HØISETH EIENDOM AS

7530 MERÅKER

Finances

Share Ownership

Return on Equity

74,84 %

Current Ratio

15,21

Debt-to-Equity Ratio

9,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 032 000	1 003 000	1 077 000	980 000
Net Income	913 000	−203 000	51 000	−259 000
Total Assets	13 528 000	14 009 000	17 964 000	20 478 000
Total Equity	1 220 000	307 000	4 810 000	4 560 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 032 000	1 003 000	1 077 000	980 000
Expenditure	964 000	1 069 000	789 000	841 000
Operating Profit	1 069 000	−66 000	289 000	140 000
Financial Income	21 000	5 000	8 000	46 000
Financial Costs	89 000	131 000	162 000	452 000
Financial Balance	−68 000	−126 000	−154 000	−406 000
Earnings Before Tax	1 001 000	−192 000	135 000	−266 000
Tax	88 000	11 000	85 000	−7 000
Net Income	913 000	−203 000	51 000	−259 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 306 000	11 882 000	12 030 000	12 367 000
Total Current Assets	2 221 000	2 127 000	5 933 000	8 112 000
Total Assets	13 528 000	14 009 000	17 964 000	20 478 000
Total Retained Equity	913 000	0	1 318 000	1 067 000
Total Equity	1 220 000	307 000	4 810 000	4 560 000
Total Long-Term Debt	12 162 000	9 337 000	12 751 000	15 858 000
Total Current Debt	146 000	4 364 000	402 000	60 000
Total Equity and Debt	13 528 000	14 009 000	17 964 000	20 478 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 032 000	1 003 000	1 077 000	980 000
Revenue	2 032 000	1 003 000	1 077 000	980 000
Cost of Goods Sold	0	244 000	0	8 000
Salary Costs	0	0	0	0
Depreciation	441 000	421 000	414 000	414 000
Impairment	0	0	0	0
Expenditure	964 000	1 069 000	789 000	841 000
Operating Profit	1 069 000	−66 000	289 000	140 000
Financial Income	21 000	5 000	8 000	46 000
Financial Costs	89 000	131 000	162 000	452 000
Financial Balance	−68 000	−126 000	−154 000	−406 000
Dividends	0	4 300 000	0	0
Net Income	913 000	−203 000	51 000	−259 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 862 000	11 469 000	11 883 000	12 297 000
Machinery and Plant Facilities	297 000	266 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 159 000	11 735 000	11 883 000	12 297 000
Total Fiancial Fixed Assets	147 000	147 000	147 000	70 000
Total Fixed Assets	11 306 000	11 882 000	12 030 000	12 367 000
Stock	17 000	17 000	3 501 000	3 501 000
Total Investments	0	0	0	0
Cash, Bank	962 000	939 000	776 000	908 000
Total Current Assets	2 221 000	2 127 000	5 933 000	8 112 000
Total Assets	13 528 000	14 009 000	17 964 000	20 478 000
Total Equity	1 220 000	307 000	4 810 000	4 560 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 162 000	9 337 000	12 751 000	15 858 000
Creditors	57 000	53 000	12 000	52 000
Unpaid Taxes	0	0	0	0
Dividends	0	4 300 000	0	0
Other Current Debt	0	0	390 000	9 000
Total Current Debt	146 000	4 364 000	402 000	60 000
Total Equity and Debt	13 528 000	14 009 000	17 964 000	20 478 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,84 %	−66,12 %	1,06 %	−5,68 %
Debt-to-Equity Ratio	9,97	30,41	2,65	3,48
Operating Profit Margin	52,61 %	−6,58 %	26,83 %	14,29 %
Current Ratio	15,21	0,49	14,76	135,2
Quick Ratio	17,22	0,49	−1,91	−2,36
Equity Ratio	0,09	0,02	0,27	0,22
Gross Profit Margin	100 %	75,67 %	100 %	99,18 %