BRØDRENE HØGVOLL TRANSPORT AS

2690 SKJÅK

Finances

Return on Equity

9,2 %

Current Ratio

5,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 414 000	12 038 000	10 506 000	11 673 000
Net Income	1 352 000	1 220 000	3 544 000	1 530 000
Total Assets	17 103 000	15 122 000	19 404 000	16 411 000
Total Equity	14 692 000	13 341 000	12 120 000	14 576 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 414 000	12 038 000	10 506 000	11 673 000
Expenditure	11 754 000	10 554 000	9 422 000	9 737 000
Operating Profit	1 661 000	1 483 000	1 083 000	1 936 000
Financial Income	79 000	88 000	2 728 000	31 000
Financial Costs	7 000	7 000	9 000	6 000
Financial Balance	72 000	81 000	2 719 000	25 000
Earnings Before Tax	1 733 000	1 565 000	3 801 000	1 962 000
Tax	381 000	344 000	257 000	432 000
Net Income	1 352 000	1 220 000	3 544 000	1 530 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 864 000	4 919 000	6 725 000	9 852 000
Total Current Assets	13 239 000	10 203 000	12 679 000	6 560 000
Total Assets	17 103 000	15 122 000	19 404 000	16 411 000
Total Retained Equity	14 592 000	13 241 000	12 020 000	14 476 000
Total Equity	14 692 000	13 341 000	12 120 000	14 576 000
Total Long-Term Debt	27 000	29 000	192 000	207 000
Total Current Debt	2 384 000	1 752 000	7 092 000	1 628 000
Total Equity and Debt	17 103 000	15 122 000	19 404 000	16 411 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 414 000	12 038 000	10 268 000	11 622 000
Other Income	0	0	238 000	52 000
Revenue	13 414 000	12 038 000	10 506 000	11 673 000
Cost of Goods Sold	537 000	322 000	340 000	114 000
Salary Costs	3 218 000	3 336 000	3 224 000	3 254 000
Depreciation	1 893 000	2 031 000	1 811 000	1 921 000
Impairment	0	0	0	0
Expenditure	11 754 000	10 554 000	9 422 000	9 737 000
Operating Profit	1 661 000	1 483 000	1 083 000	1 936 000
Financial Income	79 000	88 000	2 728 000	31 000
Financial Costs	7 000	7 000	9 000	6 000
Financial Balance	72 000	81 000	2 719 000	25 000
Dividends	0	0	6 000 000	0
Net Income	1 352 000	1 220 000	3 544 000	1 530 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	188 000	10 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 215 000	1 753 000	2 874 000	4 457 000
Fixtures	1 540 000	2 235 000	2 930 000	1 175 000
Total Tangible Assets	2 755 000	3 988 000	5 804 000	5 632 000
Total Fiancial Fixed Assets	922 000	922 000	922 000	4 220 000
Total Fixed Assets	3 864 000	4 919 000	6 725 000	9 852 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 280 000	9 207 000	11 896 000	5 604 000
Total Current Assets	13 239 000	10 203 000	12 679 000	6 560 000
Total Assets	17 103 000	15 122 000	19 404 000	16 411 000
Total Equity	14 692 000	13 341 000	12 120 000	14 576 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	27 000	29 000	192 000	207 000
Creditors	818 000	116 000	75 000	87 000
Unpaid Taxes	466 000	539 000	265 000	477 000
Dividends	0	0	6 000 000	0
Other Current Debt	540 000	570 000	473 000	550 000
Total Current Debt	2 384 000	1 752 000	7 092 000	1 628 000
Total Equity and Debt	17 103 000	15 122 000	19 404 000	16 411 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,2 %	9,14 %	29,24 %	10,5 %
Debt-to-Equity Ratio	0	0	0,02	0,01
Operating Profit Margin	12,38 %	12,32 %	10,31 %	16,59 %
Current Ratio	5,55	5,82	1,79	4,03
Quick Ratio	5,55	5,82	1,79	4,03
Equity Ratio	0,86	0,88	0,62	0,89
Gross Profit Margin	96 %	97,33 %	96,76 %	99,02 %