financial Balance	−161 000	−130 000	−159 000	−208 000
Earnings Before Tax	287 000	560 000	496 000	539 000
Tax	0	0	0	0
Net Income	126 000	430 000	337 000	331 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 492 000	16 499 000	16 433 000	16 435 000
Total Current Assets	382 000	622 000	646 000	692 000
Total Assets	16 874 000	17 121 000	17 079 000	17 127 000
Total Retained Equity	4 179 000	4 053 000	3 623 000	3 286 000
Total Equity	4 181 000	4 055 000	3 625 000	3 288 000
Total Long-Term Debt	12 607 000	12 985 000	13 372 000	13 741 000
Total Current Debt	86 000	81 000	82 000	98 000
Total Equity and Debt	16 874 000	17 121 000	17 079 000	17 127 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 478 000	1 478 000	1 418 000	1 358 000
Revenue	1 478 000	1 478 000	1 418 000	1 358 000
Cost of Goods Sold	0	0	0	0
Salary Costs	40 000	42 000	39 000	41 000
Depreciation	7 000	2 000	2 000	9 000
Impairment	0	0	0	0
Expenditure	1 191 000	918 000	923 000	820 000
Operating Profit	287 000	560 000	496 000	539 000
Financial Income	0	0	1 000	2 000
Financial Costs	161 000	130 000	160 000	210 000
Financial Balance	−161 000	−130 000	−159 000	−208 000
Dividends	0	0	0	0
Net Income	126 000	430 000	337 000	331 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 492 000	16 499 000	16 433 000	16 433 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	16 492 000	16 499 000	16 433 000	16 433 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 492 000	16 499 000	16 433 000	16 435 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	280 000	570 000	598 000	648 000
Total Current Assets	382 000	622 000	646 000	692 000
Total Assets	16 874 000	17 121 000	17 079 000	17 127 000
Total Equity	4 181 000	4 055 000	3 625 000	3 288 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 607 000	12 985 000	13 372 000	13 741 000
Creditors	86 000	81 000	82 000	98 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	86 000	81 000	82 000	98 000
Total Equity and Debt	16 874 000	17 121 000	17 079 000	17 127 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,01 %	10,6 %	9,3 %	10,07 %
Debt-to-Equity Ratio	3,02	3,2	3,69	4,18
Operating Profit Margin	19,42 %	37,89 %	34,98 %	39,69 %
Current Ratio	4,44	7,68	7,88	7,06
Quick Ratio	4,44	7,68	7,88	7,06
Equity Ratio	0,25	0,24	0,21	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %