HØYANGER BIL AS

6993 HØYANGER

Finances

Share Ownership

Return on Equity

−41,74 %

Current Ratio

1,58

Debt-to-Equity Ratio

3,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 538 000	16 657 000	15 381 000	11 004 000
Net Income	−278 000	148 000	229 000	−150 000
Total Assets	6 707 000	6 449 000	4 739 000	4 710 000
Total Equity	666 000	944 000	796 000	567 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 538 000	16 657 000	15 381 000	11 004 000
Expenditure	14 668 000	16 326 000	14 971 000	11 008 000
Operating Profit	−130 000	331 000	410 000	−4 000
Financial Income	10 000	2 000	4 000	2 000
Financial Costs	158 000	130 000	144 000	147 000
Financial Balance	−148 000	−128 000	−140 000	−145 000
Earnings Before Tax	−278 000	203 000	270 000	−150 000
Tax	0	55 000	40 000	0
Net Income	−278 000	148 000	229 000	−150 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 237 000	1 234 000	540 000	437 000
Total Current Assets	5 469 000	5 215 000	4 198 000	4 273 000
Total Assets	6 707 000	6 449 000	4 739 000	4 710 000
Total Retained Equity	486 000	764 000	616 000	387 000
Total Equity	666 000	944 000	796 000	567 000
Total Long-Term Debt	2 587 000	2 314 000	1 380 000	1 616 000
Total Current Debt	3 454 000	3 192 000	2 563 000	2 527 000
Total Equity and Debt	6 707 000	6 449 000	4 739 000	4 710 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 538 000	16 641 000	15 313 000	10 971 000
Other Income	0	16 000	68 000	32 000
Revenue	14 538 000	16 657 000	15 381 000	11 004 000
Cost of Goods Sold	10 236 000	12 647 000	11 461 000	7 552 000
Salary Costs	2 934 000	2 377 000	2 215 000	2 145 000
Depreciation	186 000	126 000	67 000	65 000
Impairment	0	0	0	0
Expenditure	14 668 000	16 326 000	14 971 000	11 008 000
Operating Profit	−130 000	331 000	410 000	−4 000
Financial Income	10 000	2 000	4 000	2 000
Financial Costs	158 000	130 000	144 000	147 000
Financial Balance	−148 000	−128 000	−140 000	−145 000
Dividends	0	0	0	0
Net Income	−278 000	148 000	229 000	−150 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	916 000	1 002 000	372 000	437 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	321 000	232 000	169 000	0
Total Tangible Assets	1 237 000	1 234 000	540 000	437 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 237 000	1 234 000	540 000	437 000
Stock	4 396 000	3 862 000	3 547 000	3 577 000
Total Investments	0	0	0	0
Cash, Bank	232 000	588 000	152 000	114 000
Total Current Assets	5 469 000	5 215 000	4 198 000	4 273 000
Total Assets	6 707 000	6 449 000	4 739 000	4 710 000
Total Equity	666 000	944 000	796 000	567 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 587 000	2 314 000	1 380 000	1 616 000
Creditors	1 272 000	915 000	764 000	726 000
Unpaid Taxes	347 000	487 000	295 000	417 000
Dividends	0	0	0	0
Other Current Debt	1 836 000	1 735 000	1 463 000	1 384 000
Total Current Debt	3 454 000	3 192 000	2 563 000	2 527 000
Total Equity and Debt	6 707 000	6 449 000	4 739 000	4 710 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−41,74 %	15,68 %	28,77 %	−26,46 %
Debt-to-Equity Ratio	3,88	2,45	1,73	2,85
Operating Profit Margin	−0,89 %	1,99 %	2,67 %	−0,04 %
Current Ratio	1,58	1,63	1,64	1,69
Quick Ratio	−5,81	−7,78	−4,27	−4,07
Equity Ratio	0,1	0,15	0,17	0,12
Gross Profit Margin	29,59 %	24,07 %	25,49 %	31,37 %